January 2009 Automobile Sales
02-03-09, 03:51 PM
#46
Speaks French in Russian
Audi Sales
Audi A5 and R8 Lead January Sales
- Despite headwinds, Audi expects market share gains in import luxury segment for January 2009
- Audi A5, Audi R8 sales increase more than 75% for the month
- Certified Pre-Owned sales remain strong
HERNDON, Va., Feb. 3 /PRNewswire/ -- Audi today announced sales for the month of January totaling 4,722 units, a decrease from record January sales in 2008. Audi predicts its share of the U.S. luxury vehicle market will increase when all January 2009 sales reports come in compared to year-earlier results.
The Audi A5 posted a 76.3% increase over last January with 603 units sold in January 2009. The Audi R8 broke its January sales record with over 107 units sold, an increase of 75.4% over January's sales a year ago.
"The softening economy creates challenges to our industry, but the Audi position in the market continues its upward trend. We are confident this momentum will leave Audi in a better position when the economy turns around," said Johan de Nysschen, President, Audi of America. "As demonstrated in our successful efforts surrounding the recent presidential inauguration and our Super Bowl presence, Audi intends to remain a top-of-mind choice for U.S. luxury car buyers."
Despite the challenging market, Audi Certified Pre-Owned (CPO) sales increased over this time last year, with 2,599 units sold this January.
ABOUT AUDI
Audi of America Inc. and its 270 dealers offer a full line of
German-engineered luxury vehicles. The Audi line up is one of the freshest in
the industry with 23 models, including 12 models launched during model years
2008 and 2009. Audi is among the most successful luxury automotive brands
globally. In selling one million vehicles worldwide in 2008, AUDI AG recorded
its 13th consecutive record year for sales growth. Visit www.audiusa.com or
www.audiusanews.com for more information regarding Audi vehicle and business
issues.
Code:
AUDI US SNAPSHOT --------YEAR TO DATE---------
Jan-09 Jan-08
Model Jan-09 Jan-08 Yr/Yr % YTD YTD Yr/Yr %
Line Actual Actual Change Actual Actual Change
A3 227 311 -27.0% 227 311 -27.0%
A4 2058 2914 -29.4% 2058 2914 -29.4%
A5 603 342 76.3% 603 342 76.3%
A6 776 983 -21.1% 776 983 -21.1%
A8 95 272 -65.1% 95 272 -65.1%
TT 157 326 -51.8% 157 326 -51.8%
R8 107 61 75.4% 107 61 75.4%
Q5 31 n/a n/a 31 n/a n/a
Q7 668 1209 -44.7% 668 1209 -44.7%
Total Audi
Sales 4722 6418 -26.4% 4722 6418 -26.4%
02-03-09, 03:54 PM
#47
Speaks French in Russian
BMW Sales
BMW Group U.S. Division Reports January Sales
BMW Group sales in the U.S. (BMW and MINI combined) down by 15.5 percent in January 2009.
WOODCLIFF LAKE, N.J., Feb. 3 /PRNewswire/ -- The BMW Group in the U.S. (BMW and MINI combined) reported January sales of 14,314 vehicles, a decrease of 15.5 percent over the 16,935 vehicles sold in the same month of 2008.
BMW Brand Sales
Sales of BMW brand vehicles decreased 15.5 percent in January for a total of 12,232 compared to 14,475 reported in the same month a year ago.
"We're in a definite 'toughing it out' mode and this has aided improving our market share this month," said Jim O'Donnell, President of BMW of North America, LLC. "It's meant focusing on the real basics of making sales and we've demonstrated this with our Certified Pre-Owned program continuing to be embraced as a good alternative by our dealers and consumers in the current climate and now we hope to add the momentum of the new 7 Series and Z4 coming out this spring."
BMW Automobile Sales
BMW's automobile sales are down 21.3 percent in January to 8,697 versus 11,053 in the same month of 2008.
BMW Sports Activity Vehicle Sales
Sales of BMW Sports Activity Vehicles increased 3.3 percent in January to 3,535 vehicles over the 3,422 sold in the same month a year ago.
MINI Brand Sales
MINI USA reported sales of 2,082 automobiles, down 15.4 percent from the 2,460 cars sold in January 2008.
"Consumers really are keeping their heads inside their shells this month," said Jim McDowell, Vice-President of MINI USA. "Showroom traffic is down but our internet vehicle configuration and early dealer website contact is above last year at this time, so we may be seeing early signs of stimulus expectation. Considering this, being 15 percent down was not a roaring start to the year but one we'll take as it still keeps us ahead of overall market momentum."
BMW Group sales in the U.S. (BMW and MINI combined) down by 15.5 percent in January 2009.
WOODCLIFF LAKE, N.J., Feb. 3 /PRNewswire/ -- The BMW Group in the U.S. (BMW and MINI combined) reported January sales of 14,314 vehicles, a decrease of 15.5 percent over the 16,935 vehicles sold in the same month of 2008.
BMW Brand Sales
Sales of BMW brand vehicles decreased 15.5 percent in January for a total of 12,232 compared to 14,475 reported in the same month a year ago.
"We're in a definite 'toughing it out' mode and this has aided improving our market share this month," said Jim O'Donnell, President of BMW of North America, LLC. "It's meant focusing on the real basics of making sales and we've demonstrated this with our Certified Pre-Owned program continuing to be embraced as a good alternative by our dealers and consumers in the current climate and now we hope to add the momentum of the new 7 Series and Z4 coming out this spring."
BMW Automobile Sales
BMW's automobile sales are down 21.3 percent in January to 8,697 versus 11,053 in the same month of 2008.
BMW Sports Activity Vehicle Sales
Sales of BMW Sports Activity Vehicles increased 3.3 percent in January to 3,535 vehicles over the 3,422 sold in the same month a year ago.
MINI Brand Sales
MINI USA reported sales of 2,082 automobiles, down 15.4 percent from the 2,460 cars sold in January 2008.
"Consumers really are keeping their heads inside their shells this month," said Jim McDowell, Vice-President of MINI USA. "Showroom traffic is down but our internet vehicle configuration and early dealer website contact is above last year at this time, so we may be seeing early signs of stimulus expectation. Considering this, being 15 percent down was not a roaring start to the year but one we'll take as it still keeps us ahead of overall market momentum."
