June 2009 Vehicles Sales
07-01-09, 02:47 PM
#31
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07-01-09, 02:52 PM
#32
July 01, 2009
SANTA MONICA, Calif. - Automakers spent more in June on incentives than any June on record, Edmunds.com reports.
The average automaker incentive was $2,930 per vehicle sold in June up $489 - or 20 percent, from a year ago, Edmunds.com estimates. Incentives were down a scant $22, or 0.8 percent, from May.
"June incentives have never been higher, but we anticipate that the tide is about to turn," said Jesse Toprak, Edmunds.com's executive director of Industry Analysis. "The effects of recent production cuts are starting to be felt, and as supply dwindles, incentives will fall."
By region of origin, combined incentives spending for:
- domestic manufacturers averaged $3,821 per vehicle sold in June, up from $3,736 in May;
- European automakers declined from May $448 to $3,238 per vehicle sold;
- Japanese automakers decreased $169 to $1,729 per vehicle sold;
- Korean automakers increased by $252 to $3,083 per vehicle sold.
In June, the industry's aggregate incentive spending is estimated to have totaled approximately $2.6 billion, down 4.7 percent from May 2009.
Chrysler, Ford and General Motors spent an aggregate of $1.6 billion, or 60.3 percent of the total; Japanese manufacturers spent $574 million, or 22.1 percent; European manufacturers spent $253 million, or 9.7 percent; and Korean manufacturers spent $206 million, or 7.9 percent.
"This is the third consecutive month in which Honda set a new record for its spending," Toprak said. "Car-shoppers are focused on value right now, and some automakers are making a concerted effort to market their cars from that angle."
Among vehicle segments, premium sport cars had the highest average incentives, $5,481 per vehicle sold, followed by large trucks at $4,160. Subcompact cars had the lowest average incentives per vehicle sold, $1,207, followed by compact cars at $2,075.
Analysis of incentives expenditures as a percentage of average sticker price for each segment shows minivans averaged the highest at 13.1 percent of sticker price, followed by large cars at 12.9 percent of sticker price. Premium luxury cars averaged the lowest with 4.9 percent and premium sport cars followed with 5.9 percent of sticker price.
Comparing all brands, Scion spent the least at $205 followed by Mini at $579 per vehicle sold. At the other end of the spectrum, Cadillac spent the most at $6,069, followed by Hummer at $5,828 per vehicle sold.
Relative to their vehicle prices, Chrysler and Dodge spent the most, 17.8 percent and 16.8 percent of sticker price, respectively; while Scion spent 1.2 and Mini spent 2.6 percent.
Edmunds.com's monthly True Cost of Incentives (TCI) 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.
SANTA MONICA, Calif. - Automakers spent more in June on incentives than any June on record, Edmunds.com reports.
The average automaker incentive was $2,930 per vehicle sold in June up $489 - or 20 percent, from a year ago, Edmunds.com estimates. Incentives were down a scant $22, or 0.8 percent, from May.
"June incentives have never been higher, but we anticipate that the tide is about to turn," said Jesse Toprak, Edmunds.com's executive director of Industry Analysis. "The effects of recent production cuts are starting to be felt, and as supply dwindles, incentives will fall."
By region of origin, combined incentives spending for:
- domestic manufacturers averaged $3,821 per vehicle sold in June, up from $3,736 in May;
- European automakers declined from May $448 to $3,238 per vehicle sold;
- Japanese automakers decreased $169 to $1,729 per vehicle sold;
- Korean automakers increased by $252 to $3,083 per vehicle sold.
In June, the industry's aggregate incentive spending is estimated to have totaled approximately $2.6 billion, down 4.7 percent from May 2009.
Chrysler, Ford and General Motors spent an aggregate of $1.6 billion, or 60.3 percent of the total; Japanese manufacturers spent $574 million, or 22.1 percent; European manufacturers spent $253 million, or 9.7 percent; and Korean manufacturers spent $206 million, or 7.9 percent.
"This is the third consecutive month in which Honda set a new record for its spending," Toprak said. "Car-shoppers are focused on value right now, and some automakers are making a concerted effort to market their cars from that angle."
Among vehicle segments, premium sport cars had the highest average incentives, $5,481 per vehicle sold, followed by large trucks at $4,160. Subcompact cars had the lowest average incentives per vehicle sold, $1,207, followed by compact cars at $2,075.
