May-2007 Car Sales
CL Community Team
Joined: Oct 2002
Posts: 30,270
Likes: 348
From: Canada
Honda
Honda Sales Speed Up in May to New Record; Civic Sets All-Time Record
CR-V and Fit set records
TORRANCE, Calif., June 1 /PRNewswire/ -- Record May sales for American
Honda Motor Co., Inc., increased to 145,367, up from 141,810 in 2006,
breaking the previous May record set in 2004, the company announced today.
The Honda Division posted record May sales of 129,447, up from May 2006
results of 125,639.
With one additional selling day in May 2007, the daily selling rate*
(DSR) percentage change represents a 1.4 percent decline for American Honda
and a 0.9 percent decline for Honda Division. Year-to-date American Honda
sales increased to 625,994, up 1.0 percent.
Honda Division's new May record was bolstered by all-time record sales
of the compact Civic and subcompact Fit and a new May record for the CR-V
crossover SUV -- the best-selling SUV in the U.S. Civic sales of 39,993, up
32.6 percent for the month, shattered an all-time record of 36,533 set in
August 2001. Civic Hybrid sales of 4,520, up 50.4 percent, also broke the
all- time record of 4,146 set in August 2005. Record May CR-V sales
increased by 35.9 percent to 19,513. Fit results of 5,361 achieved a new
all-time record.
"Small is big right now," said **** Colliver, executive vice president
of American Honda. "Smaller vehicles have become more attractive for
multiple reasons and we expect this trend to continue for the time being."
Additional large volume Honda Division products for May include the
Accord, 31,915; Odyssey, 15,235; and Pilot, 10,133. Ridgeline and Element
volume respectively totaled 3,600 and 3,187. Year-to-date, Honda Division
sales of 551,220 are up 2.5 percent with total car sales increasing by 3.9
percent and light truck sales increasing by 0.7 percent on a DSR basis.
Acura Division sales totaled 15,920. The recent introductions of the
completely redesigned MDX luxury SUV and all-new RDX crossover SUV pushed
Acura light truck sales up 82.6 percent to 6,635. The MDX posted strong May
sales of 4,623, up 27.2 percent versus last year and up 7.1 percent for the
year on a DSR basis.
*The daily selling rate is calculated with 26 days for May 2007, versus
25 for 2006.
SOURCE Honda Motor Co.
CR-V and Fit set records
TORRANCE, Calif., June 1 /PRNewswire/ -- Record May sales for American
Honda Motor Co., Inc., increased to 145,367, up from 141,810 in 2006,
breaking the previous May record set in 2004, the company announced today.
The Honda Division posted record May sales of 129,447, up from May 2006
results of 125,639.
With one additional selling day in May 2007, the daily selling rate*
(DSR) percentage change represents a 1.4 percent decline for American Honda
and a 0.9 percent decline for Honda Division. Year-to-date American Honda
sales increased to 625,994, up 1.0 percent.
Honda Division's new May record was bolstered by all-time record sales
of the compact Civic and subcompact Fit and a new May record for the CR-V
crossover SUV -- the best-selling SUV in the U.S. Civic sales of 39,993, up
32.6 percent for the month, shattered an all-time record of 36,533 set in
August 2001. Civic Hybrid sales of 4,520, up 50.4 percent, also broke the
all- time record of 4,146 set in August 2005. Record May CR-V sales
increased by 35.9 percent to 19,513. Fit results of 5,361 achieved a new
all-time record.
"Small is big right now," said **** Colliver, executive vice president
of American Honda. "Smaller vehicles have become more attractive for
multiple reasons and we expect this trend to continue for the time being."
Additional large volume Honda Division products for May include the
Accord, 31,915; Odyssey, 15,235; and Pilot, 10,133. Ridgeline and Element
volume respectively totaled 3,600 and 3,187. Year-to-date, Honda Division
sales of 551,220 are up 2.5 percent with total car sales increasing by 3.9
percent and light truck sales increasing by 0.7 percent on a DSR basis.
Acura Division sales totaled 15,920. The recent introductions of the
completely redesigned MDX luxury SUV and all-new RDX crossover SUV pushed
Acura light truck sales up 82.6 percent to 6,635. The MDX posted strong May
sales of 4,623, up 27.2 percent versus last year and up 7.1 percent for the
year on a DSR basis.
*The daily selling rate is calculated with 26 days for May 2007, versus
25 for 2006.
Code:
American Honda Vehicle Sales For May 2007
Month-to-Date Year-to-Date
May May DSR** May May DSR**
2007 2006 % Chg. 2007 2006 %Chg.
