November 2009 Vehicles Sales
November U.S. car sales could signal hopes for rebound
Nov. 30, 2009 By Shawn Langlois, MarketWatch SAN FRANCISCO (MarketWatch) -- The automobile manufacturers will post November U.S. sales results Tuesday, and, while the month is traditionally one of the worst of the year, there could be some signs this time around that the industry is on the mend. In fact, a stable retail environment and improved fleet business is expected to bring the seasonally adjusted annualized sales rate (SAAR) up to 10.2 million from 10.1 million a year ago, according to J.D. Power and Associates. There were two more selling days in November 2008, so, if left unadjusted, the total number of cars and trucks sold is still expected to decline from a year ago. The two-day difference would account for about an 8% drop in this year's results. "As expected, the recovery has been slow, but is progressing," J.D. Power analyst Jeff Schuster said. "Transaction prices are at their highest levels in years, indicating a healthier close for the fourth quarter." Despite the silver lining, a recent Edmunds.com survey showed only Hyundai Motor Co. /quotes/comstock/11i!hymlf (HYMLF 66.60, -66.60, -50.00%) as expected to report year-over-year gains on an unadjusted basis. Ford Motor Co. /quotes/comstock/13*!f/quotes/nls/f (F 8.86, +0.13, +1.49%) is seen as the best-performing U.S. car company, with only a fractional decline for November. Ford continues to reap the benefits of a strong lineup of new cars and trucks as well as the goodwill it earned from avoiding bankruptcy and declining a federal bailout. Chrysler, on the other hand, will like show its monthly sales numbers cut by a third from a year earlier as the struggling company works to overhaul its operations and bring out new models under its partnership with Italy's Fiat. General Motors is expected to show a 1.3% decline from a year earlier. "November is living up to its reputation for being one of the worst months of the year for car sales," Edmunds.com analyst Jessica Caldwell said. But if the numbers do come in ahead of last year's results on a sales-rate basis, as expected, it would mark the only month of improvements this year, aside from the cash-for-clunkers anomaly. Vehicles flew off the lots in August when the government offered as much as $4,500 for buyers trading in their "clunkers" for newer, more-fuel-efficient cars and trucks. Still, some analysts are looking for sluggish sales to persist well into next year. Mark Oline of Fitch Ratings said earlier this week that he expects light-vehicle sales to reach 11.1 million cars and trucks next year, up slightly from 2009. "Factors precluding a stronger bounce from trough levels include high unemployment, pressured consumer discretionary spending, the lost wealth effect from lower housing prices and a higher savings rate," he said. Oline added that a spike in gas prices or another downturn in the economy could again stymie the industry's rebound. Shawn Langlois is a reporter for MarketWatch in San Francisco. |
TrueCar Forecasts November 2009 Auto Sales
Recovery in Progress, Slow and Steady SANTA MONICA, CA--(Marketwire - November 24, 2009) - TrueCar, the authority on new car pricing, forecasted today that November 2009 light vehicle sales (including fleet) in U.S. will be 749,560 units, down 11% from October and up a fraction from this time last year (on an unadjusted basis). November's forecast translates into a SAAR level of 10.9 million units. "The industry is struggling to break out of the 11 million SAAR range. The good news is that we now have two consecutive months of stable sales without Cash for Clunkers or heavy incentives spending by the manufacturers. This indicates that the fundamental consumer demand is solid and the worst is over," said Jesse Toprak, Vice President of Industry Trends at TrueCar. "We anticipate the recovery in 2010 to be somewhat slower than earlier forecasts with total sales of around 11.4 million units." TrueCar offers a comprehensive forecast that also goes deeper into the numbers, looking at unit sales and market share by manufacturer, but also shows market share by origin and sales down to the brand level. Code:
Forecasts for the top six manufacturers for November: Code:
Nov. 2009 Change vs. Change vs. SOURCE |
Nihon
