JANUARY 2007 Car Sales Thread
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IRVINE, Calif., Feb. 1 /PRNewswire/ -- Volvo Cars of North America,
LLC, reports sales in the United States of 7,819 units for January,
representing a 12 percent decrease compared to the same period last year.
Overall, Volvo sales for North America (United States, including Puerto
Rico, Canada and Mexico) were 8,628 units, which is 11 percent down
compared to the beginning of 2006. Volvo Canada sales were down 4.5
percent, with 571 units sold, while Volvo sales in Mexico were ahead of
last year by 15.5 percent, selling 238 units.
Volvo Cars of North America, LLC (VCNA), based in Irvine, Calif., is a
subsidiary of Volvo Car Corporation of Goteborg, Sweden. VCNA provides
marketing, sales, parts, service, technology and training support to Volvo
automobile retailers in the United States, and oversees Volvo operations in
Canada, Mexico and Puerto Rico.
Volvo has been building cars with safety in mind for nearly 80 years.
The current 2007 model line up of Volvo cars includes: the award-winning
new S40 and its wagon counterpart the V50; the award-winning XC90; the
sporty S60 sedan -- including the award-winning performance sedan -- S60 R
and the performance wagon version -- V70 R; the versatile V70 wagon and
rugged XC70 (Cross Country); the new Volvo C70 -- the convertible with the
innovative retractable hardtop, and the all-new Volvo S80.
LLC, reports sales in the United States of 7,819 units for January,
representing a 12 percent decrease compared to the same period last year.
Overall, Volvo sales for North America (United States, including Puerto
Rico, Canada and Mexico) were 8,628 units, which is 11 percent down
compared to the beginning of 2006. Volvo Canada sales were down 4.5
percent, with 571 units sold, while Volvo sales in Mexico were ahead of
last year by 15.5 percent, selling 238 units.
Volvo Cars of North America, LLC (VCNA), based in Irvine, Calif., is a
subsidiary of Volvo Car Corporation of Goteborg, Sweden. VCNA provides
marketing, sales, parts, service, technology and training support to Volvo
automobile retailers in the United States, and oversees Volvo operations in
Canada, Mexico and Puerto Rico.
Volvo has been building cars with safety in mind for nearly 80 years.
The current 2007 model line up of Volvo cars includes: the award-winning
new S40 and its wagon counterpart the V50; the award-winning XC90; the
sporty S60 sedan -- including the award-winning performance sedan -- S60 R
and the performance wagon version -- V70 R; the versatile V70 wagon and
rugged XC70 (Cross Country); the new Volvo C70 -- the convertible with the
innovative retractable hardtop, and the all-new Volvo S80.
Code:
* U.S. sales include Puerto Rico VOLVO CARS OF NORTH AMERICA, LLC Retail Sales by Model 01-Feb-07 UNITED STATES January * Year-to-Date * 2007 2006 % 2007 2006 % Volvo Model S40 1,377 1,976 -30.3% 1,377 1,976 -30.3% V50 195 381 -48.8% 195 381 -48.8% S60 1,235 2,067 -40.3% 1,235 2,067 -40.3% V70 257 449 -42.8% 257 449 -42.8% XC70 855 1,023 -16.4% 855 1,023 -16.4% C70 387 27 1333.3% 387 27 1333.3% S80 1,131 568 99.1% 1,131 568 99.1% XC90 2,382 2,390 -0.3% 2,382 2,390 -0.3% USA TOTAL 7,819 8,881 -12.0% 7,819 8,881 -12.0% CANADA January Year-to-Date 2007 2006 % 2007 2006 % Volvo Model C30 1 n/a n/a 1 n/a n/a S40 55 82 -32.9% 55 82 -32.9% V50 42 45 -6.7% 42 45 -6.7% S60 118 111 6.3% 118 111 6.3% V70 42 48 -12.5% 42 48 -12.5% XC70 104 101 3.0% 104 101 3.0% C70 6 0 n/a 6 0 n/a S80 38 25 52.0% 38 25 52.0% XC90 165 186 -11.3% 165 186 -11.3% CANADA TOTAL 571 598 -4.5% 571 598 -4.5% MEXICO January Year-to-Date 2007 2006 % 2007 2006 % Volvo Model S40 116 113 2.7% 116 113 2.7% V50 3 3 0.0% 3 3 0.0% S60 33 19 73.7% 33 19 73.7% V70 0 0 n/a 0 0 n/a XC70 1 0 n/a 1 0 n/a C70 2 0 n/a 2 0 n/a S80 9 4 125.0% 9 4 125.0% XC90 74 67 10.4% 74 67 10.4% MEXICO TOTAL 238 206 15.5% 238 206 15.5% NAFTA TOTAL 8,628 9,685 -10.9% 8,628 9,685 -10.9% * U.S. totals include Puerto Rico SOURCE Volvo Cars of North America, LLC
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January is typically a slow month for everyone. The LS460 had solid sales, way above the S Class. IS sales being down for one month are not representative of anything. We'll talk when and if this pattern continues for a few months. Don't forget that all other luxury marques have big incentives on their old vehicles right now, while Lexus uses almost no incentives, even on older models. Cadillac's huge incentives partly explain the continued good sales of the CTS. I'm also willing to bet the increases for some of the Mercedes models were helped in part by some nice incentives.
