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Ford, Nissan January Sales Beat Estimates on Light Truck Demand
by Jamie ButtersFebruary 1, 2017, 9:11 AM EST February 1, 2017, 9:30 AM EST
Consumer confidence remains high in healthy U.S. economy
Only VW, Honda sales were seen gaining among large automakers
Ford Motor Co. and Nissan Motor Co. sales beat estimates in January, while General Motors Co. deliveries fell by more than projected, as analysts predict the U.S. auto market may have cooled following a blistering pace in December.
Deliveries of cars and light trucks slipped 0.7 percent for Ford and climbed 6.2 percent for Nissan, beating analyst projections for declines. The F-Series pickup line paced Ford, while sales of Nissan’s Rogue crossovers surged to a January record. GM deliveries fell 3.8 percent, wider than the 2.4 percent decline analysts estimated.
“Exceptionally strong sales to close out 2016 led to a slow start in January, but additional incentives towards the end of the month helped pick up the slack,” said Eric Lyman, chief industry analyst for ALG, which sets residual values for leased vehicles.
The U.S. economy remains healthy, with companies adding workers and confidence still high despite slipping from December. Consumers will count on President Donald Trump and Congress to deliver on promises to boost employment and growth, which would contribute to the auto market’s prospects for an unprecedented eighth straight year of expansion.
uto sales probably slowed in January to a seasonally adjusted annualized rate of about 17.3 million vehicles, according to the average of 11 analyst estimates, from 17.9 million a year earlier. The pace was 18.4 million in December, the best in more than a decade.
GM said the light vehicle sales rate may have been 17.6 million in January in its e-mailed statement.
VW Seen Gaining
The biggest gainer among major automakers will probably be Volkswagen AG, which is rebounding amid a buyback program involving its diesel models. Combined sales of the VW and Audi brands may rise 20 percent, according to a Bloomberg survey of analysts. Honda Motor Co. was the only other large automaker projected to report an increase, with analysts estimating a gain of 4 percent.
Sales may fall about 14 percent for Fiat Chrysler Automobiles NV, according to analysts estimates, reflecting the end of sedan production at two U.S. plants.
“It’s tricky to use January as a bellwether for how auto sales will trend for the year,” said Jessica Caldwell, executive director of industry analysis for Edmunds.com. “It’s the lowest volume month and only accounts for 6 percent of annual sales on average.”
GM Announces January U.S. Sales, Affirms Positive Outlook
2017-02-01
DETROIT — General Motors (NYSE: GM) U.S. dealers delivered 195,909 cars, trucks and crossovers in January, down 3.8 percent year over year. Retail sales totaled 155,010 units, down 4.9 percent, and the company set a new January record for average transaction prices.
“In early January, we focused on profitability while key competitors sold down their large stocks of deeply discounted, old-model-year pickups,” said Kurt McNeil, U.S. vice president of Sales Operations. “We gained considerable sales momentum as we rebuilt our mid-size pickup, SUV and compact crossover inventories from very low levels following record-setting December sales.”
Inventories of most of these products were in the 30 – 50 days’ supply range at the beginning of January.
January Highlights (vs. Jan. 2016)
*GM estimates that the seasonally adjusted annual selling rate (SAAR) for light vehicles was approximately 17.6 million units.
*GM’s ATPs, which reflect retail transaction prices after incentives, rose $1,200 per unit to $34,500, a new January record.
*GM was the only domestic automaker and one of only two full-line automakers to reduce incentives as a percentage of ATP. GM spending was 12.7 percent, down 0.3 points, and the industry average was 12.3 percent, up 1.3 points.
*Rental deliveries were down 1 percent. Total fleet sales were up 1 percent on a 12 percent increase in Government deliveries and a 1 percent increase in Commercial sales. GM’s fleet mix was 21 percent of total sales.
*Small business deliveries were up 4 percent.
Chevrolet Retail Sales
*The Cruze, up 22 percent, the Volt, up 56 percent, and the Trax, up 40 percent, had their best-ever January retail sales. Total sales were also January records.
*Spark deliveries were up 40 percent.
