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Another month in the books, looks like interesting and mixed results.
Auto sales are rolling in better-than-expected.
We've got beats compared to expectations from General Motors, Fiat Chrysler, Ford, Toyota, and Nissan.
Toyota reported its US auto sales fell 0.3%, less than the 1.8% decline that was expected.
General Motors reported sales that beat expectations in May, with sales rising 3% against expectations for a 0.1% increase.
Fiat Chrysler kicked off the reporting, with sales rising 4% in May, topping expectations for a 2.6% increase. Ford later followed up with a 1.3% sales decline in May, which is less than the 3.1% declined that was expected.
Nissan also saw sales beat expectations, with sales fall 0.8% against expectations for a 2.4% decline.
Here's the updated scoreboard:
GM: +3% (+0.1% expected)
Ford: -1.3% (-3.1% expected)
Fiat Chrysler: +4% (+2.6% expected)
Nissan: -0.8% (-2.4% expected)
Toyota: -0.3% (-1.8% expected)
Volkswagen of America: +8.1%
Audi: +11%
Economists expect that auto sales rebounded in May to a seasonally adjusted annualized rate of 17.2 million vehicles after April's results disappointed.
In April, sales totaled a pace of 16.5 million.
In a note to clients ahead of the report, economists at Bank of America Merrill Lynch wrote, "After flat-lining for several months, we expect auto sales to have jumped to a solid 17.2mn saar pace in May."
The firm added: "With winter doldrums well in the rearview mirror, and with consumers enjoying several months of relatively low gasoline prices, we see an improvement in vehicle demand. 17.2mn is slightly above the highs of this year (registered in March), and if gasoline prices remain subdued and consumer confidence continues to improve, we see further upside to vehicle sales ahead."
FCA US LLC Reports May 2015 U.S. Sales Increased 4 Percent; Best May Sales Since 2005
*62nd-consecutive month of year-over-year sales gains
*Sales exceed 200,000 units; first time since March 2007
*Jeep® brand sales up 13 percent; best monthly sales ever
*Jeep Cherokee and Jeep Wrangler record their best monthly sales ever
*Chrysler 200 sales up 537 percent; best monthly sales ever
*Dodge Challenger sales increase 29 percent; best monthly sales ever
*Seven FCA US vehicles post sales records in May
June 2, 2015 , Auburn Hills, Mich. - FCA US LLC today reported U.S. sales of 202,227 units, a 4 percent increase compared with sales in May 2014 (194,421 units), and the group’s best May sales since 2005.
The Chrysler, Jeep ® and Ram Truck brands each posted year-over-year sales gains in May compared with the same month a year ago. The Chrysler brand’s 32 percent increase was the largest sales gain of any FCA US brand during the month. The group extended its streak of year-over-year sales gains to 62-consecutive months.
“Our Jeep brand continues to set records with its best monthly sales ever in May, helping us to achieve our 62nd-consecutive month of year-over-year sales increases,” said Reid Bigland, Head of U.S. Sales. “Despite one less industry selling day this May versus a year ago, we posted a 4 percent sales gain and exceeded the 200,000-unit threshold for the first time since March 2007.”
Seven FCA US vehicles set records in the month of May, including the Chrysler 200 which recorded its best monthly sales ever. Sales of the 200 were up 537 percent in May compared with the same month a year ago. The new 200 had the largest percentage increase of any FCA US vehicle in May. Likewise, the all-new Jeep Cherokee and Jeep Wrangler, and the Dodge Challenger each posted their best monthly sales ever. In addition, the Jeep Patriot, Ram ProMaster van, and Dodge Dart logged their best sales in the month of May.
FCA US finished the month of May with a 69-day supply of inventory (540,509 units). U.S. industry sales figures for May are internally projected at an estimated 17.9 million units Seasonally Adjusted Annual Rate (SAAR).
