JULY 2007 Vehicles Sales
08-01-07 | 05:10 PM
#31
Lexus Champion
Joined: Mar 2005
Posts: 8,695
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From: CA
Yup, like I suspected. Cursory review indicates that while the 5-series and 7-series are down somewhat YTD, the 3-series gained nearly 16,000 units. Notably, there are seven columns of zeros for 2006 there, and of those on the 2007 side an increase of 11,000+ come from the new 3-series coupe/convertible.
Thx for posting the data, guys.
Thx for posting the data, guys.
08-01-07 | 05:24 PM
#33
Lexus Fanatic
Joined: Jul 2001
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From: California
Sort of interesting looking at last month versus this month instead of year over year. For the big sedans that I am starting to shop for, the LS sold 2631 last month and 2696 this month. The 7 did 1053 last month and 1089 this month. Percentage wise the bimmer picked up a slight fraction of a percent more than the LS did but for all practical purposes, they both had similar increases. But the S went from 1701 last month to 2521 this month. Not sure if anyone will paint some reason for this but for a model that isn't exactly "just out" anymore, the S is holding up pretty well.
08-01-07 | 05:25 PM
#34
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Sort of interesting looking at last month versus this month instead of year over year. For the big sedans that I am starting to shop for, the LS sold 2631 last month and 2696 this month. The 7 did 1053 last month and 1089 this month. Percentage wise the bimmer picked up a slight fraction of a percent more than the LS did but for all practical purposes, they both had similar increases. But the S went from 1701 last month to 2521 this month. Not sure if anyone will paint some reason for this but for a model that isn't exactly "just out" anymore, the S is holding up pretty well.
08-01-07 | 05:46 PM
#35
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Edmunds.com Reports True Cost of Incentives for July:
Edmunds.com Reports True Cost of Incentives for July: Record High Incentives for Japanese Automakers
SANTA MONICA, Calif.--Edmunds.com, the premier online resource for automotive information, estimated today that the average automotive manufacturer incentive in the U.S. was $2,524 per vehicle sold in July 2007, up $102, or 4.2 percent, from June 2007, and down $286, or 10.2 percent, from July 2006.
Edmunds.com’s monthly True Cost of IncentivesSM (TCISM) report takes into account all automakers’ various U.S. incentives programs, including subvented interest rates and lease programs, as well as cash rebates to consumers and dealers. To ensure the greatest possible accuracy, Edmunds.com bases its calculations on sales volume, including the mix of vehicle makes and models for each month, as well as on the proportion of vehicles for which each type of incentive was used.
According to Edmunds.com, combined incentives spending for domestic manufacturers averaged $3,268 per vehicle sold in July 2007, up from $3,155 in June 2007. From June to July, European automakers increased incentives spending by $350 to $3,292 per vehicle sold; Japanese automakers increased incentives spending by $33 to $1,536 per vehicle sold; and Korean automakers increased incentives spending by $77 to $1,681 per vehicle sold.
In July, the industry’s aggregate incentive spending is estimated to have totaled approximately $3.46 billion, essentially unchanged from June. Chrysler, Ford and General Motors spent an aggregate of $2.25 billion, or 65.0 percent of the total; Japanese manufacturers spent $798 million, or 23.0 percent; European manufacturers spent $297 million, or 8.6 percent; and Korean manufacturers spent $118 million, or 3.4 percent.
"We are seeing combined incentive spending for Japanese automakers reach record highs this month," stated Jesse Toprak, Executive Director of Industry Analysis for Edmunds.com. "Even Toyota was aggressive -- with its highest ever month -- to help fuel sluggish sales."
Among vehicle segments, large trucks had the highest average incentives, $4,017 per vehicle sold, followed by large SUV’s at $3,847. Compact cars had the lowest average incentives per vehicle sold, $1,068, followed by sport cars at $1,135. Analysis of incentives expenditures as a percentage of average sticker price for each segment shows large cars averaged the highest, 13.9 percent, followed by large trucks at 12.7 percent of sticker price. Sport cars averaged the lowest, 3.9 percent, followed by luxury sports cars at 4.4 percent of sticker price.
