March/1st Quarter 2020 Sales Thread
04-01-20, 08:43 AM
#1
Lead Lap
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March/1st Quarter 2020 Sales Thread
https://media.gm.com/media/us/en/gm/news.html
GM Reports First-Quarter U.S. Sales
2020-04-01Downloads
Sales release [pdf file] Deliveries [pdf file] Deliveries [xlsx file]DETROIT — General Motors (NYSE: GM) announced today that it delivered 618,335 vehicles in the first quarter of 2020, a decrease of about 7 percent compared to a year ago. The industry experienced significant declines in March due to the outbreak of COVID-19.
“In this uncertain and challenging time, GM and our strong network of dealers are here to help, offering concierge service, providing courtesy transportation to customers in need and offering home delivery where permissible,” said Kurt McNeil, U.S. vice president, Sales Operations.
In many areas with stay-at-home orders, dealer service operations are considered essential and can remain open to address crucial vehicle needs for essential service providers like first responders, healthcare workers and food supply and delivery workers.
Safety remains the company’s top priority. “Customers who need to purchase a new vehicle can use GM’s Shop. Click. Drive. program, which allows them to browse inventory, choose a vehicle, customize their payment and schedule delivery at home where available,” said McNeil.
To further assist, GM has enabled OnStar Crisis Assist services for all connected vehicle owners, as well as complimentary in-vehicle data for all Wi-Fi-equipped vehicles.
Inventory at the end of the 1st quarter was 668,443 units, down about 18 percent from a year ago.
For full details on how GM is responding to the rapidly changing COVID-19 crisis, visit gm.com/coronavirus.
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 and Wuling 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, and Cruise, its autonomous vehicle ride-sharing company, can be found at http://www.gm.com.
Cautionary Note on Forward-Looking Statements: This press release may include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers not to place undue reliance on forward-looking statements. Statements including words such as “anticipate,” “appears,” “approximately,” “believe,” “continue,” “could,” “designed,” “effect,” “estimate,” “evaluate,” “expect,” “forecast,” “goal,” “initiative,” “intend,” “may,” “objective,” “outlook,” “plan,” “potential,” “priorities,” “project,” “pursue,” “seek,” “should,” “target,” “when,” “will,” “would,” or the negative of any of those words or similar expressions to identify forward-looking statements represent our current judgment about possible future events. In making these statements we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions and expected future developments, as well as other factors we consider appropriate under the circumstances. These statements are not guarantees of future performance; they involve risks and uncertainties and actual events or results may differ materially from these statements. Factors that might cause such differences include, but are not limited to, a variety of economic, competitive and regulatory factors, many of which are beyond our control and are described in our Annual Report on Form 10-K for the year ended December 31, 2018, as well as additional factors we may describe from time to time in other filings with the U.S. Securities and Exchange Commission. We undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events or other factors that affect the subject of these statements, except where we are expressly required to do so by law.
Last edited by GS69; 04-01-20 at 11:17 AM.
04-01-20, 08:45 AM
#2
Lead Lap
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Fca
https://media.fcanorthamerica.com/ne...id=21675&mid=1
FCA US Reports First-quarter 2020 Sales
Attached
Sales Chart (pdf)April 1, 2020 , Auburn Hills, Mich. - FCA US LLC reported a 10 percent decline in its first-quarter sales as the strong momentum in January and February was more than offset by the negative economic impact of the coronavirus in March.
“Our dealers have once again stepped up as pillars of the community as they have continued to provide critical support to our customers on the road,” said U.S. Head of Sales Jeff Kommor. “Many have taken extraordinary steps, ranging from enhanced sanitizing protocols for their showrooms to the offer of home delivery and other concierge services to keep consumers safe. I applaud all of them for their efforts.”
For the quarter, U.S. sales were 446,768 vehicles compared with 498,425 for the same period a year earlier. Retail sales were 306,898 vehicles for the quarter. Fleet accounted for 31 percent of total sales.
Ram pickup trucks were a bright spot as sales rose 7 percent to 128,805 vehicles. Overall, the Ram brand rose 3 percent to 140,486 vehicles. Chrysler Pacifica sales rose 5 percent to 24,525 and Jeep® Gladiator notched sales of 15,259 vehicles. It was the third consecutive quarter Gladiator has surpassed the 15,000 mark.
