Lexus Sales down 11.4% In One Year
05-04-17, 02:35 PM
#1
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Lexus Sales down 11.4% In One Year
From The Car Pro Weekly Newsletter:
"Auto sales fell 4.7% from April 2016, resulting in about 70,000 fewer sales than a year ago. Cars continued to slide, down about 11%, mostly in the sedan segment, while pickup sales remained steady. Year-to-date, sales have fallen just slightly more than 2% from the record 2016 pace. There was one fewer selling day this April than a year ago, which contributed to the decline.Here is what we saw by each automaker:
"Auto sales fell 4.7% from April 2016, resulting in about 70,000 fewer sales than a year ago. Cars continued to slide, down about 11%, mostly in the sedan segment, while pickup sales remained steady. Year-to-date, sales have fallen just slightly more than 2% from the record 2016 pace. There was one fewer selling day this April than a year ago, which contributed to the decline.Here is what we saw by each automaker:
- BMW was down 9.3%
- Mini was off 27.4%
- Chrysler was down 3.3%
- Dodge was off by 2.6%
- Fiat was down 18%
- Jeep was off 16.5%
- Ram showed an increase of 5.3%
- Ford was down 7.4%
- Lincoln was basically flat from a year ago
- Buick was a bright spot for GM, up 17%
- Cadillac was up also, 9.5%
- Chevy was down for the month 10.4%
- GMC was essentially flat
- Acura was down 12.8%
- Honda was down 6.3%
- Hyundai was up slightly at 1.3%
- Kia was off 5.6%
- Jaguar was up thanks to F-Pace sales 197%
- Land Rover was basically flat from a year ago
- Mazda was down 7.8%
- Mercedes was off 8.7%
- Mitsubishi was down 13.4%
- Infiniti showed an increase of 3.5%
- Nissan sales were down 1.5%
- Tesla was up 29% to 4400 units
- Lexus was down 11.4% from April 2016
- Toyota was off just 2.7%
- Audi saw a gain of over 5%
- Porsche was up 2.2%
- VW was up from a year ago by 1.6%
Overall, a rough month for the auto industry, but we all knew it would be hard to keep pace with 2016. This is in spite of incentive spending averaging $3400 per vehicle in April. If sales continue to slide, odds are good incentives will continue to rise, making it a great time for consumers to get a bargain!"
05-05-17, 12:07 AM
#3
Millennials prefer to UBER or bum a ride than have to burden themselves with a car payment these days. Tough times mean less car purchases
Also, you can lease used cars for less than new, affecting new purchase trends.
Also, you can lease used cars for less than new, affecting new purchase trends.
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corpnupe85 (05-05-17)
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