February 2016 Sales Thread
02-26-16, 05:09 AM
#1
Lead Lap
Thread Starter
February 2016 Sales Thread
U.S. auto sales, after being slowed last month by winter storms, are on pace to reach the highest level for any February since 2000, some forecasts released this week show.
Purchases delayed from January and a bevy of Presidents Day deals are likely to push February sales up about 8 percent, according to Edmunds.com and LMC Automotive. That would result in a seasonally adjusted, annualized selling rate of 17.7 million units, up from 17.6 million in January and 16.4 million a year ago.
TrueCar said it expects sales this month to climb 6.6 percent higher than February 2015, with a SAAR of 17.5 million. Kelley Blue Book was more optimistic, projecting a 9 percent gain and a SAAR of 17.9 million.
The February 2000 SAAR came in at 18.9 million.
“Thus far, 2016 is off to the races, with February looking to keep the selling rate in line with expectations,” Jeff Schuster, LMC’s senior vice president of forecasting, said in a statement. “Consumers seem to be shrugging off the volatility in the stock market and higher interest rates. Very low fuel prices and many new vehicles in showrooms should help drive another strong year for auto sales.”
January and February are typically the 2 weakest months of the year. Since 1989, February sales have been an average of 13 percent better than January, but this year’s forecasts call for a month-over-month increase of about 18 percent. Sales tend to pick up significantly in March as the traditional spring selling season begins.
Analysts continue to expect industry sales in 2016 to beat the record of 17.47 million set last year.
“Demand for new cars and trucks this month looks strong enough to lift new sales in February to the highest level in over 15 years,” Eric Lyman, TrueCar’s vice president of industry insights, said in a statement. “It’s a sign that consumers remain generally confident in the economy and their finances -- and are even willing to brave winter weather to buy a new vehicle.”
Longer loan terms and leasing
Long loans and leases are expected to account for a record 65.1 percent of all retail sales in February, up from 64.3 percent in January, according to J.D. Power, which works with LMC to forecast sales. It said consumers are on track to spend more than $32 billion on new vehicles this month, a February record and $3 billion more than a year ago.
Gasoline prices have continued falling in February, driving sales of pickups and SUVs higher and forcing automakers to raise incentives on car nameplates to keep inventories from piling up too much.
J.D. Power said cars are expected to account for just 42 percent of sales in the month, the lowest in any February on record. The nationwide average for a gallon of regular gasoline is $1.715 today, according to the AAA motor club, 11.1 cents less than a month ago and 61.3 cents below a year ago.
Overall, incentive spending this month is 11 percent more than in February 2015 but 0.5 percent less than last month, TrueCar said. It said incentives rose 29 percent at General Motors, 22 percent at Volkswagen Group of America and 15 percent at Fiat Chrysler Automobiles but fell at Subaru, Hyundai and American Honda.
TrueCar, KBB and Edmunds are all projecting a double-digit sales increase for Ford Motor Co., whose sales were down in January. The forecasts call for gains of 9 to 11 percent for FCA, 8 to 9 percent at Nissan North America, and 7 to 13 percent for American Honda.
GM, Toyota Motor Sales U.S.A. and Hyundai-Kia are all expected to post below-average increases. TrueCar and Edmunds said VW sales are expected to be down about 2 percent, while KBB projects a 4 percent gain.
02-26-16, 06:09 AM
#2
Lexus Fanatic
iTrader: (20)
i think many people are buying cars because interest rates are low and many think that's not likely to last, plus during the big recession many held off buying a car, and now they're feeling good enough to do it or have to (their old car is done). as the article also says, low gas prices helps a lot!
02-27-16, 07:29 PM
#4
Texas economy was on the slide since summer of 2015, but the auto dealers were not feeling the effect; on the contrary had record sales. But 2016 will be a different story with the massive lay-offs in the energy sector. The severe impact of this on the local economy will not be felt by the general public till later this summer. Most of the businesses in TX, OK, LA are already hurting due to corporations CapX total shut down. Historically speaking, in these three states December 2016 will be an opprtune time to get good deals on 2017 luxury automobiles.
03-01-16, 07:59 AM
#5
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Thread Starter
Ford
Ford Motor Company’s U.S. sales were up 20 percent in February versus a year ago with 217,192 vehicles sold. Retail sales grew 11 percent – the company’s best February since 2005.
