June 2019 Sales thread
07-01-19 | 08:43 PM
#1
Thread Starter
Lexus Fanatic
iTrader: (20)
Joined: Feb 2001
Posts: 75,643
Likes: 2,591
From: Present
June 2019 Sales thread
U.S. auto sales seen dropping in June: J.D. Power, LMC Automotive
(Reuters) - U.S. auto sales are expected to drop 1.5% in June from a year earlier, as higher prices continue to keep buyers away, according to industry consultants J.D. Power and LMC Automotive.
The consultancies estimate total U.S. vehicle sales of about 1.47 million units in June, with retail sales of new vehicles expected to drop 2.9% to 1.15 million units.
Demand for new vehicles was affected by higher prices, outweighing the strong economy and record-high consumer sentiment that otherwise should have boosted auto sales growth.
“Average transaction prices set a record during the first half which has big implications for manufacturer revenues,” Thomas King, senior vice president of the data and analytics division at J.D. Power, said in a statement.
Despite lower volumes, net revenue of automakers is rising due to higher prices. New vehicle prices are on pace to reach $33,346 for the first six months and also the highest-ever for the first half of the year. The prices for the first half were up nearly 4% from a year earlier.
Average incentive spending per unit for the first six months, however, fell about $130 to $3,788, compared with a year earlier.
“A much more dovish Fed is under pressure and is now expected to make a series of interest rate cuts. This will provide support for auto sales in the second half of the year and help offset rising vehicle prices and the current level of incentives,” Jeff Schuster, president of LMC Automotive’s Americas operations and global vehicle forecasts, said in the statement.
The average number of days a new vehicle remain with dealers before being sold to a retail customer are 75 days through June 23, up six days from a year earlier.
But sales of used vehicles are getting a boost, offsetting challenges in new vehicle operations for many dealers.
Used vehicle sales at franchised dealers are expected to increase by nearly 9% in the first half, according to the consultancies.
LMC Automotive, however, maintained its forecast for total light-vehicle sales of 16.9 million units in 2019, a 2.1% fall from the previous year.
https://www.reuters.com/article/us-a...-idUSKCN1TS1Y0
07-02-19 | 07:37 AM
#2
Lead Lap
Joined: Dec 2005
Posts: 4,262
Likes: 10
From: NC
Fca
https://media.fcanorthamerica.com/ne...id=20914&mid=1
FCA Reports June 2019 U.S. Sales
See Also
Special Report: 2019 FCA US LLC U.S. Sales ArchiveAttached
sales chart (pdf)- FCA US reports best June retail sales in 18 years; best total sales in 14 years
- Ram pickup trucks notch record as sales jump 56 percent to 68,098 vehicles sold
- Jeep® Gladiator captures an estimated 7 percent of the mid-sized truck market in its first full month in dealerships
- Dodge Charger posts highest June sales in 12 years
- FCA ends monthly sales reporting; first quarterly report to occur Oct. 1
- Dodge Charger posts highest June sales in 12 years
- Jeep® Gladiator captures an estimated 7 percent of the mid-sized truck market in its first full month in dealerships
- Ram pickup trucks notch record as sales jump 56 percent to 68,098 vehicles sold
July 2, 2019 , Auburn Hills, Mich. - FCA US LLC reported its best June in 14 years as total sales climbed 2 percent to 206,083 vehicles, driven by Ram pickup trucks which had its highest month of sales since the brand was detached from Dodge and launched as a standalone division in 2009.
Sales of Ram pickups for June rose 56 percent to 68,098 vehicles. For the quarter, Ram pickup truck sales finished at 179,454 vehicles.
Jeep® Gladiator sales reached 4,231 vehicles sold, which helped the nameplate capture an estimated 7 percent of the mid-sized truck market after only one full month on dealership lots.
The Dodge Charger also reached its highest level since 2007 with sales of 9,034 vehicles.
Overall, June retail sales for FCA US hit the highest level in 18 years with 156,588 vehicles sold. Fleet sales totaled 49,495 vehicles and accounted for 24 percent of total sales.
"For the 1st-half of 2019, Ram has been on a tear since we made the strategic decision to enter the year with a 3-truck strategy. The new Ram 1500, Ram Classic and Heavy Duty are all generating a huge response from customers and critics alike,” Head of U.S. Sales Reid Bigland said. “This is now the 3rd month Ram pickup sales have surpassed 60,000 since December. Our dealers had a steady stream of customers all month long.”
June results also mark the end of monthly sales reporting by FCA US LLC. The first quarterly sales report will occur on Oct. 1, covering the months of July, August and September.
