Feb 2019 Sales Thread
03-01-19, 08:43 AM
#1
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Feb 2019 Sales Thread
https://pressroom.toyota.com/release...2019+sales.htm
Toyota Motor North America Reports February 2019 Sales
- Tacoma sales increased 10.2 percent; up for the 16th consecutive month
- Highlander sales up 8.9 percent; a best-ever February
- Lexus RXh sales up 52.5 percent; a best-ever February
- Lexus Luxury SUV sales up 7.0 percent; a best-ever February
PLANO, Texas (March 1, 2019) – Toyota Motor North America (TMNA) today reported February 2019 sales of 172,748 vehicles, a decrease of 5.2 percent from February 2018 on a volume and daily selling rate (DSR) basis.
Toyota division posted February sales of 152,626 units, down 6.3 percent on a volume and DSR basis.
Lexus posted February sales of 20,122 vehicles, up 4.4 percent on a volume and a DSR basis.
February 2019 Highlights
- Corolla sales up 16.0 percent
- Highlander sales increased 8.9 percent; a best-ever February
- C-HR sales increased 7.3 percent; a best-ever February
- Tacoma up 10.2 percent; a best-ever February
- Land Cruiser sales increased 52.5 percent
- LX sales up 6.8 percent
- ES sales increased by 23.8 percent in February
- RC sales up 50.0 percent
- NXh sales up 39.8 percent; a best-ever February
- RXh sales up 52.5 percent
- Lexus Hybrid sales up 112.3 percent
- Lexus Luxury SUV sales up 7.0 percent; a best-ever February
03-01-19, 08:44 AM
#2
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Honda / Acura
https://acuranews.com/acura-automobi...bruary-results
Acura Sales Climb 11% as American Honda Posts Strong February Results
Mar 1, 2019
=center=centerTotal
115,139
-0.4%
=centerCars
51,262
-6%
=centerTrucks
63,877
+4.6%
=centerTotal
102,926
-1.6%
=centerCars
47,847
-5.5%
=centerTrucks
55,079
+2.1%
=centerTotal
12,213
+11.3%
=centerCars
3,415
-11.7%
=centerTrucks
8,798
+23.9%
"We're off to a good start in 2019 with notable gains for both cars and light trucks, bolstered by the arrival of our all-new Passport SUV," said Henio Arcangeli Jr., senior vice president of the American Honda Automobile Division. "Our terrific product lineup is helping grow sales in all key segments of our business and we are achieving this success by maintaining a disciplined approach to supply and incentive spending."
BRAND REPORT
BRAND REPORT
=center# # #
- Acura brand trucks set new February mark as RDX also gets record and MDX rises in double digits
- Honda HR-V sets February sales record, its best month since a June 2018 flood strapped supplies
- Honda Accord sales rise 2.5% in tight sedan market
- Honda CR-V gains 1.7%, surpassing 26,000 sales
=center=centerTotal115,139
-0.4%
=centerCars
51,262
-6%
=centerTrucks
63,877
+4.6%
=centerTotal
102,926
-1.6%
=centerCars
47,847
-5.5%
=centerTrucks
55,079
+2.1%
=centerTotal
12,213
+11.3%
=centerCars
3,415
-11.7%
=centerTrucks
8,798
+23.9%
"We're off to a good start in 2019 with notable gains for both cars and light trucks, bolstered by the arrival of our all-new Passport SUV," said Henio Arcangeli Jr., senior vice president of the American Honda Automobile Division. "Our terrific product lineup is helping grow sales in all key segments of our business and we are achieving this success by maintaining a disciplined approach to supply and incentive spending."
BRAND REPORT
Sales HighlightsHonda maintained a strong sales pace in February, with core models Accord and CR-V posting gains and HR-V setting a record, while the brand-new Passport SUV had its first full month of sales.
Model Notes
Honda began 2019 as the retail #1 passenger car brand in America, with Accord the retail best-selling midsize sedan for the 4th straight month and Civic entering its 4th year as America's retail best-selling car.
CR-V continues as the retail #1 CUV in America, while approaching nearly a 20% share in segment.
- Despite on-going sedan market headwinds, Accord gained 2.5% on sales of 20,254 units, continuing its retail sales leadership in the midsize segment.
- HR-V sales rose 4.4% in February on sales of 7,093 units, a new February record and its best month since the full impact of a flood that stopped production for four months last year.