]Jun 2, 2015 | DEARBORN, Mich. Ford Edge Achieves Record May Sales, Ford Mustang Best May Since 2007, Ford Vans Post Best May Since 1978
*All-new Ford Edge has May sales record; 2016 Ford Explorer sales strong in first month
*F-150 sets record average transaction prices in May
*Transit van posts best monthly sales results since launch last June, driving overall Ford commercial van sales to its highest May levels since 1978
*Mustang has best May and year-to-date sales results since 2007
*Lincoln retail sales increase 10 percent, marking best May in eight years
*Ford Motor Company U.S. sales of 250,813 vehicles decline 1 percent versus last year
Ford Motor Company’s total U.S. sales of 250,813 vehicles for May declined 1 percent from a year ago. Retail sales of 171,535 vehicles decline 2 percent. Fleet sales of 79,278 vehicles are flat.
Sales of the all-new Ford Edge established a May sales record, with sales up 34 percent and turning in just 13 days on dealer lots. The 2016 Explorer went on sale in May, and retail sales increased 24 percent. Explorer is America’s best-selling mid-size utility with its best May retail sales results since 2004.
“We continue to see strong consumer demand for our newest products, including Edge, F-150, Mustang, Transit Vans and Lincoln MKC,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “Our all-new F-150 is still turning on dealer lots in 26 days against tight supply, and F-150 average transaction prices set a record in May, as customers continued buying a rich mix of high-series pickups.”
F-Series, America’s best-selling truck, had sales of 61,870 pickups on tight supply, as the second F-150 facility – Kansas City Assembly Plant – ramps up to full line speed this quarter. Inventory continues building as the plant comes fully on-line.
Transit vans helped deliver Ford’s best May performance for commercial vans since 1978, with 20,655 total commercial vans sold last month.
Mustang sales increased 39 percent in May, with 13,616 cars sold. Year-to-date, Mustang sales are up 55 percent, with a 116 percent increase in southern California, America’s largest sports car market. The 2.3-liter EcoBoost® V6 engine is now that market’s best-selling Mustang engine.
Lincoln retail sales were up 10 percent, with 8,152 vehicles sold in May. Lincoln MKC sales totaled 2,289 vehicles, while Lincoln Navigator sales increased 50 percent, with 1,046 vehicles sold.
VOLKSWAGEN OF AMERICA REPORTS MAY SALES – UP 8% OVER 2014
Jun 2, 2015
*May sales total 34,758 units
*The all-new Golf family of vehicles delivered 6,308 units, a 252 percent increase, the best May since 2000
*The Golf GTI delivered 1,826 units, a 65 percent increase
*Golf delivered 1,972 units for the month, a 188 percent increase
*e-Golf delivered 410 units, the best month ever for the vehicle
*Jetta sedan delivered 12,650 units, a 5 percent increase
*Tiguan delivered 3,079 units, a 16 percent increase
*High-mileage, TDI® Clean Diesel models accounted for 22.7 percent of sales in May – the highest TDI Mix since August 2014
Herndon, VA (June 2, 2015) — Volkswagen of America, Inc. (VWoA) today reported sales of 34,758 units delivered in May 2015.
The all-new Golf family of vehicles continued to find success in the market. In May, Golf family sales totaled 6,308 units, marking the best May for the Golf family since 2000. The e-Golf delivered 410 units for the month, the best month ever for the vehicle.
“We are encouraged by the performance of the Golf family, delivering the best May in 15 years. We are happy to see the full-lineup delivering success, whether it’s the all-electric e-Golf, the TDI Clean Diesel models, the new SportWagen and the performance driven Golf R,” said Mark McNabb, chief operating officer, Volkswagen of America.
The Chattanooga-built Passat totaled 8,180 units delivered for the month. Volkswagen recently introduced the value laden Limited Edition model, which has a starting MSRP of $23,995.
Expansion of the Chattanooga plant is underway; a recent study estimates the expansion and addition of the upcoming midsize SUV could result in an impact of 9,800 jobs and $370 million to the Tennessee economy.