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).
- Fleet sales are recorded upon the shipment of the vehicle by FCA US to the customer or end user.
Last edited by GS69; 07-02-19 at 07:41 AM.
07-02-19 | 07:43 AM
#3
Lead Lap
Joined: Dec 2005
Posts: 4,262
Likes: 10
From: NC
Mistubishi
https://media.mitsubishicars.com/rel...une-2019-sales
Mitsubishi Motors Reports June 2019 Sales /
July 02, 2019
CYPRESS, Calif., July 2, 2019 – Mitsubishi Motors North America, Inc. (MMNA), the fastest-growing Asian brand in the U.S. for the 2nd consecutive year*, today reported June 2019 sales of 12,317 vehicles, a 10.5% increase over last June. Calendar year-to-date sales through the end of June stood at 71,097 vehicles, representing a year-over-year increase of 5.6% compared to the same period in 2018.
News & Notes
- June sales of the distinctively designed Eclipse Cross more than doubled year-over-year.
- Mitsubishi’s 7-passenger Outlander continued to perform well; June sales were up 52.5% year-over-year and calendar year-to-date sales were up 8.9%.
- 2019 remains the brand’s best calendar year-to-date sales since 2004.
- MMNA announced earlier this month it would relocate its national headquarters to Franklin, Tenn.
- MMNA added 2 more new dealer partners last month, in New Bedford, Mass., and Mechanicsburg, Penn.
- MMNA announced earlier this month it would relocate its national headquarters to Franklin, Tenn.
- 2019 remains the brand’s best calendar year-to-date sales since 2004.
- Mitsubishi’s 7-passenger Outlander continued to perform well; June sales were up 52.5% year-over-year and calendar year-to-date sales were up 8.9%.
07-02-19 | 08:23 AM
#4
Lead Lap
Joined: Dec 2005
Posts: 4,262
Likes: 10
From: NC
Hyundai
https://www.hyundainews.com/en-us/releases/2806
Hyundai Motor America Reports June 2019 Sales
- Hyundai Total Sales Up 2%
- Record June SUV Sales Month
- SUV Sales Represented 53% of Total Volume
- First Palisades Sold in June
Retail Highlights
On the retail front, Santa Fe (up 33%), Tucson (up 13%), Kona (40%) and Veloster (9%) all achieved retail sales gains in June. Retail SUV sales finished at 25,273 units, an all-time high, representing a 55% mix of the total volume compared with 44% mix in June 2018. On the year, Hyundai retail sales are up 1%.
Sales Summary
June-19
June-18
2019 YTD
2018 YTD
Hyundai
64,202
63,256
333,328
327,786
June Highlights
Hyundai SUV sales had an impressive June, growing 10% compared with June 2018. Santa Fe and Santa Fe XL sales were up a combined 36%, while Santa Fe on its own had its best month of all time with sales growing 84%. Kona sales increased by 50% and inventory of Hyundai’s flagship premium three-row Palisade SUV began arriving at U.S. dealers with 383 sold in the month. The strong SUV performance represented 53% of total Hyundai sales. On the car front, Veloster sales continued its recent gains, increasing by 49%, while Accent was up 24%. Hyundai’s eco-friendly vehicles also performed well with Ioniq achieving its best June ever with sales up 7%.
“June was a momentous month for Hyundai as we started sales of our flagship and most premium SUV ever, the Palisade,” said Randy Parker, vice president, National Sales, Hyundai Motor America. “The reviews from highly-respected media and analysts exceeded our expectations and we anticipate consumers will have a similar reaction to the vehicle that rounds out the top of our SUV portfolio. While there is some overall industry slowing, we continue to outperform the market and gain share as our product mix is aligning with consumers’ SUV preferences along with a versatile lineup of cars and alternative-powered vehicles.”
June Product and Corporate Activities
- D. Power IQS: Hyundai again bested most of the industry, finishing as the second-highest non-premium brand in J.D. Power’s 2019 U.S. Initial Quality Study (IQS) for the second consecutive year, while also maintaining its third overall ranking.
- Tucson an IIHS TOP SAFETY PICK+: The 2019 Hyundai Tucson was upgraded to a 2019 TOP SAFETY PICK+ from the Insurance Institute for Highway Safety (IIHS). The 2019 TOP SAFETY PICK+ award applies to Tucsons equipped with Forward Collision-Avoidance Assist and LED headlights built after March 2019. Hyundai has 11 vehicles that have received the TOP SAFETY PICK or TOP SAFETY PICK+ Awards when equipped with optional front crash prevention and specific headlights, tied for the most in the industry.