*Bolt EVs, which were available in California and Oregon during the month, had the fastest days to turn in the industry at 7 days.
*The Tahoe, up 8 percent, and Suburban, up 11 percent, had their best January retail sales since 2008.
*The Equinox was up 4 percent.
*The Colorado was up 9 percent for its best January retail sales since 2005. Total sales were also the highest January since 2005.
*Sales of the Silverado HD pickup were up 32 percent for the truck’s best January retail sales since 2008. Total HD sales were also the best since 2008.
Buick Retail Sales
*Crossover deliveries were up 20 percent, driven by higher Encore sales and the first-ever Envision.
*Average transaction prices were up 9 percent, four times better than the industry average growth.
GMC Retail Sales
*Deliveries of the Acadia were up 15 percent.
*Sierra deliveries were up 2 percent, for the truck’s best retail January sales since 2002.
*Average transaction prices were up 7 percent, more than three times better than the industry average growth.
Cadillac Retail Sales
*Cadillac sales were up more than 1 percent.
*Crossover deliveries were up 11 percent, on the strength of the new XT5.
*Total Escalade deliveries were up 10 percent, driven by 7 percent increase in Escalade ESV retail sales.
*Average transaction prices were the highest in the brand’s history at $55,300, up about $1,000 year over year.
GM Momentum Continues to Grow
In 2016, GM was the industry’s fastest-growing full-line automaker on a retail sales basis, and Chevrolet has been the fastest-growing full-line brand for two consecutive years on a retail basis. Chevrolet grew retail market share in 2015-2016 by almost one full percentage point, which translates to more than 120,000 incremental sales.
“Our go-to-market strategy in 2017 is the same as 2016,” McNeil said. “We are focused on strengthening our brands, growing retail sales and share, reducing daily rental deliveries and maintaining our operating discipline.”
GM is optimistic about the year ahead because the economy is strong and the company’s four brands are dramatically expanding their product offerings in fast-growing crossover segments.
WOODCLIFF LAKE, N.J., Feb. 1, 2017 /PRNewswire/ -- Sales of BMW brand vehicles increased 0.1 percent in January for a total of 18,109 compared to 18,082 vehicles sold in January, 2016.
Notable vehicle sales in January include the BMW X1 which increased 21.4 percent, the BMW X3 which increased 57.5 percent, and the BMW X5 which increased 26.8 percent.
"The increased availability of the highly popular BMW X models is paying off as our X model U.S. sales in January topped the all-important 50 percent mark for the second month in a row," said Ludwig Willisch, President and CEO, BMW of North America. "Now, with February here, we are very much looking forward to the launch of our brilliant next generation 5 Series, only two weeks away."
BMW Group Sales
In total, the BMW Group in the U.S. (BMW and MINI combined) reported January sales of 21,219 vehicles, a decrease of 0.5 percent from the 21,320 vehicles sold in the same month a year ago.
MINI Brand Sales
For January, MINI USA reported 3,110 automobiles sold, a decrease of 4.0 percent from the 3,238 sold in the same month a year ago.
Here we go again- Nissan just oh so casually breaking sales records.
Feb 1, 2017 Nissan Group reports January 2017 U.S. sales
NASHVILLE, Tenn. – Nissan Group today announced total U.S. sales for January 2017 of 112,319 units, an increase of 6 percent over the prior year and a January record.
Nissan highlights:
*Nissan Division finished January with 100,761 sales, up 4 percent and also a January record.
*Overall sales of Nissan crossovers, trucks and SUVs set a January record, up 22 percent.
*Sales of the Nissan Rogue crossover set a January record at 28,760, an increase of 46 percent.
*Sales of the Pathfinder SUV set a January record at 7,281, up 13 percent.
*Other truck models showed strong gains, including TITAN, up 195 percent, and Armada, up 147 percent.