Retail sales gains came across the product portfolio. Cars gained 6 percent, trucks increased 5 percent, and SUVs were up 22 percent.
Ford SUV sales last month – the best February in company history – totaled 65,016 vehicles, up 28 percent versus a year ago. Edge jumped 91 percent, Explorer was up 18 percent and Escape gained 14 percent.
F-Series sales were strong, too, with 60,697 vehicles sold – a 10-percent increase – marking Ford’s best February for F-Series in a decade.
“We saw a solid industry last month and a strong month for Ford, as customer demand for our newest vehicles – including new high-end series on Explorer and Edge – helped Ford increase its average transaction prices at almost double the industry average,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “Offering more high-end options for truck and SUV customers and having the capability fleet buyers value as they are reinvesting in their fleets are strengthening our business.”
Transit sales increased 70 percent last month, with 11,496 vans sold – adding to Ford’s total van sales of 18,407 giving Ford its best February van performance since 1979.
Lincoln sales of 8,039 vehicles increased 30 percent, with the all-new Lincoln MKX up 109 percent, helping support the brand’s record February sales.
03-01-16, 08:01 AM
#6
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Thread Starter
Gm
General Motors (NYSE: GM) continued to grow its retail sales and market share in February, a trend that began April 2015. Since then, retail deliveries have been up every month compared to a year ago, and retail market share has been up in 10 of 12 months. February retail deliveries totaled 179,958 units, up 7 percent. GM’s estimated retail share is up 0.4 percentage points.
The Chevrolet brand remained the industry’s fastest-growing full line brand in February, with retail deliveries climbing 13 percent compared to a year ago. Estimated retail share is up 1 percentage point on a year-over-year basis. In addition, Cadillac retail deliveries were up 4 percent.
“Our strategy is simple: grow profitable retail share while maintaining discipline with inventory levels and incentive spending, while reducing rental deliveries,” said Kurt McNeil, GM’s U.S. vice president of sales operations.
Due to a planned reduction in rental deliveries, GM’s total sales of 227,825 were down slightly year over year. GM reduced daily rental deliveries by about 16,500 units, or 39 percent in February. GM grew its Commercial business in February for the 28th consecutive month.
GM expects to operate with about a 70-days supply of vehicles throughout the year in most months, with some months higher or lower. February month-end inventories were at a 67-days supply. GM continues to grow retail market share with incentives below domestic companies and other key competitors.
As a result of lower rental deliveries, GM expects its fleet mix in 2016 to be about 20 percent of total sales, compared with a historical range of 22 to 24 percent. In 2015, GM reduced rental deliveries by about 50,000 units compared to 2014. In the first two months of 2016, rental deliveries are down about 30,000 units, compared to a year ago.
“The redesign of our full-size pickups and SUVs, and the smart bets we made to enter the small crossover and mid-size pickup segments with vehicles like the Chevrolet Trax and Colorado couldn’t have been timed better,” McNeil said. “The economy is growing, Millennials are becoming a major force in the market and we’re doing everything we can to meet retail demand, including increased production of mid-size pickups and investing in additional V8 engine capacity.”
Millennials (customers under age 34) now buy more new vehicles than any generation besides Baby Boomers, and they account for 20 percent of GM sales, up from 5 percent in 2010.
GM’s products plans are tailored to these generational shifts. Redesigned vehicles launching in 2016, including Chevrolet Cruze, Volt, Camaro, Malibu and Trax. At the same time, Buick is expanding its portfolio with the Cascada convertible and Envision crossover, GMC is launching an all-new Acadia crossover, and Cadillac is launching the all-new CT6 prestige sedan and XT5 crossover.
“We continue to be optimistic about the continued strength of the U.S. economy,” said Mustafa Mohatarem, GM’s chief economist. “Employment remains strong, interest rates remain at historically low levels and gas prices are stable, so we expect auto sales to remain strong for the foreseeable future.”
February Retail Sales and Business Highlights vs. 2015 (except as noted)
Chevrolet
Chevrolet had its best February sales since 2007, with cars up 34 percent, crossovers up 5 percent and trucks up 3 percent.
Malibu was up 87 percent for the model’s best February since at least 1979.
Camaro, Cruze and Impala were up 39 percent, 27 percent and 14 percent, respectively. Volt was up 96 percent.
Suburban, Tahoe, Traverse and Trax were up 36 percent, 22 percent, 15 percent and 26 percent, respectively.
