May 2011 Auto Sales Thread
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DETROIT (Bloomberg) -- U.S. auto sales probably ran at the slowest pace of the year in May, a pause in demand before lower gas prices and rebounding production in Japan fuels the most annual purchases since 2008.
May light-vehicle deliveries, to be released tomorrow, may have run at a 12.1 million seasonally adjusted annual rate, the average estimate of 11 analysts surveyed by Bloomberg. The pace exceeded 13 million each of the last 3 months and was 12.6 million in January, according to researcher Autodata Corp.
Toyota Motor Corp. and Honda Motor Co. are speeding returns to normal production after the March 11 earthquake and tsunami idled factories and created shortages of parts. The slowdown in May sales came about because limited supply of fuel-efficient cars like Toyota's Prius lifted prices and curbed purchases.
"Consumers were being told so dramatically after Japan that there's going to be a shortage of cars, but this is going to be a temporary situation and so many of them will just wait," said Alan Baum, principal of industry consultant Baum & Associates, who predicts 13 million auto sales in the U.S. for 2011.
"To the extent May is a reasonably poor month, I'm not going to get carried away and say that's going to transcend through the rest of the year." The slowdown in May sales came about because of limited supply of fuel-efficient car like Toyota's Prius lifted prices and delayed purchases.
U.S. sales of cars and light trucks may rise to 13 million this year, the average of 16 analysts' estimates compiled by Bloomberg. That would be the most since 13.2 million in 2008.
Average U.S. gasoline prices dropped for 14 straight days since May 11 to $3.80 a gallon for regular unleaded, according to AAA. Prices earlier in May were at the highest level since 2008, reducing demand as the country's vacation season started.
Lost production
The earthquake in Japan may result in 3 million to 3.5 million units of global production that will be lost or deferred into next year, according to researcher IHS Automotive. Worldwide light-vehicle production may rise to 73.7 million units this year from 71.9 million in 2010, according to IHS.
Toyota, which built 45% of its cars in Japan last year, may lead declines among major automakers with a 27% drop in May deliveries, the average of three estimates. Honda Motor Co., the 2nd-largest Japanese automaker by U.S. sales, may say sales fell 25%, the average of 3 estimates. Nissan Motor Co. deliveries may decrease 7.3%, the average of 3 estimates.
"Predominantly this is a supply issue," George Magliano, a New York-based senior economist for IHS Automotive, said in a telephone interview. "The auto market was developing considerable momentum coming into this month before issues related to Japan."
Hyundai benefits
Automakers benefiting from their Japan-based rivals' supply constraints may be led by Hyundai Motor Co. and affiliate Kia Motors Corp. Their combined U.S. sales may pass Toyota for the 1st time, according to Santa Monica, Calif.-based TrueCar.com. Deliveries for Hyundai and Kia may surge 43% in May to 115,434, behind only General Motors Co. and Ford Motor Co., according to the auto pricing Web site.
Sales for Ford, the 2nd-largest U.S. automaker, may have dropped 0.5%, the average estimate of 5 analysts. Ford raised its vehicle prices a 3rd time this year by an average of $124, or 0.4% per vehicle this month, said Todd Nissen, a spokesman.
Higher prices and smaller discounts may result in Ford getting buyers to pay as much as $1,500 more per vehicle, Rod Lache, an analyst for Deutsche Bank AG, said in a May 20 research note.
GM deliveries may rise 1.5%, the average of 3 estimates. There are fewer estimates for GM sales this month because some analysts are prevented from publishing research after a lockup expired on the U.S. Treasury Department's ability to sell more of its shares.
Chrysler gains
Chrysler, which repaid $7.6 billion in U.S. and Canadian government loans this past month, may say sales increased 9.5%, the average of 5 estimates.
GM, the largest U.S. automaker, is struggling to sell down truck inventory that climbed to more than 111 days of supply at the end of April because its Chevrolet Silverado and GMC Sierra models are competing against recently updated Ford pickups, Baum said.
"GM has a long-term problem until they're able to update those vehicles, because right now the Ford product is so much more attractive," said Baum. "For now, GM has to respond with incentives."
While total sales may have dropped, Ford's deliveries per selling day may have increased from May 2010. Barclays Capital estimates Ford daily sales rate, excluding year-earlier purchases of its Volvo brand, may rise 10%, while Credit Suisse Group AG predicts a 16% gain on that basis.
Pricing, incentives
GM this month offered rebates of as much as $4,505 as well as interest-free financing for as long as 60 months on the Silverado and Sierra, while offering no rebates on cars such as its Chevrolet Cruze or Buick LaCrosse, according to AIS Rebates, a Michigan-based provider of incentive data.
Average prices for the industry may increase by about $800 from April, led by a sequential gain of about $1,500 by Japan-based automakers, Himanshu Patel, an analyst for JPMorgan Chase & Co., wrote in a May 24 research note.
![](http://www.autonews.com/apps/pbcsi.dll/storyimage/CA/20110531/RETAIL01/110539995/V2/V2-110539995.jpg&q=80&MaxW=505)
The following table shows estimates for car and light-truck sales in the U.S. Estimates for companies are a percentage change from May 2010, unadjusted for the difference in selling days. Forecasts for the seasonally adjusted annual rate, or SAAR, are in millions of vehicles.
Toyota, the world's largest automaker, has said it expects production in North America to return to about 70% of normal levels beginning in June, from about 30% in May. Honda forecast last week that North American production will return to 100% in August for all models except Civic small cars, and said May 17 that global production will return to normal before the end of the year.
Light-vehicle sales climbed to 11.6 million in 2010 from a 27-year low of 10.4 million in 2009. Deliveries still were 31% fewer than the 16.8 million annual average from 2000 to 2007, according to Autodata. A 12.1 million rate this month would be a 4.3% increase from the 11.6 million pace in May 2010.
May had 24 selling days, 2 fewer than a year earlier.
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Toyota just announced rise of production in Japan to 90% for June.
Japanese work hard and fast.
If this happened in Eastern Europe, we would simply all move to Germany.
If this happened in USA, it would take a decade to return to normal.
:-).
Japanese work hard and fast.
If this happened in Eastern Europe, we would simply all move to Germany.
If this happened in USA, it would take a decade to return to normal.
:-).
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If forecasts from TrueCar.com are accurate, Hyundai and Kia will be the only automakers to post sales gains in the month of May. Mildly interesting news in itself, but the real shocking nugget is that the Korean conglomerate is expected to pass Toyota (including its Lexus luxury brand) as the third-best-selling automaker in the United States.
Surely there are multiple reasons why Toyota and Lexus sales are expected to drop in May (when compared to April, 2011 and May of 2010), but parts and inventory shortages stemming from the devastating earthquake and subsequent tsunami in Japan are front and center.
Credit also goes to Hyundai and Kia for the dramatic gains they have made on their Japanese and American competitors in the last few years, both in sales and in consumer perception. That said, Toyota seems likely to rebound in the coming months, so it will be an interesting exercise to follow the sales charts.