VOLKSWAGEN OF AMERICA REPORTS JANUARY 2017 SALES RESULTS
Feb 1, 2017
*January sales totaled 23,510 units, an increase of 17.1 percent over January 2016
*Tiguan sales totaled 3,516 units, an increase of 39.1 percent over January 2016, marking the best January ever for the vehicle
*Golf SportWagen sales (which includes the all-new Alltrack) totaled 2,047 units, an increase of 189.9 percent over January 2016
*Passat sales totaled 5,887 units, an increase of 64.2 percent over January 2016
Herndon, VA — (February 1, 2017) Volkswagen of America, Inc. (VWoA) today reported sales of 23,510 units delivered in January 2017. This marks a 17.1 percent increase over January 2016.
Mazda Reports Best January Sales Since 2012 Mazda CX-5 Posts Record Month
February 1, 2017
IRVINE, Calif. (February 1, 2017) – Mazda North American Operations (MNAO) today reported January U.S. sales of 21,698 vehicles, representing an increase of 10.1 percent versus January of last year, and the best January sales month in five years. Solid sales performance across the lineup was headlined by consumers’ continued strong desire for crossover SUVs.
Key January sales notes:
*The Mazda CX-5 posted its best-ever January with 8,068 vehicles sold, showing continued momentum leading up to the on-sale date of the all-new 2017 model later this Spring. This number represents an increase of 14.2 percent year-over-year (YOY).
*The Mazda CX-9 posted an increase of 210.7 percent YOY, with 1,591 vehicles sold.
*Mazda‘s CX crossover SUV sales—including the CX-3, CX-5 and CX-9—were up 21.1 percent YOY with 10,843 sold. Of the total CX-line sales, 60 percent of vehicles were equipped with i-ACTIV All-Wheel Drive.
*Sales of the Mazda6 started the year off strong, posting a 28.3 percent increase YOY with 3,300 vehicles sold.
*Even with much of the U.S. experiencing winter weather, popularity of the MX-5 Miata continues with 929 vehicles sold. This number represents an increase of 65.9 percent YOY. Sales totals for the MX-5 include both the MX-5 soft top and MX-5 RF.
Mazda Motor de Mexico (MMdM) reported January sales of 4,759 vehicles, down 18.6 percent versus January of last year.
Another month, another monthly sales record for Audi USA. The sun rises. The sun sets.
Eleven percent more Audis were sold in America this January than were sold in January of 2016, itself a record breaking month. So far this year the brand has sold 13,201 vehicles carrying the remarkable momentum of the past six years of records into 2017.
The increase was predictably driven by the Q3 and Q5, but also by the A4 and A6 sedans, which is good news for fans of the good old fashioned “car.”
Sales of the Q3 rose more than 30% this January. An impressive feat, but one outdone by its big sister, the Q5, sales of which increased more than 35%. The A6, meanwhile, had the most humble increase of the quartet of nearly 20%, while sales of the A4 rose more than 31%.
The A3 e-tron also did well this month, with an increase of 18%, though that still only amounts to 387 units. Similarly, sales of the R8 increased nearly 500% in January for a grand total of 65 units sold.
The models that didn’t so well this January include the A5 (-41%), the A8 (-26%), and the A3 (-22%).
“Coming off a record year, we were pleased to see strong consumer demand across the product portfolio in January,” said Mark Del Rosso, COO. “We believe that Audi is poised for continued success in 2017 with products that will excite our customers and draw them into our showrooms.”
*Sales up 3.1 percent over last January
*Outlander sales continue to be strong in the new year with sales up 9.4 percent
*Outlander records best January sales since 2007
CYPRESS, Calif., –Mitsubishi Motors North America, Inc. (MMNA) reported January 2017 sales of 6,457 an increase of 3.1 percent over January 2016. Outlander Sport remained the volume leader with 1,990 vehicles sold, while Outlander continued to be the brand’s fastest growing model with a sales increase of 9.4 percent over last January.
February 1, 2017 SUBARU OF AMERICA, INC. REPORTS RECORD JANUARY SALES
*Record January - monthly sales increase 6.8 percent over January 2016
*62 consecutive months of yearly month-over-month growth
*Best January ever for Outback and Forester
*35 consecutive months of more than 10,000 Outbacks sold
*42 consecutive months of more than 10,000 Foresters sold
Cherry Hill, N.J. - Subaru of America, Inc. today reported 43,879 vehicle sales for January 2017, a 6.8 percent increase over January 2016, and the best January in the history of the company. These results continue the company’s sales momentum from 2016 where Subaru achieved eight consecutive years of record sales and exceeded 615,000 annual sales – a first in company history.