The Jetta, which was refreshed for the 2015 model year and has a suite of available driver assistance features, continued to show its strength as a core model, with 12,650 units delivered, a 5 percent increase over the previous May.
The Touareg, refreshed for 2015, delivered 700 units: 348 of these were TDI® Clean Diesel models, amounting to 50 percent of its sales. The Tiguan delivered 3,079 units, marking a 16.2 percent increase over the previous May.
Audi achieves second best month for U.S. sales with 11% gain in May 2015
June 02, 2015 | HERNDON, Virginia
Audi sales YTD through May up 11.7% to 75,353 vehicles
Best month ever for Audi A3 sedan, A3 Cabriolet
Demand for Audi SUV models increased 36.7% for the month
Audi reported that its May 2015 sales increased 11.0% to 18,428 vehicles, a total that stands as the second-best month since the brand entered the U.S. market in 1970. May was also the 53rd consecutive month of record U.S. Audi sales.
The previous May record was set in 2014 with sales of 16,601 vehicles. The best month Audi has seen in the U.S. market came in December 2014 with sales of 19,238 cars and SUVs. Through the first five months of 2015, Audi U.S. sales rose 11.7% from last year to 75,353 vehicles.
A key driver of Audi sales gains for the month was the significant increase in demand for the A3 and S3 models that form the base of the Audi product lineup. May 2015 was best month on record for the A3 and S3 sedan models with 3,035 cars sold, as well as for the A3 Cabriolet with 458 cars sold. Combined, the 3,493 A3 and S3 sales trailed only the 4,280 sales of the popular Audi Q5 and SQ5 crossovers in the Audi results.
“A year after launching the new A3 models, we are seeing payoff from our bold decision to reimagine a key component of the Audi lineup and take advantage of a luxury car segment poised to take off,” said Scott Keogh, President, Audi of America. “The record sales for the A3 and S3 sedans, along with the A3 Cabriolet, show this was a risk well worth taking. And we aren’t done yet with the all-new A3 Sportback e-tron coming this fall as the first plug-in Audi.”
May represented strong demand for Audi luxury SUVs with a 36.7% increase in May sales encompassing the Audi Q3, Q5 and Q7 models. The Q5 posted an 11.6% increase from a year earlier, and the Q7 posted a 25.3% increase from last May. The Audi Q3 wasn’t available in May 2014.
Audi Certified pre-owned vehicle sales also achieved their second-highest total for any month and the best May ever with a 5.8% gain on 4,405 CPO vehicles sold. Audi CPO sales year-to-date increased 8.3%
Audi holds the longest running monthly record sales streak in the premium car market according to a competitive sales report from MotorIntelligence.com.
Toyota Motor Sales (TMS), U.S.A., Inc., today reported May 2015 sales of 242,579 units, a decrease of 0.3 percent from May 2014 on a volume basis. With one less selling day in May 2015 than in May 2014, sales were up 3.6 percent on a daily selling rate (DSR) basis.
Toyota division posted May 2015 sales of 212,908 units, down 1.6 percent on a volume basis and up 2.2 percent on a DSR basis.
"Strong May results boosted the industry to the best sales pace since last summer,” said Bill Fay, Toyota Division group vice president and general manager. "Toyota Division light trucks reported a best ever May, helping Toyota to over 200,000 units for the month.”
Lexus reported May sales of 29,671 units, up 10.2 percent from May 2014 on a volume basis and 14.5 percent on a DSR basis.
“For the 5 month period from January to May, Lexus has seen the demand for luxury utility vehicles grow to 48 percent compared to 43 percent of total sales volume during the same period last year,” said Jeff Bracken, Lexus group vice president and general manager. “The momentum provided by strong luxury utility vehicle sales coupled with the growing consumer awareness of our newer models, such as the NX crossover and RC coupe, have us excited for the summer sales season.”