Nevertheless, nice sales for both the C Class and E Class. IS sales though are nothing to be sad about. They remain very good considering a limited model range, and virtually no incentives.
You should expect to see Lexus sales in February get a small boost from the Rolex 24 win, and the heavy marketing that was done for that race.
GS sales continue to fall, due to various factors, such as uncompetitive pricing compared with the 5 Series, lack of incentives, and an aging GS430. Also yet to hear any updates about the reports that GS350 production is limtied.
Surprised to see a big increase for Honda incentives, getting close to Toyota in incentives. The Civic took a huge sales hit, almost a 30% drop. The old Corolla continues to outsell the Civic. I'm surprised to see Highlander sales up. For Toyota, Tundra took a big drop, but that's understable, as January was last month before the new Tundra comes out.
Things don't look good for Ford. Large drops for almost all models. Whether most of that is due to lower fleet sales, or mostly due to lower retail sales is hard to say exactly. F Series took another big hit, 15% sales drop. It's only going to get worse from here on in, as GM's new trucks ramp up, and the Tundra goes on sale this month. Ford already announced increased incentives for the F-Series, which will cut even more into profits.
So overall, as mentioned, January is a bad month for everyone. Bad of course for Toyota and Honda generally means smaller sales increases, rather than larger ones. Honda sales in fact were basically flat for January.
Hyundai is dissapointed with it's sales, which is ironic given they have a mostly new and fresh lineup. I had predicted this long ago, that Hyundai would face big difficulties, and that people were prematurely calling them "the next Toyota". Sales are down for January. Also for 2006, profits are down and 4th quarter sales were down as well. Looking at US January sales, Sonata took a huge hit. Currently it's being outsold by all other midsize competitors, minus the Sebring. The Sonata is a not a threat whatsoever to the Camry at this point. Azera sales are almost non-existent. The fact the California sales for Hyundai weren't that good is an omnious sign. California is generally one of the biggest markets for Hyundai and other foreign automakers. If Hyundai experiences a continued sales slide in California, it will only be worse in other States. Hyundai's improved quality and value are not enough. They need something more in their cars. Fact is, there is nothing special about Hyundais, and they do not possess a noticeable quality advantage over Honda or Toyota.
Chrysler sales are strange. 300 is (finally) down by a substantial amount. The Sebring is down, despite being a new model. Weird that Ram and Caravan sales are up, but likely due to heavy incentives.
Nevertheless, nice sales for both the C Class and E Class. IS sales though are nothing to be sad about. They remain very good considering a limited model range, and virtually no incentives.
You should expect to see Lexus sales in February get a small boost from the Rolex 24 win, and the heavy marketing that was done for that race.
GS sales continue to fall, due to various factors, such as uncompetitive pricing compared with the 5 Series, lack of incentives, and an aging GS430. Also yet to hear any updates about the reports that GS350 production is limtied.
Surprised to see a big increase for Honda incentives, getting close to Toyota in incentives. The Civic took a huge sales hit, almost a 30% drop. The old Corolla continues to outsell the Civic. I'm surprised to see Highlander sales up. For Toyota, Tundra took a big drop, but that's understable, as January was last month before the new Tundra comes out.
Things don't look good for Ford. Large drops for almost all models. Whether most of that is due to lower fleet sales, or mostly due to lower retail sales is hard to say exactly. F Series took another big hit, 15% sales drop. It's only going to get worse from here on in, as GM's new trucks ramp up, and the Tundra goes on sale this month. Ford already announced increased incentives for the F-Series, which will cut even more into profits.
So overall, as mentioned, January is a bad month for everyone. Bad of course for Toyota and Honda generally means smaller sales increases, rather than larger ones. Honda sales in fact were basically flat for January.
Hyundai is dissapointed with it's sales, which is ironic given they have a mostly new and fresh lineup. I had predicted this long ago, that Hyundai would face big difficulties, and that people were prematurely calling them "the next Toyota". Sales are down for January. Also for 2006, profits are down and 4th quarter sales were down as well. Looking at US January sales, Sonata took a huge hit. Currently it's being outsold by all other midsize competitors, minus the Sebring. The Sonata is a not a threat whatsoever to the Camry at this point. Azera sales are almost non-existent. The fact the California sales for Hyundai weren't that good is an omnious sign. California is generally one of the biggest markets for Hyundai and other foreign automakers. If Hyundai experiences a continued sales slide in California, it will only be worse in other States. Hyundai's improved quality and value are not enough. They need something more in their cars. Fact is, there is nothing special about Hyundais, and they do not possess a noticeable quality advantage over Honda or Toyota.