When all the numbers finally come in, TrueCar.com expects the month of May to show an eight-percent drop in sales from April. As you would expect, shortages of cars imported from Japan is partly to blame, but lowered incentives from all automakers is also cited as a contributing factor.
http://www.autoblog.com/2011/05/31/h...sales-spot-in/
Surely there are multiple reasons why Toyota and Lexus sales are expected to drop in May (when compared to April, 2011 and May of 2010), but parts and inventory shortages stemming from the devastating earthquake and subsequent tsunami in Japan are front and center.
Credit also goes to Hyundai and Kia for the dramatic gains they have made on their Japanese and American competitors in the last few years, both in sales and in consumer perception. That said, Toyota seems likely to rebound in the coming months, so it will be an interesting exercise to follow the sales charts.
When all the numbers finally come in, TrueCar.com expects the month of May to show an eight-percent drop in sales from April. As you would expect, shortages of cars imported from Japan is partly to blame, but lowered incentives from all automakers is also cited as a contributing factor.
http://www.autoblog.com/2011/05/31/h...sales-spot-in/
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Chevrolet Cruze retail sales surge 150%
Combined GMC Terrain, Chevrolet Equinox retail sales rise 58% Buick and GMC retail sales rise for 20th successive month
Cadillac retail sales up 16th month in a row; Chevrolet’s up for 9th consecutive month
DETROIT – General Motors dealers in the United States reported 221,192 total sales in May, including a 9% increase in retail sales compared to May 2010. Retail sales for GM’s brands were again propelled by the company’s lineup of fuel-efficient passenger cars and crossovers. Total sales declined 1% on lower fleet volume.Combined GMC Terrain, Chevrolet Equinox retail sales rise 58% Buick and GMC retail sales rise for 20th successive month
Cadillac retail sales up 16th month in a row; Chevrolet’s up for 9th consecutive month
For the month, Chevrolet Cruze had its best retail sales since its launch as Chevrolet dealers reported 18,996 retail deliveries. The GMC Terrain and Chevrolet Equinox, GM’s compact crossovers, saw a combined retail sales increase of 58% during the month. Passenger car and crossover retail sales also rose substantially, up 32% and 17%, respectively.
"Customers continue to demand better fuel economy and our commitment to produce high-quality, fuel-efficient vehicles is paying off," said Don Johnson, vice president, U.S. Sales Operations. "We expect that fuel prices will continue to be volatile and we’re prepared to continue meeting the needs of an ever-changing market."
Compared to last year, May fleet sales were 16% lower as rental volumes declined 21%. Deliveries to commercial accounts rose 19% – the 14th consecutive month of commercial sales gains.
GM’s Newest Vehicles Retail Sales Increase 65% in May
Combined retail sales for vehicles launched since June 2009 – Chevrolet Equinox, Silverado HD, Cruze, Camaro Convertible and Volt; Buick LaCrosse and Regal; GMC Sierra HD and Terrain; and Cadillac SRX, CTS Wagon and CTS Coupe – jumped 65% during May and are up 74% for 2011.
Passenger Cars
During the month, total sales of GM passenger cars increased 13%. Retail sales of passenger cars rose 32% on the continuing strength of the Cruze, which was up 150% compared to the Chevrolet Cobalt it replaced. Also contributing to the gain were solid retail sales for the Buick Regal and an increase of 28% in retail sales for the Cadillac CTS.
“The Cruze, Regal and CTS Coupe are attracting new customers to GM,” Johnson said. “These vehicles are a strong reason why we’re gaining share in key states like California, New York and Florida so far this year.”
Crossovers
Total crossover sales declined 1%, while retail sales were up 17% compared to last year’s May. GM’s crossover retail sales were the highest ever for the month of May and were driven by a 58% increase in combined retail sales for the 32 mile-per-gallon highway rated Equinox and Terrain. Both of GM’s compact crossovers set retail sales records for the month with Equinox retail sales up 62% and Terrain’s 48% higher than May 2010.
“Customers love the 610-mile range that our compact crossovers provide and they get it without sacrificing capability or style,” Johnson said.
For the year-to-date, retail sales of GM’s crossovers were up 27%.
Pickups
Total combined sales of Chevrolet Silverado and Avalanche, and GMC Sierra decreased 14%; with retail sales down 17% versus a year ago. For the year-to-date, retail sales for GM’s full-size pickups are up 15%, while total sales of 212,478 units represent a 13% increase compared to the 1st 5 months of 2010.
Month-end dealer inventory in the United States stood at about 584,000 units, up about 7,000 units compared to April and about 177,000 higher than May 2010.
Brand Key Facts:
Chevrolet: Chevrolet dealers delivered 161,401 total vehicles in May, a 4% decrease compared to May 2010. Retail sales for Chevrolet were up 9 percent, for the ninth straight month of retail sales increases for the brand. Cruze retail sales were 150% higher than the Chevrolet Cobalt. Equinox retail sales rose 62% (read more).
Buick: Buick reported 15,579 total sales, a 24% increase compared to last year. This includes a 18% increase in year-over-year retail sales, led by demand for the all-new Regal, which is attracting large numbers of non-GM owners to the brand. May was the 20th consecutive month of year-over-year total and retail sales gains for the brand (read more).
GMC: GMC reported total sales of 32,589, an 8% increase compared to the same month last year. Retail sales rose 5% for the brand on strong demand for the Terrain (up 48%) and the Acadia (up 19%). May also marked the 20th consecutive month of year-over-year total and retail sales increases for the brand (read more).
Cadillac: Cadillac reported total sales of 11,623 for May, a 6% decrease versus last May, with retail sales increasing 8%. May was the 16th consecutive month of year-over-year retail sales gains. CTS retail sales continued to set the pace, rising 28%, driven by strong demand for the CTS Coupe (read more).
Fleet sales for GM’s 4 brands were 70,139 for the month, a 16% decrease for the month. Sales to commercial customers increased 19% – the 14th consecutive month of commercial fleet sales gains. Fleet accounted for 32% of GM total sales during the month – lower than the 37% fleet mix in May 2010.
Last edited by GS69; 06-01-11 at 08:08 AM.
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Strong demand for Ford’s new fuel-efficient vehicles and powertrains continued in May
Ford’s all-new Fiesta and Focus combined for 29,423 sales – Ford’s biggest small car month since May 2008
Explorer posts highest sales in 47 months; total sales up 135%; retail sales quadruple from a year ago
Fusion and Escape continue record setting sales pace with strong demand for 4-cylinder engines; F-150’s all-new V6 engines outsell the V8s
Ford’s May sales totaled 192,102, equal to a year ago; year-to-date sales totaled 878,600, up 12%
Ford announces third quarter North American production
Download Full Sales Release (With Tables)Ford’s all-new Fiesta and Focus combined for 29,423 sales – Ford’s biggest small car month since May 2008
Explorer posts highest sales in 47 months; total sales up 135%; retail sales quadruple from a year ago
Fusion and Escape continue record setting sales pace with strong demand for 4-cylinder engines; F-150’s all-new V6 engines outsell the V8s
Ford’s May sales totaled 192,102, equal to a year ago; year-to-date sales totaled 878,600, up 12%
Ford announces third quarter North American production
DEARBORN, Mich., June 1, 2011 – Consumer demand remained strong in May for Ford’s new fuel-efficient vehicles and powertrains, bringing significant year-over-year sales gains for small cars and Explorer.