- CR-V gained 1.7% in February, cresting 26,000 units for the month, while Pilot posted a strong month with sales of nearly 11,000 units.
- Sales of electrified models (over 4,500 units) remained strong with Insight topping 1,500 units to lead industry sales for dedicated hybrid models.
Model Notes
Honda began 2019 as the retail #1 passenger car brand in America, with Accord the retail best-selling midsize sedan for the 4th straight month and Civic entering its 4th year as America's retail best-selling car.
CR-V continues as the retail #1 CUV in America, while approaching nearly a 20% share in segment.
BRAND REPORT
Sales HighlightsAcura continued to gain traction as sales climbed more than 11% for the month. Acura trucks, up 24%, set a new February record. Sedans remained strong as ILX and TLX continue to outperform their segments in retail sales.
Model Notes
Coming off its best year ever, the new RDX has continued as the #1 retail-seller in segment, the #2 retail-selling luxury SUV and the #3 model in all of luxury.
Acura began 2019 with retail sales up 10% while key competitors experienced declines.
- RDX sales jumped 31.8% in February on sales of 4,965 units, a February record and the 9th consecutive month of record sales.
- MDX had a robust month, gaining 14.9% on sales of 3,833 units.
- ILX sales were up 15.8%, despite inventory issues related to the ramp-up of the refreshed 2019 model.
Model Notes
Coming off its best year ever, the new RDX has continued as the #1 retail-seller in segment, the #2 retail-selling luxury SUV and the #3 model in all of luxury.
Acura began 2019 with retail sales up 10% while key competitors experienced declines.
=center# # #
Back to Top Honda North America | 1919 Torrance Boulevard | Torrance, CA 90501 | Media Contacts
03-01-19, 08:48 AM
#3
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Fca
http://media.fcanorthamerica.com/new...id=20667&mid=1
FCA US Reports 2019 February Sales
- Ram brand reports record February as sales rise 24 percent.
- Jeep® Cherokee sets February record
- All new heavy-duty Ram begins to arrive in dealer showrooms
Following 11 straight months of year-over-year sales increases, the company's overall U.S. February sales retreated 2 percent to 162,036 vehicles in a soft market, compared with sales of 165,903 vehicles in February 2018. The Jeep brand is returning to a more "normal" sales cadence after benefiting from both the new and old Wrangler coming off the production lines this time last year.
"The overall industry is starting off slower due in part to weather, the U.S. government shutdown and concern over tax refunds,” U.S. Head of Sales Reid Bigland said. “We still see a strong, stable economy and anticipate any lost winter sales will be made up in the spring. For us, the Ram brand was the standout in February, and Jeep Cherokee set a February record as well."
See the attached table for the breakdown of brand and nameplate sales.
Method of Determining FCA US LLC’s Monthly Sales. FCA US’s reported vehicle sales represent unit sales of vehicles to retail customers, deliveries of vehicles to fleet customers and to others such as FCA US’s employees and retirees as well as vehicles used for marketing. Most of these reported sales reflect retail sales made by dealers out of their own inventory of vehicles previously purchased by them from FCA US. Reported vehicle units sales do not correspond to FCA US’s reported revenues, which are based on FCA US’s sale and delivery of vehicles, and typically recognized upon shipment to the dealer or end customer. As announced on July 26, 2016, FCA US has modified its methodology for monthly sales reporting as follows:
- Sales to retail customers by dealers in the U.S. are derived from the New Vehicle Delivery Report (“NVDR”) system and are determined as the sum of (A) all sales recorded by dealers during the month net of all unwound transactions recorded to the end of that month (whether the original sale was recorded in the current month or any prior month); plus (B) all sales of vehicles during that month attributable to past unwinds that had previously been reversed in determining monthly sales (in the current or prior months).
- Fleet sales are recorded upon the shipment of the vehicle by FCA US to the customer or end user.
- Other retail sales are recorded either (A) when the sale is recorded in the NVDR system (for sales by dealers in Puerto Rico and limited sales made through distributors that submit NVDRs in the same manner as for sales by U.S. dealers) or (B) upon receipt of a similar delivery notification (for vehicles for which NVDRs are not entered such as vehicles for FCA employees).