American Honda Total 145,367 141,810 -1.4% 625,994 614,778 1.0%
Total Car Sales 87,064 84,898 -1.4% 352,733 357,073 -2.0%
Total Truck Sales 58,303 56,912 -1.5% 273,261 257,705 5.2%
Honda Total Car
Sales 77,779 72,221 3.6% 310,766 296,620 3.9%
Honda Total Truck
Sales 51,668 53,418 -7.0% 240,454 236,964 0.7%
Acura Total Car
Sales 9,285 12,677 -29.6% 41,967 60,453 -31.1%
Acura Total Truck
Sales 6,635 3,494 82.6% 32,807 20,741 56.9%
Domestic Car Sales* 71,463 65,971 4.2% 283,116 287,234 -2.2%
Honda Division 65,703 59,994 5.3% 258,302 256,478 -0.1%
Acura Division 5,760 5,977 -7.3% 24,814 30,756 -20.0%
Domestic Truck Sales* 40,872 43,108 -8.8% 192,492 198,045 -3.6%
Honda Division 34,237 39,614 -16.9% 159,685 177,304 -10.6%
Acura Division 6,635 3,494 82.6% 32,807 20,741 56.9%
Import Car Sales 15,601 18,927 -20.7% 69,617 69,839 -1.1%
Honda Division 12,076 12,227 -5.0% 52,464 40,142 29.7%
Acura Division 3,525 6,700 -49.4% 17,153 29,697 -42.7%
Import Truck Sales 17,431 13,804 21.4% 80,769 59,660 34.3%
Honda Division 17,431 13,804 21.4% 80,769 59,660 34.3%
MODEL BREAKOUTS BY
DIVISION
Honda Division Total 129,447 125,639 -0.9% 551,220 533,584 2.5%
Fit 5,361 5,248 -1.8% 18,156 9,040 99.3%
Accord* 31,915 36,967 -17.0% 153,431 145,529 4.6%
Memo: Accord Hybrid 439 520 -18.8% 1,702 2,849 -40.7%
Civic* 39,993 29,006 32.6% 137,288 138,744 -1.8%
Memo: Civic Hybrid 4,520 2,890 50.4% 13,895 13,154 4.8%
S2000 510 908 -46.0% 1,888 2,895 -35.3%
Insight 0 92 3 412 -99.3%
FCX 0 0 0 0
Odyssey* 15,235 16,887 -13.3% 64,822 72,941 -11.8%
Pilot* 10,133 12,856 -24.2% 56,261 59,288 -5.9%
CR-V* 19,513 13,804 35.9% 84,464 59,660 40.5%
Element* 3,187 5,216 -41.2% 16,728 22,125 -25.0%
Ridgeline 3,600 4,655 -25.6% 18,179 22,950 -21.4%
Acura Division Total 15,920 16,171 -5.3% 74,774 81,194 -8.6%
RSX 12 2,125 -99.5% 287 8,311 -96.6%
TL* 5,760 5,977 -7.3% 24,814 30,756 -20.0%
TSX 2,859 3,520 -21.9% 14,007 16,664 -16.6%
RL 653 1,047 -40.0% 2,858 4,680 -39.4%
NSX 1 8 -88.0% 1 42 -97.6%
MDX* 4,623 3,494 27.2% 22,388 20,741 7.1%
RDX* 2,012 0 10,419 0
Selling Days 26 25 127 126
*Honda and Acura vehicles are made of domestic and global sourced
parts.
** Daily Selling Rate
CL Community Team
Joined: Oct 2002
Posts: 30,270
Likes: 348
From: Canada
Chrysler Group May 2007 U.S. Sales Rise 4 Percent
-- Jeep(R) brand up 20 percent
-- Dodge brand gains 3 percent
-- Chrysler brand car sales rise 22 percent fueled by "Maximize Your Miles"
program
-- Strong retail sales in May, fleet sales down
-- Jeep Wrangler increases 114 percent, record month of May
-- Inventory down by 19 percent and more than 110,000 units
AUBURN HILLS, Mich., June 1 /PRNewswire-FirstCall/ -- Chrysler Group
reported sales for May 2007 of 199,393 units; up 4 percent compared to May
2006 with 191,261. All sales figures are reported unadjusted.
"Chrysler Group increased overall sales in May based on a strong retail
performance and while fleet sales were down," said Darryl Jackson, Vice
President -- U.S. Sales. "Especially our new offerings in the car segment
continued to gain momentum, supported by the fuel economy message of our
'Maximize Your Miles' program. Driven by models like the Chrysler Sebring,
Dodge Avenger and Dodge Caliber, the company's car sales increased 15
percent over the previous year."
Chrysler brand car sales in May were up 22 percent year-over-year,
while Dodge brand car sales increased 11 percent. Chrysler Group's
offerings in the car segment include the Chrysler Sebring Sedan and Sebring
Convertible, the Chrysler 300, the Dodge Avenger, Dodge Caliber and Dodge
Charger.
Jeep brand sales continued to increase in May after an already strong
April and posted a gain of 20 percent over the previous year. This result
was driven by the continuously strong Jeep Wrangler and the Jeep Patriot.
Jeep Wrangler and Wrangler Unlimited posted sales of 12,332 units, an
all-time record for the month of May and up 114 percent compared to May
2006 with 5,754 units. The Jeep Patriot also continued its momentum and
finished May with sales of 4,504 units, up 55 percent from April 2007. The
vehicle is one of Chrysler Group's recently introduced models that achieve
30 miles per gallon or better in highway driving.
The Chrysler Sebring Convertible posted sales of 3,082 units in the
second month of availability of the 2008 model, an increase of 113 percent
over April 2007. The redesigned model offers what no other convertible has
offered before -- three automatically latching convertible top options:
vinyl, cloth and a body-color painted steel retractable hard top, all of
which can be retracted with a push of a button on the key fob.
Sales of the Dodge brand increased in May by 3 percent, fueled by
strong demand for the Dodge Ram pick up truck. The model finished May with
sales of 31,327 units, up 6 percent year-over-year in a highly competitive
segment and on the heels of four already very successful months in 2007.
"As our strong car sales in May demonstrate, the recently launched
'Maximize Your Miles' program resonates well with customers and will be
continued in June," said Michael Keegan, Vice President - Volume Planning
and Sales Operations. "Facing continued pressure on gas prices, the program
communicates Chrysler Group's fuel economy message across all three of our
brands and offers customers a great value package based on low-rate
financing plus additional bonus cash."
Chrysler Group finished the month with 479,501 units of inventory, or a
63-day supply. Inventory is down by 19 percent compared to May 2006 when it
was at 592,486 units.
SOURCE Chrysler Group
-- Dodge brand gains 3 percent
-- Chrysler brand car sales rise 22 percent fueled by "Maximize Your Miles"
program
-- Strong retail sales in May, fleet sales down
-- Jeep Wrangler increases 114 percent, record month of May
-- Inventory down by 19 percent and more than 110,000 units
AUBURN HILLS, Mich., June 1 /PRNewswire-FirstCall/ -- Chrysler Group
reported sales for May 2007 of 199,393 units; up 4 percent compared to May
2006 with 191,261. All sales figures are reported unadjusted.
"Chrysler Group increased overall sales in May based on a strong retail
performance and while fleet sales were down," said Darryl Jackson, Vice
President -- U.S. Sales. "Especially our new offerings in the car segment
continued to gain momentum, supported by the fuel economy message of our
'Maximize Your Miles' program. Driven by models like the Chrysler Sebring,
Dodge Avenger and Dodge Caliber, the company's car sales increased 15
percent over the previous year."