Code:
Sales BMW of North America, LLC, January 2009
YTD YTD
Jan. 09 Jan. 08 % Jan. 09 Jan. 08 %
1 Series 716 0 N/A 716 0 N/A
3 Series 5,013 6,844 -26.8% 5,013 6,844 -26.8%
Z4 Roadster and
Coupe 45 363 -87.6% 45 363 -87.6%
5 Series 2,596 2,771 -6.3% 2,596 2,771 -6.3%
6 Series 304 365 -16.7% 304 365 -16.7%
7 Series 23 710 -96.8% 23 710 -96.8%
BMW passenger cars 8,697 11,053 -21.3% 8,697 11,053 -21.3%
------------------ ----- ------ ----- ----- ------ -----
X3 394 1,091 -63.9% 394 1,091 -63.9%
X5 2,875 2,331 23.3% 2,875 2,331 23.3%
X6 266 0 N/A 266 0 N/A
BMW light trucks
(SAVs) 3,535 3,422 3.3% 3,535 3,422 3.3%
----------------- ----- ----- --- ----- ----- ---
BMW brand 12,232 14,475 -15.5% 12,232 14,475 -15.5%
--------- ------ ------ ----- ------ ------ -----
Cooper /S Hardtop 1,482 2,157 -31.3% 1,482 2,157 -31.3%
Cooper /S
Convertible 46 303 -84.8% 46 303 -84.8%
Cooper /S Clubman 554 0 N/A 554 0 N/A
MINI brand 2,082 2,460 -15.4% 2,082 2,460 -15.4%
---------- ----- ----- ----- ----- ----- -----
TOTAL BMW of North
America, LLC 14,314 16,935 -15.5% 14,314 16,935 -15.5%
------------------ ------ ------ ----- ------ ------ -----
02-03-09, 04:03 PM
#48
Speaks French in Russian
Hyundai Sales UP 14%
Hyundai Motor America Reports January 2009 Sales
FOUNTAIN VALLEY, Calif., Feb. 3 /PRNewswire/ -- Hyundai Motor America today announced sales of 24,512 for the month of January, up 14 percent versus 2008 and 2 percent over December.
"We got off to a quick start in January thanks to the rollout of our all new Hyundai Assurance Program, which has struck a chord with the American consumer during these uncertain times," said Dave Zuchowski, Hyundai Motor America's vice president of national sales. "This momentum was further spurred by the announcement of Hyundai Genesis winning the North American Car of the Year award. We are encouraged by the strong start in January and are hopeful that this energy can be sustained into February as we launch the new Genesis Coupe and Elantra Touring."
Hyundai's Eastern sales region turned in the best sales performance in the country, with sales up 20 percent over last January. "Our dealers and consumers have embraced the Assurance Program in a big way," says Peter DiPersia, General Manager of the Eastern Region. "This program gets to the root cause of today's economic concerns - fear of job loss - and shows consumers we have faith in them, and faith in our economy."
All Hyundai vehicles sold in the U.S. are covered by The Hyundai Advantage, America's Best Warranty. Hyundai buyers are protected by a 10-year/100,000-mile powertrain warranty, a 5-year/60,000-mile bumper-to-bumper warranty, a 7-year/unlimited-mile anti-perforation warranty and 5-year/unlimited-mile roadside assistance protection in addition, the Hyundai Assurance Program is now offered on all new vehicles leased or purchased from a certified Hyundai dealer. The program is available to any consumer, regardless of age, health, employment record or financed amount of the vehicle. The program is complimentary for the first 12 months, and full-term upgrades are available. For additional information, logon to Hyundainews.com.
Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced by more than 780 dealerships nationwide.
FOUNTAIN VALLEY, Calif., Feb. 3 /PRNewswire/ -- Hyundai Motor America today announced sales of 24,512 for the month of January, up 14 percent versus 2008 and 2 percent over December.
"We got off to a quick start in January thanks to the rollout of our all new Hyundai Assurance Program, which has struck a chord with the American consumer during these uncertain times," said Dave Zuchowski, Hyundai Motor America's vice president of national sales. "This momentum was further spurred by the announcement of Hyundai Genesis winning the North American Car of the Year award. We are encouraged by the strong start in January and are hopeful that this energy can be sustained into February as we launch the new Genesis Coupe and Elantra Touring."
Hyundai's Eastern sales region turned in the best sales performance in the country, with sales up 20 percent over last January. "Our dealers and consumers have embraced the Assurance Program in a big way," says Peter DiPersia, General Manager of the Eastern Region. "This program gets to the root cause of today's economic concerns - fear of job loss - and shows consumers we have faith in them, and faith in our economy."
All Hyundai vehicles sold in the U.S. are covered by The Hyundai Advantage, America's Best Warranty. Hyundai buyers are protected by a 10-year/100,000-mile powertrain warranty, a 5-year/60,000-mile bumper-to-bumper warranty, a 7-year/unlimited-mile anti-perforation warranty and 5-year/unlimited-mile roadside assistance protection in addition, the Hyundai Assurance Program is now offered on all new vehicles leased or purchased from a certified Hyundai dealer. The program is available to any consumer, regardless of age, health, employment record or financed amount of the vehicle. The program is complimentary for the first 12 months, and full-term upgrades are available. For additional information, logon to Hyundainews.com.
Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced by more than 780 dealerships nationwide.
Code:
CARLINE JAN/2008 JAN/2009 CY/2008 CY/2009
------- -------- -------- ------- ------
ACCENT 2,941 3,560 2,941 3,560
SONATA 4,587 8,508 4,587 8,508
ELANTRA 5,615 3,307 5,615 3,307
TIBURON 603 390 603 390
SANTA FE 3,716 5,024 3,716 5,024
AZERA 1,143 294 1,143 294
TUCSON 1,373 974 1,373 974
ENTOURAGE 368 222 368 222
VERACRUZ 1,106 1,177 1,106 1,177
GENESIS 0 1,056 0 1,056
TOTAL 21,452 24,512 21,452 24,512
02-03-09, 04:05 PM
#49
Speaks French in Russian
Kia sales UP 3.5%
Kia Motors America Announces January Sales
Company Records Second Best January Sales Ever with 3.5-Percent Increase
IRVINE, Calif., Feb. 3 /PRNewswire/ -- Kia Motors America (KMA) today announced January sales of 22,096 units - an increase of 3.5 percent over January of 2008 and the second best January in the company's history. January sales were led by Sorento and Sportage, both posting significant increases over the same period last year.