"Large trucks continue to see the highest level of incentive spending, as sales have steadily slowed down," commented Edmunds’ AutoObserver.com Senior Editor Michelle Krebs. "Incentives on trucks should continue to increase since over the weekend GM added zero percent financing for 60 months on its large trucks."
Comparing all brands, in July Mini spent the least, virtually nothing, followed by Scion at $114 per vehicle sold. At the other end of the spectrum, Cadillac spent the most, $6,605, followed by Saab at $6,285 per vehicle sold. Relative to their vehicle prices, Saab and Jeep spent the most, 19.0 percent and 17.1 percent of sticker price, respectively, while Mini spent essentially nothing and Porsche spent just 0.6 percent.
SANTA MONICA, Calif.--Edmunds.com, the premier online resource for automotive information, estimated today that the average automotive manufacturer incentive in the U.S. was $2,524 per vehicle sold in July 2007, up $102, or 4.2 percent, from June 2007, and down $286, or 10.2 percent, from July 2006.
Edmunds.com’s monthly True Cost of IncentivesSM (TCISM) report takes into account all automakers’ various U.S. incentives programs, including subvented interest rates and lease programs, as well as cash rebates to consumers and dealers. To ensure the greatest possible accuracy, Edmunds.com bases its calculations on sales volume, including the mix of vehicle makes and models for each month, as well as on the proportion of vehicles for which each type of incentive was used.
According to Edmunds.com, combined incentives spending for domestic manufacturers averaged $3,268 per vehicle sold in July 2007, up from $3,155 in June 2007. From June to July, European automakers increased incentives spending by $350 to $3,292 per vehicle sold; Japanese automakers increased incentives spending by $33 to $1,536 per vehicle sold; and Korean automakers increased incentives spending by $77 to $1,681 per vehicle sold.
In July, the industry’s aggregate incentive spending is estimated to have totaled approximately $3.46 billion, essentially unchanged from June. Chrysler, Ford and General Motors spent an aggregate of $2.25 billion, or 65.0 percent of the total; Japanese manufacturers spent $798 million, or 23.0 percent; European manufacturers spent $297 million, or 8.6 percent; and Korean manufacturers spent $118 million, or 3.4 percent.
"We are seeing combined incentive spending for Japanese automakers reach record highs this month," stated Jesse Toprak, Executive Director of Industry Analysis for Edmunds.com. "Even Toyota was aggressive -- with its highest ever month -- to help fuel sluggish sales."
Code:
True Cost of Incentives for the "Big Six" Automakers
Automaker July 2007 June 2007 July 2006
Chrysler Group $4,082 $3,830 $2,623
Ford $2,984 $3,109 $3,888
General Motors $3,130 $2,834 $4,502
Honda $1,146 $1,324 $896
Nissan $2,290 $2,137 $2,618
Toyota $1,492 $1,395 $1,009
"Large trucks continue to see the highest level of incentive spending, as sales have steadily slowed down," commented Edmunds’ AutoObserver.com Senior Editor Michelle Krebs. "Incentives on trucks should continue to increase since over the weekend GM added zero percent financing for 60 months on its large trucks."
Comparing all brands, in July Mini spent the least, virtually nothing, followed by Scion at $114 per vehicle sold. At the other end of the spectrum, Cadillac spent the most, $6,605, followed by Saab at $6,285 per vehicle sold. Relative to their vehicle prices, Saab and Jeep spent the most, 19.0 percent and 17.1 percent of sticker price, respectively, while Mini spent essentially nothing and Porsche spent just 0.6 percent.
08-01-07 | 05:48 PM
#36
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From: Canada
July 2007 U.S. Auto Sales Scorecard - Sales Down 8.7%
DETROIT, Aug 1, 2007; Poornima Gupta and Jui Chakravorty writing for Reuters reported that U.S. auto sales in July fell 8.7 percent from a year earlier, according to sales data released on Wednesday by the auto manufacturers.