FCA US LLC is a North American automaker based in Auburn Hills, Michigan. It designs, manufactures, and sells or distributes vehicles under the Chrysler, Dodge, Jeep®, Ram, FIAT and Alfa Romeo brands, as well as the SRT performance designation. The Company also distributes Mopar and Alfa Romeo parts and accessories. FCA US is building upon the historic foundations of Chrysler Corp., established in 1925 by industry visionary Walter P. Chrysler and Fabbrica Italiana Automobili Torino (F.I.A.T.), founded in Italy in 1899 by pioneering entrepreneurs, including Giovanni Agnelli. FCA US is a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies. (NYSE: FCAU/ MTA: FCA).
This press release contains forward-looking statements. These statements are based on FCA’s current expectations and projections about future events and, by their nature, are subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Actual results may differ materially from those expressed in such statements as a result of a variety of factors, including: volatility and deterioration of capital and financial markets, including possibility of new Eurozone sovereign debt crisis, changes in commodity prices, changes in general economic conditions, economic growth and other changes in business conditions, weather, floods, earthquakes or other natural disasters, changes in government regulation, production difficulties, including capacity and supply constraints, and many other risks and uncertainties, most of which are outside of FCA’s control.
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Please login to view contact details.Jeff Bennett
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Special Report: 2019 FCA US LLC U.S. Sales ArchiveAttached
February 2019 sales chart (pdf)
03-01-19, 08:49 AM
#4
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Nissan
https://nissannews.com/en-US/nissan/...2019-u-s-sales
Nissan Group reports February 2019 U.S. sales
NASHVILLE, Tenn. – Nissan Group announced total U.S. sales for February 2019 of 114,342 units, a decrease of 12 percent compared to the prior year. Nissan highlights:- NV commercial van sales were 1,439 units, up 26 percent to achieve a February record.
- Armada SUV sales rose 25 percent to 3,190 units.
- Versa sales rose 3 percent in February to 7,410 units.
03-01-19, 08:51 AM
#5
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Mitsubishi
https://media.mitsubishicars.com/rel...es-in-15-years
Mitsubishi Motors Reports Best February Sales in 15 Years /
March 01, 2019 CYPRESS, Calif. – Mitsubishi Motors North America, Inc. (MMNA), the fastest-growing Asian brand in the U.S. for the second consecutive year*, today reported February 2019 sales of 13,760, an increase of 6.1 percent over February 2018. February 2019's sales results represent MMNA's best February sales since 2004.News and Notes:
- Eclipse Cross posted its highest sales month since being introduced in early 2018, with 4,291 vehicles sold
- MMNA's CUV lineup posted combined sales of 11,968 vehicles sold in February, up 8.4 percent over February 2018
- Continuing to buck the trend of consumers' departure from passenger cars, Mirage and Mirage G4 combined for 1,792 vehicles sold, up 35.4 percent over February of 2018. Mirage G4 is the most fuel-efficient gasoline-fueled non-hybrid passenger car available in the United States**
- 2019 calendar year sales of 22,468 vehicles sold represent a year-over-year increase of 4.7 percent compared to the same period in 2018
03-01-19, 09:12 AM
#6
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Infiniti
https://infinitinews.com/en-US/infin...2019-u-s-sales
INFINITI reports February 2019 U.S. sales
2019
2018
% Change
February Sales
10,607
12,820
-17.3
CYTD Sales
20,909
23,455
-10.9
NASHVILLE, Tenn. – INFINITI today reported U.S. sales of 10,607 vehicles in February.The QX80 full-size sport utility, up 17 percent, and the QX60 seven-passenger crossover, up 6 percent, had their best February ever. Overall, deliveries of INFINITI's crossover and sport utility vehicles increased 2 percent for the month and 5 percent for the year.
03-01-19, 09:13 AM
#7
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Trending Topics
03-01-19, 10:10 AM
#8
Lexus Fanatic
iTrader: (20)
what's up with nissan lately... down 19% last month (yoy) and 12% this month. 
03-01-19, 10:14 AM
#9
Lexus Fanatic
iTrader: (20)
cr-v and rav4 neck and neck. 