Suburban and Tahoe had their best February since 2008.
GMC
Yukon sales were up 12 percent.
GMC continues to earn the highest average transaction prices (ATPs) among its competitive set. February ATPs of $42,300 were a record for the month.
Denali trim penetration was the highest ever at 24 percent.
Buick
Encore and Enclave sales were up 26 percent and 6 percent, respectively. Encore achieved best ever February sales.
Buick’s total sales were up 2 percent.
Cadillac
Escalade and SRX sales were up 22 percent and 13 percent, respectively.
Average Transaction Prices/Incentives (J.D. Power PIN estimates)
ATPs, which reflect transaction prices after incentives, were approximately $34,200 in February, up about $680 from January and more than $3,600 above the industry average.
GM’s incentive spending as a percentage of ATP was 12.4 percent, which reflects lower year-over-year spending on trucks and higher spending on passenger cars being replaced with all-new designs. Industry average spending in February was 11.1 percent.
Fleet and Commercial
Commercial sales grew 7 percent year over year in February and for the calendar year to date, after growing 38 percent from 2013 to 2015.
Government sales were up 14 percent year over year in February, and 3 percent calendar year to date.
Industry Sales
GM estimates that the seasonally adjusted annual selling rate (SAAR) for light vehicles in February was 17.7 million units.
Chevrolet
Chevrolet had its best February sales since 2007, with cars up 34 percent, crossovers up 5 percent and trucks up 3 percent.
Malibu was up 87 percent for the model’s best February since at least 1979.
Camaro, Cruze and Impala were up 39 percent, 27 percent and 14 percent, respectively. Volt was up 96 percent.
Suburban, Tahoe, Traverse and Trax were up 36 percent, 22 percent, 15 percent and 26 percent, respectively.
Suburban and Tahoe had their best February since 2008.
GMC
Yukon sales were up 12 percent.
GMC continues to earn the highest average transaction prices (ATPs) among its competitive set. February ATPs of $42,300 were a record for the month.
Denali trim penetration was the highest ever at 24 percent.
Buick
Encore and Enclave sales were up 26 percent and 6 percent, respectively. Encore achieved best ever February sales.
Buick’s total sales were up 2 percent.
Cadillac
Escalade and SRX sales were up 22 percent and 13 percent, respectively.
Average Transaction Prices/Incentives (J.D. Power PIN estimates)
ATPs, which reflect transaction prices after incentives, were approximately $34,200 in February, up about $680 from January and more than $3,600 above the industry average.
GM’s incentive spending as a percentage of ATP was 12.4 percent, which reflects lower year-over-year spending on trucks and higher spending on passenger cars being replaced with all-new designs. Industry average spending in February was 11.1 percent.
Fleet and Commercial
Commercial sales grew 7 percent year over year in February and for the calendar year to date, after growing 38 percent from 2013 to 2015.
Government sales were up 14 percent year over year in February, and 3 percent calendar year to date.
Industry Sales
GM estimates that the seasonally adjusted annual selling rate (SAAR) for light vehicles in February was 17.7 million units.
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03-01-16, 08:03 AM
#8
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Thread Starter
Chrysler
FCA US LLC today reported U.S. sales of 182,879 units, a 12 percent increase compared with sales in February 2015 (163,586 units), and the group’s best February sales in 10 years.
The Jeep®, Dodge and Ram Truck brands each posted year-over-year sales gains in February compared with the same month a year ago. The Ram Truck brand’s 27 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 71 consecutive months.
“Continued strong consumer demand for our Jeep vehicles drove the Jeep brand to its best February sales ever, while our Ram pickup truck and Ram vans recorded their best February sales ever,” said Reid Bigland, Senior Vice President - Sales, FCA - North America. “Overall, FCA US realized its best February sales in 10 years and our 71st consecutive month of year-over-year sales increases.”
9 FCA US vehicles set records in the month of February, including four Jeep brand vehicles. The Jeep Cherokee, Jeep Wrangler, Jeep Patriot and Jeep Compass each posted their best February sales ever. In addition, the Ram pickup truck, Ram ProMaster, Ram ProMaster City vans, Dodge Journey crossover and Dodge Challenger muscle car each posted their best February sales ever.
FCA US finished the month of February with an 88-day supply of inventory (673,494 units). U.S. industry sales figures for February are internally projected at an estimated 17.9 million units Seasonally Adjusted Annual Rate (SAAR).