- Automotive Science Group Awards: The 2019 Ioniq Plug-in, Ioniq Hybrid, Santa Fe, and Kona all earned Performance Awards in their respective categories from Automotive Science Group (ASG). These awards come after an annual study that reviews a vehicle’s social, environmental, and economic performance.
- Lyft Rides for Service Customers at Hyundai Dealers: Hyundai dealers across the country that subscribe to the Hailer service through CDK Global, Inc. can give millions of owners easy access to Lyft rides while their vehicles are being serviced.
- MotorTrend Pole Position: Next Level: Hyundai and MotorTrend launched a new six-episode documentary series that features the Hyundai IMSA TCR class races, behind the scenes footage and in-depth interviews.
- Live Nation Partnership: At the Cannes Lions International Festival of Creativity, Live Nation and Hyundai announced a partnership at the 25th annual Music Midtown festival in September, where Hyundai will be the first company to leverage a selection of Live Nation’s new augmented reality products for the 2020 Sonata.
- OUT for Greatness: In recognition of pride month and as part of Hyundai’s ongoing support for the LGBTQ community, the company debuted an original branded content series that gives voice to some of the best up-and-coming LGBTQ talent.
07-02-19 | 08:55 AM
#5
Lead Lap
Joined: Dec 2005
Posts: 4,262
Likes: 10
From: NC
Toyota
https://pressroom.toyota.com/toyota-...ne-2019-sales/
Toyota Motor North America Reports U.S. Sales for June, 1st Half of 2019
July 02, 2019- RAV4 sales up 3.8 percent, marking a best-ever June; an increase of 1.1 percent year-to-date (YTD)
- Tacoma up 4.8 percent YTD; marking a best-ever quarter and a best-ever first half
- Hybrid sales up 31.7 percent for Toyota in June and 63.4 percent for Lexus YTD
PLANO, Texas (July 2, 2019) – Toyota Motor North America (TMNA) today reported June 2019 sales of 202,352 vehicles, a decrease of 3.5 percent on a volume basis and an increase of 0.3 percent on a daily selling rate (DSR) basis versus June 2018.
For the 1st half of the year, TMNA reported sales of 1,152,108 vehicles, down 3.1 percent on a volume basis versus the same period in 2018. On a DSR basis, sales were down 2.5 percent versus last year.
Toyota division posted June 2019 sales of 179,305 vehicles, down 3.5 percent on a volume basis and up 0.2 percent on a DSR basis.
“As we close out the second quarter, our sales are heating up, led by the red-hot RAV4, Tacoma and light trucks. New technology and improved styling has made our hybrid game better than ever, taking our sales up more than 31 percent from last June,” said Jack Hollis, group vice president and general manager, Toyota division. “With the momentum we gained in the 2nd quarter, we’re looking forward to continued sales success through the back half of 2019, with the return of the iconic Supra, launch of the all-new Highlander, and a few other surprises that you won’t want to miss.”
Lexus division posted June 2019 sales of 23,047 vehicles, down 3.0 percent on a volume basis and up 0.8 percent on a DSR basis. Lexus finished the 1st half of the year up 0.5 percent versus the same period in 2018.
“Lexus continues to advance with the launch of the new Lexus RC F and the brand’s continued growth in hybrid leadership, an increase of more than 64 percent for the 1st half,” said David Christ, group vice president and general manager, Lexus division. “In the 1st half of the year, we saw our luxury SUV segment achieve double digit growth, led by the Lexus RX, NX and all-new UX. This fall, we look forward to solidifying our luxury leadership with the new Lexus RX and GX.”
June and First Half 2019 Highlights
- RAV4 sales up 3.8 percent, marking a best-ever June; an increase of 1.1 percent year-to-date (YTD)
- Tacoma up 4.8 percent YTD; marking a best-ever quarter and a best-ever first half
- Corolla sales increased 2.5 percent; Corolla Hatchback up 13.9 percent in June
- Mirai sales increased 61.2 percent, marking a best-ever June; up 29.6 percent YTD
- Camry sales increased 2.4 percent in June
- Sienna sales increased 0.9 percent in June
- Land Cruiser sales increased 17.2 percent in June; up 6.9 percent YTD
- Total Toyota Hybrid sales up 31.7 percent in June; up 29.8 percent for the quarter
- RC sales increased 16.2 percent in June; up 20.6 percent YTD
- ES sales increased 21.1 percent; up 20.5 percent YTD
- UX sales of 1,351 units in June
- RXh sales increased 5.1 percent for the quarter, up 24.2 percent YTD
- NXh sales increased 11.7 percent YTD
- Total Lexus Hybrid sales increased 21.3 percent in June; up 63.4 percent YTD
07-02-19 | 08:58 AM
#6
Lead Lap
Joined: Dec 2005
Posts: 4,262
Likes: 10
From: NC
Nissan
https://usa.nissannews.com/en-US/rel...-2019-us-sales
Nissan Group reports June 2019 U.S. sales
NASHVILLE, Tenn. – Nissan Group announced total U.S. sales for June 2019 of 123,504 units, a decrease of 14.9 percent compared to the prior year.