03-01-19, 11:54 AM
#10
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Audi
https://media.audiusa.com/en-us/releases/304
Audi of America February sales down 12 percent; A6 and Q5 lead demand
03-01-19, 11:55 AM
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Hyundai
https://www.hyundainews.com/en-us/releases/2726
Hyundai Motor America Reports February 2019 Sales
- Hyundai Total Sales Up 2 Percent; Retail Sales Up 6 Percent
- Best Total SUV February Sales Ever
- Record February Sales for Santa Fe and Tucson
FOUNTAIN VALLEY, Calif., March 1, 2019 – Hyundai Motor America reported February sales of 45,612 units, a 2 percent increase in comparison with February 2018 and the seventh straight month of increasing sales for Hyundai. Retail sales in February grew 6 percent as Hyundai’s SUV portfolio continues to resonate with customers, while fleet deliveries were down 9 percent. Hyundai sales in 2019 are off to a strong start, up 2 percent on the year.
Sales SummaryFeb-19
Feb-18
2019 YTD
2018 YTD
Hyundai
45,612
44,732
86,408
84,361
February HighlightsHyundai sold 25,024 SUVs, representing 55 percent of the total sales volume. This was an all-time February SUV sales record with an increase of 38 percent compared with February 2018 and the seventh consecutive monthly SUV sales record. Santa Fe and Santa Fe XL total sales grew by 5 percent, while retail sales of Santa Fe were up 35 percent. Tucson established its February sales record with 9,411 units sold, up 12 percent compared with last year. Kona, the recently named North American Utility Vehicle of the Year, rounded out the SUV sales story with sold 5,686 units sold, including the start of Kona Electric sales. Veloster was also up 15 percent, while the Veloster N continues to receive rave reviews from customers, media and automotive enthusiasts.“February was a positive month for Hyundai as we achieved a 6 percent increase in retail sales and as a result expect to gain retail market share,” said John Cook, director, Sales Operations, Hyundai Motor America. “Our revamped product lineup is driving consumer interest as we’ve increased sales in each of the past seven months. Our vehicles continue to win some of the most important industry honors for performance, design, quality and cost-to-own leadership. Combine that with the efforts of our dealers to improve the customer experience and improving residual values, and we are optimistic for continued retail success throughout the rest of 2019.”
February Product and Corporate Activities
- Kona Awards: The accolades continue to roll in for Kona as S. News & World Report named it the best subcompact SUV for the money, while Edmunds honored the Kona Electric as the Editors’ Choice for Best EV. This follows Kona winning the North American Utility Vehicle of the Year and being selected as a Car and Driver 10Best Truck and SUV.
- First Kona EV Delivery: Hyundai marked a milestone with its first Kona Electric sale to Donald Small, M.D., Ph.D., a pediatric oncologist and director of the Johns Hopkins Kimmel Cancer Center’s Division of Pediatric Oncology.
- Northern California NEXO Sale: Hyundai also celebrated its first NEXO fuel cell SUV delivery in Northern California to Dr. Steven Vo at Capitol Hyundai in San Jose. He become the first Northern California customer to drive off in the all-new NEXO, the only mass-produced fuel cell SUV for the U.S. market, boasting a range up to 380 miles.
- Santa Fe Most Dependable Midsize SUV: Santa Fe received the distinct honor of being named the most dependable midsize SUV in the J.D. Power 2019 Vehicle Dependability Study (VDS). The annual Vehicle Dependability Study shows Santa Fe ranked highest in its class, beating out leading competitors in the 2016 model year.
- Santa Fe Long-Term Ownership Value Award: The 2019 Hyundai Santa Fe also received the 2019 Kelley Blue Book 5-Year Cost to Own Award for the mid-size SUV/crossover (2-row) class.
- Veloster N Wins MotorWeek Drivers' Choice Award: MotorWeek awarded the Veloster N the 2019 Drivers’ Choice Award for Best Sport Coupe. The annual MotorWeek competition has been ongoing consecutively for 38 years.
- Best Performing Automotive Super Bowl Commercial: Consumers ranked Hyundai’s Super Bowl ad, “The Elevator,” the fourth best commercial overall and No. 1 automotive ad on USA TODAY’s Ad Meter.
03-01-19, 11:56 AM
#12
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Kia
https://www.kiamedia.com/us/en/media...bruary-sales11
KIA MOTORS AMERICA ANNOUNCES FEBRUARY SALES
Rio, Soul, Optima and Sportage Post Double-Digit Year-Over-Year Increases
IRVINE, Calif., March 1, 2019 – Kia Motors America today announced February sales of 43,406 vehicles, up 6.7-percent over the same period last year. The month also saw the first retail deliveries of the all-new 2020 Telluride SUV which was designed in California and is assembled in West Point, Georgia1.