“Customers increasingly are demanding new products that deliver compelling fuel economy,” said Ken Czubay, Ford vice president, U.S. Marketing, Sales and Service. “Ford’s new fuel-efficient products and powertrains arrived at the right time – just as fuel efficiency became even more of a consideration among consumers.”
Ford’s 2 all-new small cars combined had sales of 29,423 in May, up 74% versus a year ago. It was Ford’s largest small car month since May 2008. Fiesta sales were 7,120, and Focus sales were 22,303, up 32% versus a year ago.
The Ford Fusion midsize car also has started 2011 strong – with five straight monthly sales records. In May, Fusion sales totaled 24,666, its 2nd highest month ever, and up 10% versus a year ago. 80% of customers equipped their new Fusion with a 4-cylinder engine, up from 50% when the car debuted 5 years ago. Sales of the Lincoln MKZ were up 24% in May and the MKZ Hybrid accounted for 22% of sales.
Explorer sales totaled 13,318, up 135% versus a year ago. This is the highest sales for Explorer in 47 months. In the 1st 5 months of 2011, the new Explorer is setting a torrid pace, with year-to-date sales totaling 55,401, up 120%. In June, Explorer will surpass last year’s full-year sales total of 60,687. Explorer has class-leading highway fuel economy of 25 mpg.
Escape sales totaled 23,140, up 21%. 50% of customers now equip their Escape with a 4-cylinder engine, up from 40% a few years ago.
Truck sales were lower in May, with higher gas prices likely causing some buyers to defer purchases.
Still, Ford’s F-Series truck remained the best-selling vehicle in the U.S. with May sales of 42,399 (down 15% versus a year ago) and year-to-date sales of 214,461 (up 11%). The new 3.5-liter EcoBoost engine accounted for 41% of F-150 retail sales in May, up 4 percentage points from April. The total V6 mix, including the new 3.7-liter engine, was 55% – surpassing sales of F-150s equipped with V8s.
Sales Summary
In May, total sales were 192,102, equal to a year ago. Retail sales were up 5%, and fleet sales were down 8%. (Commercial was down 1 percent, government was down 9%, and daily rental was down 13%.)
Year-to-date, total sales were 878,600, up 12%. Retail sales were up 14%, and fleet sales were up 8%. (Commercial was up 24%, government grew 6%, and daily rental was down 2%.)
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http://www.prnewswire.com/news-relea...122946148.html
Best May since 2007, sales up 50 percent compared to May 2010
ATLANTA, June 1, 2011 /PRNewswire/ -- Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars, Cayenne SUVs and the Panamera four-door sports sedan line-up in the United States, today announced May sales in the United States of 2,817 units compared to the same period last year when it sold 1,873, an increase of 50 percent.
May's results represent the German sports car maker's best May sales total in the United States since 2007. So far in 2011, the company's sales are 12,996 units. In the same five-month period last year, Porsche sales were 8,842, which represents a 47 percent increase.
For the month, Porsche's Approved Certified Pre-Owned vehicle sales were 753, compared to 796 last year. The year-to-date total was 3,596, compared to 3,220 last year.
ATLANTA, June 1, 2011 /PRNewswire/ -- Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars, Cayenne SUVs and the Panamera four-door sports sedan line-up in the United States, today announced May sales in the United States of 2,817 units compared to the same period last year when it sold 1,873, an increase of 50 percent.
May's results represent the German sports car maker's best May sales total in the United States since 2007. So far in 2011, the company's sales are 12,996 units. In the same five-month period last year, Porsche sales were 8,842, which represents a 47 percent increase.
For the month, Porsche's Approved Certified Pre-Owned vehicle sales were 753, compared to 796 last year. The year-to-date total was 3,596, compared to 3,220 last year.
Code:
Model Month to Date Year to Date Current Year Prior Year Current Year Prior Year ALL BOXSTER/CAYMAN 331 532 1,508 1,580 ALL 911 612 539 2,707 2,385 ALL CAYENNE 1258 197 5,868 2,109 ALL PANAMERA 616 605 2,913 2,768 GRAND TOTALS 2,817 1,873 12,996 8,842
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Nissan/Infiniti
http://www.prnewswire.com/news-relea...122949988.html
Results here
http://www.prnewswire.com/news-relea...122949988.html
http://www.prnewswire.com/news-relea...122949988.html
FRANKLIN, Tenn., June 1, 2011 /PRNewswire/ -- Nissan North America, Inc. (NNA) today reported May U.S. sales of 76,148 units versus 83,764 units a year earlier, a decrease of 9.1 percent. Nissan Division sales were down 7.8 percent for the month at 69,759 units. Sales of Infiniti vehicles decreased 21.0 percent from the prior year, to 6,389 units.
For 2011, NNA sales have increased 15.2 percent to 433,032 units. Nissan Division deliveries are up 16.4 percent, while Infiniti sales have increased 5.1 percent, calendar year to date.
NISSAN HIGHLIGHTS
Nissan vehicles posted May sales of 69,759 units, a decrease of 7.8 percent with 75,673 units sold in May 2010.
Altima sedan continued to achieve robust sales, with 25,525 units in May resulting in a 16.3 percent increase over the prior year and second-best May sales ever.
Sales of the Nissan LEAF 100-percent electric vehicle reached 1,142 units in May, for a total of 2,167 deliveries this year.
In 2011, Nissan sales are up 16.4 percent to 392,046 units.
"Brisk demand for the Altima continues, as consumers seek out quality and value in the midsize sedan segment," said Al Castignetti, vice president and general manager, Nissan Division. "Consumers also are placing a high value on innovation as evidenced by sales of the Nissan LEAF, the first zero-emission, 100-percent electric vehicle available for the mass market. Sales of the groundbreaking Nissan LEAF achieved a sales milestone of 1,142 units."
INFINITI HIGHLIGHTS
Infiniti today reported sales of 6,389 units in May, down 21.0 percent versus 8,091 units a year earlier.
The Infiniti QX had sales of 779 units, an increase of 11.0 percent over prior year.
With sales of 2,684 in May, the Infiniti G Sedan has a to-date increase of 12.2 percent versus prior year.
For 2011, Infiniti has delivered 40,986 vehicles, an increase of 5.1 percent over the prior year.
For 2011, NNA sales have increased 15.2 percent to 433,032 units. Nissan Division deliveries are up 16.4 percent, while Infiniti sales have increased 5.1 percent, calendar year to date.