Chrysler brand car sales in May were up 22 percent year-over-year,
while Dodge brand car sales increased 11 percent. Chrysler Group's
offerings in the car segment include the Chrysler Sebring Sedan and Sebring
Convertible, the Chrysler 300, the Dodge Avenger, Dodge Caliber and Dodge
Charger.
Jeep brand sales continued to increase in May after an already strong
April and posted a gain of 20 percent over the previous year. This result
was driven by the continuously strong Jeep Wrangler and the Jeep Patriot.
Jeep Wrangler and Wrangler Unlimited posted sales of 12,332 units, an
all-time record for the month of May and up 114 percent compared to May
2006 with 5,754 units. The Jeep Patriot also continued its momentum and
finished May with sales of 4,504 units, up 55 percent from April 2007. The
vehicle is one of Chrysler Group's recently introduced models that achieve
30 miles per gallon or better in highway driving.
The Chrysler Sebring Convertible posted sales of 3,082 units in the
second month of availability of the 2008 model, an increase of 113 percent
over April 2007. The redesigned model offers what no other convertible has
offered before -- three automatically latching convertible top options:
vinyl, cloth and a body-color painted steel retractable hard top, all of
which can be retracted with a push of a button on the key fob.
Sales of the Dodge brand increased in May by 3 percent, fueled by
strong demand for the Dodge Ram pick up truck. The model finished May with
sales of 31,327 units, up 6 percent year-over-year in a highly competitive
segment and on the heels of four already very successful months in 2007.
"As our strong car sales in May demonstrate, the recently launched
'Maximize Your Miles' program resonates well with customers and will be
continued in June," said Michael Keegan, Vice President - Volume Planning
and Sales Operations. "Facing continued pressure on gas prices, the program
communicates Chrysler Group's fuel economy message across all three of our
brands and offers customers a great value package based on low-rate
financing plus additional bonus cash."
Chrysler Group finished the month with 479,501 units of inventory, or a
63-day supply. Inventory is down by 19 percent compared to May 2006 when it
was at 592,486 units.
Code:
DaimlerChrysler Corporation U.S. Sales Summary Thru May 2007
Month Sales DR % Vol %
Model Curr Yr Pr Yr Change Change
Sebring 10,304 6,968 42% 48%
300 11,687 11,859 -5% -1%
Crossfire 1,517 754 93% 101%
PT Cruiser 10,059 12,056 -20% -17%
Aspen 1,724 0 0% 0%
Pacifica 3,487 6,717 -50% -48%
Town & Country 14,379 17,326 -20% -17%
CHRYSLER BRAND 53,157 55,680 -8% -5%
Compass 3,735 0 0% 0%
Patriot 4,504 0 0% 0%
Wrangler 12,332 5,754 106% 114%
Liberty 7,654 12,603 -42% -39%
Grand Cherokee 9,101 11,110 -21% -18%
Commander 5,544 6,138 -13% -10%
JEEP BRAND 42,870 35,605 16% 20%
Neon 0 1,553 -100% -100%
Caliber 12,052 12,422 -7% -3%
Stratus 309 6,188 -95% -95%
Avenger 8,638 0 0% 0%
Charger 13,463 10,725 21% 26%
Viper 27 127 -80% -79%
Magnum 2,651 2,563 -1% 3%
Dakota 4,838 6,749 -31% -28%
Ram P/U 31,327 29,599 2% 6%
Caravan 18,236 22,685 -23% -20%
Durango 4,364 5,353 -22% -18%
Nitro 6,110 0 0% 0%
Sprinter 1,351 2,012 -35% -33%
DODGE BRAND 103,366 99,976 -1% 3%
TOTAL CHRYSLER GROUP 199,393 191,261 0% 4%
TOTAL CG CAR 59,970 51,968 11% 15%
TOTAL CG TRUCK 139,423 139,293 -4% 0%
Selling Days 26 25
Sales CYTD DR % Vol %
Model Curr Yr Pr Yr Change Change
Sebring 38,797 41,340 -7% -6%
300 51,199 63,995 -21% -20%
Crossfire 4,544 4,857 -7% -6%
PT Cruiser 43,145 55,460 -23% -22%
Aspen 10,932 0 0% 0%
Pacifica 28,502 35,952 -21% -21%
Town & Country 66,951 68,943 -4% -3%
CHRYSLER BRAND 244,070 270,547 -10% -10%
Compass 18,812 0 0% 0%
Patriot 10,336 0 0% 0%
Wrangler 54,699 29,591 83% 85%
Liberty 41,560 57,951 -29% -28%
Grand Cherokee 49,493 62,183 -21% -20%
Commander 27,642 30,716 -11% -10%
JEEP BRAND 202,542 180,441 11% 12%
Neon 0 15,533 -100% -100%
Caliber 48,564 31,596 52% 54%
Stratus 1,478 47,786 -97% -97%
Avenger 32,367 0 0% 0%
Charger 54,443 49,295 10% 10%
Viper 227 637 -65% -64%
Magnum 13,465 19,732 -32% -32%
Dakota 24,343 33,377 -28% -27%
Ram P/U 154,143 150,799 1% 2%
Caravan 94,220 103,876 -10% -9%
Durango 23,628 31,505 -26% -25%
Nitro 31,444 0 0% 0%
Sprinter 4,812 8,476 -44% -43%
DODGE BRAND 483,134 492,612 -3% -2%
TOTAL CHRYSLER GROUP 929,746 943,600 -2% -1%
TOTAL CG CAR 237,721 260,788 -10% -9%
TOTAL CG TRUCK 692,025 682,812 1% 1%
Selling Days 127 126
CL Community Team
Joined: Oct 2002
Posts: 30,270
Likes: 348
From: Canada
Volkswagen Reports May 2007 Sales
01 June 2007
AUBURN HILLS, Mich. — Volkswagen of America, Inc. today announced May 2007 sales of 22,325 vehicles, an increase of one percent over May 2006 unit sales of 22,100.