January marked the 35th consecutive month of 40,000+ vehicle sales for the company. Outback and Forester sales were notably strong as each model achieved its best January ever. Impreza sales for January 2017 increased 16.5 percent over the same month in 2016. Crosstrek also enjoyed gains over January 2016. In January, Impreza, Legacy and WRX each won Kelley Blue Book 2017 Best Resale Value Awards in their respective categories for a second year in a row. WRX also placed in the Best Resale Value Top 10 for the second consecutive year.
“We have to thank our dedicated retailers who delivered a wonderful start to 2017 with our best January sales ever and our 62nd consecutive month of yearly, month-over-month sales increases,” said Thomas J. Doll, president and chief operating officer.
“With the all-new Impreza arriving at retailers and already selling very well prior to the launch of its advertising campaign in mid-February, we expect an excellent start to the year.” said Jeff Walters, senior vice president of sales.
*Ram Truck brand up 5 percent; pickup truck posts 4 percent increase
*Three Jeep® brand vehicles record sales increases in January; Jeep Renegade sales up 52 percent
*Jeep Grand Cherokee sales up 24 percent in January
*Fiat 500 sales up 24 percent compared with same month a year ago
February 1, 2017 , Auburn Hills, Mich. - FCA US LLC today reported U.S. sales of 152,218 units, an 11 percent decrease compared with sales in January 2016 (171,352 units).
In January, fleet sales of 42,868 units were down 31 percent year over year as FCA US continues its strategy of reducing its sales to the daily rental segment. Fleet sales represented 28 percent of total FCA US sales in January. FCA US retail sales of 109,350 units were flat for the month, and represented 72 percent of total January sales.
Ram Truck brand sales increased 5 percent in January, compared with the same month a year ago, as the pickup truck posted a 4 percent sales gain. Three Jeep® brand models recorded increases in January, led by a 52 percent increase in Jeep Renegade sales. Sales of the Jeep Grand Cherokee, the brand’s volume leader in January, were up 24 percent for the month. Sales of the Dodge Journey mid-size crossover were up 9 percent, while Fiat 500 sales grew 24 percent year over year.
Ford F-Series, SUVs and Lincoln Drive January Retail Sales Gains; Overall U.S. Sales Down 1 Percent
*Ford Motor Company U.S. retail sales of 120,400 vehicles for January represent a 6 percent increase; fleet sales down 13 percent; total sales down 1 percent
*Ford F-Series sales increase 13 percent, with sales of 57,995 trucks; best sales start for F-Series since 2004
*Overall Ford brand SUV sales up 6 percent in January, with retail sales up 11 percent – a record start overall for Ford SUVs
*Lincoln up 22 percent last month on total sales of 8,785 vehicles, with gains coming from MKC, MKX, MKZ and all-new Continental
DEARBORN, Mich., Feb. 1, 2017 – Ford Motor Company’s U.S. retail sales of 120,400 vehicles are up 6 percent in January, while total sales declined 1 percent.
Fleet sales of 52,212 vehicles, including daily rental, commercial and government segments, declined 13 percent. The fleet decline reflects a strong year-ago comparison, with fleet customer orders front-loaded at the beginning of 2016.
Ford F-Series sales totaled 57,995 trucks last month, a 13 percent increase, supported by strong retail gains from both F-150 and Super Duty. F-Series was up 19 percent at retail, with gains in every region. January represents the best sales start for F-Series since 2004.
“The new year brought strong consumer demand for F-Series, Lincoln and record SUV sales, especially high-end models,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “This drove near-record company average transaction prices for Ford, up $2,500 versus a year ago and far outpacing the overall January industry increase of $550.”
Retail sales of Ford brand SUVs were up 11 percent last month, driving overall SUV sales up 6 percent, with 53,224 vehicles sold. January marks the best-ever overall start for Ford SUVs.