NISSAN HIGHLIGHTS
Nissan vehicles posted May sales of 69,759 units, a decrease of 7.8 percent with 75,673 units sold in May 2010.
Altima sedan continued to achieve robust sales, with 25,525 units in May resulting in a 16.3 percent increase over the prior year and second-best May sales ever.
Sales of the Nissan LEAF 100-percent electric vehicle reached 1,142 units in May, for a total of 2,167 deliveries this year.
In 2011, Nissan sales are up 16.4 percent to 392,046 units.
"Brisk demand for the Altima continues, as consumers seek out quality and value in the midsize sedan segment," said Al Castignetti, vice president and general manager, Nissan Division. "Consumers also are placing a high value on innovation as evidenced by sales of the Nissan LEAF, the first zero-emission, 100-percent electric vehicle available for the mass market. Sales of the groundbreaking Nissan LEAF achieved a sales milestone of 1,142 units."
INFINITI HIGHLIGHTS
Infiniti today reported sales of 6,389 units in May, down 21.0 percent versus 8,091 units a year earlier.
The Infiniti QX had sales of 779 units, an increase of 11.0 percent over prior year.
With sales of 2,684 in May, the Infiniti G Sedan has a to-date increase of 12.2 percent versus prior year.
For 2011, Infiniti has delivered 40,986 vehicles, an increase of 5.1 percent over the prior year.
http://www.prnewswire.com/news-relea...122949988.html
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............(for later)
Luxury
BMW-20,651
Mercedes Benz-18,886
Buick-15,579
Lexus-12,305
Cadillac-11,623
Audi-10,457
Acura-9,000
Lincoln-7,399
Infiniti-6,389
D-Class Flagship
BMW 7 Series - 1,386
MB S-Class - 872
Porsche Panamera - 616
Lexus LS - 585
Audi A8 - 495
Hyundai Equus - 221
4 door coupes that are not coupes
Audi A7 - 812
MB CLS-Class - 38
Luxury
BMW-20,651
Mercedes Benz-18,886
Buick-15,579
Lexus-12,305
Cadillac-11,623
Audi-10,457
Acura-9,000
Lincoln-7,399
Infiniti-6,389
D-Class Flagship
BMW 7 Series - 1,386
MB S-Class - 872
Porsche Panamera - 616
Lexus LS - 585
Audi A8 - 495
Hyundai Equus - 221
4 door coupes that are not coupes
Audi A7 - 812
MB CLS-Class - 38
Last edited by LexFather; 06-02-11 at 05:59 AM. Reason: added bmw
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Brand experiences best month sales results since 2003
May sales total 30,100 units, a 27.9% increase over prior year sales
Best CC month ever with 3,979 units, up 50.1%
Best Tiguan month ever with 3,091 units, up 57.8%
Jetta momentum continues with robust sales of 16,671, up 58.6% Golf volume grows 1,761, a 23.1% increase
High-mileage, clean diesel TDI models account for 22.2% of sales
HERNDON, Va. (June 1, 2011) — Volkswagen of America, Inc. today reported 30,100 units sold in May 2011, a 27.9% increase over prior year sales and the company’s best sales month since August 2003. Year-to-date sales are up 19.7%.May sales total 30,100 units, a 27.9% increase over prior year sales
Best CC month ever with 3,979 units, up 50.1%
Best Tiguan month ever with 3,091 units, up 57.8%
Jetta momentum continues with robust sales of 16,671, up 58.6% Golf volume grows 1,761, a 23.1% increase
High-mileage, clean diesel TDI models account for 22.2% of sales
“May was an outstanding month for Volkswagen, and breaking through the 30,000 mark without either Beetle or Passat in the mix, speaks volumes about our momentum,” said Jonathan Browning, President and CEO, Volkswagen of America, Inc. “And I see the momentum continuing, particularly with the launch of the 2012 Passat and Beetle this fall.”
Volkswagen Jetta sales totaled 16,671 – a 58.6% increase over last year. Sport utility vehicles Touareg and Tiguan experienced 106.8% and 57.8% sales increases, respectively and the best month ever for Tiguan. CC sales increased 50.1% over prior year, representing its best month ever. Volkswagen’s high-mileage, clean diesel TDI models accounted for more than 22% of all May sales.
“The notion that making German engineering more accessible is striking a chord with our customers, as evidenced by the increased demand and customer loyalty for our products,” said Browning.
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American Honda Motor Co., Inc., posted May sales of 90,773, a decrease of 16.1 percent based on the daily selling rate* compared to May 2010 results the company announced today. American Honda year-to-date sales of 523,550 represent an increase of 7.4 percent compared to last year.
Honda Division May 2011 sales were 81,773, a decrease of 16.0 percent versus May 2010. The all-new, redesigned Odyssey minivan posted sales of 9,428, an increase of 5.5 percent. The Fit posted an increase of 46.3 percent with sales of 5,921. Civic led the division with sales of 18,341. Accord reported sales of 18,185 units for the month. The CR-V posted May sales of 16,307.
"May sales are on par with what we expected due to the lingering effects of parts and production shortages resulting from the devastating March 11 earthquake in Japan," said John Mendel, executive vice president of sales for American Honda. "We are confident that sales will rebound as our North American plants reach 100-percent production capacity for most models in August."
Acura Division posted May sales of 9,000 units, a decrease of 17.1 percent from the same period last year. The MDX luxury sport utility vehicle led the division with sales of 3,824, an increase of 1.9 percent over May 2010.
*The daily selling rate (DSR) is calculated with 24 days for May 2011 and 26 days for 2010. Year-to-date, the DSR is calculated with 126 days for 2011 and 2010. All percentages reflect DSR.
Honda Division May 2011 sales were 81,773, a decrease of 16.0 percent versus May 2010. The all-new, redesigned Odyssey minivan posted sales of 9,428, an increase of 5.5 percent. The Fit posted an increase of 46.3 percent with sales of 5,921. Civic led the division with sales of 18,341. Accord reported sales of 18,185 units for the month. The CR-V posted May sales of 16,307.
"May sales are on par with what we expected due to the lingering effects of parts and production shortages resulting from the devastating March 11 earthquake in Japan," said John Mendel, executive vice president of sales for American Honda. "We are confident that sales will rebound as our North American plants reach 100-percent production capacity for most models in August."
Acura Division posted May sales of 9,000 units, a decrease of 17.1 percent from the same period last year. The MDX luxury sport utility vehicle led the division with sales of 3,824, an increase of 1.9 percent over May 2010.
*The daily selling rate (DSR) is calculated with 24 days for May 2011 and 26 days for 2010. Year-to-date, the DSR is calculated with 126 days for 2011 and 2010. All percentages reflect DSR.