“Kia continued to gain valuable sales momentum in February as consumers took delivery of the first Telluride models to hit showrooms,” said Bill Peffer, vice president, sales operations, Kia Motors America. “With the all-new Soul expected to join Telluride in dealerships over the next few weeks, we have a tremendous one-two new product punch which will continue driving traffic to Kia dealerships through the first quarter.”
03/01/19 | ID: 14997
IRVINE, Calif., March 1, 2019 – Kia Motors America today announced February sales of 43,406 vehicles, up 6.7-percent over the same period last year. The month also saw the first retail deliveries of the all-new 2020 Telluride SUV which was designed in California and is assembled in West Point, Georgia1.
“Kia continued to gain valuable sales momentum in February as consumers took delivery of the first Telluride models to hit showrooms,” said Bill Peffer, vice president, sales operations, Kia Motors America. “With the all-new Soul expected to join Telluride in dealerships over the next few weeks, we have a tremendous one-two new product punch which will continue driving traffic to Kia dealerships through the first quarter.”
About Kia Motors AmericaHeadquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands and 50 Best Global Green Brands by Interbrand. Kia serves as the "Official Automotive Partner" of the NBA and LPGA and offers a complete range of vehicles sold through a network of nearly 800 dealers in the U.S., including cars and SUVs proudly assembled in West Point, Georgia.* For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.
* The Sorento and Optima GDI (S, EX, SX and certain LX Trims only) are assembled in the United States from U.S. and globally sourced parts.
1Arriving Spring, 2019 with limited availability.Telluride is assembled in the United States from U.S. and globally sourced parts.
03-01-19, 11:58 AM
#13
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Detroit News
https://www.freep.com/story/money/ca...ca/2980093002/
Monthly auto sales reports likely to fade away
Jamie L. LaReau, Detroit Free Press Published 11:35 a.m. ET March 1, 2019 | Updated 2:09 p.m. ET March 1, 2019In the summer of 2017, General Motors executives started questioning a decades-old industry norm: Reporting vehicle sales every month. They ditched the practice in April 2018, choosing to report sales only on a quarterly basis."We knew that a lot of our competitors would watch to see what our experience would be and if we’d stick to our guns," said GM spokesman Jim Cain. "We always expected they’d follow."In fact, Ford last month switched to quarterly reports.Fiat Chrysler Automobiles and the foreign automakers continue to report each month. On Friday, they reported retail new vehicles sales for February, with FCA sales down 2 percent from a year before. 
From the 1920s through the 1980s automakers reported car sales every 10 days. Here new cars fill the top deck of M/V HIGHWAY 16, formerly USS LST 393 circa 1970. (Photo: Sand Products Corporation)"How would anyone take on a task that massive when people were still using adding machines and slide rulers?" marveled GM's Cain. But it served a purpose at that time. GM nearly collapsed then due to a lack of information about sales and inventory, so it needed the reports. Soon, other carmakers followed, and the 10-day sales report became the norm for nearly 60 years.Then on Dec. 1, 1990, Chrysler cited cost and the hassle of tabulating the numbers every two weeks as one reason to switch to a 30-day schedule. It also said the short 10-day reporting periods exaggerated Asian automakers' gains in the U.S. market.Soon others followed and 30-day sales reports became the norm.
More: Why optimism is up in the auto industry despite lower January salesSmoke said February sales results might have been helped by consumer fear that new car prices will rise later this year if President Donald Trump enacts tariffs on imported vehicles.“February could be one of the last really strong months of the year because there are other headwinds facing us,” said Smoke. The month's results are a good barometer of, "the gradual sales decline we expect through 2019," said Jeremy Acevedo, Edmunds' manager of industry analysis. "We're really starting to see a slump in retail demand that stems from the growing costs of new car purchases."Here are the February results compared to February 2018.
*** Automotive forecast: 2.5 percent
Actual results: -2 percent (162,036 vehicles)Fiat Chrysler's Jeep brand, which was red hot in 2018, cooled off a bit in February with a 4 percent sales decline. Most notably, sales of the completely redesigned Wrangler SUV, launched last year, are down 6 percent to 15,001.The Ram truck and van brand soared 24 percent to 45,542 trucks sold in the month. But the Chrysler, Dodge, Fiat and Alfa Romeo brands posted declines of 36 percent, 8 percent, 50 percent and 13 percent, respectively.