Nissan highlights:
- Sales of Nissan NV commercial vans set a June record with 1,706 units sold, up 10 percent.
- NV200 compact cargo van sales were 1,737 units, up 1.2 percent, and set a June record.
- Versa sales rose 15 percent in June to 8,882 units.
- Frontier truck sales rose to 7,346 units, up 7 percent.
- Several key models have shown gains in 2019: NV commercial vans (+16 percent), Pathfinder (+8 percent) and Versa (+7 percent).
- Frontier truck sales rose to 7,346 units, up 7 percent.
- Versa sales rose 15 percent in June to 8,882 units.
- NV200 compact cargo van sales were 1,737 units, up 1.2 percent, and set a June record.
*INFINITI sales total included for reference. For more information on INFINITI’s June sales performance, please visit INFINITINews.com.
NOTE: To ensure consistency in global sales reporting, Nissan North America calculates monthly variances on a straight-percentage basis, unadjusted for the number of selling days. June 2019 had 26 selling days, while June 2018 had 27 selling days.
07-02-19 | 09:29 AM
#7
Lead Lap
Joined: Dec 2005
Posts: 4,262
Likes: 10
From: NC
Gm
https://media.gm.com/media/us/en/gm/...2-gmsales.html
Downloads
Press Release [pdf file] Deliveries [pdf file] Deliveries [xlsx file]Chevrolet Silverado 1500 and GMC Sierra 1500 Crew Cab Pickups Each Gain 12 Percent in the Second Quarter; Crossovers Set a Second Quarter Record
2019-07-02
Print 
Email 
PDF 
WordDETROIT — General Motors Co. (NYSE: GM) delivered 746,659 vehicles in the United States in the second quarter of 2019.
- Crossover sales set a new second quarter record after sales grew year over year by 17 percent.
- Sales of the Chevrolet Silverado 1500 crew cab and GMC Sierra 1500 crew cab were both up 12 percent year over year.
- The Chevrolet Equinox and Traverse and GMC Canyon all delivered record second quarter sales.
- Sales of every Buick crossover were up year over year, with the Envision posting a 28 percent sales increase. The Enclave was up 21 percent and the Encore was up 5 percent.
- Buick deliveries were up 5 percent and GMC deliveries were up 10 percent.
- The all-new Cadillac XT4 continues to lead its segment and the all-new Cadillac XT6 has begun shipping to dealers. Cadillac crossover deliveries were up 19 percent in total year over year, helping the brand grow both total and retail sales.
- The Chevrolet Suburban, Tahoe and GMC Yukon XL were each up more than 20 percent compared to a year ago.
- The all-new Cadillac XT4 continues to lead its segment and the all-new Cadillac XT6 has begun shipping to dealers. Cadillac crossover deliveries were up 19 percent in total year over year, helping the brand grow both total and retail sales.
- Buick deliveries were up 5 percent and GMC deliveries were up 10 percent.
- Sales of every Buick crossover were up year over year, with the Envision posting a 28 percent sales increase. The Enclave was up 21 percent and the Encore was up 5 percent.
- The Chevrolet Equinox and Traverse and GMC Canyon all delivered record second quarter sales.
- Sales of the Chevrolet Silverado 1500 crew cab and GMC Sierra 1500 crew cab were both up 12 percent year over year.
Overall, GM deliveries during the second quarter were down 1.5 percent versus a year ago, in line with third-party estimates for industry sales. The company estimates that its retail market share was even with a year ago, with truck and crossover deliveries offsetting lower passenger car sales.
Industry Momentum
The U.S. light-vehicle SAAR for the first half of the year is expected to be a healthy 17.0 million units, according to GM Chief Economist Elaine Buckberg.