Toyota, Honda Lead Increase in Japan Dec. 1 (Bloomberg) -- Toyota Motor Corp. and Honda Motor Co., Japan’s two biggest automakers, led the fourth straight increase in the nation’s monthly auto sales as government incentives boosted demand.By Makiko Kitamura Sales of cars, trucks and buses, excluding minicars, rose 36 percent to 293,410 vehicles in November from a year earlier, the Japan Automobile Dealers Association said in a statement today. Toyota sold 147,513 units, excluding Lexus-brand cars, up 39 percent. Japan’s auto sales have recovered since August on government subsidies for fuel-efficient vehicles such as Toyota’s Prius and Honda’s Insight hybrid cars. The comparison with last year is also favorable because consumer spending plummeted following the September 2008 bankruptcy of Lehman Brothers Holdings Inc. “Sales last year fell at increasingly faster rates after Lehman collapsed in September, so the year-on-year comparisons will continue to be very positive,” said Yoshiaki Kawano, a Tokyo-based analyst at auto consulting company CSM Worldwide. “Carmakers are also focusing their efforts on expanding their lineup of models eligible for the incentive programs” in Japan. November sales jumped 73 percent at Honda, while Nissan Motor Co., the nation’s third-largest automaker, sold 33 percent more vehicles. Subsidies Under a Japanese government program started in June, consumers can apply for a 250,000 yen ($2,800) subsidy if they scrap a car more than 13 years old to buy a new one, and 100,000 yen for a new car purchased without scrapping an old one. The subsidies are available retroactively for purchases from April 10. While the program is due to expire at the end of March, it’s likely that it will be extended for an extra six months, Kawano said. The government expects incentives to lead to the sale of an additional 690,000 vehicles this fiscal year. Electric, hybrid, natural-gas, and some diesel vehicles also qualify for an exemption from the country’s weight and purchase taxes. Domestic sales this fiscal year may still be the worst in three decades as Japan struggles to emerge from a recession. Wages fell for a 17th straight month in October, and the unemployment rate, while falling from July’s postwar high of 5.7 percent, remains at 5.1 percent. The Japan Automobile Manufacturers Association predicts domestic industrywide sales will drop 8.5 percent to 4.3 million vehicles in the year ending March 31. U.S. auto sales may rise in November from a year earlier for the second month in 2009. The annual rate will be 10.5 million cars and light trucks when adjusted for two fewer sales days in November 2009 compared with last year, according to the average estimate of seven analysts in a Bloomberg survey. That would be up from 10.17 million in November 2008, according to data compiled by Bloomberg. To contact the reporter on this story: Makiko Kitamura in Tokyo at mkitamura1@bloomberg.net |
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GM's China Sales
GM Sees China Market Sales Growth Slowing Corrects headline, second bullet point, first and second paragraphs to clarify the 10-15 percent sales growth forecast for 2010 is for the overall China market, not for GM's sales By Alison Leung GUANGZHOU (Reuters) - General Motors (GM.UL) expects sales growth for China's auto market to drop dramatically in 2010, as the carmaker nears the end of a year of government stimulus-fueled growth in the world's biggest car market, the head of the company's China operations said on Monday. The company expects its China sales to rise 50 percent in 2009 but expects the overall market to grow only 10 to 15 percent in 2010, Kevin Wale, president of GM's China operations, told Reuters in an interview on the sidelines of the Guangzhou Autoshow. "We've been changing the full-year forecast every month," said Wale, referring to the automaker's 2009 forecast. China's auto market has been a major bright spot this year thanks to a raft of government incentives, including aggressive cuts in sales taxes on small cars, which will expire by the end of the year. General Motors' China vehicle sales in October more than doubled from a year earlier to 166,911. The Detroit carmaker and joint ventures sold a total of 1.5 million vehicles in China from January to November. Separately, the company is considering whether to increase its investments in Association of Southeast Asian Nations countries and in India, said Wale. "We are looking to increase our performance in ASEAN and India as