*** Automotive forecast: -1.2 percent
Actual results: -5.2 percent (172,748)Toyota's namesake brand declined by 6.3 percent in sales to 152,626, while its luxury Lexus lineup reported a 4.4 percent gain in sales to 20,122.The Tacoma truck had its best-ever February sales posting a 10.2 percent gain, and in a market dominated by pickup and SUV sales, the Corolla sedan bucks the trend. Its sales last month rose by 16.3 percent to 27,363 cars.
*** Automotive forecast: -0.5 percent
Actual results: -0.4 percent (115,139)The company's namesake Honda brand recorded a sales decrease of 1.6 percent, while the luxury Acura brand increased 11.3 percent. Honda and Acura combined sales of SUVs, crossovers and pickups rose 4.6 percent, mitigating a 6 percent plummet in car sales.Honda maintained a strong sales pace in February, with its core models such as the Accord sedan and CR-V crossover posting gains and its HR-V small crossover setting a record. HR-V sales rose 4.4 percent in February on sales of 7,093 units, a new February record and its best month since the full impact of a flood that stopped production for four months last year. Honda's new Passport SUV had its first full month of sales selling 1,848.
*** Automotive forecast: -6.1 percent
Actual results: -12 percent (114,342 vehicles)Nissan sales plunged by double digits for the sixth time in the last eight months. The company's namesake brand reported a sales decline of 11.4 percent, while its sales in its luxury Infiniti lineup tumbled 17.3 percent.Nissan's most popular model, the Rogue crossover, saw its sales fall 16.3 percent to 31,899. That's a slightly better performance over January's sales of the vehicle. In January, Rogue sales fell 27.8 percent to 26,113.
*** Automotive forecast: -1.3 percent
Actual results: GM no longer reports sales on a monthly basis.
*** Automotive forecast: -1.7 percent
Actual results: Ford no longer reports sales on a monthly basis.
*** Automotive forecast: 3.7 percentActual results: Hyundai sales rose 2 percent to 45,612, the seventh straight month of gains. Hyundai sold 25,024 SUVs, representing 55 percent of the total sales volume. This was an all-time February SUV sales record with an increase of 38 percent compared with February 2018 and the seventh consecutive monthly SUV sales record. Kia sales rose 6.7 percent to 43,406. During the month, Kia made its first retail deliveries of the redesigned 2020 Telluride SUV.
*** Automotive forecast: -1.1 percentActual results: 6.0 percent (26,660)Volkswagen's SUV sales accounted for 54 percent of total volume in the month for the Volkswagen brand. The redesigned 2018 Tiguan had its best month to date with 7,486 units sold.
*** Automotive forecast: 1.6 percent
Actual results: Not yet available.Actual results: 3.9 percent (49,081 vehicles)Subaru reported its 87th consecutive months of yearly, month-over-month growth and the best February ever for Ascent SUV and Forester SUV sales.
*** Automotive forecast: (not provided)
Actual results: Like GM and Ford, Tesla reports vehicle sales on a quarterly basis.The full-year forecast is for the industry is 16.8 million new vehicle sales, according to *** Automotive, down from a robust 17.3 million vehicles last year.Contact Jamie L. LaReau at 313-222-2149 or jlareau@freepress.com. Follow her on Twitter @jlareauan. Read more on General Motors and sign up for our autos newsletter.
Every 10 days?