Company Records Second Best January Sales Ever with 3.5-Percent Increase
IRVINE, Calif., Feb. 3 /PRNewswire/ -- Kia Motors America (KMA) today announced January sales of 22,096 units - an increase of 3.5 percent over January of 2008 and the second best January in the company's history. January sales were led by Sorento and Sportage, both posting significant increases over the same period last year.
Code:
MONTH OF JANUARY YEAR-TO-DATE
Model 2009 2008 2009 2008
Rio 1,656 2,709 1,656 2,709
Spectra 5,810 4,858 5,810 4,858
Optima 2,198 3,986 2,198 3,986
Amanti 183 199 183 199
Sportage 4,129 3,064 4,129 3,064
Sorento 3,621 1,213 3,621 1,213
Sedona 2,570 2,100 2,570 2,100
Rondo 1,657 3,226 1,657 3,226
Borrego 272 n/a 272 n/a
Total 22,096 21,355 22,096 21,355
02-03-09, 04:07 PM
#50
Speaks French in Russian
Mazda Sales
Mazda Reports January 2009 Sales
IRVINE, Calif., Feb. 3 /PRNewswire/ -- Mazda North American Operations (MNAO) today reported January 2009 sales of 15,420, down 27.3 percent versus last year.
Leading the way for the month, MAZDA3 sales were up 16.3 percent over last year, while the all-new 2010 MAZDA3 arrives in dealerships across the country in the first quarter of this year.
"The new year is already starting to look a lot like the last half of 2008," said Jim O'Sullivan, president and CEO, MNAO. "We expect the first half of the year to be tough going, but are looking toward an up-turn come the second half, with an annual industry projection in the 11-million range for the year."
Mazda Motor de Mexico (MMdM) celebrated its best-ever January with sales of 1,933 vehicles, up four percent versus last year. The all-new MAZDA3 had a great month, selling 209 vehicles, 28 percent of the total MAZDA3 sales. Mazda Canada Inc. (MCI) reported January sales of 4,150 units, down 12.3 percent versus last year.
Headquartered in Irvine, Calif., Mazda North American Operations oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States, Canada, Mexico and Puerto Rico through nearly 900 dealers. Operations in Canada are managed by Mazda Canada, Inc., located in Ontario; in Mexico by Mazda Motor de Mexico in Mexico City; and in Puerto Rico by Mazda de Puerto Rico in San Juan.
IRVINE, Calif., Feb. 3 /PRNewswire/ -- Mazda North American Operations (MNAO) today reported January 2009 sales of 15,420, down 27.3 percent versus last year.
Leading the way for the month, MAZDA3 sales were up 16.3 percent over last year, while the all-new 2010 MAZDA3 arrives in dealerships across the country in the first quarter of this year.
"The new year is already starting to look a lot like the last half of 2008," said Jim O'Sullivan, president and CEO, MNAO. "We expect the first half of the year to be tough going, but are looking toward an up-turn come the second half, with an annual industry projection in the 11-million range for the year."
Mazda Motor de Mexico (MMdM) celebrated its best-ever January with sales of 1,933 vehicles, up four percent versus last year. The all-new MAZDA3 had a great month, selling 209 vehicles, 28 percent of the total MAZDA3 sales. Mazda Canada Inc. (MCI) reported January sales of 4,150 units, down 12.3 percent versus last year.
Headquartered in Irvine, Calif., Mazda North American Operations oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States, Canada, Mexico and Puerto Rico through nearly 900 dealers. Operations in Canada are managed by Mazda Canada, Inc., located in Ontario; in Mexico by Mazda Motor de Mexico in Mexico City; and in Puerto Rico by Mazda de Puerto Rico in San Juan.
Code:
Month-To-Date Year-To-Date
------------- ------------
January January % % MTD January January % % YTD
2009 2008 Change DSR 2009 2008 Change DSR
---- ---- ------ --- ---- ---- ------ ---
Mazda3 7,649 6,579 16.3% 11.8% 7,649 6,579 16.3% 11.8%
Mazda5 1,340 1,699 (21.1)% (24.2)% 1,340 1,699 (21.1)% (24.2)%
Mazda6 2,529 6,333 (60.1)% (61.6)% 2,529 6,333 (60.1)% (61.6)%
MX-5
Miata 419 660 (36.5)% (39.0)% 419 660 (36.5)% (39.0)%
RX-8 156 260 (40.0)% (42.3)% 156 260 (40.0)% (42.3)%
CX-7 1,164 2,555 (54.4)% (56.2)% 1,164 2,555 (54.4)% (56.2)%
CX-9 1,733 1,850 (6.3)% (9.9)% 1,733 1,850 (6.3)% (9.9)%
Tribute 397 1,158 (65.7)% (67.0)% 397 1,158 (65.7)% (67.0)%
B-Series
Truck 33 118 (72.0)% (73.1)% 33 118 (72.0)% (73.1)%
Total
Vehicles
---------
CARS 12,093 15,531 (22.1)% (25.1)% 12,093 15,531 (22.1)% (25.1)%
TRUCKS 3,327 5,681 (41.4)% (43.7)% 3,327 5,681 (41.4)% (43.7)%
----- ----- ----- ----- ----- -----
TOTAL 15,420 21,212 (27.3)% (30.1)% 15,420 21,212 (27.3)% (30.1)%
====== ====== ===== ===== ====== ====== ===== =====
-----
MEMO:
-----
IMPORT
CAR 9,564 9,198 4.0% 9,564 9,198 4.0%
IMPORT
TRUCK 2,897 4,405 (34.2)% 2,897 4,405 (34.2)%
----- ----- ----- ----- ----- -----
IMPORT
TOTAL 12,461 13,603 (8.4)% 12,461 13,603 (8.4)%
DOMESTIC
CAR 2,529 6,333 (60.1)% 2,529 6,333 (60.1)%
DOMESTIC
TRUCK 430 1,276 (66.3)% 430 1,276 (66.3)%
--- ----- ----- --- ----- -----
DOMESTIC
TOTALS 2,959 7,609 (61.1)% 2,959 7,609 (61.1)%
----- ----- ----- ----- ----- -----
Selling
Days 26 25 26 25
-------
Note: MPV is a discontinued vehicle.