The following are highlights from sales data released by the largest car makers in the U.S. market.
Overall Industry July 2007 U.S. Auto Sales
* Total light vehicle sales -- 1.3 million units, down 8.7 percent from a year earlier.
* July seasonally adjusted annualized rate of light vehicle sales (SAAR) -- 15.54 million units, down from 17.18 million in July 2007.
General Motors Corp. July 2007 U.S. Auto Sales
* Car and light truck sales down 18.5 percent after adjusting for sales days (320,935 units)
* Year-to-date sales down 9.4 percent
* Inventories at month-end: 940,000 units, roughly flat from year earlier
* Cars/trucks: Cars down 23 percent/light trucks down 16.4 percent * Market share: 23.9 percent
* Key vehicles: Chevrolet Impala down 16.5 percent, Chevrolet Malibu down 45.1 percent, Chevrolet Silverado down 26.4 percent, Chevrolet Tahoe down 7.9 percent, GMC Sierra down 27.9 percent.
* Incentives: average $3,130 per vehicle, down from $4,502 a year earlier.
* Production: Third-quarter North American production forecast unchanged at 1.1 million vehicles.
Toyota Motor Corp. July 2007 U.S. Auto Sales
* Car and light truck sales down 3.5 percent year-over-year after adjusting for sales days (224,058 units)
* Year-to-date sales up 5.5 percent
* Market share: 17.1 percent
* Cars/trucks: Cars down 8.2 percent/trucks up 3.7 percent
* Key vehicles: Tundra up 134.5 percent, Camry up 3.2 percent, Prius up 50.5 percent, Corolla down 25.9 percent, ES 350 down 7.8 percent * Incentives: average $1,492 per vehicle, up from $1,009 a year earlier.
Ford Motor Co. July 2007 U.S. Auto Sales
* Car and light truck sales down 16.7 percent year-over-year after adjusting for sales days (195,245 units)
* Year-to-date sales down 12.2 percent
* Inventories at July-end were 496,000 units
* Retail/fleet mix: Retail sales down 17 percent/fleet sales down 26 percent
* Cars/trucks: Cars down 32.8 percent/trucks down 11 percent
* Market share: 13.7 percent
* Key vehicles: F-Series down 18.1 percent, Explorer down 29.3 percent, Expedition up 21.8 percent, Fusion down 31.3 percent
* Incentives: average $2,984 per vehicle, down from $3,109 a year earlier.
Honda Motor Co. July 2007 U.S. Auto Sales
* Car and light truck sales down 3.2 percent year-over-year after adjusting for sales days (141,049 units)
* Year-to-date sales up 1.1 percent
* Market share: 10.8 percent
* Cars/trucks: Cars down 1 percent/trucks down 6 percent
* Key vehicles: Accord up 1.7 percent, Civic up 1.4 percent, CR-V up 35 percent, Odyssey down 19.6 percent.
* Incentives: average $1,146 per vehicle, up from $1,324 a year earlier.
Chrysler Group July 2007 U.S. Auto Sales
* Car and light truck sales down 4.6 percent year-over-year after adjusting for sales days (137,728 units)
* Year-to-date sales down 2.8 percent * Inventories at July-end were 464,875 units, or a 81-day supply
* Cars/trucks: Cars up 17.6 percent/trucks down 9.9 percent
* Key vehicles: Jeep Wrangler up 16 percent, Dodge Ram pickup down 7 percent, Dodge Caliber down 23 percent.
* Incentives: average $4,082 per vehicle, up from $2,623 a year earlier.
Nissan Motor Co. Ltd. July 2007 U.S. Auto Sales
* Car and light truck sales up 5.9 percent year-over-year after adjusting for sales days (87,877 units)
* Year-to-date sales up 3.6 percent
* Market share: 6.7 percent
* Cars/trucks: Cars up 18.8 percent/trucks down 9.9 percent
* Key vehicles: Versa up 7.6 percent, Altima up 44.2 percent, Sentra down 4 percent, Titan up 4.5 percent.