“The U.S. economy continues to grow at a healthy pace. Jobs are plentiful and inflation remains low,” said Buckberg. “Auto demand was better than anticipated in the first half and we expect strong performance in the second half of the year. If the Fed cuts rates, as widely expected, lower financing costs will provide further support to auto sales.”
More Truck Capacity, More Crew Cabs, More Diesels
Starting this quarter, GM will lead the industry and begin breaking out deliveries of its full-size light- and heavy-duty pickups to give investors and other stakeholders a clear view of the company’s sales performance in these vibrant segments.
“The light-duty segment is the highest-volume part of the pickup market and we are expanding choice to make sure that we meet the needs of every customer,” said Kurt McNeil, U.S. vice president, Sales Operations. “Heavy-duty trucks, by contrast, are about 25 percent of full-size pickup sales. Our HDs are purpose-built machines for people who need maximum capability, and we are poised for significant growth.”
Light-Duty Launch Update (Chevrolet Silverado 1500, GMC Sierra 1500)
- GM has installed new body shops, upgraded paint shops and reconfigured general assembly at its plants to increase capacity by 20,000 units compared with the outgoing model.
- Based on the most recent data available, retail customers have registered more GM full-size light-duty pickups in 2019 than either Ford or Ram. GM light-duty registrations have also led Ford F-150 in 11 of the last 12 months.
- The first new GM models to launch were the Chevrolet Silverado and GMC Sierra crew cabs in late summer 2018. Sales of each were up more than 12 percent in the second quarter versus a year ago.
- After two consecutive quarters of double-digit year-over-year growth, GM’s crew cab mix has risen from 60 percent of sales to almost 75 percent.
- Full production of all cab styles started in March for both retail and fleet orders, and inventory is approaching target levels, especially for the most affordable regular and double cab models. Sales of these models were down year over year due to limited availability.
- Customer demand for Chevrolet’s new Trail Boss models — the first full-size pickups equipped with a 2-inch factory-installed lifted suspension — have far exceeded expectations, so GM will double production. In addition, for 2020, Chevrolet will offer both Trail Boss models with a 420-hp, 6.2L V-8 engine.
- More than 95 percent of all-new GMC Sierra 1500 crew cab sales are high-end trims including SLT, AT4 and Denali.
- GM is introducing a new refined, very powerful and extremely fuel-efficient 3.0-liter Duramax diesel that is expected to be available later this quarter.
- More than 95 percent of all-new GMC Sierra 1500 crew cab sales are high-end trims including SLT, AT4 and Denali.
- Customer demand for Chevrolet’s new Trail Boss models — the first full-size pickups equipped with a 2-inch factory-installed lifted suspension — have far exceeded expectations, so GM will double production. In addition, for 2020, Chevrolet will offer both Trail Boss models with a 420-hp, 6.2L V-8 engine.
- Full production of all cab styles started in March for both retail and fleet orders, and inventory is approaching target levels, especially for the most affordable regular and double cab models. Sales of these models were down year over year due to limited availability.
- After two consecutive quarters of double-digit year-over-year growth, GM’s crew cab mix has risen from 60 percent of sales to almost 75 percent.
- The first new GM models to launch were the Chevrolet Silverado and GMC Sierra crew cabs in late summer 2018. Sales of each were up more than 12 percent in the second quarter versus a year ago.
- Based on the most recent data available, retail customers have registered more GM full-size light-duty pickups in 2019 than either Ford or Ram. GM light-duty registrations have also led Ford F-150 in 11 of the last 12 months.
Heavy-Duty Launch Update (Chevrolet Silverado 2500HD/3500HD, GMC Sierra 2500HD/3500HD)
- GM has consolidated heavy-duty pickup production at its Flint (Michigan) Assembly plant. The company has installed new body and paint shops and created 1,000 new jobs to support a capacity increase of 40,000 units compared to the outgoing model.
- The company is sharply increasing production of crew cab and diesel models to meet customer demand.
- Early production will be focused primarily on crew cab models, similar to the light-duty launch cadence. Trucks began shipping to dealers in the second half of June, with availability expected to grow throughout the third and fourth quarters.
- The company is sharply increasing production of crew cab and diesel models to meet customer demand.
Other GM Highlights
- GM’s average transaction prices (ATP) rose by $1,575 to a second quarter record of $37,126, compared to an industry average of $33,681, according to J.D. Power PIN estimates.
- GM’s average incentive spending as a percentage of ATP was 12.6 percent, down from 13.4 percent in the second quarter of 2018, according to J.D. Power PIN estimates.
- GM’s fleet mix of total sales was 23 percent during the second quarter. Sales were up 3 percent, with the majority of deliveries going to Commercial and Government customers.