02-03-09, 04:08 PM
#51
Speaks French in Russian
Mitsubishi Motors Reports January Sales
CYPRESS, Calif., Feb. 3 /PRNewswire/ -- Mitsubishi Motors today announced January 2009 sales of 4,730.
This is an improvement of 3.5% from last month's sales of 4,570 (December 2008) and a decrease of 34.5 percent compared to January 2008 sales of 7,226.
CYPRESS, Calif., Feb. 3 /PRNewswire/ -- Mitsubishi Motors today announced January 2009 sales of 4,730.
This is an improvement of 3.5% from last month's sales of 4,570 (December 2008) and a decrease of 34.5 percent compared to January 2008 sales of 7,226.
02-03-09, 04:09 PM
#52
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Join Date: May 2006
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I know the economy is in bad shape but LOL at those numbers.
Is a redesigned X3 on the way to justify the low numbers?
Code:
Sales BMW of North America, LLC, January 2009
YTD YTD
Jan. 09 Jan. 08 % Jan. 09 Jan. 08 %
------------------ ----- ------ ----- ----- ------ -----
X3 394 1,091 -63.9% 394 1,091 -63.9%
X6 266 0 N/A 266 0 N/A
----------------- ----- ----- --- ----- ----- ---
02-03-09, 04:11 PM
#53
Speaks French in Russian
Chrysler LLC Announces January 2009 U.S. Sales
Chrysler LLC Announces January 2009 U.S. Sales
- Jeep(R) Wrangler sales increased 4 percent (6,362 units) compared to January 2008 (6,137 units).
- Dodge Journey sales continued to climb as sales reached 3,092 units.
- Dodge Challenger sales reached 2,757 units, up 6 percent over December 2008.
- Dodge Avenger sales increased 6 percent (2,171 units) versus December 2008.
- The Company finished the month with 359,980 units of inventory, or a 151-day supply. Inventory is down 13 percent compared with January 2008, when it totaled 413,874 units.
AUBURN HILLS, Mich., Feb. 3 /PRNewswire-FirstCall/ -- Chrysler LLC today reported total January 2009 U.S. sales of 62,157 units, down 55 percent versus the same month in 2008 (137,392 units), and down 31 percent from December 2008 (89,813 units). Total sales were suppressed by a significant reduction in fleet sales, which is aligned with the Company's sales strategy helping to maintain or improve the overall residual value of Chrysler vehicles for our customers. Fleet sales were down 81 percent for January compared to the same time last year.
"Chrysler LLC received the first $4 billion installment of our $7 billion bridge loan from the U.S. Treasury in early January," said Jim Press, President and Vice Chairman -- Chrysler LLC. "However, it wasn't until later in the month that Chrysler Financial received its $1.5 billion loan, greatly enhancing its ability to support our dealers and provide credit to our customers. We were very encouraged and working closely with Chrysler Financial, were immediately able to introduce our zero percent financing for customers."
Press emphasized the financial crisis still looms and must be modified to allow dealers to stock more vehicles and to provide customers with the financing to purchase those vehicles. "While the government has made funds available to stimulate the market, these funds carry limitations, including stringent lending guidelines and conduit restrictions. At the same time, many financial lenders are also operating with tighter standards and significantly increased reserves to hold their credit rating. All these factors have limited the amount of funds that the financial institutions can make available to consumers for the purchase of Chrysler vehicles, making it more difficult for us to close sales," he said.
January Sales Highlights
-- Jeep(R) Wrangler sales increased 4 percent (6,362 units) compared to January 2008 (6,137 units).
-- Dodge Journey sales continued to climb as sales reached 3,092 units.
-- Dodge Challenger sales reached 2,757 units, up 6 percent over December 2008.
-- Dodge Avenger sales increased 6 percent (2,171 units) versus December 2008.
-- The Company finished the month with 359,980 units of inventory, or a 151-day supply. Inventory is down 13 percent compared with January 2008, when it totaled 413,874 units.
"Consumer credit, versus consumer demand, influenced our January retail results. We saw a negative trend in December, we're seeing it again this month and we could see it for the year. Many more consumers wanted to buy a vehicle than could qualify for financing under the current credit conditions," said Steven Landry, Executive Vice President, Sales, Marketing, MOPAR Parts and Service. "But, even though the economic environment remains extraordinarily difficult, near the end of the month we began to gain some sales traction with zero percent financing available through Chrysler Financial, and the addition of our new Chrysler Employee Pricing Plus Plus incentive."
Chrysler estimated in its submission to Congress last year that the industry would sell 11.1 million units during calendar year 2009. However, the Company currently believes that if the January trend for the SAAR continues, the industry could see 10 million units or fewer sold during the year, due to the reduction of consumer credit and tightening of the lending standards.
-- Dealer retail was down 35 percent, compared to industry retail, which was down 30 percent.
-- Fleet sales dropped 81 percent from last January, as outlined in the Company's viability plan.
-- Inventory reduction and day supply was very helpful to our dealers in reducing floorplan costs.
February Incentives
Chrysler LLC will continue the Employee Pricing Plus Plus program through February, which offers the employee price to all customers purchasing or leasing a new 2008 or 2009 Chrysler, Jeep(R) or Dodge vehicle. In addition to the employee price, customers are eligible for cash discounts of up to $3,500 for 2009 model year vehicles and up to $6,000 on 2008 model year vehicles. Chrysler Financial is also offering zero percent financing to qualified customers for up to 48 months. Other finance terms and rates are also available.
- Jeep(R) Wrangler sales increased 4 percent (6,362 units) compared to January 2008 (6,137 units).
- Dodge Journey sales continued to climb as sales reached 3,092 units.
- Dodge Challenger sales reached 2,757 units, up 6 percent over December 2008.
- Dodge Avenger sales increased 6 percent (2,171 units) versus December 2008.
- The Company finished the month with 359,980 units of inventory, or a 151-day supply. Inventory is down 13 percent compared with January 2008, when it totaled 413,874 units.