they are big markets and we don't have a lot of share there yet," he said. "So that's a big focus for us." Wale said last month the U.S. automaker aims to grow faster than the overall China market next year as he believed Beijing will come up with additional steps to support the industry. The company will continue to invest heavily in the country, said Wale. "We spend about a billion dollars a year (in China). We have been for the past two years and we expect to do that as we go forward." Those investments will include new products, new capacity and R&D. General Motors, which competes with Volkswagen AG (VOWG.DE) and others, planned to roll out 30 new or revamped models in China from 2009 to 2014, including 10 Buick and Chevrolet models due for launch this year and next. Shanghai GM, its flagship car venture with SAIC Motor Corp (600104.SS), sold 548,707 vehicles in the first 10 months, up 46.5 percent. SAIC-GM-Wuling, GM's commercial vehicle tie-up with SAIC and Liuzhou Wuling Automobile, sold 891,285 vehicles in the country in the first 10 months, up 65.9 percent. It also has a tie-up with FAW Group called FAW-GM Light Duty Commercial Vehicle Co. (Reporting by Alison Leung; Writing by Don Durfee; Editing by Ken Wills) |
Mercedes-Benz
Mercedes-Benz Reports November Sales of 16,797, Up 19 Percent
MONTVALE, N.J., Dec. 1 /PRNewswire/ -- Mercedes-Benz USA (MBUSA) today reported November sales of 16,797 vehicles, a 19.1% improvement over November 2008. The all-new, 9th generation E-Class, continued to show strong demand with sales of 4,824 for November 2009, up 113.1% over November 2008. The other volume leaders for the month were the C-Class and M-Class with sales of 4,022, and 2,679 respectively. On a year-to-date basis, the company sold 170,403 new vehicles, narrowing the gap versus last year to 17.4%. Separately, through the Mercedes-Benz Certified Pre-Owned (MBCPO) program, MBUSA sold 4,627 vehicles in November; a 12.9 percent decrease compared to November 2008 sales of 5,312 vehicles. Year-to-date sales for the MBCPO program are 66,788, a 15 percent increase over 2008 year-to-date sales of 58,065 vehicles. Code:
November November YTD YTD |
Daimler AG
Daimler AG Reports a Total of 17,446 Cars Sold for the Mercedes-Benz Cars Division in the U.S. for November 2009
- Mercedes-Benz USA Records November Sales of 16,797 - Improvement of 19.1% over November 2008 - smart USA Records 649 Sales in November NEW YORK, Dec. 1 /PRNewswire-FirstCall/ -- Daimler AG (stock exchange abbreviation DAI) today reported sales for the Mercedes-Benz Cars division in the U.S. (Mercedes-Benz and smart combined) of 17,446 units, an increase of 9.1 percent compared to November 2008. All sales figures in this release are on an unadjusted basis unless otherwise noted. Mercedes-Benz USA (MBUSA) today reported November sales of 16,797 vehicles, a 19.1% improvement over November 2008. The all-new, 9th generation E-Class continued to show strong demand with sales of 4,824 for November 2009, up 113.1% over November 2008. The other volume leaders for the month were the C-Class and M-Class with sales of 4,022, and 2,679 respectively. On a year-to-date basis, the company sold 170,403 new vehicles, narrowing the gap versus last year to 17.4%. Separately, through the Mercedes-Benz Certified Pre-Owned (MBCPO) program, MBUSA sold 4,627 vehicles in November; a 12.9 percent decrease compared to November 2008 sales of 5,312 vehicles. Year-to-date sales for the MBCPO program are 66,788, a 15 percent increase over 2008 year-to-date sales of 58,065 vehicles. smart USA recorded 649 sales in November 2009. Year-to-date sales now total 13,731 units. Since its introduction in the United States, there are nearly 40,000 smart fortwos traveling the roads throughout America. The smart fortwo offers the right balance of power, outstanding fuel efficiency, innovative safety features, environmental friendliness and excellent value. There are 79 smart centers located in 36 states. Code:
Mercedes-Benz Cars Division in the U.S. Sales Summary |
Ford
Cars, Crossovers Drive Ford's November Share Gain