Ram Truck Brand
Ram Truck brand sales, which include the Ram pickup, Ram ProMaster and Ram ProMaster City, were up 27 percent in February, the brand’s best February sales since 2002. Ram pickup truck sales were up 23 percent last month, its best February sales ever. U.S. News & World Report last month named the 2016 Ram 1500 the “Best Full-size Truck for the Money.” It was the third year in a row that Ram’s half-ton entry has won the award. Both the Ram ProMaster and Ram ProMaster City vans recorded their best February sales ever. The Ram Truck brand unveiled the 2017 Ram Power Wagon last month at the Chicago Auto Show. The new Power Wagon features a number of off-road-specific enhancements, including a unique suspension with more than 2 inches of lift, locking differentials and a 12,000-lb. winch, giving it a significant advantage over all production pickups.
Jeep® Brand
Jeep brand sales were up 23 percent in February, the brand’s best February sales ever and its 29th consecutive month of year-over-year sales gains. The Jeep brand has set a sales record in every month dating back to November 2013. The Jeep Cherokee, Jeep Wrangler, Jeep Patriot and Jeep Compass each recorded their best February sales ever. The Compass’ 54 percent increase was the largest year-over-year percentage gain of any Jeep brand vehicle in the month. The Jeep Grand Cherokee’s 12 percent increase marked its best February sales since 2005. Sales of the Jeep Renegade, the brand’s newest entry in its product lineup, were up 6 percent compared with the previous month of January. For a second-consecutive year, the Jeep Wrangler Unlimited earned Kelley Blue Book’s lowest “5-Year Cost to Own Award” in the mid-size SUV/crossover category.
Dodge Brand
Dodge brand sales were up 12 percent last month, the brand’s best February sales since 2014 and its third consecutive month of year-over-year sales gains. Sales of the Dodge Journey were up 3 percent, the crossover’s best February sales ever. The Dodge Challenger muscle car also turned in its best February sales ever. The Dodge Grand Caravan’s 95 percent increase was the largest percentage sales gain of any Dodge brand vehicle in the month and its best February sales since 2012. The 2016 Grand Caravan last month earned the Kelley Blue Book “5-Year Cost to Own Award” in the minivan/van category for the second time in three years. The Dodge Durango’s 22 percent increase was its best February sales performance in 10 years. The 2016 Durango is getting two new appearance packages in time for spring: Brass Monkey and Anodized Platinum. These new appearance packages will start arriving in dealerships in the second quarter of 2016.
FIAT Brand
Sales of the Fiat 500X – the latest addition to the FIAT lineup in North America – were up 52 percent in February, compared with the previous month of January. FIAT brand sales, which include the Fiat 500, Fiat 500L and 500X, were down 9 percent in February, compared with the same month a year ago. The Fiat 500 is the highest-ranking City Car in J.D. Power’s 2016 U.S. Vehicle Dependability Study. The FIAT brand has a new addition to its product lineup on the way this summer – the all-new 2017 Fiat 124 Spider. Paying homage to the original 124 Spider nearly 50 years after its introduction, the 124 Spider delivers the ultimate Italian roadster experience with driving excitement, technology and safety, combined with iconic Italian design.
Chrysler Brand
Sales of the Chrysler Town & Country minivan were up 16 percent in February, the minivan’s best February sales in eight years. Chrysler 300 sales were up 10 percent, the full-size sedan’s best February sales in three years. Chrysler brand sales were down 26 percent in February, compared with the same month a year ago. Coming this spring is the all-new 2017 Chrysler Pacifica minivan, followed by the Pacifica Hybrid arriving in the fall of 2016. The Pacifica offers an all-new platform from the ground up, which will provide more than 100 standard and available safety features, making it the most comprehensive suite of safety features in the segment, including Surround View camera, which uses four cameras positioned around the vehicle to provide a bird’s-eye perspective of the vehicle and its surroundings.
03-01-16, 08:07 AM
#9
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Thread Starter
Honda/Acura
Mar 1, 2016 - TORRANCE, Calif.