AUBURN HILLS, Mich., Feb. 3 /PRNewswire-FirstCall/ -- Chrysler LLC today reported total January 2009 U.S. sales of 62,157 units, down 55 percent versus the same month in 2008 (137,392 units), and down 31 percent from December 2008 (89,813 units). Total sales were suppressed by a significant reduction in fleet sales, which is aligned with the Company's sales strategy helping to maintain or improve the overall residual value of Chrysler vehicles for our customers. Fleet sales were down 81 percent for January compared to the same time last year.
"Chrysler LLC received the first $4 billion installment of our $7 billion bridge loan from the U.S. Treasury in early January," said Jim Press, President and Vice Chairman -- Chrysler LLC. "However, it wasn't until later in the month that Chrysler Financial received its $1.5 billion loan, greatly enhancing its ability to support our dealers and provide credit to our customers. We were very encouraged and working closely with Chrysler Financial, were immediately able to introduce our zero percent financing for customers."
Press emphasized the financial crisis still looms and must be modified to allow dealers to stock more vehicles and to provide customers with the financing to purchase those vehicles. "While the government has made funds available to stimulate the market, these funds carry limitations, including stringent lending guidelines and conduit restrictions. At the same time, many financial lenders are also operating with tighter standards and significantly increased reserves to hold their credit rating. All these factors have limited the amount of funds that the financial institutions can make available to consumers for the purchase of Chrysler vehicles, making it more difficult for us to close sales," he said.
January Sales Highlights
-- Jeep(R) Wrangler sales increased 4 percent (6,362 units) compared to January 2008 (6,137 units).
-- Dodge Journey sales continued to climb as sales reached 3,092 units.
-- Dodge Challenger sales reached 2,757 units, up 6 percent over December 2008.
-- Dodge Avenger sales increased 6 percent (2,171 units) versus December 2008.
-- The Company finished the month with 359,980 units of inventory, or a 151-day supply. Inventory is down 13 percent compared with January 2008, when it totaled 413,874 units.
"Consumer credit, versus consumer demand, influenced our January retail results. We saw a negative trend in December, we're seeing it again this month and we could see it for the year. Many more consumers wanted to buy a vehicle than could qualify for financing under the current credit conditions," said Steven Landry, Executive Vice President, Sales, Marketing, MOPAR Parts and Service. "But, even though the economic environment remains extraordinarily difficult, near the end of the month we began to gain some sales traction with zero percent financing available through Chrysler Financial, and the addition of our new Chrysler Employee Pricing Plus Plus incentive."
Chrysler estimated in its submission to Congress last year that the industry would sell 11.1 million units during calendar year 2009. However, the Company currently believes that if the January trend for the SAAR continues, the industry could see 10 million units or fewer sold during the year, due to the reduction of consumer credit and tightening of the lending standards.
-- Dealer retail was down 35 percent, compared to industry retail, which was down 30 percent.
-- Fleet sales dropped 81 percent from last January, as outlined in the Company's viability plan.
-- Inventory reduction and day supply was very helpful to our dealers in reducing floorplan costs.
February Incentives
Chrysler LLC will continue the Employee Pricing Plus Plus program through February, which offers the employee price to all customers purchasing or leasing a new 2008 or 2009 Chrysler, Jeep(R) or Dodge vehicle. In addition to the employee price, customers are eligible for cash discounts of up to $3,500 for 2009 model year vehicles and up to $6,000 on 2008 model year vehicles. Chrysler Financial is also offering zero percent financing to qualified customers for up to 48 months. Other finance terms and rates are also available.
Code:
Chrysler LLC U.S. Sales Summary Thru January 2009
Month Sales Vol % Sales CYTD Vol %
Model Curr Yr Pr Yr Change Curr Yr Pr Yr Change
Sebring 1,943 9,178 -79% 1,943 9,178 -79%
300 2,250 7,750 -71% 2,250 7,750 -71%
Crossfire 43 124 -65% 43 124 -65%
PT Cruiser 947 4,762 -80% 947 4,762 -80%
Aspen 886 2,570 -66% 886 2,570 -66%
Pacifica 324 897 -64% 324 897 -64%
Town & Country 4,292 9,091 -53% 4,292 9,091 -53%
CHRYSLER BRAND 10,685 34,372 -69% 10,685 34,372 -69%
Compass 819 2,685 -69% 819 2,685 -69%
Patriot 2,114 4,489 -53% 2,114 4,489 -53%
Wrangler 6,362 6,137 4% 6,362 6,137 4%
Liberty 3,343 8,331 -60% 3,343 8,331 -60%
Grand Cherokee 3,124 7,828 -60% 3,124 7,828 -60%
Commander 1,072 3,666 -71% 1,072 3,666 -71%
JEEP BRAND 16,834 33,136 -49% 16,834 33,136 -49%
Caliber 2,400 10,885 -78% 2,400 10,885 -78%
Avenger 2,171 7,185 -70% 2,171 7,185 -70%
Charger 4,028 7,972 -49% 4,028 7,972 -49%
Challenger 2,757 0 0% 2,757 0 0%
Viper 127 73 74% 127 73 74%
Magnum 27 2,342 -99% 27 2,342 -99%
Dakota 1,459 2,076 -30% 1,459 2,076 -30%
Ram P/U 12,843 19,902 -35% 12,843 19,902 -35%
Journey 3,092 0 0% 3,092 0 0%
Caravan 3,219 8,095 -60% 3,219 8,095 -60%
Durango 502 3,833 -87% 502 3,833 -87%
Nitro 1,530 6,119 -75% 1,530 6,119 -75%
Sprinter 483 1,402 -66% 483 1,402 -66%
DODGE BRAND 34,638 69,884 -50% 34,638 69,884 -50%
TOTAL CHRYSLER LLC 62,157 137,392 -55% 62,157 137,392 -55%
TOTAL CAR 15,747 45,763 -66% 15,747 45,763 -66%
TOTAL TRUCK 46,410 91,629 -49% 46,410 91,629 -49%
Selling Days 26 25 26 25
02-03-09, 04:15 PM
#54
Speaks French in Russian
GM down 49%
http://media.gm.com/servlet/GatewayS...=6&docid=51817
GM Reports 129,227 Deliveries in January
* New products and GMAC financing help stabilize retail share above 21 percent for the second consecutive month
* Cars and crossovers were 65 percent of GM retail vehicles sold
* "Presidents Day Sale" begins with 0 percent APR or bonus cash offers on select vehicles for qualified buyers
DETROIT - Driven by an 80 percent reduction in fleet sales, General Motors dealers in the United States delivered 129,227 vehicles in January, down 49 percent compared with a year ago. Retail sales were off 38 percent, but retail market share held steady compared with December. GM's retail share performance was assisted by reduced-rate APR financing capacity through GMAC and a GM loyalty cash offer. GM January total car sales of 43,943 were off 58 percent and total truck sales (including crossovers) of 85,284 were down 42 percent compared with a year ago. Additionally, retail sales for GM cars and crossovers combined were about 65 percent of sales mix in the month.