DEARBORN, Mich., Dec. 1 /PRNewswire-FirstCall/ -- November car sales up 14 percent versus a year ago and crossovers up 26 percent; Ford, Lincoln and Mercury total U.S. sales were 118,536, essentially equal to year-ago sales November retail share higher for the 13th time in 14 months All-new Taurus sales up 54 percent versus year-ago levels Fusion, Motor Trend magazine's Car of the Year, also was up 54 percent and sets a new full-year sales record Fiesta, the company's first global 'ONE Ford' global car, debuts Wednesday at Los Angeles International Auto Show Ford announces first quarter 2010 North American production plan Strengthened car and crossover sales fueled Ford (NYSE: F), Lincoln and Mercury's U.S. sales performance in November. Car sales were up 14 percent and crossovers were up 26 percent for the month, with total sales of 118,536, essentially equal to year-ago sales. "Consumer demand for our new high-quality, fuel-efficient products is driving Ford's market share gains," said Ken Czubay, Ford vice president, U.S. Marketing Sales and Service. "Customers are rewarding Ford for its new vehicle lineup, featuring new technologies including SYNC, MyKey and Adaptive Cruise Control." Ford estimates its total market share in November was higher than a year ago and higher than its share in the first 10 months of 2009. Ford's November retail share was up for the 13(th) time in 14 months. "The Ford plan is working, led by the strength of our product lineup and customer demand for our new cars, utilities and trucks," said Czubay. "Consumers increasingly are noticing that the Ford difference is our great products, our strong business and our leadership in quality, fuel efficiency, safety, smart technologies and value." November Sales Highlights All-new Ford Taurus sales totaled 4,669, up 54 percent versus a year ago. Dealers reported retail sales were nearly double year-ago levels. Ford Fusion, recently named Motor Trend magazine's Car of the Year, also posted a sales increase of 54 percent versus year-ago levels. In early November, Fusion set a new full-year sales record. With November results now complete, Fusion year-to-date 2009 sales total 161,819. The previous full-year record, set in 2007, was 149,552. Other Ford, Lincoln and Mercury cars posting increases included Ford Focus (up 24 percent) and Mercury Milan (up 40 percent). Crossover utilities also posted strong sales increases: Ford Escape was up 51 percent and set a new November sales record; Ford Edge up 27 percent; Mercury Mariner up 5 percent. In addition, sales of the all-new Lincoln MKT crossover totaled 648, its highest sales month to date. Ford's new EcoBoost engine technology and hybrid vehicles are winning customers, too. For example, the conquest rate for the Taurus SHO is 60 percent. EcoBoost provides customers up to 20 percent improvement in fuel economy and a 15 percent reduction in emissions versus larger-displacement engines. EcoBoost is standard on the Taurus SHO and available on the Ford Flex, Lincoln MKS and Lincoln MKT. Sales of hybrid vehicles totaled 2,361, up 73 percent versus a year ago. Ford hybrid models include the Ford Fusion, Ford Escape, Mercury Milan and Mercury Mariner. Ford Fiesta The all-new Fiesta - which debuts Wednesday at the Los Angeles International Auto Show - will further grow Ford's car lineup. This new entry in the U.S. - available in four- and five-door body styles - will set a new small car benchmark for fuel economy, safety, connectivity and powertrain technology in its segment. North American Production Ford plans to build 550,000 vehicles in the first quarter 2010, an increase of 201,000 units (58 percent) compared with the first quarter 2009. Ford's fourth quarter production plan is unchanged from the previous forecast of 570,000 vehicles. Note: The sales data included in this release and the accompanying tables are based largely on data reported by dealers representing their sales to retail and fleet customers. Code:
FORD MOTOR COMPANY NOVEMBER 2009 U.S. SALES |
Subaru of America
Subaru of America Announces 24-Percent Increase in November Sales
- November YTD Sales Surpass 2008 Full Year Sales - - Company Predicts New Record for Full-Year 2009 Sales - Download image CHERRY HILL, N.J., Dec. 1 /PRNewswire/ -- Subaru of America, Inc. today announced an increase in November sales of 24 percent with 16,988 units sold. November 2009 represents the best November monthly total in Subaru of America's history and the fifth record month out of the last six. The November sales results mean that SOA has already overtaken its full year 2008 sales and the company has predicted that it will set a new sales record for the 2009 calendar year, to beat the 200,703 sales record set in 2006. Sales for the 2010 Subaru Legacy and Outback models have each set November records with 2,802 units sold and 6,505 units sold respectively. Code:
Nov-09 Nov-08 % chg YTD Nov-09 YTD Nov-08 % chg "The continued sales success that Subaru is enjoying, despite the weakness in the economy and auto industry, is a tribute to our retailers who believe in both the value Subaru vehicles represent and in our brand direction," said Thomas J. Doll, EVP and COO of Subaru of America, Inc. "Subaru has established monthly sales records in five of the last six months and our market share has been consistently above 2-percent. We cannot thank our retail partners enough for their outstanding sales efforts," Doll continued. SOURCE Subaru of America, Inc. |
Lexus/Toyota
Toyota Reports November Sales
Download image TORRANCE, Calif., Dec. 1 /PRNewswire/ -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported November sales of 133,700 vehicles, an increase of 11.5 percent over last November, on a daily selling rate basis. The Toyota Division posted November sales of 115,200 units, an increase of 9.8 percent over the same period last year. The Lexus Division reported November sales of 18,500 units, an increase of 24 percent over the year-ago month. Toyota Division Toyota Division passenger cars recorded sales of 71,622 units, an increase of 14.5 percent over last November. Passenger car sales were led by Camry and Camry Hybrid, which posted combined November sales of 27,385 units, up 18 percent over the year-ago month. The Prius mid-size gas-electric hybrid posted November sales of 9,617 units, up 20.7 percent over this time last year. Corolla recorded sales of 21,899 units, up 9.2 percent over November 2008. Venza reported sales of 4,140 units for the month. Toyota Division light trucks posted sales of 43,578 units, up 2.8 percent over the year-ago month. Light truck sales were led by the RAV4 compact SUV with November sales of 11,512 units, up 35.1 percent over the same period last year. Highlander and Highlander Hybrid posted combined sales of 6,213 units in November. The Tundra full-size pickup recorded sales of 6,379 units for the month, up 4.9 percent over last November. The Tacoma mid-size pickup reported sales of 7,633 units for the month. Sienna recorded sales of 7,488 units, up 32.3 percent over November 2008. Scion posted November sales of 3,080 units. The xB urban utility vehicle led the way with sales of 1,392 units. The tC sports coupe posted November sales of 866 units. The xD reported sales of 822 units for the month. Lexus Division Lexus passenger cars reported November sales of 10,055 units, up 22.2 percent over the year-ago month. Passenger car sales were led by the ES entry luxury sedan, with sales of 4,110 units, up 8.5 percent over last November. The IS entry luxury sport line posted combined sales of 2,851 units, up 12.7 percent over the same period last year. The HS entry luxury hybrid sedan recorded November sales 1,407 units. Lexus Division light trucks reported November sales of 8,445 units, up 26.1 percent over the same period last year. Lexus sales were led by the RX luxury utility vehicle which posted combined November sales of 7,923 units, up 47.2 percent over the year-ago month. The RX 450h hybrid luxury utility vehicle reported sales of 1,210 units for the month. TMS Hybrids TMS posted November sales of 14,473 hybrid vehicles, up 26.4 percent over the same period last year. Toyota Division posted sales of 11,804 hybrids for the month. Lexus Division posted November sales of 2,669 hybrids. There were 23 selling days this month, compared to 25 selling days last November. Code:
TOYOTA RETAIL SALES |
Chrysler Group LLC
Chrysler Group LLC Reports November 2009 U.S. Sales
AUBURN HILLS, Mich., Dec. 1 /PRNewswire/ -- Chrysler Group market share increases compared with October 2009 Dodge Journey sales increase 93 percent compared with the same time period last year, setting a new record for November Journey sales Dodge Avenger sales increase 51 percent versus November 2008 Chrysler Sebring Sedan sales increase 84 percent compared with the same time period last year Jeep Brand sales increase 14 percent compared with the previous month Chrysler Group today reported sales increases on several models, both year-over-year and month-over-month. The Chrysler Sebring Sedan, Dodge Avenger, Dodge Journey and Dodge Grand Caravan all reported year-over-year