Honda Division sets new February benchmark on sales of 106,212 vehicles
All-new 2016 Honda Civic sets a new monthly record for the second month in a row with sales up 31.7 percent; with all-new Civic Coupe set to go on sale mid-March
Acura ILX, the brand's entry point and most youthful model, was up 56.4 percent
American Honda Motor Co., Inc. today reported record February sales of 118,985 Honda and Acura vehicles, an increase of 12.8 percent. Honda Division set a new February record with 106,212 units sold, up 14.9 percent; Honda car sales reached 57,267 while record February truck sales totaled 48,945 for the month. Acura sales totaled 12,773 with sedan sales of 4,683 and trucks reaching 8,090 units in February.All-new 2016 Honda Civic sets a new monthly record for the second month in a row with sales up 31.7 percent; with all-new Civic Coupe set to go on sale mid-March
Acura ILX, the brand's entry point and most youthful model, was up 56.4 percent
Honda
Fresh off of a record January and led by record sales of the all-new 2016 Civic Sedan and the CR-V along with a strong performance by the Accord, the Honda brand set a new February sales mark.
Civic, relying only on sales of the Sedan, was the brand's best-selling model for the month, setting a new February record, with sales up 31.7 percent to 27,707 units; the All-new Civic Coupe will accelerate that momentum when it goes on sale in mid-March.
Also bucking the light truck trend, Accord was up 19.3 percent on sales of 25,785 units.
CR-V, America's best-selling SUV, was up 13.2 percent on record February sales of 25,250 vehicles.
Odyssey had a double digit gain, up 11.4 percent with 8,994 units sold for the month.
In high demand but short supply, Pilot sold 9,572 units, a strong month, but a 24.2 percent decrease compared to February 2015, when high inventories and aggressive sell-down efforts of the prior generation model led to near-record sales.
"Led by the all-new Civic, Honda cars are defying industry trends, even as our light truck models are red hot this winter," said Jeff Conrad, senior vice president and general manager of the Honda Division. "With more versions of the Civic yet to go on sale and an all-new Ridgeline on the way, Honda is primed for an incredibly strong start to the year."Also bucking the light truck trend, Accord was up 19.3 percent on sales of 25,785 units.
CR-V, America's best-selling SUV, was up 13.2 percent on record February sales of 25,250 vehicles.
Odyssey had a double digit gain, up 11.4 percent with 8,994 units sold for the month.
In high demand but short supply, Pilot sold 9,572 units, a strong month, but a 24.2 percent decrease compared to February 2015, when high inventories and aggressive sell-down efforts of the prior generation model led to near-record sales.
Acura
While overall sales were down slightly for February, strong sales of the ILX, the brand's gateway model; the launch of the Acura NSX online vehicle configurator in late February and a refreshed MDX set to debut at the New York Auto Show this month portend a strong year as the Acura brand approaches its 30th anniversary in late March.
ILX followed up on a strong January result, rising an impressive 56.4 percent on sales of 1,500 units in February.
MDX, challenged by low inventory levels, was the brand's best-selling model for the month with sales of 4,292 units in February, down 5.7 percent.
"As we approach the 30th anniversary of the Acura brand in March and the launch of the NSX this spring, it's encouraging to see the same kind of excitement associated with the early days of the brand," said Jon Ikeda, vice president and general manager of the Acura division. "With a strong gateway model attracting new customers to the brand in the ILX, and an updated MDX about to debut at the New York auto show, it's not simply cliché to say that the best is yet to come."MDX, challenged by low inventory levels, was the brand's best-selling model for the month with sales of 4,292 units in February, down 5.7 percent.
03-01-16, 08:35 AM
#10
Lead Lap
VOLKSWAGEN OF AMERICA REPORTS FEBRUARY 2016 SALES RESULTS
Mar 1, 2016
-February sales totaled 22,321 units-
Tiguan delivered 3,245 units, a 78.4 percent increase, marking the best February ever for the vehicle
The e-Golf delivered 198 vehicles, the best February ever for the vehicle
Herndon, VA — (March 1, 2016) Volkswagen of America, Inc. (VWoA) today reported sales of 22,321 units delivered in February 2016. The Tiguan produced the best February results on record for the vehicle with 3,245 vehicles delivered, a 78.4 percent increase.
“We were pleased to see increased retail sales at our dealerships in February, supported by vehicles like the Tiguan,” said Mark McNabb, chief operating officer, Volkswagen of America. “Even though overall sales were down due to seasonal fleet business, we are encouraged by showroom activity this month.”