* Incentives: average $2,290 per vehicle, down from year $2,618 a year earlier.
via theautochannel.com
The following are highlights from sales data released by the largest car makers in the U.S. market.
Overall Industry July 2007 U.S. Auto Sales
* Total light vehicle sales -- 1.3 million units, down 8.7 percent from a year earlier.
* July seasonally adjusted annualized rate of light vehicle sales (SAAR) -- 15.54 million units, down from 17.18 million in July 2007.
General Motors Corp. July 2007 U.S. Auto Sales
* Car and light truck sales down 18.5 percent after adjusting for sales days (320,935 units)
* Year-to-date sales down 9.4 percent
* Inventories at month-end: 940,000 units, roughly flat from year earlier
* Cars/trucks: Cars down 23 percent/light trucks down 16.4 percent * Market share: 23.9 percent
* Key vehicles: Chevrolet Impala down 16.5 percent, Chevrolet Malibu down 45.1 percent, Chevrolet Silverado down 26.4 percent, Chevrolet Tahoe down 7.9 percent, GMC Sierra down 27.9 percent.
* Incentives: average $3,130 per vehicle, down from $4,502 a year earlier.
* Production: Third-quarter North American production forecast unchanged at 1.1 million vehicles.
Toyota Motor Corp. July 2007 U.S. Auto Sales
* Car and light truck sales down 3.5 percent year-over-year after adjusting for sales days (224,058 units)
* Year-to-date sales up 5.5 percent
* Market share: 17.1 percent
* Cars/trucks: Cars down 8.2 percent/trucks up 3.7 percent
* Key vehicles: Tundra up 134.5 percent, Camry up 3.2 percent, Prius up 50.5 percent, Corolla down 25.9 percent, ES 350 down 7.8 percent * Incentives: average $1,492 per vehicle, up from $1,009 a year earlier.
Ford Motor Co. July 2007 U.S. Auto Sales
* Car and light truck sales down 16.7 percent year-over-year after adjusting for sales days (195,245 units)
* Year-to-date sales down 12.2 percent
* Inventories at July-end were 496,000 units
* Retail/fleet mix: Retail sales down 17 percent/fleet sales down 26 percent
* Cars/trucks: Cars down 32.8 percent/trucks down 11 percent
* Market share: 13.7 percent
* Key vehicles: F-Series down 18.1 percent, Explorer down 29.3 percent, Expedition up 21.8 percent, Fusion down 31.3 percent
* Incentives: average $2,984 per vehicle, down from $3,109 a year earlier.
Honda Motor Co. July 2007 U.S. Auto Sales
* Car and light truck sales down 3.2 percent year-over-year after adjusting for sales days (141,049 units)
* Year-to-date sales up 1.1 percent
* Market share: 10.8 percent
* Cars/trucks: Cars down 1 percent/trucks down 6 percent
* Key vehicles: Accord up 1.7 percent, Civic up 1.4 percent, CR-V up 35 percent, Odyssey down 19.6 percent.
* Incentives: average $1,146 per vehicle, up from $1,324 a year earlier.
Chrysler Group July 2007 U.S. Auto Sales
* Car and light truck sales down 4.6 percent year-over-year after adjusting for sales days (137,728 units)
* Year-to-date sales down 2.8 percent * Inventories at July-end were 464,875 units, or a 81-day supply
* Cars/trucks: Cars up 17.6 percent/trucks down 9.9 percent
* Key vehicles: Jeep Wrangler up 16 percent, Dodge Ram pickup down 7 percent, Dodge Caliber down 23 percent.
* Incentives: average $4,082 per vehicle, up from $2,623 a year earlier.