sales increases. The Chrysler PT Cruiser, Chrysler Sebring Convertible, Jeep® Commander, Jeep Liberty, Jeep Compass, Jeep Patriot, Dodge Viper, Dodge Dakota and Ram Cab Chassis all reported month-over-month sales increases. "The company showed some encouraging signs this month, providing a good foundation going forward and reinforcing our promising future which everyone in the company is excited about," said Fred Diaz, President and Chief Executive Officer-Ram Brand and Lead Executive for the Sales Organization, Chrysler Group LLC. "Consumer confidence is building now that we've released our five-year business plan, and we're showcasing our brands, great products and cool features in new advertising." Chrysler Group reported total U.S. sales for November of 63,560 units, increasing its market share to 8.4 percent. Sales declined 25 percent versus November 2008. The company finished the month with 176,282 units in inventory, representing a 64-day supply. Inventory is down 56 percent compared with November 2008. Overall industry figures for November are projected to come in at an estimated 11.0 million SAAR. November Brand U.S. Sales Highlights Jeep Brand sales increased 14 percent compared with October 2009. Jeep Commander, Jeep Liberty, Jeep Compass and Jeep Patriot all posted increased sales versus October 2009. Chrysler Sebring Sedan increased sales 84 percent (2,674 units) compared with November 2008. Chrysler PT Cruiser and Chrysler Sebring Convertible both posted sales increases versus last month. Dodge Journey sales increased 93 percent (5,434 units) versus the same time period last year, Dodge Avenger saw sales increase 51 percent (3,571 units) compared with November 2008, and Dodge Grand Caravan sales increased 35 percent (8,171 units) versus November 2008. Dodge Viper increased sales compared with the previous month. Dodge Dakota and Ram Cab Chassis vehicles both posted sales gains compared with October 2009. In November, overall Mopar U.S. net sales were consistent with last month's sales. Compared with the same time period last year, Mopar accessory sales per new unit were up 8 percent while service contracts per new unit sold increased 7 percent. Mopar sales for Remote Start are up 20 percent versus 2008. Later this month, Mopar will begin taking orders for FLO TV, a feature that offers Chrysler, Jeep, Dodge and Ram buyers live, mobile television. Chrysler Group LLC will be the first automaker in the U.S. to offer live, mobile TV. Incentives Chrysler Group LLC continues its "Year-end Wrap Up," which offer consumers the choice of a gift for themselves or some extra cash in their pocket as the holiday season approaches. Chrysler Group also is continuing its "Invest in America" partnership with credit unions in the United States by offering preferred pricing on eligible Chrysler, Jeep, Dodge and Ram Truck vehicles to the more than 90 million credit union members. 2010 Model Year vehicles: Chrysler Brand: Beginning today, consumers purchasing select Chrysler vehicles can choose from: 0 percent financing for up to 60 months Consumer cash of up to $3,000 All-wheel drive at no cost with the purchase of a Chrysler 300 A no-cost DVD system with the purchase of a Chrysler Town & Country minivan Attractive financing rates and a no-cost service/maintenance program for 3 years/36,000 miles Jeep Brand: Jeep customers can choose from 0 percent financing for up to 60 months, consumer cash of up to $4,000 or attractive financing rates and a no-cost service/maintenance program for 3 years/36,000 miles. Dodge Car Brand: Beginning today, consumers purchasing select Dodge vehicles can choose from 0 percent financing for up to 60 months, consumer cash of up to $2,500 and all-wheel drive at no cost with the purchase of a Dodge Charger. Ram Truck Brand: The Ram Truck Brand is offering consumers various combinations of attractive financing and/or consumer cash, including 0 percent financing for up to 48 months or 2.9 percent financing for 60 months, or consumer cash of up to $2,500. Ram is also offering consumers 0 percent financing for up to 72 months or up to $5,500 in consumer cash on most 2009 Dodge Ram trucks. All incentives are valid through Jan. 4, 2010. Code:
Chrysler Group LLC U.S. Sales Summary Thru November 2009 |
Hyundai Motor America
Hyundai Motor America Reports November 2009 Sales