FCA will continue working with its financial providers to ensure customers receive the help they need during these challenging times. Effective today, FCA will ease the purchase process through the "Drive Forward" initiative, which provides consumers with incentives and our new Online Retail Experience (ORE).
Chrysler, Dodge, Jeep, Ram Truck, FIAT and Alfa Romeo brands will offer 24/7 support and well-qualified buyers can get 0% financing for 84 months and no payments for 90 days on select 2019 and 2020 models. Additionally, FCA is folding “Chrysler Pacifica Family Pricing” and “Dodge Power Dollars” into Drive Forward.
ORE is a digital retailing solution that allows customers to complete the entire vehicle purchase process online from the comfort of their own homes. Not only can consumers purchase a vehicle off a dealer lot, they can conduct a vehicle trade-in, apply for credit, receive price and payment estimates and review service protection plan options.
Customers can explore ORE via the Chrysler, Dodge, Jeep, Ram Truck, FIAT and Alfa Romeo brand websites where they can begin the purchase process, then connect with a local dealer to finalize the sale, saving time in the process. A call center agent is available to help consumers.
See the attached table for the breakdown of brand and nameplate sales.
About FCA US LLC
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). For the methodology of determining FCA US LLC monthly sales click here.
04-01-20, 08:46 AM
#3
Lexus Test Driver
This article has a good snapshot on all the major US manufacturers (still waiting on Toyota & Ford I think) as well as a global peek
https://jalopnik.com/the-catastrophe-is-here-1842611658
Worst part it's about to get uglier...
https://jalopnik.com/the-catastrophe-is-here-1842611658
Worst part it's about to get uglier...
04-01-20, 08:48 AM
#4
Lead Lap
Thread Starter
Nissan
https://usa.nissannews.com/en-US/releases/release-11f3e4512ee877fdb9261f0e8200024f-nissan-group-reports-first-quarter-2020-us-sales
Nissan Division first-quarter 2020 highlights:
NOTE: To ensure consistency in global sales reporting, Nissan North America calculates quarterly variances on a straight-percentage basis, unadjusted for the number of selling days. First-quarter 2020 and first-quarter 2019 had 76 selling days.
Nissan Group reports first-quarter 2020 U.S. sales
NASHVILLE, Tenn. – Nissan Group announced total U.S. first-quarter (January-March) sales for the calendar year 2020 of 257,606 units, a decrease of 29.6 percent versus the prior year.Nissan Division first-quarter 2020 highlights:
- Sales of the Nissan Murano were up 34 percent in the first quarter to 15,683 units.
- Kicks sales rose 12 percent with 13,969 units sold.
- Pathfinder SUV sales rose 4 percent to 18,092 units sold.
- NV200 commercial van sales rose 2 percent with 4,740 units sold.
NOTE: To ensure consistency in global sales reporting, Nissan North America calculates quarterly variances on a straight-percentage basis, unadjusted for the number of selling days. First-quarter 2020 and first-quarter 2019 had 76 selling days.
04-01-20, 08:51 AM
#5
Lead Lap
Thread Starter
Hyundai
https://www.hyundainews.com/en-us/releases/3021
Hyundai Motor America Reports March and Q1 2020 Sales
- March Total Sales Fall 43% Due to COVID-19 Disruptions
- Q1 Total Sales Decline 11%; Q1 Retail Sales Decrease 2%
Despite overall sales growing 11% in January and February combined, Hyundai sold a total of 130,875 units in Q1, a decrease of 11% compared with Q1 2019.
Hyundai’s retail sales also dropped by 39% in March. While January and February retail sales increased by a combined 24%, Hyundai sold 114,062 retail units in Q1, declining 2% in comparison with Q1 2019.