May 2015 Highlights:
Camry posted sales of nearly 44,000 units
Corolla posted sales of 36,768 units
Total Toyota light trucks up 13.4 percent, a May record
Highlander up 25.2 percent
RAV4 sales rose 22.8 percent to 28,808
Combined Tacoma and Tundra pickup sales exceeded 29,000 units, up 15.4 percent
Lexus luxury utility vehicles set a new May record, up 23 percent
RX posted sales of 8,000 units
All-new NX posted sales of 4,014 units
GX up 11.4 percent with sales of 2,182 units
Honda Fit again impresses with an 82-percent gain to lead strong Honda sedan sales
New HR-V debuts with incredible 6,381 units sold in half a month to lead record May Honda light truck sales with a 10.6-percent year-over-year gain to 63,979 units
Acura's 1st-year TLX continues to drive Acura sedan sales increases with second consecutive 4,000+ unit month for a 43.5-percent year-over-year sedan sales hike
Upgraded RDX 1st full sales month punches well over 5,000 units smashing May 2014 numbers by 24.3 percent and setting a new all-time monthly sales record
Top Acura performers accelerated the luxury brand sales by a substantial 16.1 percent
American Honda Motor Co., Inc. today reported May 2015 Honda and Acura vehicle sales of 154,593 units, with Honda light trucks gaining 10.6 percent on sales of 63,979 units and Acura sedans increasing 43.5 percent on sales of 6,278 vehicles. Month-to-month American Honda total sales were up 1.3 percent year-over-year, with the Acura Division gaining 16.1 percent on sales of 17,042 vehicles in May and the Honda Division posting sales of 137,551 vehicles, a decrease of 0.3 percent for the month.
Honda
With the introduction of the all-new HR-V entry crossover further strengthening the perennially popular Honda light truck lineup, the trifecta of HR-V, CR-V and Pilot CUVs proved a winning sales combination in May. The lineup will gain greater momentum with the June debut of the all-new 3rd-generation 2016 Pilot. The introductory vehicle to the Honda car lineup, the Fit is finding homes with a steeply increasing number of individual buyers, posting an 82% gain to 6,342 units in May. Accord and Civic continue to be incredibly popular, topping 30,000 units in sales, along with America's most popular SUV, the Honda CR-V.
Honda light trucks beat previous May record by 6,144 units for a total of 63,979 vehicles.
Sales of the second-generation 2015 Pilot increased 17 percent to 11,760 ahead of introduction of the third-generation 2016 model.
Fit posts 3rd consecutive month of over-6,000 unit sales for an 82-percent year-over-year May increase.
"The new Honda HR-V hit the ground running with an incredible sales performance in just a half month on the market with the all-new 2016 Pilot coming to market this month to further accelerate light truck sales," said Jeff Conrad, Honda Division senior vice president and general manager. "Despite the market trend toward light truck sales, our trio of Fit-Civic-Accord remains popular with individual buyers, and we're looking forward to a summer of hot sales."
Acura
Sales of the new TLX luxury sport sedan and upgraded ILX gateway luxury sedan boosted Acura sedan sales to an impressive increase of 43.5% from May 2014 with a total of 4,352 TLX models and 1,673 ILXs sold. Adding to Acura's overall 16.1% month-to-month gain to 17,042 vehicles was the refreshed RDX with all-time record sales of 5,343 units, combining with the popular MDX to produce sales of 10,764 Acura luxury SUVs in May.
With a total of 17,042 units sold, Acura brand sales gained 16.1% in May; every current Acura model up from previous month
Acura sedan sales up by 43.5% for May with a total of 6,278 vehicles driven by TLX sales of 4,352 units and ILX sales of 1,673.
MDX and RDX both post sales numbers over 5,000 units each for a May record total Acura light truck sales of 10,764 vehicles
"The Acura sedan lineup continues to build strong momentum with an increasing number of luxury customers getting behind the wheel of our TLX and ILX luxury performance models, " said Mike Accavitti, Acura Division senior vice president and general manager. "Together with the benchmark MDX and recently refreshed RDX, both topping 5,000 units in sales, we're looking forward to a long, hot summer of Acura sales."