May 2007 reflects the best sales month ever for the retractable hardtop convertible Eos, and the best Rabbit sales month since re-launch in June 2006. For the Volkswagen brand overall, May 2007 represents the highest monthly sales volume since September 2006.
Founded in 1955, Volkswagen of America, Inc. is headquartered in Auburn Hills, Michigan. It is a subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany. Volkswagen is one of the world’s largest producers of passenger cars and Europe’s largest automaker. Volkswagen sells the Rabbit, New Beetle, New Beetle convertible, GTI, Jetta, GLI, Passat, Passat wagon, Eos, and Touareg through approximately 600 independent U.S. dealers.
DETAILS : CLICK HERE
.
AUBURN HILLS, Mich. — Volkswagen of America, Inc. today announced May 2007 sales of 22,325 vehicles, an increase of one percent over May 2006 unit sales of 22,100.
May 2007 reflects the best sales month ever for the retractable hardtop convertible Eos, and the best Rabbit sales month since re-launch in June 2006. For the Volkswagen brand overall, May 2007 represents the highest monthly sales volume since September 2006.
Founded in 1955, Volkswagen of America, Inc. is headquartered in Auburn Hills, Michigan. It is a subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany. Volkswagen is one of the world’s largest producers of passenger cars and Europe’s largest automaker. Volkswagen sells the Rabbit, New Beetle, New Beetle convertible, GTI, Jetta, GLI, Passat, Passat wagon, Eos, and Touareg through approximately 600 independent U.S. dealers.
DETAILS : CLICK HERE
.
CL Community Team
Joined: Oct 2002
Posts: 30,270
Likes: 348
From: Canada
General Motors
FOR RELEASE: 2007-06-01
GM Reports 375,682 May Deliveries
(Monthly comparison percentages are adjusted for sales days unless noted. Annual and calendar-year-to-date comparisons are unadjusted.)
Total Sales Up 4.7 Percent; Retail Sales Up 8.5 Percent
Retail Sales of Full-Size Pickups Up 14 Percent, Led by the New Silverado and Sierra
GMC Acadia, Saturn OUTLOOK and Buick Enclave Achieve Industry Mid-Crossover Segment Leadership with a 415 Percent Retail Sales Increase
Chevrolet Impala, Pontiac G6 and Saturn AURA Drive 31 Percent Retail Sales Increase For Mid-Car Segment
Saturn Leads Divisions with a 69 Percent Sales Increase
DETROIT - GM dealers in the United States delivered 375,682 vehicles in May, up 4.7 percent compared with year-ago monthly sales. On an unadjusted basis, sales were up 8.8 percent. GM's May retail sales of 279,731 were up 8.5 percent. On an unadjusted basis, retail sales were up 12.8 percent compared with a year ago.
May sales reflected the continuing strength of GM's new product portfolio. Increased sales of Chevrolet Impala and Saturn AURA as well as the new industry leading mid-size crossovers GMC Acadia, Saturn OUTLOOK and Buick Enclave demonstrate GM's strong positioning in the marketplace for fuel-efficient and alternative fuel (E-85) vehicles. The Chevrolet Silverado and GMC Sierra full-size pickup trucks - fuel efficiency leaders in their class - pushed GM's large pickup segment sales up 10 percent in total and 14 percent retail compared with May 2006.
Divisions with retail sales increases for the month included Saturn (up 59 percent), GMC (up 18 percent) and Pontiac (up 8 percent). Additionally, Chevrolet was again the sales leader in the industry (up 5 percent).
"Our May results were extremely positive as we saw strong total and retail sales increases. Our significant market share gains in full-size trucks and crossovers validates the decision we made to invest in industry-leading fuel economy in these important segments," said Mark LaNeve, vice president, GM North American Sales, Service and Marketing. "We are particularly pleased with the Chevrolet Silverado and GMC Sierra pickups, which pushed our full-size truck sales up more than 10 percent for the month. As with many of our vehicles, these great all-new trucks offer what the customer is looking for - best-in-class fuel economy, terrific performance and tremendous value. And our newest entry to the crossover segment, the Buick Enclave, is performing ahead of our expectations. Dealers are selling them as soon as they arrive from the plant. Our mid-size crossover segment performance, including the GMC Acadia and Saturn OUTLOOK, continues to grow at a blistering pace."
The product renaissance at Saturn continued to accelerate with total sales increasing almost 69 percent compared with a year ago, highlighting the tremendous public acceptance of the new lineup of Saturn vehicles including SKY, AURA and AURA Hybrid, OUTLOOK, VUE and VUE Hybrid. Saturn's ION small car is soon to be replaced with the popular ASTRA. Saturn is the fastest growing brand in the industry this year.
Chevrolet Aveo, Cobalt, Malibu, Impala, HHR, Silverado, Suburban, and Avalanche; Pontiac G6 and Solstice; Saturn SKY and VUE; Saab 9-3, GMC Sierra and Yukon XL; Buick Lucerne; Cadillac SRX, Escalade ESV and Escalade EXT; and HUMMER H3 all had May retail sales increases compared with a year ago. Pontiac G5, Saturn AURA and OUTLOOK, GMC Acadia and the Buick Enclave are newly offered products and continue to contribute retail sales momentum.
The GMC Acadia, Saturn OUTLOOK and Buick Enclave had retail sales of more than 12,800 vehicles, pushing a significant retail increase in GM's mid-crossover segment. GM's total sales of more than 16,600 vehicles in this segment pushed monthly performance up more than 211 percent, compared with the same month last year.
"We're seeing positive results, including increased residual values for our products, as a result of staying aligned and disciplined to our North American turnaround and market growth plans. For customers, this means providing industry-leading products in terms of design, segment fuel economy, warranty coverage and performance," LaNeve added. "This translates to a beneficial cost of ownership experience. With new products such as the Cadillac CTS and Chevrolet Malibu coming to dealer showrooms later this year, we expect to build on this customer enthusiasm."
Certified Used Vehicles
May 2007 sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saturn Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 45,892 units, up 3 percent from last May. Total year-to-date certified GM sales are 227,365 units, up 3 percent from the same period last year.