GM says quarterly reports more accurately reflect market trends than shorter-term snapshots.“The media and economists are trying to get a view on exactly how the market is functioning the day of sales reporting, and we don’t have enough data to conclude everything,” said Jonathan Smoke, chief economists for *** Automotive. “We won’t know how much of those results are due to fleet sale. Or how much of that was incentivized. In the future, I foresee everyone moving away from monthly reports." Quarterly reports will allow analysts to dig in to spot real market trends, said Smoke. But if more carmakers switch to quarterly sales, “You have to rely on third-party and government data. So we’ll have more uncertainty and the automakers will lose some control over the dialogue of how their business is performing.”High interest in numbers
The idea of reporting car sales every month versus every three months still has value, other analysts say.“There is a lot of interest in these (monthly) numbers,” said Jessica Caldwell, executive director of industry analysis for Edmunds. “We live in a world where there is so much information that people want more information versus less.”In an ironic twist, it was GM that initially provoked short-term car-sales reporting in the 1920s. Then, longtime GM Chairman Alfred Sloan devised the idea of compiling dealers' sales every 10 days and reporting it to the public.From the 1920s through the 1980s automakers reported car sales every 10 days. Here new cars fill the top deck of M/V HIGHWAY 16, formerly USS LST 393 circa 1970. (Photo: Sand Products Corporation)GM tunes out noise
By 2017, GM considered the massive time it took to compile its sales stats each month and recognized that the results did not significantly move the stock to provide long-term shareholder value, said Cain. GM looked at the airline and retail industries, too, as examples of moving to quarterly reports years ago. Walmart changed its sales reporting in 2009, for example."We found in the first hour of trading, you’d see much larger price changes which would smooth themselves out over the course of the day, so we were creating that short-term volatility simply by the way the industry was releasing the sales," said Cain. Also, the auto industry is highly competitive and volatile. Numerous factors can drive sales in either direction in any given month. For example, a severe storm could wipe out dealer inventory, eroding sales that month. Cain said 30-day sales reports make it "difficult to see through all the noise and see of what the real trends are."But on a quarterly basis, those short-term fluctuations that influence sales tend to smooth themselves out, Cain said.Ford's move
For example, new car sales are typically slow in January and February, but tend to spike in March, making the first-quarter report more complete.For that reason, other automakers might follow GM's lead, but others, especially smaller ones such as Subaru, might not because a monthly sales report allows them to, "get into the news cycle more frequently,” said Caldwell.Ford made its decision to move to quarterly sales calls in January, saying the move was what was "best for our business," said Said Deep, Ford spokesman.Ford still provides its monthly sales numbers to some of the data houses, but will only host an analyst and media sales call once a quarter, said Deep. The decision "was a result of trying to smooth out our sales data. Monthly sales can be more volatile," Deep said. "The information is still out there for those who need it on a monthly basis, we're just having our calls on a quarterly basis."Ford's decision made sense, said Thomas King, senior vice president at JD Power’s Data and Analytics Division. King said he wasn’t surprised that Ford followed GM.“Typically, if one makes the shift, it makes it much easier for others to follow," said King. "There’s a lot of media coverage on the stock prices of those companies, so their focus was on how the monthly sales reports impacted the stock prices. The open question is will others follow?”Icy February sales
Stephanie Brinley, IHS Markit principal analyst, said in considering a switch to quarterly sales reporting, each automaker has to decide what works best for its metrics and “the stories they want to tell.” But she's in favor of the quarterly reports saying bigger picture prevents misreading market trends and not getting monthly numbers doesn't negatively impact her analysis.“I don’t think we’re hurt by some of them going to quarterly,” said Brinley. “For the year that GM has done it, I don’t think we understand the company less well by going to quarterly.”Meanwhile, February new-vehicle sales for those that did report came in cooled from 2016's record level of 17.5 million vehicles as Americans buy lightly used vehicles coming off leases. Other consumers are keeping their vehicles longer because quality and durability have improved.ore: Toyota, Nissan sales fall, but Fiat Chrysler, Honda post gains despite polar vortexMore: Why optimism is up in the auto industry despite lower January salesSmoke said February sales results might have been helped by consumer fear that new car prices will rise later this year if President Donald Trump enacts tariffs on imported vehicles.“February could be one of the last really strong months of the year because there are other headwinds facing us,” said Smoke. The month's results are a good barometer of, "the gradual sales decline we expect through 2019," said Jeremy Acevedo, Edmunds' manager of industry analysis. "We're really starting to see a slump in retail demand that stems from the growing costs of new car purchases."Here are the February results compared to February 2018.
Fiat Chrysler
Edmunds forecast: -1.9 percent*** Automotive forecast: 2.5 percent
Actual results: -2 percent (162,036 vehicles)Fiat Chrysler's Jeep brand, which was red hot in 2018, cooled off a bit in February with a 4 percent sales decline. Most notably, sales of the completely redesigned Wrangler SUV, launched last year, are down 6 percent to 15,001.The Ram truck and van brand soared 24 percent to 45,542 trucks sold in the month. But the Chrysler, Dodge, Fiat and Alfa Romeo brands posted declines of 36 percent, 8 percent, 50 percent and 13 percent, respectively.