Chevrolet, Buick, GMC and Cadillac dealers in the United States delivered 293,097 vehicles in May 2015, for General Motors Co.’s (NYSE: GM) best May sales since 2007 and its best month since August 2008. Total sales were up 3 percent year over year and retail sales were up 7 percent in a month when most major competitors lost ground. Pickup trucks and crossovers were especially strong sellers.
“Chevrolet has the hot hand in the pickup market thanks to our three-truck strategy,” said Kurt McNeil, General Motors’ U.S. vice president of Sales Operations. “Our market share is growing and our strategy is to retain these customers with the best overall ownership experience.”
The Chevrolet Silverado’s estimated retail segment share was 27 percent in May, according to J.D. Power PIN data, up 3 percentage points year over year. Calendar year to date, the truck’s retail segment share is 26 percent, up 1 percentage point.
Demand for the all-new Colorado midsize pickup is rising faster than GM’s ability to increase production, even with the addition of a third production shift in March. With 8,881 sales in May, the Colorado controls about one-quarter of the retail market for midsize pickups and it has been the industry’s fastest-selling pickup for four consecutive months. Its “days to turn” is only 13 days, according to PIN, and retail inventory is 11 days.
Demand is also soaring for Chevrolet crossovers, which had their best sales ever in May. The Equinox was up 30 percent compared to a year ago and the Traverse rose 2 percent. Retail deliveries for the Equinox and Traverse were up 15 percent and 30 percent, respectively. The all-new Trax small crossover also continues to gain momentum, with 5,707 deliveries.
Growth at GMC, which focuses exclusively on trucks and crossovers, is far outpacing the industry. The brand had its best May since 2005, up 12 percent year over year.
The GMC Sierra was up 4 percent. Terrain had its best May sales ever, with sales up 11 percent, the Acadia had its best month ever, with sales up 67 percent, and the new Canyon contributed 2,901 units. Calendar year to date, GMC sales are up 15 percent.
Additional Highlights vs. 2014 (except as noted)
Chevrolet
Chevrolet pickup sales totaled 60,483 units, up 30 percent. Silverado deliveries were up 11 percent and the Colorado had its best month since launch.
Sonic deliveries were up 3 percent, Malibu was up 11 percent and Corvette was up 6 percent, for its best May since 1986.
Chevrolet continued to have the lowest passenger car incentives in the industry on average transaction price (ATP) basis compared to other full-line manufacturers, according to PIN.*
Cadillac
The SRX saw a 21-percent increase and Escalade sales were up 6 percent.
GMC
GMC pickup sales were up 19 percent, and the Sierra and Canyon have the highest ATPs in their respective segments, according to PIN.
Buick
Buick sales were up. Enclave deliveries were up 23 percent and the Encore was up 21 percent, for its 17th consecutive year-over-year sales increase.
Fleet and Commercial
Commercial deliveries were up 5 percent in May, with full-size pickups up 9 percent. Deliveries of medium crossovers and the Chevrolet Malibu more than doubled. Through May, commercial deliveries have grown year over year for 19 consecutive months and they are up 24 percent calendar year to date.
State and local government sales were up 29 percent in May, and 23 percent calendar year to date.
GM’s total sales increase in May came despite a planned 7,000-unit decline in rental deliveries. The decline reflects the discontinuation of the fleet-only Chevrolet Captiva, as well as lower production of the fleet-only Chevrolet Impala Limited and lower sales of large SUVs.
June rental deliveries are planned to be down more than 20,000 units, year over year.
GM is prioritizing retail deliveries of large SUVs due to strong demand and low inventories, which currently stand at 62 days supply.
General Motors
May ATPs were approximately $34,000, up $550 per unit year over year, according to PIN. They are up about $1,300 calendar year to date.