GM Certified Used Vehicles, the industry's top-selling manufacturer-certified used brand, posted 40,306 sales, up nearly 5 percent from last May. Year-to-date sales for GM Certified Used Vehicles are 199,715 units, up 4 percent from the same period in 2006.
Cadillac Certified Pre-Owned Vehicles posted May sales of 3,102 units, down 6 percent from last May. Saturn Certified Pre-Owned Vehicles sold 1,603 units in May, down 13 percent. Saab Certified Pre-Owned Vehicles sold 797 units, comparable to last May, and HUMMER Certified Pre-Owned Vehicles sold 84 units, down 6 percent.
"GM Certified Used Vehicles, the industry's top-selling certified brand, had another category-leading performance with sales of 40,306 units, up nearly 5 percent," said LaNeve. "GM Certified also set a new all-time high with year-to-date sales through May of 199,715 units, up 4 percent from its 2006 segment record performance for the same period."
GM North America Reports May Production, 2007 Second-Quarter Production Forecast Unchanged at 1.145 Million Vehicles, 2007 Third-Quarter Production Forecast Set at 1.075 Million Vehicles
In May, GM North America produced 401,000 vehicles (139,000 cars and 262,000 trucks). This is down 25,000 units or 6 percent compared to May 2006 when the region produced 425,000 vehicles (158,000 cars and 267,000 trucks). (Production totals include joint venture production of 18,000 vehicles in May 2007 and 24,000 vehicles in May 2006.)
The region's 2007 second-quarter production forecast is unchanged at 1.145 million vehicles (403,000 cars and 742,000 trucks). Additionally, the region's initial 2007 third-quarter production forecast is set at 1.075 million vehicles (377,000 cars and 698,000 trucks), up 2 percent from third-quarter 2006 actuals.
GM also announced revised 2007 second-quarter and initial 2007 third-quarter production forecast for its international regions.
GM Europe - The region's 2007 second-quarter production forecast is revised at 468,000 vehicles, down 5,000 units from last month's guidance. In the second-quarter of 2006 the region built 495,000 vehicles. The region's initial 2007 third-quarter production forecast is set at 389,000 vehicles. In the third-quarter of 2006 the region built 374,000 vehicles.
GM Asia Pacific - GM Asia Pacific's 2007 second-quarter production forecast remains unchanged at 568,000 vehicles. In the second-quarter of 2006 the region built 482,000 vehicles. The region's initial 2007 third-quarter production forecast is set at 524,000 vehicles. In the third-quarter of 2006 the region built 433,000 vehicles.
GM Latin America, Africa and the Middle East - The region's 2007 second-quarter production forecast is unchanged at 233,000 vehicles. In the second-quarter of 2006 the region built 206,000 vehicles. The region's initial 2007 third-quarter production forecast is set at 258,000 vehicles. In the third-quarter of 2006 the region built 215,000 vehicles.
General Motors Corp. (NYSE: GM), the world's largest automaker in 2006, has been the annual global industry sales leader for 76 years. Founded in 1908, GM today employs about 280,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 33 countries. In 2006, nearly 9.1 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at www.gm.com.
Note: GM sales and production results are available on GM Media OnLine at http://media.gm.com by clicking on News, then Sales/Production. In this press release and related comments by General Motors management, we use words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions to identify forward-looking statements, representing our current judgment about possible future events. We believe these judgments are reasonable, but actual results may differ materially due to a variety of important factors. Among other items, such factors might include: the pace of introductions and market acceptance of new products; the effect of competition on our markets and significant changes in the competitive environment; price increases or shortages of fuel; and changes in laws, regulations or tax rates. GM's most recent annual report on Form 10-K and quarterly report on Form 10-Q provide information about these factors, which may be revised or supplemented in future reports to the SEC on Form 10-Q or 8-K.
More details : CLICK HERE
.
GM Reports 375,682 May Deliveries
(Monthly comparison percentages are adjusted for sales days unless noted. Annual and calendar-year-to-date comparisons are unadjusted.)
Total Sales Up 4.7 Percent; Retail Sales Up 8.5 Percent
Retail Sales of Full-Size Pickups Up 14 Percent, Led by the New Silverado and Sierra
GMC Acadia, Saturn OUTLOOK and Buick Enclave Achieve Industry Mid-Crossover Segment Leadership with a 415 Percent Retail Sales Increase
Chevrolet Impala, Pontiac G6 and Saturn AURA Drive 31 Percent Retail Sales Increase For Mid-Car Segment
Saturn Leads Divisions with a 69 Percent Sales Increase
DETROIT - GM dealers in the United States delivered 375,682 vehicles in May, up 4.7 percent compared with year-ago monthly sales. On an unadjusted basis, sales were up 8.8 percent. GM's May retail sales of 279,731 were up 8.5 percent. On an unadjusted basis, retail sales were up 12.8 percent compared with a year ago.
May sales reflected the continuing strength of GM's new product portfolio. Increased sales of Chevrolet Impala and Saturn AURA as well as the new industry leading mid-size crossovers GMC Acadia, Saturn OUTLOOK and Buick Enclave demonstrate GM's strong positioning in the marketplace for fuel-efficient and alternative fuel (E-85) vehicles. The Chevrolet Silverado and GMC Sierra full-size pickup trucks - fuel efficiency leaders in their class - pushed GM's large pickup segment sales up 10 percent in total and 14 percent retail compared with May 2006.
Divisions with retail sales increases for the month included Saturn (up 59 percent), GMC (up 18 percent) and Pontiac (up 8 percent). Additionally, Chevrolet was again the sales leader in the industry (up 5 percent).
"Our May results were extremely positive as we saw strong total and retail sales increases. Our significant market share gains in full-size trucks and crossovers validates the decision we made to invest in industry-leading fuel economy in these important segments," said Mark LaNeve, vice president, GM North American Sales, Service and Marketing. "We are particularly pleased with the Chevrolet Silverado and GMC Sierra pickups, which pushed our full-size truck sales up more than 10 percent for the month. As with many of our vehicles, these great all-new trucks offer what the customer is looking for - best-in-class fuel economy, terrific performance and tremendous value. And our newest entry to the crossover segment, the Buick Enclave, is performing ahead of our expectations. Dealers are selling them as soon as they arrive from the plant. Our mid-size crossover segment performance, including the GMC Acadia and Saturn OUTLOOK, continues to grow at a blistering pace."