Download image FOUNTAIN VALLEY, Calif., Dec. 1 /PRNewswire/ -- Hyundai Motor America today announced November sales of 28,045 units, a 46 percent increase compared with November 2008. Calendar year-to-date, Hyundai sales are up 6.2 percent to a total of 401,267 through November. This marks the eleventh consecutive month of year-over-year gains in retail market share. "While we have continued to deliver substantial year-over-year sales gains and sustained market share growth, we were, quite frankly, hoping that the economy and overall industry would have bounced back a bit more than we are seeing right now," said Dave Zuchowski, vice president of sales. "Looking ahead to December, we're confident we'll finish the year with market share at least a full percentage point above our record 3 percent share in 2008." Hyundai remains uniquely positioned to grow in difficult market conditions with its strong value story, highest quality rating among non-luxury brands, and best fuel economy rating in the industry. The fuel-efficient Accent, Elantra and Sonata had significant sales increases of 93, 88 and 52 percent, respectively, versus 2008, while the Santa Fe once again delivered a solid sales gain up 53 percent over a year ago. Genesis continued its strong launch performance, with sales up 52 percent over last year. Code:
CARLINE NOV/2009 NOV/2008 CY/2009 CY/2008 |
Honda & Acura
November 2009 Sales Honda Accord, CR-V and Pilot post gains; Acura Division up 20.8 percent American Honda Motor Co., Inc., posted November sales of 74,003, an increase of 5.5 percent based on the daily selling rate* when compared to November 2008 results of 76,233, the company announced today. American Honda year-to-date sales of 1,043,641 represent a decrease of 21.7 percent based on the daily selling rate*. Honda Division posted November sales of 65,234, an increase of 3.7 percent versus November 2008. The Accord registered the most sales of any Honda model for the month with 17,239, an increase of 7.5 percent. Additional models with year-over-year sales increases included the CR-V, up 24.8 percent to 13,955; and the Pilot, up 26.2 percent to 6,502. "We're finding opportunities for growth in multiple areas of the market," said John Mendel, executive vice president of sales for American Honda. "Consumer interest is returning in several segments, including light trucks." Acura Division sales increased 20.8 percent to 8,769. The MDX led the division with sales of 3,465, an increase of 79.3 percent. The TSX and RDX also recorded gains, up 35.0 percent and 50.5 percent, respectively. *The daily selling rate (DSR) is calculated with 23 days for November 2009 and 25 days for 2008. Year-to-date, the DSR is calculated with 280 days for 2009, versus 282 days for 2008. All percentages reflect DSR. |
Kia Motors America
Kia Motors America Announces November Sales
Sales Up 18.3 Percent Month Over Month and 7.8 Percent Year to Date IRVINE, Calif., Dec. 1 /PRNewswire/ -- Kia Motors America (KMA) today announced November sales of 17,955 units, an 18.3-percent increase over the same month last year. Year to date sales totaled 279,015, a 7.8-percent increase over the same period last year. KMA's growing lineup of distinctly styled new vehicles - including Soul, Forte and Forte Koup - accounted for 36 percent of the monthly sales volume, a five-percent increase over the previous month. Overall, small car sales delivered more than 55 percent of November volume. Kia Motors is in the midst of a dramatic, design-led transformation, which has been delivering dynamically styled vehicles in several important segments at exactly the right time contributing to the brand's continued gains in U.S. market share. The upcoming launch of the all-new 2011 Sorento CUV, the official vehicle of the NBA and the first vehicle to be built at the company's first U.S.-based manufacturing facilities in West Point, Georgia, will further enhance the lineup. Code:
MONTH OF NOVEMBER YEAR-TO-DATE |
General Motors
GM Reports 151,427 Total Sales in November