Incentive spending as a percentage of ATPs was 10.6 percent in May, equal to a year ago, according to PIN. Industry average spending was 10 percent of ATPs, also equal to a year ago.
GM estimates that the seasonally adjusted annual selling rate (SAAR) for light vehicles in May was 17.6 million units, above GM’s full-year outlook of 16.5 million to 17.0 million units.
Subaru of America, Inc. today reported record sales for May 2015 totaling 49,561 vehicles, a 12.2 percent gain over May 2014. The company also reported year-to-date sales of 228,083 vehicles, a 16 percent gain over the same period in 2014.
May marked the 15th consecutive month of 40,000+ vehicle sales for the company. Forester, Outback and XV Crosstrek sales were notably strong as each model line achieved its best May ever. Legacy sales for May 2015 increased 64 percent over the same month in 2014.
“We are pleased to see our sales growth continue and surpass the records we set last year,” said Thomas J. Doll, president and chief operating officer, Subaru of America, Inc. “Our strong sales are a result of Subaru owner loyalty and buyers coming to the brand for the 1st time. It is a winning combination that will continue to drive sales.”
“The Outback was the fourth most-shopped model in the U.S. last month and our shopping levels in general are at their highest levels ever” said Jeff Walters, senior vice president of sales, Subaru of America, Inc. “At our current pace, with the steadfast support of our retailers, selling more than 540,000 vehicles in 2015 is certainly within reach.”
Mazda's outstanding 6th-generation vehicles (Mazda3, Mazda6, CX-5) have combined YTD sales up 8.16 percent and for the month of May are up 4.64 percent YOY.
Mazda CX-5, in its 4th year of sales, continues to set records. CX-5 had its best May ever in 2015 with 10,717 vehicles sold, an increase of 15.3 percent (9,291 vehicles in May 2014).
Mazda6 had its best month of May sales since 2006 with 5,580 vehicles sold, an increase of 2.2 percent year-over-year (YOY) (5,461 vehicles sold in May 2014).
Mazda CX-9 had a strong May for 2015 with 1,924 vehicles sold, an increase of 20.1 percent YOY (1,602 vehicles in May 2014).
As the company's sixth-generation of vehicle sales grow so does SKYACTIV® TECHNOLOGY.
Mazda's no-compromise solution to driving performance and fuel efficiency has proven to be an affordable and beneficial solution for consumers. In May 2015, 90.0 percent of Mazdas sold were equipped with SKYACTIV TECHNOLOGY.
Mazda reported Certified Pre-Owned (CPO) May sales of 3,670 vehicles, up 0.2 percent YOY.
Mazda Motor de Mexico (MMdM) reported May sales of 4,785 vehicles, up 44.0 percent versus last year, making it the best May in MMdM history and the 28th consecutive month of YOY growth. Year-to-date sales for MMdM are up 53.0 percent with 21,596 vehicles sold.
Mazda North American Operations is headquartered in Irvine, Calif., and oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States and Mexico through more than 700 dealers. Operations in Mexico are managed by Mazda Motor de Mexico in Mexico City.
Nissan Group today announced total U.S. sales for May 2015 of 134,779 units.
Nissan highlights:
Nissan Division finished May with 124,305 sales.
Overall sales of Nissan crossovers, trucks and SUVs set a May record, up 17.6 percent.
Sales of the Nissan Rogue crossover increased 38.3 percent to 25,901, setting a May record.
Murano crossover sales increased 58.3 percent to 5,715.
Sales of the NV200 set an all-time record for any month at 1,631 units.
June marks the launch of the all-new, 8th-generation Nissan Maxima, which will soon be available for purchase at Nissan dealerships nationwide. Media can find information on the new Maxima at http://nissannews.com/en-US/nissan/u...xima-press-kit
06-02-15, 07:43 AM
May 2015 Sales
Toyota
Honda Acura