"We're attacking this unprecedented market as aggressively as possible, while offering more vehicles than ever that provide great value and that Americans enjoy owning," said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing. "Our retail market share is a bright spot, holding steady above 21 percent for the second month in a row. That's a full point above the trailing 12-month average. It's important to realize that we accomplished this retail performance as the overall market ran about 6 million vehicles behind where it was last January (on a seasonally-adjusted annual rate) and every manufacturer was deeply impacted."
The newly-launched Chevrolet Traverse crossover continues to gain traction in the market place with total sales of more than 5,200 vehicles. Chevrolet's crossovers, HHR, Equinox and Traverse had 11,666 retail sales, a 10 percent increase compared with last year. The strength of Traverse's launch helped push retail sales of all GM crossovers to 20 percent of all retail vehicles sold by the automaker in January, up about 3 percentage points from a year ago.
"It is important for America to realize that in cars and crossovers, Chevy is fully competitive with Toyota and Honda and continues to gain strength. The Malibu is performing well and the Traverse is building momentum," LaNeve added. "We're doing our part to get vehicle sales moving again. For example, GMAC is providing more reduced-rate APR financing capacity with the Presidents Day Sale, and we're offering bonus cash on select models. Additionally, our national roll-out of the credit union 'Invest in America' program offers supplier pricing and available credit union financing for millions of members."
A total of 923 GM hybrid vehicles were delivered in the month, illustrating the wide range of hybrid product offerings available. GM offers the Chevrolet Tahoe, GMC Yukon and Cadillac Escalade 2-mode hybrid SUVs, the Chevrolet Malibu and Saturn Aura mid-size sedan, and Saturn Vue compact crossover hybrids.
GM has announced reductions in first quarter production to adjust inventories for marketplace demand. This strategic move helped reduce inventories and related costs for GM and its dealers during this historic downturn, but the lack of production also meant that fleet vehicles, which typically are built to order, have been delayed. GM's fleet sales of just over 13,000 vehicles in January were at their lowest levels since 1975.
GM inventories dropped compared with a year ago. At the end of January, only about 801,000 vehicles were in stock, down about 103,000 vehicles (or 11 percent) compared with last year. There were about 363,000 cars and 438,000 trucks (including crossovers) in inventory at the end of January. Inventories were reduced about 70,000 vehicles compared with December. Importantly, of the pickup trucks in stock, 96 percent of the GMC Sierras and 97 percent of the Chevrolet Silverados are all-new 2009 models.
GM Reports 129,227 Deliveries in January
* New products and GMAC financing help stabilize retail share above 21 percent for the second consecutive month
* Cars and crossovers were 65 percent of GM retail vehicles sold
* "Presidents Day Sale" begins with 0 percent APR or bonus cash offers on select vehicles for qualified buyers
DETROIT - Driven by an 80 percent reduction in fleet sales, General Motors dealers in the United States delivered 129,227 vehicles in January, down 49 percent compared with a year ago. Retail sales were off 38 percent, but retail market share held steady compared with December. GM's retail share performance was assisted by reduced-rate APR financing capacity through GMAC and a GM loyalty cash offer. GM January total car sales of 43,943 were off 58 percent and total truck sales (including crossovers) of 85,284 were down 42 percent compared with a year ago. Additionally, retail sales for GM cars and crossovers combined were about 65 percent of sales mix in the month.
"We're attacking this unprecedented market as aggressively as possible, while offering more vehicles than ever that provide great value and that Americans enjoy owning," said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing. "Our retail market share is a bright spot, holding steady above 21 percent for the second month in a row. That's a full point above the trailing 12-month average. It's important to realize that we accomplished this retail performance as the overall market ran about 6 million vehicles behind where it was last January (on a seasonally-adjusted annual rate) and every manufacturer was deeply impacted."
The newly-launched Chevrolet Traverse crossover continues to gain traction in the market place with total sales of more than 5,200 vehicles. Chevrolet's crossovers, HHR, Equinox and Traverse had 11,666 retail sales, a 10 percent increase compared with last year. The strength of Traverse's launch helped push retail sales of all GM crossovers to 20 percent of all retail vehicles sold by the automaker in January, up about 3 percentage points from a year ago.
"It is important for America to realize that in cars and crossovers, Chevy is fully competitive with Toyota and Honda and continues to gain strength. The Malibu is performing well and the Traverse is building momentum," LaNeve added. "We're doing our part to get vehicle sales moving again. For example, GMAC is providing more reduced-rate APR financing capacity with the Presidents Day Sale, and we're offering bonus cash on select models. Additionally, our national roll-out of the credit union 'Invest in America' program offers supplier pricing and available credit union financing for millions of members."
A total of 923 GM hybrid vehicles were delivered in the month, illustrating the wide range of hybrid product offerings available. GM offers the Chevrolet Tahoe, GMC Yukon and Cadillac Escalade 2-mode hybrid SUVs, the Chevrolet Malibu and Saturn Aura mid-size sedan, and Saturn Vue compact crossover hybrids.
GM has announced reductions in first quarter production to adjust inventories for marketplace demand. This strategic move helped reduce inventories and related costs for GM and its dealers during this historic downturn, but the lack of production also meant that fleet vehicles, which typically are built to order, have been delayed. GM's fleet sales of just over 13,000 vehicles in January were at their lowest levels since 1975.