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Audi Sets Record for Best May US Sales
(click for chart)
(click for chart)
• May 2011 sales of 10,457 rose 13.6% above May 2010 sales
• Demand for the all-new 2012 Audi A7 was strong for the month
• Sales of Audi TDI clean diesel vehicles continue to far outpace intial predictions
Audi today reported its 5th-consecutive record-setting month for 2011 with the best May U.S. sales in company history. Last month, demand for Audi luxury vehicles increased 13.6% to 10,457 vehicles sold, from 9,205 vehicles sold in May 2010, marking the 3rd-best month in Audi of America history.• Demand for the all-new 2012 Audi A7 was strong for the month
• Sales of Audi TDI clean diesel vehicles continue to far outpace intial predictions
The strong May 2011 results were buoyed by a significant buyer response to the all-new 2012 Audi A7, with 812 vehicles sold, as consumers respond to the stylish, technologically advanced vehicle featuring the Audi 1st-to-market Google Earth navigation system. The Audi A8 flagship sedan also performed favorably in May 2011, with 495 vehicles sold, a 661.5% increase over the same period in 2010.
In May 2011, Audi recorded year-over-year sales increases with 7 of its models: the Audi A3, the Audi A4, the Audi A8, the Audi Q5, the Audi Q7, the Audi R8 and the Audi TT.
Consumers continued to show preferences for the brand’s clean diesel technology. Sales of the fuel-efficient A3 models increased 33.9% year-over-year to 664 vehicles sold, with the Audi A3 TDI clean diesel model accounting for 55% of the sales mix in the lineup. Demand for the popular Audi Q7 full-size luxury sport-utility vehicle remained strong with a sales increase of 26.9% year-over-year, with the Audi Q7 TDI clean diesel model accounting for 40% of the sales mix.
The Audi R8 supercar series also enjoyed a significant sales increase of 135.7% year-over-year to 99 vehicles sold in May 2011. The sporty Audi TT coupe and roadster also performed well, with sales increasing 30.2% over the same period last year to 220 vehicles sold.
“Audi continues to make measurable gains in the high-end sector of the luxury car market in the U.S. Our current models are the most technologically-advanced vehicles Audi has ever produced and our progressive luxury positioning continues to set Audi apart from its competitors,” said Audi of America President Johan de Nysschen. “Audi is on track to capture the leadership position in the U.S. luxury market.”
Audi models have already earned significant awards in the U.S., including the Edmunds.com Technology Breakthrough Award to the 2011 Audi A8, four category winners in the Strategic Vision 2010 Total Value Index and the EyesOn Design “Best Production Vehicle” awarded to the 2012 Audi A6, which is scheduled to arrive this fall.
Audi sales highlights – May 2011
• May 2011 ranks as the best-ever May sales in Audi of America history; also represents 5th-consecutive month of record-setting achievements.
• 7 models within Audi lineup post YOY gains.
• Audi sales increase 13.6% YOY compared to May 2010, marking the 3rd-best month in Audi of America history.
Audi A8 and A7 May sales and news notes
• Audi A8 sales sustain momentum with a sales increase of 661.5% YOY to 495 vehicles sold.
• All-new 2012 Audi A7 continues strong debut sales with 812 vehicles sold.
Audi A3 and Audi Q7 May sales and news notes
• Audi A3 sales in May up 33.9% and up 15.8% year-to-date, compared to 2010.
• Audi Q7 sales in May up 26.9% and up 44.4% year-to-date, compared to 2010.
• TDI clean diesel technology represented 55% of total A3 sales for May and 40% of total Q7 sales for May.
Audi R8 and TT May sales and news notes
• Audi R8 sales increase by 135.7% in May 2011 and 132.1% year-to-date, from same period in 2010.
• Audi TT post strong sales with a 30.2% increase YOY to 220 vehicles sold in May 2011.
Audi Certified Pre-Owned sales and news notes
• Certified Pre-Owned sales of 3,470 vehicles mark the 4th consecutive month of sales records for Audi CPO.
• May 2011 CPO sales represent 33.7% YOY gain from 2,596 vehicles a year earlier.
• CPO sales increased 39.3% YTD compared with the same period last year.
Last edited by GS69; 06-01-11 at 10:34 AM.
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Subaru of America Sales Rise Nearly 8% Year-to-Date
- Subaru Outback and Legacy Record Best May Ever Despite Inventory Limitations -
CHERRY HILL, N.J., June 1, 2011 /PRNewswire/ -- Subaru of America, Inc. today announced a nearly 8% year-to-date sales increase, with 20,036 units sold in May 2011 – resulting in total YTD sales of 112,255. However, while Subaru Legacy and Outback models experienced year-over-year growth, sales of Forester, Impreza and Tribeca decreased due to inventory limitations.
(Logo: http://photos.prnewswire.com/prnh/20080325/SUBARULOGO )
"While we have had a very strong start to 2011, and demand for our products in dealerships remains at record levels, we are now experiencing a slowdown in deliveries following the disruption to vehicle and parts production in Japan as a result of the March earthquake and tsunami," said Thomas J. Doll, executive vice president and chief operating officer, Subaru of America, Inc. "We expect this to continue in the short term while the production situation in Japan returns to normal. Even allowing for this temporary slowdown in deliveries, we still expect 2011 to be the second best year ever for the Subaru brand in the U.S."
Subaru Legacy sales increased 1 percent and Subaru Outback sales increased nearly 11 percent from May 2010. The Subaru Forester and Impreza saw month-to-date decreases of 35% and 39%, respectively.
- Subaru Outback and Legacy Record Best May Ever Despite Inventory Limitations -
CHERRY HILL, N.J., June 1, 2011 /PRNewswire/ -- Subaru of America, Inc. today announced a nearly 8% year-to-date sales increase, with 20,036 units sold in May 2011 – resulting in total YTD sales of 112,255. However, while Subaru Legacy and Outback models experienced year-over-year growth, sales of Forester, Impreza and Tribeca decreased due to inventory limitations.
(Logo: http://photos.prnewswire.com/prnh/20080325/SUBARULOGO )
"While we have had a very strong start to 2011, and demand for our products in dealerships remains at record levels, we are now experiencing a slowdown in deliveries following the disruption to vehicle and parts production in Japan as a result of the March earthquake and tsunami," said Thomas J. Doll, executive vice president and chief operating officer, Subaru of America, Inc. "We expect this to continue in the short term while the production situation in Japan returns to normal. Even allowing for this temporary slowdown in deliveries, we still expect 2011 to be the second best year ever for the Subaru brand in the U.S."
Subaru Legacy sales increased 1 percent and Subaru Outback sales increased nearly 11 percent from May 2010. The Subaru Forester and Impreza saw month-to-date decreases of 35% and 39%, respectively.
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Toyota/Lexus got DRILLED
http://pressroom.toyota.com/releases...2011+sales.htm
http://pressroom.toyota.com/releases...2011+sales.htm
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Categories: Scion
June 01, 2011
Toyota Reports May Sales
Click here for May 2011 Sales Chart
TORRANCE, Calif. (June 1, 2011) – Toyota Motor Sales (TMS), U.S.A., Inc., today reported May 2011 sales results of 108,387 units, a decrease of 27.9 percent compared to the same period last year, on a daily selling rate (DSR) basis. On a raw volume basis, unadjusted for 24 selling days in May 2011 compared to 26 selling days in May 2010, TMS sales were down 33.4 percent over the year-ago month.