Lincoln sales totaled 8,785 vehicles in January, the brand’s best start in a decade.
Strong performance from the all-new Lincoln Continental, with 1,167 cars sold, contributed to the brand’s overall 22 percent increase. Additional contributors included Lincoln MKZ with sales of 2,090 sales – up 7 percent – Lincoln MKC with 1,668 sales – a 16 percent gain – and MKX with 2,928 sales – a 43 percent gain.
Note: Ford is adding additional data to our news release, including stock and fleet percentages. In addition, Ford is reporting both dealer stock and gross stock levels, as some automakers report dealer stock only and do not include inventory in transit to dealers.
Can we talk about how the Tiguan just keeps selling better and better? They must be giving them away at this point.
VOLKSWAGEN OF AMERICA REPORTS JANUARY 2017 SALES RESULTS
Feb 1, 2017
*January sales totaled 23,510 units, an increase of 17.1 percent over January 2016
*Tiguan sales totaled 3,516 units, an increase of 39.1 percent over January 2016, marking the best January ever for the vehicle
*Golf SportWagen sales (which includes the all-new Alltrack) totaled 2,047 units, an increase of 189.9 percent over January 2016
*Passat sales totaled 5,887 units, an increase of 64.2 percent over January 2016
Herndon, VA — (February 1, 2017) Volkswagen of America, Inc. (VWoA) today reported sales of 23,510 units delivered in January 2017. This marks a 17.1 percent increase over January 2016.
Acura is surviving on SUV's...and even that may not be paying the bills.
American Honda Continues Record Sales Pace in January
Feb 1, 2017 - TORRANCE, Calif.
*American Honda sets new January records for total vehicle and total truck sales
*Honda Division also sets new January benchmark for total vehicle sales
*Honda trucks jump 30.2 percent for best-ever January
*Honda CR-V smashes previous January record as it gains 52 percent for month
*Acura trucks remain strong with RDX topping last year
American Honda Motor Co., Inc. today reported total January sales of 106,380 Honda and Acura vehicles, an increase of 5.9 percent over January 2016 and a new record for the month. Total Honda Division sales as well as Honda truck sales also set new January records, with total Division sales rising 7.7 percent on sales of 97,178 and trucks up 30.2 percent on sales of 51,337 units. Acura Division sales totaled 9,202 vehicles in January, a decrease of 10.2 percent.
Honda
After posting a 3rd consecutive sales record in 2016, the Honda Division started 2017 with yet more monthly records, gaining 7.7 percent as cars and trucks continued to sell strongly. CR-V and HR-V led the way in January, pushing Honda trucks to another new record for the month.
*Honda Division sets new January mark, rising 7.7 percent on sales of 97,178 units.
*Honda trucks also set a new January record, jumping 30.2 percent on sales of 51,337.
*CR-V smashed its previous January best, gaining 52.5 percent on sales of 29,287 vehicles.
*HR-V sales also gained sharply, rising to 5,689 in January for a gain of 36.2 percent versus last year.
*Accord and Fit sales remained strong in January.
"Our conservative approach to growth was criticized when the industry was growing faster but it is clearly paying dividends now as industry sales are flattening," said Jeff Conrad, senior vice president and general manager of the Honda Division. "A steady cadence of products and disciplined sales tactics is the right approach for customers and dealers."
Acura
Acura brand sales remained fairly steady in January, with Acura light trucks demonstrating continued strength as RDX gained ground and MDX maintained a solid pace, even before dual sourcing of Acura's three-row luxury SUV begins this spring in Ohio, promising increased supply.
*RDX sales were up 3.2 percent for the month, with 3,202 vehicles sold in January.
*NSX notched sales of 50 units for the month.
"In a month marked by major storms across the country, Acura maintained a steady pace with trucks leading the way," said Jon Ikeda, vice president and general manager of the Acura division. "And a strong showing of the Acura NSX GT3 in its debut at Daytona last weekend just adds to the momentum building around the Acura brand."
02-01-17, 06:50 AM
January 2017 Sales