This month also marked the best February ever for the e-Golf with 198 vehicles delivered, a 52.3 percent increase versus last year.
http://media.vw.com/release/1152/
Mar 1, 2016
-February sales totaled 22,321 units-
Tiguan delivered 3,245 units, a 78.4 percent increase, marking the best February ever for the vehicle
The e-Golf delivered 198 vehicles, the best February ever for the vehicle
Herndon, VA — (March 1, 2016) Volkswagen of America, Inc. (VWoA) today reported sales of 22,321 units delivered in February 2016. The Tiguan produced the best February results on record for the vehicle with 3,245 vehicles delivered, a 78.4 percent increase.
“We were pleased to see increased retail sales at our dealerships in February, supported by vehicles like the Tiguan,” said Mark McNabb, chief operating officer, Volkswagen of America. “Even though overall sales were down due to seasonal fleet business, we are encouraged by showroom activity this month.”
This month also marked the best February ever for the e-Golf with 198 vehicles delivered, a 52.3 percent increase versus last year.
http://media.vw.com/release/1152/
03-01-16, 08:42 AM
#11
Lead Lap
Thread Starter
Toyota
Toyota Motor Sales (TMS), U.S.A., Inc. today reported February 2016 sales of 189,852 vehicles, an increase of 5.2 percent from February 2015 on a volume basis. With the same number of selling days in February 2016 and 2015, sales were also up 5.2 percent on a daily selling rate (DSR) basis.
Toyota division February 2016 sales were up 5.8 percent on both a DSR and volume basis with sales of 166,618 units.
“Light trucks continue to drive strong demand in 2016,” said Bill Fay, group vice president and general manager for the Toyota division. “The Toyota division had back-to-back, best-ever light truck monthly records, supported by another best-ever month in February for RAV4.”
Lexus reported February 2016 sales of 23,234 units, an increase of 1.0 percent on a volume basis.
“As leaders in luxury crossover vehicles, it’s no surprise to us that our SUV lineup continues to propel our sales performance,” said Jeff Bracken, group vice president and general manager for the Lexus division. “It wasn’t just a good month for SUVs, however—IS, CT and RC have exceeded our sales expectations for the month of February, validating the appeal of these models to the next generation of luxury consumer.”
February 2016 Highlights:
Combined TMS light truck sales of 96,086 units, up 11.2 percent
RAV4 posts best-ever February with sales of 25,523 units; up more than 16 percent
Highlander reports best-ever February sales with sales of 12,466 units
4Runner and Sienna up 32 and 5.5 percent respectively
Tacoma up 14.5 percent with sales of 14,172 units
NX up 39.1 percent
RX up 10.8 percent with sales of 7,192 units
LX up more than 81 percent
Combined TMS light truck sales of 96,086 units, up 11.2 percent
RAV4 posts best-ever February with sales of 25,523 units; up more than 16 percent
Highlander reports best-ever February sales with sales of 12,466 units
4Runner and Sienna up 32 and 5.5 percent respectively
Tacoma up 14.5 percent with sales of 14,172 units
NX up 39.1 percent
RX up 10.8 percent with sales of 7,192 units
LX up more than 81 percent
03-01-16, 08:56 AM
#12
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Thread Starter
Nissan
Nissan Group today announced total U.S. sales for February 2016 of 130,911 units, an increase of 11 percent over the prior year and a February record.
Nissan highlights:
Nissan Division finished February with 120,540 sales, up 13 percent and also a February record.
Sales of the Sentra compact sedan increased 34 percent to 20,599, setting a February record.
Nissan Maxima sales climbed to 5,222, up 128%.
Overall sales of Nissan crossovers, trucks and SUVs set a February record, up 14 percent.
Sales of the Rogue compact crossover set a February record at 21,561, up 1 percent.
Sales of the Pathfinder SUV set a February record at 7,244, up 3 percent.
Sales of the Murano crossover increased 86 percent to 7,445.
Nissan's total car sales set a February record with 69,630 in sales, up 12 percent.
Sales of the Sentra compact sedan increased 34 percent to 20,599, setting a February record.
Nissan Maxima sales climbed to 5,222, up 128%.
Overall sales of Nissan crossovers, trucks and SUVs set a February record, up 14 percent.
Sales of the Rogue compact crossover set a February record at 21,561, up 1 percent.
Sales of the Pathfinder SUV set a February record at 7,244, up 3 percent.
Sales of the Murano crossover increased 86 percent to 7,445.
Nissan's total car sales set a February record with 69,630 in sales, up 12 percent.