The Toyota Division posted May total sales of 96,082 units, a decrease of 26.0 percent on a DSR basis from May 2010. On a raw volume basis, Toyota Division sales were down 31.6 percent from the year-ago month. The Lexus Division reported total sales of 12,305 units, down 40.0 percent from May 2010, on a DSR basis. Volume-wise, Lexus Division sales were down 44.6 percent compared to the same period last year.
Toyota Division
Toyota Division passenger cars recorded combined sales of 51,238 units, down 32.2 percent from May 2010. Passenger car sales were led by Camry and Camry Hybrid with combined sales of 18,830 units for the month. Corolla reported combined May sales of 16,985 units, and the Prius mid-size gas-electric hybrid posted May sales of 6,924 units.
Toyota Division light trucks recorded May sales of 44,844 units, a decrease of 17.3 percent compared to last year. Light truck sales were led by the RAV4 compact SUV with monthly sales of 8,624, while Highlander and Highlander Hybrid reported combined sales of 5,755 units. The Tacoma mid-size pickup posted sales of 9,091 units, an increase of 14.1 percent compared to last May. The Tundra full-size pickup reported sales of 4,307 units, and the Sienna minivan recorded sales of 8,618 units.
"As expected, May was an especially challenging month due mainly to uncertainties about our production forecast. But thanks to the tremendous efforts of our manufacturing team members and suppliers, we are ramping up much faster than expected," said Bob Carter, Toyota Division group vice president and general manager, Toyota Motor Sales, U.S.A. "Beginning this month, Japan production will be at 90 percent of normal levels, and eight of twelve North American-built vehicles will be at 100 percent. With more vehicles arriving at our dealerships and enhanced dealer support programs gaining traction with customers, we're optimistic that our sales outlook will continue to improve."
Scion posted May sales of 4,696 units, an increase of 23.7 percent over May 2010. The tC sports coupe led the way with sales of 2,664 units, up 119 percent year-over-year. The xD reported sales of 854 units for the month, up 1.1 percent compared to the same period last year, while the xB urban utility vehicle posted May sales of 1,178 units.
Lexus Division
Lexus reported passenger car sales of 5,681 units, down 46.3 percent from May 2010. The ES 350 entry luxury sedan led Lexus passenger car sales with sales of 2,400 units, while the IS lineup reported combined sales of 1,715 units. The all-new CT 200h hybrid posted 454 units in its third month of sales.
Lexus light trucks recorded sales of 6,624 units, down 33.2 percent over May 2010. Lexus light truck sales were led by the RX luxury utility vehicle, which posted combined May sales of 5,847 units. The GX 460 mid-size luxury utility vehicle reported sales of 635 units.
TMS Hybrids
TMS posted May sales of 8,968 hybrid vehicles, a decrease of 49.2 percent compared to the same period last year. Toyota Division posted May sales of 7,665 hybrids, while Lexus Division reported sales 1,303 hybrids for the month.
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Categories: Scion
June 01, 2011
Toyota Reports May Sales
Click here for May 2011 Sales Chart
TORRANCE, Calif. (June 1, 2011) – Toyota Motor Sales (TMS), U.S.A., Inc., today reported May 2011 sales results of 108,387 units, a decrease of 27.9 percent compared to the same period last year, on a daily selling rate (DSR) basis. On a raw volume basis, unadjusted for 24 selling days in May 2011 compared to 26 selling days in May 2010, TMS sales were down 33.4 percent over the year-ago month.
The Toyota Division posted May total sales of 96,082 units, a decrease of 26.0 percent on a DSR basis from May 2010. On a raw volume basis, Toyota Division sales were down 31.6 percent from the year-ago month. The Lexus Division reported total sales of 12,305 units, down 40.0 percent from May 2010, on a DSR basis. Volume-wise, Lexus Division sales were down 44.6 percent compared to the same period last year.
Toyota Division
Toyota Division passenger cars recorded combined sales of 51,238 units, down 32.2 percent from May 2010. Passenger car sales were led by Camry and Camry Hybrid with combined sales of 18,830 units for the month. Corolla reported combined May sales of 16,985 units, and the Prius mid-size gas-electric hybrid posted May sales of 6,924 units.
Toyota Division light trucks recorded May sales of 44,844 units, a decrease of 17.3 percent compared to last year. Light truck sales were led by the RAV4 compact SUV with monthly sales of 8,624, while Highlander and Highlander Hybrid reported combined sales of 5,755 units. The Tacoma mid-size pickup posted sales of 9,091 units, an increase of 14.1 percent compared to last May. The Tundra full-size pickup reported sales of 4,307 units, and the Sienna minivan recorded sales of 8,618 units.
"As expected, May was an especially challenging month due mainly to uncertainties about our production forecast. But thanks to the tremendous efforts of our manufacturing team members and suppliers, we are ramping up much faster than expected," said Bob Carter, Toyota Division group vice president and general manager, Toyota Motor Sales, U.S.A. "Beginning this month, Japan production will be at 90 percent of normal levels, and eight of twelve North American-built vehicles will be at 100 percent. With more vehicles arriving at our dealerships and enhanced dealer support programs gaining traction with customers, we're optimistic that our sales outlook will continue to improve."
Scion posted May sales of 4,696 units, an increase of 23.7 percent over May 2010. The tC sports coupe led the way with sales of 2,664 units, up 119 percent year-over-year. The xD reported sales of 854 units for the month, up 1.1 percent compared to the same period last year, while the xB urban utility vehicle posted May sales of 1,178 units.
Lexus Division
Lexus reported passenger car sales of 5,681 units, down 46.3 percent from May 2010. The ES 350 entry luxury sedan led Lexus passenger car sales with sales of 2,400 units, while the IS lineup reported combined sales of 1,715 units. The all-new CT 200h hybrid posted 454 units in its third month of sales.
Lexus light trucks recorded sales of 6,624 units, down 33.2 percent over May 2010. Lexus light truck sales were led by the RX luxury utility vehicle, which posted combined May sales of 5,847 units. The GX 460 mid-size luxury utility vehicle reported sales of 635 units.
TMS Hybrids
TMS posted May sales of 8,968 hybrid vehicles, a decrease of 49.2 percent compared to the same period last year. Toyota Division posted May sales of 7,665 hybrids, while Lexus Division reported sales 1,303 hybrids for the month.