- End of June inventory was 809,387 units, up about 22,000 units year over year, reflecting new model launches.
- GM’s fleet mix of total sales was 23 percent during the second quarter. Sales were up 3 percent, with the majority of deliveries going to Commercial and Government customers.
- GM’s average incentive spending as a percentage of ATP was 12.6 percent, down from 13.4 percent in the second quarter of 2018, according to J.D. Power PIN estimates.
General Motors Co. (NYSE: GM) is a global company committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet,Buick,GMC,Cadillac, Holden,Baojun, Wuling and Jiefang brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, and Maven, its personal mobility brand, can be found at http://www.gm.com.
Forward-Looking Statements
This press release and related comments by management may include forward-looking statements. These statements are based on current expectations about possible future events and thus are inherently uncertain. Our actual results may differ materially from forward-looking statements due to a variety of factors, including: (1) our ability to deliver new products, services and customer experiences in response to increased competition in the automotive industry; (2) our ability to timely fund and introduce new and improved vehicle models that are able to attract a sufficient number of consumers; (3) the success of our crossovers, SUVs and full-size pick-up trucks; (4) our ability to successfully and cost-effectively restructure our operations in the U.S. and various other countries and initiate additional cost reduction actions with minimal disruption; (5) our ability to reduce the costs associated with the manufacture and sale of electric vehicles and drive increased consumer adoption; (6) unique technological, operational and regulatory risks related to our autonomous vehicle regulations; (7) global automobile market sales volume, which can be volatile; (8) our significant business in China which is subject to unique operational, competitive and regulatory risks as well as economic conditions in China; (9) our joint ventures, which we cannot operate solely for our benefit and over which we may have limited control; (10) the international scale and footprint of our operations which exposes us to a variety of political, economic and regulatory risks, including the risk of changes in government leadership and laws (including labor, tax and other laws), political instability and economic tensions between governments and changes in international trade policies, new barriers to entry and changes to or withdrawals from free trade agreements, changes in foreign exchange rates and interest rates, economic downturns in foreign countries, differing local product preferences and product requirements, compliance with U.S. and foreign countries' export controls and economic sanctions, differing labor regulations, requirements and union relationships, differing dealer and franchise regulations and relationships, and difficulties in obtaining financing in foreign countries; (11) any significant disruption at one of our manufacturing facilities could disrupt our production schedule; (12) the ability of our suppliers to deliver parts, systems and components without disruption and at such times to allow us to meet production schedules; (13) prices of raw materials used by us and our suppliers; (14) our highly competitive industry, which is characterized by excess manufacturing capacity and the use of incentives and the introduction of new and improved vehicle models by our competitors; (15) the possibility that competitors may independently develop products and services similar to ours or that our intellectual property rights are not sufficient to prevent competitors from developing or selling those products or services; (16) our ability to manage risks related to security breaches and other disruptions to our vehicles, information technology networks and systems; (17) our ability to comply with increasingly complex, restrictive, and punitive regulations relating to our enterprise data practices, including the collection, use, sharing, and security of the Personal Identifiable Information of our customers, employees, or suppliers; (18) our ability to comply with extensive laws and regulations applicable to our industry, including those regarding fuel economy and emissions and autonomous vehicles; (19) costs and risks associated with litigation and government investigations; (20) the cost and effect on our reputation of product safety recalls and alleged defects in products and services; (21) any additional tax expense or exposure; (22) our continued ability to develop captive financing capability through GM Financial; and (23) significant increases in our pension expense or projected pension contributions resulting from changes in the value of plan assets or the discount rate applied to value the pension liabilities or mortality or other assumption changes.. A further list and description of these risks, uncertainties and other factors can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2018, and our subsequent filings with the Securities and Exchange Commission. GM cautions readers not to place undue reliance on forward-looking statements. GM undertakes no obligation to update publicly or otherwise revise any forward-looking statements.
Trending Topics
07-02-19 | 10:22 AM
#8
Thread Starter
Lexus Fanatic
iTrader: (20)
Joined: Feb 2001
Posts: 75,643
Likes: 2,591
From: Present
wow, nissan crushed.
lexus gx outsells lexus gs 10:1
rav4 on fire
hyundai's done exactly what it said it would do, shift its mix to suvs and they're doing well although tucson down a lot. santa fe on fire.
ram trucks up 56% - winner winner!!!!
lexus gx outsells lexus gs 10:1
rav4 on fire
hyundai's done exactly what it said it would do, shift its mix to suvs and they're doing well although tucson down a lot. santa fe on fire.
ram trucks up 56% - winner winner!!!!