Retail Sales for Buick, Cadillac, Chevrolet and GMC Up 10 Percent DETROIT, Dec. 1 /PRNewswire/ -- GM dealers in the U.S. delivered 151,427 vehicles in November. While this represents a decline of 2 percent compared with November 2008, GM retail sales were up 1 percent for the month. Total sales for Chevrolet, Buick, GMC and Cadillac were up 6 percent vs. the prior year. Retail sales for these brands were up 10 percent vs. the prior year, and currently represent 94 percent of GM's retail sales performance. "Consumer interest in our launch vehicles remains solid," said Susan Docherty, GM vice president, U.S. Sales. "We're working to strengthen our Chevrolet, Buick, GMC and Cadillac brands by providing cars, crossovers and trucks with the sales and service experience that our customers deserve. We have more to do, but we're committed to earning consideration and future sales by delivering great products in every segment." November quick facts: Combined retail sales of Buick, Cadillac, Chevrolet and GMC represented 94 percent of GM retail sales, up from 86 percent in November 2008 Total GM retail sales increased 1 percent when compared with the prior year Retail sales for Buick, Cadillac, Chevrolet and GMC increased 10 percent for the month compared with November 2008 Retail sales of our six launch vehicles comprised 22 percent of total GM retail sales, more than one out of five retail sales, and volume was 6 percent higher than last month Retail sales of Buick, Cadillac, Chevrolet and GMC Crossover launch vehicles were up 140 percent vs. a year ago compared with the vehicles they replace Combined retail sales of crossovers and cars were 60 percent of GM retail sales for the month, compared with 46 percent in November 2008 - the eighth month at this level in 2009 Total sales for GM full-size pickup trucks were down 24 percent for the month, compared to November 2008 Fleet sales declined 9 percent vs. November 2008 Chevrolet key facts: Chevrolet retail sales were up 10 percent for the month compared with a year ago - the second consecutive monthly retail sales gain Chevrolet passenger car retail sales were up 41 percent vs. November 2008, led by Aveo (up 94 percent), and Malibu (up 34 percent) Traverse retail sales were up 154 percent compared with November 2008 Equinox retail sales were up 247 percent compared with last year, and up 27 percent calendar year-to-date Camaro retail sales were 6,827 - the sixth consecutive month above 6,000 and higher than Ford Mustang Buick key facts: Buick retail sales were up 33 percent compared with a year ago LaCrosse retail sales were up 238 percent compared with November 2008 Enclave retail sales were up 33 percent compared with November 2008 GMC key facts: GMC retail sales were up 6 percent vs. November 2008 Terrain retail sales of 3,514 were 418 percent higher compared with last year for the vehicle it replaces (Pontiac Torrent) Acadia retail sales were up 17 percent compared with November 2008 Cadillac key facts: Cadillac retail sales were up 2 percent and total sales were up 10 percent compared with November 2008 - the second consecutive month of retail and total sales gains SRX retail sales were 361 percent higher vs. the prior year SRX retail sales are up 5 percent calendar year-to-date through November Other Brands Sold 11,755 Total Vehicles in November As a percent of total GM sales, these brands represented 8 percent of sales, compared with 15 percent in November 2008. Management Discussion of November Sales Results "We continue to be encouraged by the latest information which shows the U.S. economy strengthening," said Mike DiGiovanni, executive director, Global Market and Industry Analysis. "For example, we estimate that housing starts will probably rise to about 600,000 to 650,000 by the end of 2010, which will have a positive effect on the economy and will also help support improvement in light-duty pickup truck sales." U.S. Economy Credit spread has returned to normal levels. However, consumer credit continues to contract - reflecting both weak credit demand and cautious bank lending Consumer confidence fell slightly in November, but remains much improved from the trough in February Manufacturing sector is increasing output due to depleted current inventories Job losses continue to slow, however employment levels continue to be a concern Housing starts, new and existing home sales, and home prices are beginning to stabilize U. S. Auto Industry The U.S. November 2009 SAAR is estimated to be slightly higher than October - approximately 11.0 million (total industry estimate) Industry inventory levels are anticipated to increase moderately through Q4 to support modestly rising industry sales Code:
GM North America Production Code:
General Motors dealers in the United States reported the following |
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