The product renaissance at Saturn continued to accelerate with total sales increasing almost 69 percent compared with a year ago, highlighting the tremendous public acceptance of the new lineup of Saturn vehicles including SKY, AURA and AURA Hybrid, OUTLOOK, VUE and VUE Hybrid. Saturn's ION small car is soon to be replaced with the popular ASTRA. Saturn is the fastest growing brand in the industry this year.
Chevrolet Aveo, Cobalt, Malibu, Impala, HHR, Silverado, Suburban, and Avalanche; Pontiac G6 and Solstice; Saturn SKY and VUE; Saab 9-3, GMC Sierra and Yukon XL; Buick Lucerne; Cadillac SRX, Escalade ESV and Escalade EXT; and HUMMER H3 all had May retail sales increases compared with a year ago. Pontiac G5, Saturn AURA and OUTLOOK, GMC Acadia and the Buick Enclave are newly offered products and continue to contribute retail sales momentum.
The GMC Acadia, Saturn OUTLOOK and Buick Enclave had retail sales of more than 12,800 vehicles, pushing a significant retail increase in GM's mid-crossover segment. GM's total sales of more than 16,600 vehicles in this segment pushed monthly performance up more than 211 percent, compared with the same month last year.
"We're seeing positive results, including increased residual values for our products, as a result of staying aligned and disciplined to our North American turnaround and market growth plans. For customers, this means providing industry-leading products in terms of design, segment fuel economy, warranty coverage and performance," LaNeve added. "This translates to a beneficial cost of ownership experience. With new products such as the Cadillac CTS and Chevrolet Malibu coming to dealer showrooms later this year, we expect to build on this customer enthusiasm."
Certified Used Vehicles
May 2007 sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saturn Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 45,892 units, up 3 percent from last May. Total year-to-date certified GM sales are 227,365 units, up 3 percent from the same period last year.
GM Certified Used Vehicles, the industry's top-selling manufacturer-certified used brand, posted 40,306 sales, up nearly 5 percent from last May. Year-to-date sales for GM Certified Used Vehicles are 199,715 units, up 4 percent from the same period in 2006.
Cadillac Certified Pre-Owned Vehicles posted May sales of 3,102 units, down 6 percent from last May. Saturn Certified Pre-Owned Vehicles sold 1,603 units in May, down 13 percent. Saab Certified Pre-Owned Vehicles sold 797 units, comparable to last May, and HUMMER Certified Pre-Owned Vehicles sold 84 units, down 6 percent.
"GM Certified Used Vehicles, the industry's top-selling certified brand, had another category-leading performance with sales of 40,306 units, up nearly 5 percent," said LaNeve. "GM Certified also set a new all-time high with year-to-date sales through May of 199,715 units, up 4 percent from its 2006 segment record performance for the same period."
GM North America Reports May Production, 2007 Second-Quarter Production Forecast Unchanged at 1.145 Million Vehicles, 2007 Third-Quarter Production Forecast Set at 1.075 Million Vehicles
In May, GM North America produced 401,000 vehicles (139,000 cars and 262,000 trucks). This is down 25,000 units or 6 percent compared to May 2006 when the region produced 425,000 vehicles (158,000 cars and 267,000 trucks). (Production totals include joint venture production of 18,000 vehicles in May 2007 and 24,000 vehicles in May 2006.)
The region's 2007 second-quarter production forecast is unchanged at 1.145 million vehicles (403,000 cars and 742,000 trucks). Additionally, the region's initial 2007 third-quarter production forecast is set at 1.075 million vehicles (377,000 cars and 698,000 trucks), up 2 percent from third-quarter 2006 actuals.
GM also announced revised 2007 second-quarter and initial 2007 third-quarter production forecast for its international regions.
GM Europe - The region's 2007 second-quarter production forecast is revised at 468,000 vehicles, down 5,000 units from last month's guidance. In the second-quarter of 2006 the region built 495,000 vehicles. The region's initial 2007 third-quarter production forecast is set at 389,000 vehicles. In the third-quarter of 2006 the region built 374,000 vehicles.
GM Asia Pacific - GM Asia Pacific's 2007 second-quarter production forecast remains unchanged at 568,000 vehicles. In the second-quarter of 2006 the region built 482,000 vehicles. The region's initial 2007 third-quarter production forecast is set at 524,000 vehicles. In the third-quarter of 2006 the region built 433,000 vehicles.
GM Latin America, Africa and the Middle East - The region's 2007 second-quarter production forecast is unchanged at 233,000 vehicles. In the second-quarter of 2006 the region built 206,000 vehicles. The region's initial 2007 third-quarter production forecast is set at 258,000 vehicles. In the third-quarter of 2006 the region built 215,000 vehicles.
General Motors Corp. (NYSE: GM), the world's largest automaker in 2006, has been the annual global industry sales leader for 76 years. Founded in 1908, GM today employs about 280,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 33 countries. In 2006, nearly 9.1 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at www.gm.com.
Note: GM sales and production results are available on GM Media OnLine at http://media.gm.com by clicking on News, then Sales/Production. In this press release and related comments by General Motors management, we use words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions to identify forward-looking statements, representing our current judgment about possible future events. We believe these judgments are reasonable, but actual results may differ materially due to a variety of important factors. Among other items, such factors might include: the pace of introductions and market acceptance of new products; the effect of competition on our markets and significant changes in the competitive environment; price increases or shortages of fuel; and changes in laws, regulations or tax rates. GM's most recent annual report on Form 10-K and quarterly report on Form 10-Q provide information about these factors, which may be revised or supplemented in future reports to the SEC on Form 10-Q or 8-K.