07-02-19 | 10:31 AM
#9
Lead Lap
Joined: Dec 2005
Posts: 4,262
Likes: 10
From: NC
Mazda
https://insidemazda.mazdausa.com/pre...sales-results/
Mazda Reports June Sales Results
July 2, 2019
IRVINE, Calif. (July 2, 2019) – Mazda North American Operations (MNAO) today reported total June sales of 22,828 vehicles, a decrease of 15.1 percent compared to June 2018. Sales for the first half of the year saw a decrease of 15.5 percent, with 138,555 vehicles sold. With 26 selling days in June, compared to 27 the year prior, the company posted a decrease of 11.9 percent on a Daily Selling Rate (DSR) basis.
Sales of the CX-5, Mazda’s best-selling vehicle in the U.S., saw an increase of 4.2 percent in June, with more than 13,000 vehicles sold.
CPO sales totaled 5,671 vehicles in June, an increase of 23 percent compared to June 2018. First half CPO sales increased 20 percent, with 30,254 vehicles sold.
Mazda Motor de Mexico (MMdM) reported June sales of 4,229 vehicles, a decrease of 7 percent compared to June last year. First half sales through June increased 12 percent, with 29,358 vehicles sold.
07-02-19 | 10:41 AM
#10
Lead Lap
Joined: Dec 2005
Posts: 4,262
Likes: 10
From: NC
Subaru
http://media.subaru.com/pressrelease...ver-june-sales
July 2, 2019 , Camden, N.J. -
SUBARU OF AMERICA, INC. REPORTS BEST-EVER JUNE SALES AND RECORD FIRST HALF RESULTS
- Best June sales – monthly sales increase 2.8 percent over June 2018
- 91 consecutive months of yearly, month-over-month growth
- Best June ever for Outback and Ascent
- 64 consecutive months of more than 10,000 Outbacks sold
- 71 consecutive months of more than 10,000 Foresters sold
Subaru of America, Inc. today reported 61,511 vehicle sales for June 2019, a 2.8 percent increase compared with June 2018, and the best June sales in the history of the company. Subaru also sold a record 339,525 vehicles in the first half of 2019, up 5.2 percent compared with the same period last year.
June marked the 64th consecutive month of 40,000+ vehicle sales for the automaker. Outback and Ascent sales were notably strong as each model achieved its best June ever. Outback posted an 8.9 percent increase, while Forester posted a 5.7 percent increase compared to June 2018. In addition, 7,014 Ascent SUVs were delivered in June, marking one year since the versatile family hauler arrived at Subaru retailers.
“We are humbled by the hard work of our retailers, employees and distribution partners this June. It is because of their tireless efforts that we can report our 91st month of yearly, month-over-month sales increases and set another half-year record,” said Thomas J. Doll, President and CEO of Subaru of America, Inc. “The Ascent has been a tremendous success for our brand. The 3-row SUV offers the utility today’s customers are seeking and fills a void that had been missing from our line-up for many years.”
“In June, we continued to experience healthy demand thanks in part to Subaru’s combination of value, safety, functionality, and reliability built into all of our vehicles,” said Jeff Walters, Senior President of Sales. “In an increasingly competitive marketplace, we are excited to continue delivering strong results and another month of sales increases.”
07-02-19 | 10:51 AM
#11
Lead Lap
Joined: Dec 2005
Posts: 4,262
Likes: 10
From: NC
Kia
https://www.kiamedia.com/us/en/media...s-june-sales-1
KIA MOTORS AMERICA ANNOUNCES JUNE SALES
07/02/19 | ID: 15190
Download
Year-to-Date Sales Up 3.8-Percent
IRVINE, Calif., July 2, 2019 – Kia Motors America today announced June sales of 56,801 vehicles, led by the Optima midsize sedan, with 11,090 units sold. Year-to-date sales for the brand are up 3.8- percent over the same period last year.
“Kia outpaced the industry throughout the first half thanks in part to overwhelming demand for the all-new Telluride,” said Bill Peffer, vice president, sales operations, Kia Motors America. “Kia is carrying a lot of momentum into the third quarter and we are confident our upward trajectory will continue through the remainder of the year.”