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Chrysler Group LLC Reports May 2011 US Sales Increased 10%
(click for chart)
(click for chart)
Retail sales up 27% in May compared with same month a year ago
May marks the 14th-consecutive month of year-over-year sales gains
New 2011 Chrysler 200 sales up 154% compared with sales of its predecessor a year ago; retail sales of the Chrysler 200 increase more than five fold
Chrysler brand named “Top Popular Brand” in 2011 AutoPacific Vehicle Satisfaction Awards
Jeep® brand sales up 55% compared with sales in May 2010
All current Jeep brand models post May sales increases, led by the all-new 2011 Jeep Grand Cherokee, whose sales were up 192% versus a year ago
Jeep Grand Cherokee wins “Premium Mid-size SUV” category in AutoPacific Vehicle Satisfaction Awards
New 2011 Jeep Compass posts 92% year-over-year sales increase, second highest percentage increase for Jeep brand models
New 2011 Dodge Journey crossover voted “Family Car of Texas” at the Texas Auto Writers Association “Spring Roundup”
Ram Truck brand posts a 13% increase versus a year ago, the brand’s 13th consecutive month of year-over-year sales gains
2012 Fiat 500 voted “Best Value” and “Best New Design” at the Texas Auto Writers Association “Spring Roundup”
May marks the 14th-consecutive month of year-over-year sales gains
New 2011 Chrysler 200 sales up 154% compared with sales of its predecessor a year ago; retail sales of the Chrysler 200 increase more than five fold
Chrysler brand named “Top Popular Brand” in 2011 AutoPacific Vehicle Satisfaction Awards
Jeep® brand sales up 55% compared with sales in May 2010
All current Jeep brand models post May sales increases, led by the all-new 2011 Jeep Grand Cherokee, whose sales were up 192% versus a year ago
Jeep Grand Cherokee wins “Premium Mid-size SUV” category in AutoPacific Vehicle Satisfaction Awards
New 2011 Jeep Compass posts 92% year-over-year sales increase, second highest percentage increase for Jeep brand models
New 2011 Dodge Journey crossover voted “Family Car of Texas” at the Texas Auto Writers Association “Spring Roundup”
Ram Truck brand posts a 13% increase versus a year ago, the brand’s 13th consecutive month of year-over-year sales gains
2012 Fiat 500 voted “Best Value” and “Best New Design” at the Texas Auto Writers Association “Spring Roundup”
June 1, 2011 , Auburn Hills, Mich. - Chrysler Group LLC today reported U.S. sales of 115,363, a 10% increase compared with sales in May 2010 (104,819 units), and the best May sales since 2008.
Chrysler Group’s all-new or significantly-refreshed 2011 models continue to drive monthly sales gains. The new 2011 Chrysler 200 mid-size sedan, the all-new 2011 Dodge Durango SUV, the all-new 2011 Jeep Grand Cherokee and new Jeep Compass, and the new 2012 Fiat 500 all significantly contributed to Chrysler Group’s 10% sales increase in May.
Sales of the Chrysler 200 were up 154% in May, compared to the model’s previous generation. In May, the Chrysler brand was named “Top Popular Brand” in AutoPacific’s 15th annual Vehicle Satisfaction Awards, and the new 2011 Chrysler Town & Country took the top spot in the “Minivan” category. AutoPacific’s Vehicle Satisfaction Award is an industry benchmark for measuring how satisfied an owner is with his or her new vehicle.
All Jeep brand models posted year-over-year sales gains in May, led by the Jeep Grand Cherokee’s 192% sales increase. The Grand Cherokee won AutoPacific’s Vehicle Satisfaction Award in the “Premium Mid-size SUV” category. Sales of the new Jeep Compass, now with Trail Rated® 4x4 capability, were up 92 percent in May compared with the same month a year ago.
“Chrysler Group just posted its 14th consecutive month of year-over-year sales gains, confirmation that our 2011 models continue to resonate with consumers,” said Fred Diaz, President and CEO – Ram Truck Brand and Lead Executive for U.S. Sales. “Our retail sales were up 27% in May, driven in large part by our new models. Ram pickup trucks and all of our Jeep brand models posted sales increases in May, despite high, fluctuating gas prices.”
The Jeep and Ram Truck brands each posted year-over-year sales gains in May. The Jeep brand’s 55% increase was the largest of the Chrysler Group brands.
Chrysler Group finished the month with a 65-day supply of inventory (311,453 units). U.S. industry sales figures for May are projected at an estimated 12.0 SAAR.
May 2011 U.S. Sales Highlights by Brand
Jeep® Brand
The Jeep brand posted a 55% sales increase in May. All five Jeep brand models contributed to the increase by posting year-over-year sales gains. The all-new 2011 Jeep Grand Cherokee posted a 192% sales increase in May, compared with the same month in 2010. It was the largest year-over-year sales gain of any Chrysler Group model.
Accolades continue to mount for the Jeep brand’s premium SUV as the 2011 Jeep Grand Cherokee received the highest spot in vehicle satisfaction for the “Premium Mid-size SUV” category in AutoPacific’s 15th annual Vehicle Satisfaction Awards. The Grand Cherokee has captured 30 awards since introduction last summer, including the prestigious Ward’s “10 Best Interiors” award.
The new Jeep Compass posted a 92% sales increase in May versus last year, and is up 12% compared with sales during the previous month of April. The new Compass offers the Jeep Freedom Drive II® Off-Road package. This available 4-wheel-drive system delivers Jeep Trail Rated® capability for the 1st time in Compass form.
The Jeep brand announced in May that 4-time Grammy award winning artist Lenny Kravitz will be featured in the national broadcast advertising campaign for the 2011 Jeep Wrangler. Kravitz is a long-time Wrangler owner.
Ram Truck Brand
The Ram Truck brand posted a 13% sales increase in May. Ram pickup truck sales were up 16%, compared with the same month in 2010. Both the Light Duty and Heavy Duty pickup trucks, along with the Chassis Cab, saw year-over-year sales gains. This was the brand’s 13th consecutive month of year-over-year sales gains.
In May, the Ram Truck brand introduced the Ram “Long-Hauler” Concept Truck, a vehicle designed for hauling, range and comfort. On display at select events across the country, the Ram Long-Hauler is based on a Class 5 Ram 5500 Chassis Cab, and is designed to tow multiple or heavy trailers and drive long distances. Designers upped the range between refueling stops with a mid-ship fuel tank. Combined with a 2nd frame-mounted tank and a 3rd, optional, bed-mounted auxiliary tank, total fuel capacity is 170 gallons.
Also in May, Chrysler Group, working in partnership with the U.S. Department of Energy, delivered the first of a demonstration fleet of Ram 1500 plug-in hybrid electric (PHEV) pickup trucks to municipal officials in Yuma, Ariz. The 10 PHEV Ram 1500 pickups are part of a national demonstration fleet of 140 vehicles that will be used during the next three years to evaluate customer usage, drive cycles, charging, thermal management, fuel economy, emissions and impact on the region’s electric grid.
Dodge Brand
Sales of the 2011 Dodge Nitro mid-size sport utility continued its string of year-over-year sales gains with a 7% increase compared with May a year ago. The Dodge Caravan was the brand’s volume leader in May. Sales of the minivan were up 7% compared with sales in the previous month of April 2011.