Analysis of incentives expenditures as a percentage of average sticker price for each segment shows minivans averaged the highest at 13.1 percent of sticker price, followed by large cars at 12.9 percent of sticker price. Premium luxury cars averaged the lowest with 4.9 percent and premium sport cars followed with 5.9 percent of sticker price.
Comparing all brands, Scion spent the least at $205 followed by Mini at $579 per vehicle sold. At the other end of the spectrum, Cadillac spent the most at $6,069, followed by Hummer at $5,828 per vehicle sold.
Relative to their vehicle prices, Chrysler and Dodge spent the most, 17.8 percent and 16.8 percent of sticker price, respectively; while Scion spent 1.2 and Mini spent 2.6 percent.
Edmunds.com's monthly True Cost of Incentives (TCI) 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.
07-01-09, 03:59 PM
#33
Top 10
We just heard that the 2010 Chevrolet Camaro outsold the 2010 Ford Mustang last month, but how did other vehicles perform in June? Overall, the year-over-year difference with June 2009 figures look more positive. Ford reported that sales in June were down just 10 percent while Honda and Toyota reported a sales dive of 30 percent.
KickingTires has put together the list of Top 10 Best-Selling Cars in June 2009 and the Ford F-Series is still king in a market that is said to be dominated by compact vehicles.
KickingTires has put together the list of Top 10 Best-Selling Cars in June 2009 and the Ford F-Series is still king in a market that is said to be dominated by compact vehicles.
Top 10 Best-Selling Cars: June 2009
- Ford F-Series: 35,915
- Toyota Camry: 26,394
- Chevy Silverado: 24,766
- Honda Accord: 23,995
- Honda Civic: 20,954
- Toyota Corolla: 19,935
- Ford Fusion: 18,561
- Nissan Altima: 16,350
- Ford Escape: 15,385
- Chevy Impala: 14,931
- Ford F-Series: 35,915
- Toyota Camry: 26,394
- Chevy Silverado: 24,766
- Honda Accord: 23,995
- Honda Civic: 20,954
- Toyota Corolla: 19,935
- Ford Fusion: 18,561
- Nissan Altima: 16,350
- Ford Escape: 15,385
- Chevy Impala: 14,931
07-01-09, 07:43 PM
#37
Super Moderator
Thread Starter
They usually only mention those brands that have the most or the least incentives, so Benz & BMW won't get mentioned unless they are at either end. Just look at last month's thread, & I think MB was mentioned as one of the most, and once in a while, BMW did get mentioned as one of the most among luxury brands ...
07-01-09, 09:04 PM
#39
Lexus Champion
It's not surprising that the new Camaro is outselling the Mustang. I saw a black SS yesterday and it looked REALLY nice. Ford had a good run with the Mustang, but the recent refresh/redesign does not impress me at all.
Once Camaro production starts catching up with demand, I'm sure it will outsell the Mustang every month. Kudos for GM for finally getting a car right.
Once Camaro production starts catching up with demand, I'm sure it will outsell the Mustang every month. Kudos for GM for finally getting a car right.
07-01-09, 09:33 PM
#41
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Hyundai Motor America Reports June 2009 Sales
Hyundai the Sixth-Best Selling Brand in the U.S. in June
Assurance Gas Lock Kicks Off Today
FOUNTAIN VALLEY, Calif., July 1 /PRNewswire/ -- Hyundai Motor America today announced June sales of 37,943 units, a three percent increase over last month and a 24 percent decline versus June 2008. Hyundai outsold Dodge in June for the first time, making Hyundai the number-six best-selling brand in the U.S.
"Through the first six months of 2009, Hyundai has achieved an all-time high market share of about 4.2 percent, up from 3.1 percent for the same period last year. That's a 35 percent improvement, which we believe to be the single best year-over-year share improvement in the industry," said Dave Zuchowski, vice president of Hyundai Motor America. "And while our sales fell from last year, June 2008 was an all-time, any-time record sales month for Hyundai that was accomplished in a markedly different business climate, with high gas prices fueling huge demand for our fuel-efficient lineup."