Chrysler sales are strange. 300 is (finally) down by a substantial amount. The Sebring is down, despite being a new model. Weird that Ram and Caravan sales are up, but likely due to heavy incentives.
Last edited by TRDFantasy; 02-01-07 at 11:23 AM.
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IRVINE, Calif., Feb. 1 /PRNewswire/ -- Kia Motors America (KMA) today
announced its best January sales ever of 22,524 units, a 24.4-percent
increase over the same period in 2006. The Sedona was the leading seller at
6,947 units, a 26.7-percent increase over the same period last year. The
all-new Rondo continued its impressive ramp-up, with 478 units sold, a
16.9-percent increase over last month.
"Kia has started the new year much the same way we ended 2006," said
Len Hunt, executive vice president and COO of KMA. "The automotive market
continues to be more competitive and faces many outside challenges. We are
confident that the product line we have in place puts us in a good position
toward another very successful year."
announced its best January sales ever of 22,524 units, a 24.4-percent
increase over the same period in 2006. The Sedona was the leading seller at
6,947 units, a 26.7-percent increase over the same period last year. The
all-new Rondo continued its impressive ramp-up, with 478 units sold, a
16.9-percent increase over last month.
"Kia has started the new year much the same way we ended 2006," said
Len Hunt, executive vice president and COO of KMA. "The automotive market
continues to be more competitive and faces many outside challenges. We are
confident that the product line we have in place puts us in a good position
toward another very successful year."
Code:
MONTH OF JANUARY YEAR-TO-DATE Model 2007 2006 2007 2006 Rio 1,624 1,993 1,624 1,993 Spectra 4,273 2,803 4,273 2,803 Optima 2,201 1,266 2,201 1,266 Amanti 567 607 567 607 Sportage 3,474 3,211 3,474 3,211 Sorento 2,960 2,746 2,960 2,746 Sedona 6,947 5,484 6,947 5,484 Rondo 478 N/A 478 N/A Total 22,524 18,110 22,524 18,110 SOURCE Kia Motors America
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Hyundai is dissapointed with it's sales, which is ironic given they have a mostly new and fresh lineup. I had predicted this long ago, that Hyundai would face big difficulties, and that people were prematurely calling them "the next Toyota". Sales are down for January. Also for 2006, profits are down and 4th quarter sales were down as well. Looking at US January sales, Sonata took a huge hit. Currently it's being outsold by all other midsize competitors, minus the Sebring. The Sonata is a not a threat whatsoever to the Camry at this point. Azera sales are almost non-existent. The fact the California sales for Hyundai weren't that good is an omnious sign. California is generally one of the biggest markets for Hyundai and other foreign automakers. If Hyundai experiences a continued sales slide in California, it will only be worse in other States. Hyundai's improved quality and value are not enough. They need something more in their cars. Fact is, there is nothing special about Hyundais, and they do not possess a noticeable quality advantage over Honda or Toyota.
It bears watching what happens in the next couple months but I wouldn't ring their demise just yet.
Last edited by Mr Johnson; 02-01-07 at 01:26 PM. Reason: Title Added
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Steve Wilhite, Hyundai COO, was on Autoline Detroit this past week and mentioned that they were most hurt by two things. Launching new product but most importantly a strike in Korea that caused them to be severely constrained on capacity in two fairly hot vehicle niches in which they introduced new product.
It bears watching what happens in the next couple months but I wouldn't ring their demise just yet.
It bears watching what happens in the next couple months but I wouldn't ring their demise just yet.
Nobody is predicting Hyundai's demise here. But it also must be stated that people are overestimating Hyundai, and giving them too much credit. One needs to be realistic, and the reality is that Hyundai sales are inconsistent, while profits have gone down. All of this despite a very fresh lineup. What happens then in a year or two when the lineup starts to age? What happens when a new Corolla comes out?
As for the strike, one point is that the Sonata is manufactured in America, so obviously the Korean strike did not affect Sonata production over here. There is no excuse for the big drop in Sonata sales, except the product itself.
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Steve Wilhite, Hyundai COO, was on Autoline Detroit this past week and mentioned that they were most hurt by two things. Launching new product but most importantly a strike in Korea that caused them to be severely constrained on capacity in two fairly hot vehicle niches in which they introduced new product.
It bears watching what happens in the next couple months but I wouldn't ring their demise just yet.
It bears watching what happens in the next couple months but I wouldn't ring their demise just yet.
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And Toyota division has outsold Ford division, looks like Toyota can pass Ford in the US this year
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Is there a year end sales thread? Curious about 3 Series BMW sales....
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