More details : CLICK HERE
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CL Community Team
Joined: Oct 2002
Posts: 30,270
Likes: 348
From: Canada
Suzuki
Suzuki Sets All-Time May Sales Record
BREA, Calif.--American Suzuki Motor Corporation (ASMC) today announced sales of 10,190 automobiles in May, an increase of 1 percent over May 2006 and the best May sales in company history. Year-to-date sales for 2007 now stand at 47,163 units; for all of 2006, Suzuki sold 100,990 vehicles – the first time in its 22-year history the automaker enjoyed automobile sales of more than 100,000.
ASMC’s impressive month was led by the sales growth of its midsize crossover SUV, the XL7, which sold 2,161 units, an impressive 58 percent increase over last year. Sales of the media-acclaimed Grand Vitara also helped propel the company’s strong May results, which are anticipated to continue well into the summer driving season and beyond due to a string of new product introductions on the horizon. Last month, Suzuki unveiled the next addition to its expanding product line, the all-new 2008 SX4 sedan – introduced during the New York International Auto Show. The SX4 sedan goes on sale in Suzuki dealerships nationwide this fall.
“American Suzuki’s record-setting May, which follows our company’s best first quarter ever, demonstrates Suzuki’s continued sales momentum in a highly competitive automotive market,” said Mark Harano, president of American Suzuki Automotive Operations. “With our current line of spirited Suzuki vehicles and the excitement surrounding the arrival of the Suzuki SX4 sedan in dealerships this fall, we believe we are laying the foundation for even more growth in the future.”
American Suzuki’s product line includes the all-new XL7 midsize crossover SUV, the all-wheel drive SX4 compact sport crossover, the media-acclaimed Grand Vitara, the popular Forenza sedan and Forenza Wagon, the five-door Reno and the Aerio sedan.
In addition to its strong vehicle offering, Suzuki vehicles feature America’s #1 Warranty with an industry-leading 100,000-mile/seven-year, zero deductible, fully-transferable limited powertrain warranty.
More details : CLICK HERE
BREA, Calif.--American Suzuki Motor Corporation (ASMC) today announced sales of 10,190 automobiles in May, an increase of 1 percent over May 2006 and the best May sales in company history. Year-to-date sales for 2007 now stand at 47,163 units; for all of 2006, Suzuki sold 100,990 vehicles – the first time in its 22-year history the automaker enjoyed automobile sales of more than 100,000.
ASMC’s impressive month was led by the sales growth of its midsize crossover SUV, the XL7, which sold 2,161 units, an impressive 58 percent increase over last year. Sales of the media-acclaimed Grand Vitara also helped propel the company’s strong May results, which are anticipated to continue well into the summer driving season and beyond due to a string of new product introductions on the horizon. Last month, Suzuki unveiled the next addition to its expanding product line, the all-new 2008 SX4 sedan – introduced during the New York International Auto Show. The SX4 sedan goes on sale in Suzuki dealerships nationwide this fall.
“American Suzuki’s record-setting May, which follows our company’s best first quarter ever, demonstrates Suzuki’s continued sales momentum in a highly competitive automotive market,” said Mark Harano, president of American Suzuki Automotive Operations. “With our current line of spirited Suzuki vehicles and the excitement surrounding the arrival of the Suzuki SX4 sedan in dealerships this fall, we believe we are laying the foundation for even more growth in the future.”
American Suzuki’s product line includes the all-new XL7 midsize crossover SUV, the all-wheel drive SX4 compact sport crossover, the media-acclaimed Grand Vitara, the popular Forenza sedan and Forenza Wagon, the five-door Reno and the Aerio sedan.
In addition to its strong vehicle offering, Suzuki vehicles feature America’s #1 Warranty with an industry-leading 100,000-mile/seven-year, zero deductible, fully-transferable limited powertrain warranty.
More details : CLICK HERE
CL Community Team
Joined: Oct 2002
Posts: 30,270
Likes: 348
From: Canada
May 2007 Top 20 Selling Vehicles Scorecard
Chicago, June 1, 2007;
Reuters compiled a list of the 20 top-selling vehicles in the U.S. through May of 2007 as reported by the automakers and ranked by total units.
Reuters compiled a list of the 20 top-selling vehicles in the U.S. through May of 2007 as reported by the automakers and ranked by total units.
Code:
May 07 RANK VEHICLE 2007 2006 '06 RANK %Chng 1 Ford F-Series P/U 290,282 334,725 1 -13.3 2 Chevy Silverado-C/K P/U 265,941 258,378 2 +2.9 3 Toyota Camry 193,900 177,090 3 +9.5 4 Toyota Corolla 165,722 159,992 6 +3.6 5 Dodge Ram P/U 154,143 150,799 4 +2.2 6 Honda Accord 153,431 145,529 5 +5.4 7 Chevrolet Impala 144,541 114,014 13 +26.8 8 Honda Civic 137,288 138,744 7 -1.0 9 Nissan Altima 114,318 102,785 9 +11.2 10 Dodge Caravan 94,220 103,876 12 -9.3 11 Honda CR-V 84,464 59,660 +41.6 12 GMC Sierra P/U 84,106 80,957 10 +3.9 13 Ford Eco'ine/Club Wagon 80,641 74,876 21 +7.7 14 Chevrolet Cobalt 79,257 93,023 15 -14.8 15 Ford Focus 77,732 80,559 17 -3.5 16 Toyota Prius 76,747 38,460 33 +99.6 17 Ford Escape 73,058 74,978 22 -2.6 18 Toyota-RAV4 72,447 61,811 35 +17.2 19 Chrysler Town & Country 66,951 68,943 19 -2.9 20 Ford Fusion 66,260 57,398 34 +15.4
Some amazing numbers in that top 20 list.
Corolla at #4, Prius at #16, and Rav4 at #18 are amazing! Way to go Toyota.
Chevy Impala at #7 was a surprise to me.
Whatever many on CL think of the Altima, #9 is IMPRESSIVE!
Wow...
Corolla at #4, Prius at #16, and Rav4 at #18 are amazing! Way to go Toyota.
Chevy Impala at #7 was a surprise to me.
Whatever many on CL think of the Altima, #9 is IMPRESSIVE!
Wow...