03-01-16, 09:50 AM
#13
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Thread Starter
Audi
Audi reported that its February 2016 sales increased 2.3% to 11,718 vehicles, a total that stands as the brand’s 62nd straight month of record U.S. sales.
Audi achieved its best-ever February sales in the brand’s U.S. history. The previous February record was set in 2015 with sales of 11,455 vehicles. Through the first two months of 2016, Audi U.S. sales rose 2.5% from last year to 23,568 vehicles.
February results were bolstered by sales of the A7 and Q7 models. The A7 posted an 87% increase from last February. Consumer demand for the all-new Audi Q7 remained high, resulting in a 63% increase over last February. Year-to-date sales of this luxury SUV model rose 111% over the same time period in 2015.
“There is robust demand for models at the top end of our lineup, such as the A7 and Q7,” said Mark Del Rosso, Executive Vice President and Chief Operating Officer, Audi of America. “This gives us confidence that our sales momentum will continue with the upcoming launches of the all-new A4 and R8 this spring.”
Audi Certified pre-owned vehicle sales set a new February record, with a 0.4% gain on 3,713 CPO vehicles sold.
Audi holds the longest running monthly record sales streak in the premium car market according to a competitive sales report from MotorIntelligence.com.
03-01-16, 10:59 AM
#14
Lead Lap
HYUNDAI MOTOR AMERICA REPORTS ITS BEST FEBRUARY EVER
FOUNTAIN VALLEY, Calif., March 1, 2016 – Hyundai Motor America today reported its best February in company history, selling 53,009 units for the month, up one percent versus the same period last year.
“The strong demand for the all-new Tucson continued through the month with sales up 90 percent over last February,” said Derrick Hatami, vice president of national sales for Hyundai Motor America. “Our refreshed Santa Fe and Santa Fe Sport models have begun hitting showrooms. Combined with the success of Tucson, we expect our CUV lineup to lead the charge as we close out the first quarter.”
Genesis sedan saw sales gains of 13 percent while Equus climbed 38 percent. Other standouts include Sonata with sales up 25 percent and Veloster up 35 percent.
http://www.hyundainews.com/us/en/med...-february-ever
FOUNTAIN VALLEY, Calif., March 1, 2016 – Hyundai Motor America today reported its best February in company history, selling 53,009 units for the month, up one percent versus the same period last year.
“The strong demand for the all-new Tucson continued through the month with sales up 90 percent over last February,” said Derrick Hatami, vice president of national sales for Hyundai Motor America. “Our refreshed Santa Fe and Santa Fe Sport models have begun hitting showrooms. Combined with the success of Tucson, we expect our CUV lineup to lead the charge as we close out the first quarter.”
Genesis sedan saw sales gains of 13 percent while Equus climbed 38 percent. Other standouts include Sonata with sales up 25 percent and Veloster up 35 percent.
http://www.hyundainews.com/us/en/med...-february-ever
03-01-16, 11:17 AM
#15
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Thread Starter
Subaru
Subaru of America, Inc. today reported record sales for February 2016 totaling 42,011 vehicles, a 1.6 percent gain over February 2015. The company also reported year-to-date sales of 83,112 vehicles, a 1.2 percent gain over the same period in 2015. These results build on strong sales from 2015 where Subaru achieved its seventh consecutive year of sales records and exceeded 580,000 annual sales – a first in the company’s history.
February marked the 24th consecutive month of 40,000+ vehicle sales for the company. Forester, Outback, WRX/STI sales were notably strong as each carline achieved its best February ever. Legacy sales for February 2016 increased 2.6 percent over the same month in 2015. BRZ also enjoyed gains over February 2015. Earlier in the month, the 2016 Outback made Kelley Blue Book’s 16 Best Family Cars of 2016 for meeting the needs of the modern family with emphasis on outstanding room for both passengers and cargo and excellent off-road capability.
“Subaru vehicles continue to be recognized by the press and public alike for their reliability, value and safety ratings,” said Thomas J. Doll, president and chief operating officer for Subaru of America. “Our record sales are the result of focusing on our core strengths, producing safe, reliable and versatile vehicles that are delivered through an outstanding retail network.”
"We again reported a sales increase in spite of limited inventory levels across the country,” said Jeff Walters, senior vice president of sales for Subaru of America. “Our retailers continue to show dedication and commitment which makes these impressive results possible.”