GM inventories dropped compared with a year ago. At the end of January, only about 801,000 vehicles were in stock, down about 103,000 vehicles (or 11 percent) compared with last year. There were about 363,000 cars and 438,000 trucks (including crossovers) in inventory at the end of January. Inventories were reduced about 70,000 vehicles compared with December. Importantly, of the pickup trucks in stock, 96 percent of the GMC Sierras and 97 percent of the Chevrolet Silverados are all-new 2009 models.
02-03-09, 04:16 PM
#55
Lexus Fanatic
Most likely, the fleet sales were way down because not as many people are travelling now and renting cars. So, rental car companies have little incentive to replace some of their older cars. Taxi companies are probably not as affected as much as rental firms, because people need cabs all the time, but Chrysler products are not widely sought after by cab drivers and cab companies because of their rather poor build quality.
Last edited by mmarshall; 02-03-09 at 04:19 PM.
02-03-09, 04:17 PM
#56
Speaks French in Russian
Have to applaud Hyundai/Kia with their sales gains last month. Seems like people are still buying there vehicles. Great value, great warranty coverage, and also the new Assurance program is probably drawing in a lot of first time Hyundai/Kia buyers. 
02-03-09, 05:35 PM
#57
Super Moderator
Auto sales worst in 26 years
January sales tumble more than expected at GM, Ford and Toyota as rental car companies slash purchases.
By Chris Isidore, CNNMoney.com senior writer
Last Updated: February 3, 2009: 5:26 PM ET
Automakers across the industry reported sharply lower sales in January, as rental car companies pulled way back on purchases and consumer demand stayed weak.
NEW YORK (CNNMoney.com) -- Auto sales tumbled 38% in January, plunging even more than expected to their worst levels since 1982 as a pullback in purchases by rental car companies became the latest problem for the troubled industry.
General Motors (GM, Fortune 500) reported that its sales plunged 49% from a year ago. Ford Motor (F, Fortune 500) said sales fell 39% at its Ford, Lincoln and Mercury brands, and 40% overall when including sales at Volvo, which Ford is trying to sell. Chrysler LLC reported a 55% drop in sales.
But it wasn't just the U.S. automakers reporting sharply lower sales. Toyota Motor (TM) reported a 32% decrease in its U.S. sales, while sales at Honda Motor (HMC) tumbled 28%. Nissan (NSANY) sales fell 30%.
"We are facing unprecedented times in the industry, and no auto company is immune from current market conditions," said **** Colliver, executive vice president of sales for American Honda, in a statement.
The sales results were all worse than forecasts from sales tracker Edmunds.com, which had predicted that GM's sales would tumble 38%, along with a 30% drop at Ford and a 48% plunge at Chrysler. It had also forecast a 25% decline at Toyota, a 23% drop at Honda and a 28% decrease at Nissan.
Overall, Edmunds.com was expecting a 30% decline in year-over-year sales for the industry
Sales tracker Autodata said the seasonally-adjusted annual sales rate, or SAAR, fell to 9.6 million from 15.4 million a year earlier. That is the first time it has been below the 10 million mark in more than 26 years. GM's director of sales analysis Mike DiGiovanni said that January will mark the first month on record that auto sales in the United States trailed sales in China.
The dismal January sales, which were down 27% from December, are an indication that the problems that almost drove GM and Chrysler into bankruptcy last month show little signs of letting up.
Big drop in rental car sales
Executives at all three U.S. automakers said the decline was due primarily to significantly lower fleet sales to large business customers, such as rental car companies.
The plunge in demand for travel and rental cars caused leading companies such as Enterprise and former Ford unit Hertz (HTZ, Fortune 500) to pull back on their purchases last month.
As recently as December, fleet sales made up 22% of total industry sales, said George Pipas, Ford's director of sales analysis. But he added that industrywide fleet sales plunged 65% to 70% in January from year-ago levels, and that they would account for no more than 12% of total industry sales in January.
GM said its fleet sales fell 80% in the month, and that only 1,000 cars out of 12,000 total fleet sales went to rental companies. Chrysler reported a 81% drop in fleet sales, and Ford's fleet sales were off 65% in January.
Chrysler Vice Chairman Jim Press said during a conference call that Chrysler deliberately moved away from fleet sales to concentrate on sales to consumers, which is more profitable. He said it is better to shut plant capacity than keep them running to supply the rental industry.
"It's much healthier to have good, retail sales," he said.
But Mark LaNeve, vice president of sales for GM North America, said that while GM has also been backing away from fleet sales in recent years, it is looking for any sales in this environment.
"We'll take all the [fleet] volume we can get," said LaNeve. "We're aggressively going after it."
Sales to consumers fell sharply as well
The pain wasn't just in fleet sales though. GM reported a 38% drop in retail sales, while Chrysler retail sales fell 35%. Ford reported that retail sales were down 27% from a year earlier. GM's sales' woes were widespread; out of nearly 100 models, virtually all posted double-digit percentage declines in sales.
GM said that its former finance arm, GMAC, started making more car loans during January after it was granted bank holding company status and received $6 billion in federal funds directed to helping the nation's banks. GMAC provided little financing for GM buyers during the fourth quarter.
"We did get GMAC back in the game," LaNeve said. "We think that bodes well for February and beyond."
But LaNeve said GMAC still provided financing on only about 5,000 vehicles during the month, or less than 5% of its sales, well off of the more than 50% of GM sales it used to finance.
Beyond the credit squeeze, weak consumer confidence also hit sales in the month, according to Jesse Toprak, executive director of industry analysis for Edmunds.com.
He said he doesn't expect sales in the coming months to improve significantly as long as there are so many worries about job losses and the overall economy. People are likely to hang on to their older cars instead of buying new ones.
"A lot of consumers are realizing what they have now is good enough until the dust settles," he said.
Still, Korean automaker Hyundai, which is offering buyers a chance to return a car to the automaker should they lose their jobs, bucked the trend in January. Hyundai sales were up 14% from year ago levels.
"They may have hit a chord," Toprak said. "That may be the new creative way to go for automakers in terms of promotion."
First Published: February 3, 2009: 12:08 PM ET
January sales tumble more than expected at GM, Ford and Toyota as rental car companies slash purchases.