Nissan Motor Co. Ltd. July 2007 U.S. Auto Sales
* Car and light truck sales up 5.9 percent year-over-year after adjusting for sales days (87,877 units)
* Year-to-date sales up 3.6 percent
* Market share: 6.7 percent
* Cars/trucks: Cars up 18.8 percent/trucks down 9.9 percent
* Key vehicles: Versa up 7.6 percent, Altima up 44.2 percent, Sentra down 4 percent, Titan up 4.5 percent.
* Incentives: average $2,290 per vehicle, down from year $2,618 a year earlier.
via theautochannel.com
08-01-07 | 06:55 PM
#37
Lexus Fanatic
Joined: Jul 2001
Posts: 6,084
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From: California
Sure as heck no argument there and I don't want to read too much into one month's numbers but the S is staying competitive. Just hard to rationalize the almost 50% increase from June to July. Doesn't bode well for getting a deal.
08-01-07 | 08:43 PM
#39
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Joined: Mar 2005
Posts: 8,695
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From: CA
I wonder if a similar trend happened last year with the S? There were similar numbers posted for July 2006.
We are now entering a slow period IIRC, where the luxury makes kick off their 'special limited engagement' events to boost sales...such as Lexus' "The Event," Benz's "Summer of Love," etc.
We are now entering a slow period IIRC, where the luxury makes kick off their 'special limited engagement' events to boost sales...such as Lexus' "The Event," Benz's "Summer of Love," etc.
08-01-07 | 09:08 PM
#40
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Joined: Jun 2005
Posts: 2,184
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From: MA
The auto sales trend seems to suggest that the rich are thriving while
the average Joe is taking a beating. It will be interesting to see what
the impact of the housing collapse is going to be in the coming months
for these sales threads.
the average Joe is taking a beating. It will be interesting to see what
the impact of the housing collapse is going to be in the coming months
for these sales threads.
08-01-07 | 10:59 PM
#41
08-02-07 | 08:04 AM
#42
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Who like ugly SUVs and want a knock-off Lexus
Maybe a new lease is out for the S?
08-02-07 | 02:16 PM
#43
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From: California
08-02-07 | 05:29 PM
#44
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From: Canada
20 top-selling vehicles in the U.S. through July of 2007
Aug 1 (Reuters) - The following are the 20 top-selling
vehicles in the U.S. through July of 2007 as reported by the
automakers.
Following is a list of the top-20 selling vehicles, ranked by
total units.
http://www.reuters.com/article/econo...40862420070801
vehicles in the U.S. through July of 2007 as reported by the
automakers.
Following is a list of the top-20 selling vehicles, ranked by
total units.
Code:
RANK VEHICLE 2007 2006 '06 RANK % Chng 1 Ford F-Series P/U 411,926 469,159 1 -12.2 2 Chevy Silverado-C/K P/U 357,893 383,752 2 -6.7 3 Toyota Camry 282,044 260,409 3 +8.3 4 Toyota Corolla 231,940 239,103 6 -3.0 5 Honda Accord 219,488 216,159 5 +1.5 6 Dodge Ram P/U 214,569 215,967 4 -0.6 7 Honda Civic 201,652 193,663 7 +4.1 8 Chevrolet Impala 201,612 171,210 13 +17.8 9 Nissan Altima 164,717 134,628 9 +22.3 10 Honda CR-V 124,262 87,518 +42.0 11 GMC Sierra P/U 115,185 124,565 10 -7.5 12 Chevrolet Cobalt 112,287 143,913 15 -22.0 13 Toyota Prius 110,565 59,270 33 +86.5 14 Dodge Caravan 110,507 138,617 12 -20.3 15 Ford Focus 109,876 111,108 17 -1.1 16 Ford Econoline/Club Wagon 106,045 104,640 21 +1.3 17 Toyota Tundra 105,990 67,743 16 +56.5 18 Ford Escape 104,645 101,509 22 +3.1 19 Toyota-RAV4 101,618 89,770 35 +13.2 20 Honda Odyssey 94,479 106,815 20 -11.5