The totally revamped 2011 Dodge Journey was the proud winner of the 2011 “Family Car of Texas” in May. The Texas Auto Writers Association (TAWA) bestowed the honor after more than 50 journalists had the chance to get behind the wheel and drive the Journey at the group’s annual Spring Roundup at the Texas Motor Speedway in Fort Worth. The Journey received a major overhaul with a completely redesigned and retuned suspension, the new 3.6-liter Pentastar V-6 engine that delivers 283 hp and 260 lb.-ft. of torque, along with excellent fuel economy of up to 25 miles per gallon on the highway, and a gorgeous new interior.
Chrysler Brand
Sales of the new 2011 Chrysler 200 increased 154% in May compared with sales a year ago by the model’s previous generation. For 2011, every Chrysler brand vehicle is new or significantly refreshed, resulting in beautifully-crafted vehicles with new powertrains, upgraded suspensions and world-class interiors and an exhilarating driving experience.
The brand in May launched a new advertising campaign for the all-new Chrysler 300. The new advertising campaign continues the “Imported from Detroit” messaging featured in the Chrysler 200 Super Bowl commercial and takes it to a new level by delivering insightful stories of people who possess an exceptional capacity for hard work. Carrying the theme launched during the Super Bowl’s “Born of Fire” commercial, each individual featured in this campaign has a direct link to Detroit and shares the spirit of the city.
May 2011 U.S. Sales Highlights
Jeep brand sales (35,573 units) increased 55% compared with the same month last year (22,948 units)
Jeep Grand Cherokee sales (9,484 units) improved 192% versus May last year (3,246 units)
Sales of the new 2011 Jeep Compass (4,555 units) were up 92% compared with May 2010 (2,373 units)
Jeep Wrangler sales (10,008 units) increased 4% compared with May 2010 (9,634 units)
Jeep Liberty sales (6,048 units) increased 47% versus May last year (4,105 units)
Jeep Patriot (5,470 units) posted an 80% year-over-year sales increase
Ram Truck brand sales (21,467 units) increased 13% compared with the same month last year (18,930 units)
Ram pickup truck sales (20,117 units) improved 16% versus May 2010 (17,298 units)
Sales of the new 2011 Chrysler 200 (7,098 units) were up 154% versus sales of the model’s previous generation (2,798 units)
Dodge Nitro sales (1,900 units) increased 7% compared with May 2010 (1,774 units)
Chrysler Group truck sales (83,105 units) improved 17% versus May 2010 (71,222 units)
Jeep brand sales (35,573 units) increased 55% compared with the same month last year (22,948 units)
Jeep Grand Cherokee sales (9,484 units) improved 192% versus May last year (3,246 units)
Sales of the new 2011 Jeep Compass (4,555 units) were up 92% compared with May 2010 (2,373 units)
Jeep Wrangler sales (10,008 units) increased 4% compared with May 2010 (9,634 units)
Jeep Liberty sales (6,048 units) increased 47% versus May last year (4,105 units)
Jeep Patriot (5,470 units) posted an 80% year-over-year sales increase
Ram Truck brand sales (21,467 units) increased 13% compared with the same month last year (18,930 units)
Ram pickup truck sales (20,117 units) improved 16% versus May 2010 (17,298 units)
Sales of the new 2011 Chrysler 200 (7,098 units) were up 154% versus sales of the model’s previous generation (2,798 units)
Dodge Nitro sales (1,900 units) increased 7% compared with May 2010 (1,774 units)
Chrysler Group truck sales (83,105 units) improved 17% versus May 2010 (71,222 units)
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Hyundai Motor America today announced all-time record May sales of 59,214 units, up 21% compared with the same record-breaking period last year.
This marks the 5th consecutive month that Hyundai has set an all-time monthly sales record. For the year, total sales are up 29%, with retail volume rising 40%. Sales to fleet accounts represent 11% of the total sales year-to-date and just 7% for the month of May. 34% of Hyundai vehicles sold in May achieved 40 MPG fuel economy ratings.
"May was another outstanding month for Hyundai," said Dave Zuchowski, Hyundai Motor America's executive vice president of national sales. "With high gas prices continuing to alter consumer behavior, car buyers are increasingly looking at Hyundai's fuel-efficient line-up, with the all-new Accent, Elantra sedan, and Sonata Hybrid all delivering 40 miles per gallon, standard."
"The launch this month of the Assurance Trade-In Value Guarantee program, which takes the uncertainty out of future resale value, is another important plank in our comprehensive strategy to improve consideration, increase consumer confidence and continue to elevate the Hyundai brand," Zuchowski added.
"Consumer response to the Assurance Trade-In Value Guarantee program has been terrific – it's already driving a much higher level of consideration and brand lift than our original Assurance job-loss program, and is a key factor in our on-going retail sales strength," said John Krafcik, Hyundai Motor America's president and CEO. "While we've still got a lot of work to do, we're getting good response to our consumer-driven Hyundai recipe -- Assurance programs like Trade-In Value Guarantee and America's Best Warranty, industry-leading fuel economy, and the freshest designs in the industry."
Genesis' sustained growth trajectory continued with May representing the 23rd consecutive month of year-over-year sales increases for Hyundai's 1st premium products. Equus continues its strong launch, with sales and market share exceeding targeted levels.
While Hyundai sales were strong in all regions of the country, California was the brightest spot, with sales up 95% so far in 2011 vs. last year.
This marks the 5th consecutive month that Hyundai has set an all-time monthly sales record. For the year, total sales are up 29%, with retail volume rising 40%. Sales to fleet accounts represent 11% of the total sales year-to-date and just 7% for the month of May. 34% of Hyundai vehicles sold in May achieved 40 MPG fuel economy ratings.
"May was another outstanding month for Hyundai," said Dave Zuchowski, Hyundai Motor America's executive vice president of national sales. "With high gas prices continuing to alter consumer behavior, car buyers are increasingly looking at Hyundai's fuel-efficient line-up, with the all-new Accent, Elantra sedan, and Sonata Hybrid all delivering 40 miles per gallon, standard."
"The launch this month of the Assurance Trade-In Value Guarantee program, which takes the uncertainty out of future resale value, is another important plank in our comprehensive strategy to improve consideration, increase consumer confidence and continue to elevate the Hyundai brand," Zuchowski added.
"Consumer response to the Assurance Trade-In Value Guarantee program has been terrific – it's already driving a much higher level of consideration and brand lift than our original Assurance job-loss program, and is a key factor in our on-going retail sales strength," said John Krafcik, Hyundai Motor America's president and CEO. "While we've still got a lot of work to do, we're getting good response to our consumer-driven Hyundai recipe -- Assurance programs like Trade-In Value Guarantee and America's Best Warranty, industry-leading fuel economy, and the freshest designs in the industry."
Genesis' sustained growth trajectory continued with May representing the 23rd consecutive month of year-over-year sales increases for Hyundai's 1st premium products. Equus continues its strong launch, with sales and market share exceeding targeted levels.
While Hyundai sales were strong in all regions of the country, California was the brightest spot, with sales up 95% so far in 2011 vs. last year.