07-02-19 | 11:04 AM
#12
Lead Lap
Joined: Dec 2005
Posts: 4,262
Likes: 10
From: NC
Mercedes
https://www.businesswire.com/news/ho...26196-Vehicles
Mercedes-Benz Reports June Sales of 26,196 Vehicles
July 02, 2019 01:00 PM Eastern Daylight Time
ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) today reported June sales of 26,196 Mercedes-Benz models. Mercedes-Benz Vans reported June sales of 3,005 units and smart reported 74, bringing MBUSA to a grand total of 29,275 vehicles for the month. On a year-to-date basis, MBUSA recorded sales of 147,396, adding 16,025 units for Vans and 496 vehicles for smart, bringing the year-to-date sales volume to 163,917.
Mercedes-Benz sales leaders in June included the GLC, GLE, and C-Class model lines. The GLC led totals with 6,568 vehicles followed by GLE with sales of 4,843. The C-Class rounded out the top 3 with 3,951.
June sales of Mercedes-AMG high-performance models totaled 2,654 units (+12.2%) with 18,214 vehicles sold year-to-date (+18.9%).
Separately, Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 10,901 vehicles in June, a decrease of 1.3% versus last year. On a year-to-date basis, MBCPO sold 64,370 vehicles, an increase of 3.6% from the previous year.
07-02-19 | 11:08 AM
#13
Lead Lap
Joined: Dec 2005
Posts: 4,262
Likes: 10
From: NC
Porsche
https://finance.yahoo.com/news/porsc...163600144.html
PR NewswireJuly 2, 2019First 6 months of 2019 up 2.8 percent to more than 30,000 sales year-to-dateATLANTA, July 2, 2019 /PRNewswire/ -- Porsche Cars North America, Inc. (PCNA), importer and distributor of the Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan model lines, today announced June retail sales of 5,205 vehicles, a new all-time high for the month. Overall sales for the first six months of 2019 are up 2.8 percent from a year ago to 30,257 vehicles.
View photosThe refreshed Porsche Macan set the pace in June with 2,649 cars delivered."We are delighted by the strong performance in the first half of the year. June marked the third consecutive month that our dealers delivered more than 5,000 vehicles – a record for Porsche in the U.S.," said Klaus Zellmer, President and CEO of PCNA. "We attribute this success, in part, to the much anticipated, refreshed Macan, which arrived in dealerships in June."Macan sales for the month were up 16.7 percent compared to June 2018. The redesigned Cayenne was also up 101.9 percent compared to the same period last year, resulting in an increase of 20.5 percent year-to-date.Porsche Approved Certified Pre-Owned (CPO) sales in the U.S. totaled 2,101 vehicles in June.
Porsche Reports Record U.S. Retail Sales in June
PR NewswireJuly 2, 2019First 6 months of 2019 up 2.8 percent to more than 30,000 sales year-to-dateATLANTA, July 2, 2019 /PRNewswire/ -- Porsche Cars North America, Inc. (PCNA), importer and distributor of the Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan model lines, today announced June retail sales of 5,205 vehicles, a new all-time high for the month. Overall sales for the first six months of 2019 are up 2.8 percent from a year ago to 30,257 vehicles.
Last edited by GS69; 07-03-19 at 07:19 AM.
07-02-19 | 11:14 AM
#14
Lexus Champion
Joined: Nov 2013
Posts: 12,603
Likes: 1,632
From: WA
The Toyota RAV4 Hybrid Topples the Prius as Toyota's Best-Selling Gas-Electric Model
Source
The RAV4 has already surpassed the Camry as Toyota's best-selling model, and now its hybrid variant has dethroned another iconic Toyota top seller: the Prius. Through the first half of 2019, the RAV4 hybrid sold more units that the entire Toyota Prius lineup, if only just, at 29,319 units to 29,241 units.
This makes the RAV4 hybrid Toyota's best-selling hybrid overall, and it is making up around 15 percent of all RAV4 sales so far this year. The RAV4, fresh off a redesign for the 2019 model year, has sold 200,610 units overall through June. That's a 1 percent increase over last year.
This makes the RAV4 hybrid Toyota's best-selling hybrid overall, and it is making up around 15 percent of all RAV4 sales so far this year. The RAV4, fresh off a redesign for the 2019 model year, has sold 200,610 units overall through June. That's a 1 percent increase over last year.
07-02-19 | 11:32 AM
#15
Thread Starter
Lexus Fanatic
iTrader: (20)
Joined: Feb 2001
Posts: 75,643
Likes: 2,591
From: Present
Telluride appears to have eaten the same chunk of Kia’s Sorrento drop in sales, so not a lot of upside in one sense, but still good number (just under 6K) for Telluride as a newbie.
seems people do want the bigger suvs.
seems people do want the bigger suvs.