By Chris Isidore, CNNMoney.com senior writer
Last Updated: February 3, 2009: 5:26 PM ET
Automakers across the industry reported sharply lower sales in January, as rental car companies pulled way back on purchases and consumer demand stayed weak.
NEW YORK (CNNMoney.com) -- Auto sales tumbled 38% in January, plunging even more than expected to their worst levels since 1982 as a pullback in purchases by rental car companies became the latest problem for the troubled industry.
General Motors (GM, Fortune 500) reported that its sales plunged 49% from a year ago. Ford Motor (F, Fortune 500) said sales fell 39% at its Ford, Lincoln and Mercury brands, and 40% overall when including sales at Volvo, which Ford is trying to sell. Chrysler LLC reported a 55% drop in sales.
But it wasn't just the U.S. automakers reporting sharply lower sales. Toyota Motor (TM) reported a 32% decrease in its U.S. sales, while sales at Honda Motor (HMC) tumbled 28%. Nissan (NSANY) sales fell 30%.
"We are facing unprecedented times in the industry, and no auto company is immune from current market conditions," said **** Colliver, executive vice president of sales for American Honda, in a statement.
The sales results were all worse than forecasts from sales tracker Edmunds.com, which had predicted that GM's sales would tumble 38%, along with a 30% drop at Ford and a 48% plunge at Chrysler. It had also forecast a 25% decline at Toyota, a 23% drop at Honda and a 28% decrease at Nissan.
Overall, Edmunds.com was expecting a 30% decline in year-over-year sales for the industry
Sales tracker Autodata said the seasonally-adjusted annual sales rate, or SAAR, fell to 9.6 million from 15.4 million a year earlier. That is the first time it has been below the 10 million mark in more than 26 years. GM's director of sales analysis Mike DiGiovanni said that January will mark the first month on record that auto sales in the United States trailed sales in China.
The dismal January sales, which were down 27% from December, are an indication that the problems that almost drove GM and Chrysler into bankruptcy last month show little signs of letting up.
Big drop in rental car sales
Executives at all three U.S. automakers said the decline was due primarily to significantly lower fleet sales to large business customers, such as rental car companies.
The plunge in demand for travel and rental cars caused leading companies such as Enterprise and former Ford unit Hertz (HTZ, Fortune 500) to pull back on their purchases last month.
As recently as December, fleet sales made up 22% of total industry sales, said George Pipas, Ford's director of sales analysis. But he added that industrywide fleet sales plunged 65% to 70% in January from year-ago levels, and that they would account for no more than 12% of total industry sales in January.
GM said its fleet sales fell 80% in the month, and that only 1,000 cars out of 12,000 total fleet sales went to rental companies. Chrysler reported a 81% drop in fleet sales, and Ford's fleet sales were off 65% in January.
Chrysler Vice Chairman Jim Press said during a conference call that Chrysler deliberately moved away from fleet sales to concentrate on sales to consumers, which is more profitable. He said it is better to shut plant capacity than keep them running to supply the rental industry.
"It's much healthier to have good, retail sales," he said.
But Mark LaNeve, vice president of sales for GM North America, said that while GM has also been backing away from fleet sales in recent years, it is looking for any sales in this environment.
"We'll take all the [fleet] volume we can get," said LaNeve. "We're aggressively going after it."
Sales to consumers fell sharply as well
The pain wasn't just in fleet sales though. GM reported a 38% drop in retail sales, while Chrysler retail sales fell 35%. Ford reported that retail sales were down 27% from a year earlier. GM's sales' woes were widespread; out of nearly 100 models, virtually all posted double-digit percentage declines in sales.
GM said that its former finance arm, GMAC, started making more car loans during January after it was granted bank holding company status and received $6 billion in federal funds directed to helping the nation's banks. GMAC provided little financing for GM buyers during the fourth quarter.
"We did get GMAC back in the game," LaNeve said. "We think that bodes well for February and beyond."
But LaNeve said GMAC still provided financing on only about 5,000 vehicles during the month, or less than 5% of its sales, well off of the more than 50% of GM sales it used to finance.
Beyond the credit squeeze, weak consumer confidence also hit sales in the month, according to Jesse Toprak, executive director of industry analysis for Edmunds.com.
He said he doesn't expect sales in the coming months to improve significantly as long as there are so many worries about job losses and the overall economy. People are likely to hang on to their older cars instead of buying new ones.
"A lot of consumers are realizing what they have now is good enough until the dust settles," he said.
Still, Korean automaker Hyundai, which is offering buyers a chance to return a car to the automaker should they lose their jobs, bucked the trend in January. Hyundai sales were up 14% from year ago levels.
"They may have hit a chord," Toprak said. "That may be the new creative way to go for automakers in terms of promotion."
First Published: February 3, 2009: 12:08 PM ET
02-03-09, 05:47 PM
#59
Lexus Fanatic
I know the economy is in bad shape but LOL at those numbers.
Is a redesigned X3 on the way to justify the low numbers?
Code:
Sales BMW of North America, LLC, January 2009
YTD YTD
Jan. 09 Jan. 08 % Jan. 09 Jan. 08 %
------------------ ----- ------ ----- ----- ------ -----
X3 394 1,091 -63.9% 394 1,091 -63.9%
X6 266 0 N/A 266 0 N/A
----------------- ----- ----- --- ----- ----- ---
X6 sales are amazing, so bad.
02-03-09, 05:52 PM
#60
Lexus Fanatic
Join Date: Jul 2001
Location: California
Posts: 6,084
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Does anybody have info on where bimmer is on supply of the new 7? I am assuming the pipeline for the old model is about dry but it doesn't look like the new one is really here yet. Can't say I've gone to the bimmer shop to see where they are but the new 7 was maybe tops of my list. At least until I read about the 5GT.
Genesis 1,056 - respectable. Don't know why I don't think it is great but it is very good especially when you take the current climate into effect. I know this is OT but I have to wonder about the Volt strategy (and hopes) seeing what is going on with the Prius which I still think will be the better all around vehicle.
Genesis 1,056 - respectable. Don't know why I don't think it is great but it is very good especially when you take the current climate into effect. I know this is OT but I have to wonder about the Volt strategy (and hopes) seeing what is going on with the Prius which I still think will be the better all around vehicle.
Last edited by RON430; 02-03-09 at 05:57 PM.