Pole Position
Joined: Oct 2005
Posts: 303
Likes: 0
From: CA
What does public incentives have to do with private fleet sales? Toyota fleet sales have only been rising.
Pole Position
Joined: Oct 2005
Posts: 303
Likes: 0
From: CA
Interesting Civic and Fit sales numbers. Honda started back in February to move production of the Pilot from Ontario to Alabama and started manufacturing Civic sedans in Ontario for the first time in April. They also are increasing the production of the Mexico plant to 50k units and will switch it from Accords to CR-V this fall (I wonder how this will affect supplies of the new Accord when it comes out this fall). So as Honda increased production of the Civic, it sets an all-time best-ever sales record. And as Civic production is expanded else where, Fit production is also given room to expand a little more and also sets an all-time best-ever sales record. I don't know what else could possibly say that previous sales of the Civic were MOSTLY (not only) production limited. At the same time, Honda is in the process of building a brand-new plant which will also be manufacturing Civics. Why would Honda continually expand Civic production and build new plants for a car that some people refer to as 'failing'? Does not make sense.
Lexus Champion
Joined: Dec 2002
Posts: 2,854
Likes: 0
From: IL
Interesting Civic and Fit sales numbers. Honda started back in February to move production of the Pilot from Ontario to Alabama and started manufacturing Civic sedans in Ontario for the first time in April. They also are increasing the production of the Mexico plant to 50k units and will switch it from Accords to CR-V this fall (I wonder how this will affect supplies of the new Accord when it comes out this fall). So as Honda increased production of the Civic, it sets an all-time best-ever sales record. And as Civic production is expanded else where, Fit production is also given room to expand a little more and also sets an all-time best-ever sales record. I don't know what else could possibly say that previous sales of the Civic were MOSTLY (not only) production limited. At the same time, Honda is in the process of building a brand-new plant which will also be manufacturing Civics. Why would Honda continually expand Civic production and build new plants for a car that some people refer to as 'failing'? Does not make sense.
Lexus Fanatic
Joined: Jan 2005
Posts: 7,285
Likes: 0
From: A better place
As for incentives, Toyota has been criticized and accused of fueling it's growth through increased incentives. The facts of course say otherwise. For the past few months now, Honda has had greater average incentives than Toyota, yet Honda is not given the same criticism as Toyota.
As for Civic sales, I will point you to this thread:
https://www.clublexus.com/forums/sho...es+cooling+off
The topic of Civic sales has been discussed many times now, and the fact is North American sales for the Civic have been down for a few months now (excluding May sales).
Maybe Civic demand is up overseas, or maybe Honda is adding production of the Civic at certain plants simply to open up production capacity for other models. Either way, it doesn't change the fact that sales of the Civic in North America have been rather cool.
Pole Position
Joined: Oct 2005
Posts: 303
Likes: 0
From: CA
Do you have any solid proof of that? Toyota has publicly stated that they would not allow their fleet sales to rise above 10% of total sales, and so far that seems to be the case.
As for incentives, Toyota has been criticized and accused of fueling it's growth through increased incentives. The facts of course say otherwise. For the past few months now, Honda has had greater average incentives than Toyota, yet Honda is not given the same criticism as Toyota.
As for Civic sales, I will point you to this thread:
https://www.clublexus.com/forums/sho...es+cooling+off
The topic of Civic sales has been discussed many times now, and the fact is North American sales for the Civic have been down for a few months now (excluding May sales).
Maybe Civic demand is up overseas, or maybe Honda is adding production of the Civic at certain plants simply to open up production capacity for other models. Either way, it doesn't change the fact that sales of the Civic in North America have been rather cool.
As for incentives, Toyota has been criticized and accused of fueling it's growth through increased incentives. The facts of course say otherwise. For the past few months now, Honda has had greater average incentives than Toyota, yet Honda is not given the same criticism as Toyota.
As for Civic sales, I will point you to this thread:
https://www.clublexus.com/forums/sho...es+cooling+off
The topic of Civic sales has been discussed many times now, and the fact is North American sales for the Civic have been down for a few months now (excluding May sales).
Maybe Civic demand is up overseas, or maybe Honda is adding production of the Civic at certain plants simply to open up production capacity for other models. Either way, it doesn't change the fact that sales of the Civic in North America have been rather cool.
Yes, for the past few months or so Toyota incentives have been lower than Honda. However, a few months does not equal a trend. And it certainly does not equal the YEARS of lower incentives Honda had versus Toyota. This is why Honda is not criticized for its current incentives.
Yes, Civic sales have been down, but like I said, limited production capability was the main reason, not the only reason. Like you pointed out in the previous thread, most of the dealerships believe that the increased push on the Accord is ONE of the reasons for the slow in sales. Afterall, look at Accord sales lately, it has been skyrocketing and it is in the last few months of its life. However, like I already said, production limitations is the biggest reason for why the Civic sales decreased for the past few month. The article even refers to this when it says dealers want more base and high-end models.
The Civic, CR-V and I believe Fit are all built in the same plant. You only need to look at sales numbers of the CR-V to understand that Honda clearly focused more of its resources on building the more profitable CR-V. Also, is it just a coincidence that Civic sales dropped around the time the CR-V began production? Like I said, limited production capability.
Okay lets do this again. Honda increased production of the Civic and Fit during the month of April. For the month of May, there was no MMC, FMC, huge incentives or any other sort of great deal available on either car. Yet, both cars set ALL-TIME sales records. So as Honda increases production, record sales are hit. This is not an assumption, this is a fact. So please, if you have solid proof otherwise, please prove me wrong. The thread you referred me to only proved my point even more. Thanks.
Please, no assumptions, just facts. Also, you didn't answer my question. What does public incentives have to do with fleet sales. Am I missing something here?
Lead Lap
Joined: Feb 2006
Posts: 452
Likes: 0
From: CA
The Corolla's design is about 6 years old and it still sells that well? Amazing. They hardly changed anything since the 2002 model was introduced. At this rate, they can let BMW's Bangle design the new Corolla and it'll still sell, maybe even at a record-breaking pace.