"Our retail momentum is strong - we've grown retail market share over 2008 each month this year," said John Krafcik, president and CEO of Hyundai Motor America. "We're kicking off the second half of the year with a full tool kit -- J. D. Power's endorsement as the highest ranking non-premium brand in the 2009 Initial Quality Study(SM) (IQS), improving availability of our award-winning Genesis models, our innovative $1.49/gallon Assurance Gas Lock program, and the new CARS program, which Hyundai is uniquely well positioned to benefit from with our fuel-efficient lineup."
J.D. Power ranked Hyundai as the number one non-premium brand, and fourth in the industry, in the just-released 2009 Initial Quality Study(SM)(IQS).
The Hyundai Elantra is the number one compact car in the 2009 Initial Quality Study(SM).
The Hyundai Genesis is the 2009 North American Car of the Year.
Hyundai Assurance and Hyundai Assurance Gas Lock complement America's Best Warranty on eligible new vehicles financed or leased from a participating Hyundai dealer. For full details about the program, visit: www.Hyundai.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
http://news.prnewswire.com/ViewConte...5053903&EDATE=
Hyundai the Sixth-Best Selling Brand in the U.S. in June
Assurance Gas Lock Kicks Off Today
FOUNTAIN VALLEY, Calif., July 1 /PRNewswire/ -- Hyundai Motor America today announced June sales of 37,943 units, a three percent increase over last month and a 24 percent decline versus June 2008. Hyundai outsold Dodge in June for the first time, making Hyundai the number-six best-selling brand in the U.S.
"Through the first six months of 2009, Hyundai has achieved an all-time high market share of about 4.2 percent, up from 3.1 percent for the same period last year. That's a 35 percent improvement, which we believe to be the single best year-over-year share improvement in the industry," said Dave Zuchowski, vice president of Hyundai Motor America. "And while our sales fell from last year, June 2008 was an all-time, any-time record sales month for Hyundai that was accomplished in a markedly different business climate, with high gas prices fueling huge demand for our fuel-efficient lineup."
"Our retail momentum is strong - we've grown retail market share over 2008 each month this year," said John Krafcik, president and CEO of Hyundai Motor America. "We're kicking off the second half of the year with a full tool kit -- J. D. Power's endorsement as the highest ranking non-premium brand in the 2009 Initial Quality Study(SM) (IQS), improving availability of our award-winning Genesis models, our innovative $1.49/gallon Assurance Gas Lock program, and the new CARS program, which Hyundai is uniquely well positioned to benefit from with our fuel-efficient lineup."
J.D. Power ranked Hyundai as the number one non-premium brand, and fourth in the industry, in the just-released 2009 Initial Quality Study(SM)(IQS).
The Hyundai Elantra is the number one compact car in the 2009 Initial Quality Study(SM).
The Hyundai Genesis is the 2009 North American Car of the Year.
Hyundai Assurance and Hyundai Assurance Gas Lock complement America's Best Warranty on eligible new vehicles financed or leased from a participating Hyundai dealer. For full details about the program, visit: www.Hyundai.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
http://news.prnewswire.com/ViewConte...5053903&EDATE=
Code:
CARLINE JUNE/2008 JUNE/2009 CY/2008 CY/2009
------- --------- --------- ------- -------
ACCENT 6,914 8,139 28,184 32,928
SONATA 16,875 11,950 65,927 60,481
ELANTRA 14,482 6,493 61,978 39,904
TIBURON 979 443 4,967 8,346
SANTA FE 5,863 7,148 37,410 33,473
AZERA 1,745 313 11,443 1,951
TUCSON 1,964 1,100 11,747 7,552
ENTOURAGE 499 43 3,032 3,343
VERACRUZ 682 476 6,348 6,770
GENESIS 30 1,838 30 9,938
TOTAL 50,033 37,943 231,066 204,686
07-02-09, 12:41 AM
#42
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Looks like Toyota called it right by moving production of the Rav4 from Japan to Canada. Impressive sales from the RX and Highlander is holding steady.
Looks like the Sequoia are horrible and Venza has been a bit of a dud.
I am suprised the Corlloa is down so much.
Looks like the Sequoia are horrible and Venza has been a bit of a dud.
I am suprised the Corlloa is down so much.
07-02-09, 07:21 AM
#43
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07-02-09, 07:21 AM
#44
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the camaro sales will slow when the recalls start. 
07-02-09, 07:31 AM
#45
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