Toyota
Edmunds forecast: -3.0 percent*** Automotive forecast: -1.2 percent
Actual results: -5.2 percent (172,748)Toyota's namesake brand declined by 6.3 percent in sales to 152,626, while its luxury Lexus lineup reported a 4.4 percent gain in sales to 20,122.The Tacoma truck had its best-ever February sales posting a 10.2 percent gain, and in a market dominated by pickup and SUV sales, the Corolla sedan bucks the trend. Its sales last month rose by 16.3 percent to 27,363 cars.
Honda
Edmunds forecast: -1.4 percent*** Automotive forecast: -0.5 percent
Actual results: -0.4 percent (115,139)The company's namesake Honda brand recorded a sales decrease of 1.6 percent, while the luxury Acura brand increased 11.3 percent. Honda and Acura combined sales of SUVs, crossovers and pickups rose 4.6 percent, mitigating a 6 percent plummet in car sales.Honda maintained a strong sales pace in February, with its core models such as the Accord sedan and CR-V crossover posting gains and its HR-V small crossover setting a record. HR-V sales rose 4.4 percent in February on sales of 7,093 units, a new February record and its best month since the full impact of a flood that stopped production for four months last year. Honda's new Passport SUV had its first full month of sales selling 1,848.
Nissan
Edmunds forecast: -12.9 percent*** Automotive forecast: -6.1 percent
Actual results: -12 percent (114,342 vehicles)Nissan sales plunged by double digits for the sixth time in the last eight months. The company's namesake brand reported a sales decline of 11.4 percent, while its sales in its luxury Infiniti lineup tumbled 17.3 percent.Nissan's most popular model, the Rogue crossover, saw its sales fall 16.3 percent to 31,899. That's a slightly better performance over January's sales of the vehicle. In January, Rogue sales fell 27.8 percent to 26,113.
GM
Edmunds forecast: -5.8 percent*** Automotive forecast: -1.3 percent
Actual results: GM no longer reports sales on a monthly basis.
Ford Motor Co.
Edmunds forecast: -0.8 percent*** Automotive forecast: -1.7 percent
Actual results: Ford no longer reports sales on a monthly basis.
Hyundai-Kia
Edmunds forecast: 0.6 percent*** Automotive forecast: 3.7 percentActual results: Hyundai sales rose 2 percent to 45,612, the seventh straight month of gains. Hyundai sold 25,024 SUVs, representing 55 percent of the total sales volume. This was an all-time February SUV sales record with an increase of 38 percent compared with February 2018 and the seventh consecutive monthly SUV sales record. Kia sales rose 6.7 percent to 43,406. During the month, Kia made its first retail deliveries of the redesigned 2020 Telluride SUV.
Volkswagen Group
Edmunds forecast: -3.3 percent (does not include Porsche)*** Automotive forecast: -1.1 percentActual results: 6.0 percent (26,660)Volkswagen's SUV sales accounted for 54 percent of total volume in the month for the Volkswagen brand. The redesigned 2018 Tiguan had its best month to date with 7,486 units sold.
Subaru
Edmunds forecast: (not provided)*** Automotive forecast: 1.6 percent
Actual results: Not yet available.Actual results: 3.9 percent (49,081 vehicles)Subaru reported its 87th consecutive months of yearly, month-over-month growth and the best February ever for Ascent SUV and Forester SUV sales.
Tesla
Edmunds forecast: 19,644 vehicles (year over year comparison not provided)*** Automotive forecast: (not provided)
Actual results: Like GM and Ford, Tesla reports vehicle sales on a quarterly basis.The full-year forecast is for the industry is 16.8 million new vehicle sales, according to *** Automotive, down from a robust 17.3 million vehicles last year.Contact Jamie L. LaReau at 313-222-2149 or jlareau@freepress.com. Follow her on Twitter @jlareauan. Read more on General Motors and sign up for our autos newsletter.
03-01-19, 12:04 PM
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03-01-19, 12:37 PM
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Volvo
https://www.media.volvocars.com/us/e...ebruary-sales1
Volvo Reports February Sales
Mar 01, 2019 ID: 249676
For sales by model click here: https://www.media.volvocars.com/us/en-us/corporate/sales-volumes
About VolvoVolvo Car USA, LLC, (www.volvocars.com/us) is a subsidiary of Volvo Car Group of Gothenburg, Sweden. VCUSA provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the United States. For more information please refer to the VCUSA media website at: http://www.media.volvocars.com/us.