March Sales Summary
Mar-20
Mar-19
2020 YTD (Q1)
2019 YTD (Q1)
Hyundai
35,118
61,177
130,875
147,585
“It goes without saying that the entire world is facing a tremendous challenge that is having a significant impact on business and our normal way of life,” said Randy Parker, vice president, National Sales, Hyundai Motor America. “At Hyundai, we are first and foremost focused on the safety and security of our employees, dealers, customers and communities, and we are doing everything we can to help society. Hyundai has been through difficult situations before and we know our resiliency and strength will allows us to emerge stronger than ever. We know tough days are ahead but we’re doing all we can to position the company to survive this and return to the growth trajectory we’ve been on.”
March Product and Corporate Activities
- Coronavirus (COVID-19) Actions: In response to this global crisis, Hyundai has taken numerous actions to help employees, customers, dealers and healthcare providers, all of which can be found on HyundaiNews.com
- Hyundai Hope On Wheels Donation: Hyundai’s non-profit organization, Hyundai Hope On Wheels, donated $2.2 million to help set up COVID-19 Drive-Thru Testing Centers at 11 children’s hospitals throughout the U.S.
- Hyundai Job Loss Assurance Protection Program: To assist customers and dealers in this extraordinary time, Hyundai relaunched its Assurance Job Loss Protection program that provides six months of payment relief for new customers who lose their job, 0% financing and four months of deferred payments on select new models, and three months of payment deferrals for current Hyundai Motor Finance customers
- Women in STEM Scholarship: To celebrate International Women’s Day, Hyundai introduced the Hyundai Women in STEM Scholarship to help the next generation of women leaders
- 2021 Elantra Global Reveal: On March 17, Hyundai officially launched its all-new 2021 Elantra and Elantra Hybrid at The Lot Studios in West Hollywood with a special event that was broadcast around the world
- Prophecy Concept: In early March, Hyundai Motor Company unveiled its new ‘Prophecy’ Concept EV, showcasing the key elements of its styling and technology
- Autotrader Recognitions: Autotrader named two all-new Hyundai models, the Palisade SUV and the Sonata, among its Best New Cars for 2020
04-01-20, 09:44 AM
#6
Lead Lap
Thread Starter
Mazda
https://insidemazda.mazdausa.com/pre...sales-results/
MAZDA REPORTS MARCH SALES RESULTS
April 1, 2020IRVINE, Calif. (April 1, 2020) – Mazda North American Operations (MNAO) today reported total March sales of 15,664 vehicles, a decrease of 41.8 percent compared to March 2019. Year-to-date sales totaled 67,670 vehicles, a decrease of 4.5 percent. With 25 selling days in March, compared to 27 the year prior, the company posted a decrease of 37.2 percent on a Daily Selling Rate (DSR) basis.
CPO sales totaled 3,392 vehicles in March, a decrease of 38.9 percent compared to March 2019. Year-to-date CPO sales decreased 2.5 percent, with 13,510 vehicles sold.
Mazda Motor de Mexico (MMdM) reported March sales of 3,432 vehicles, a decrease of 43.1 percent compared to March last year. Year-to-date sales decreased 20.2 percent, with 12,922 vehicles sold.
04-01-20, 10:47 AM
#7
Lead Lap
Thread Starter
Kia
https://www.kiamedia.com/us/en/media/pressreleases/16029/kia-motors-america-announces-march-sales-1
IRVINE, Calif., April 1, 2020 – Kia Motors America today announced March sales of 45,413 vehicles, led by the Optima and Forte. The first three months of 2020 saw the Sportage SUV – Kia’s longest-running nameplate in the U.S. – realize best-ever first quarter sales of 20,057 units.
“Our thoughts and prayers are with those directly and indirectly affected by this terrible virus and we hope that significant containment is achieved over the coming weeks,” said Bill Peffer, vice president, sales operations, Kia Motors America. “To show both our customers and our dealer partners that we’re in this together, we implemented Kia’s Accelerate the Good program, which will help new and existing customers impacted by the uncertainty created by the COVID-19 outbreak with payment deferral programs that will continue until further notice. Our primary concerns are for the health of our employees, those that work throughout our nationwide network of Kia dealers and our customers, as well as the future of our business.”
About Kia Motors America
Headquartered in Irvine, California, Kia Motors America has been the highest ranked mass market brand in initial quality for five consecutive years according to J.D. Power**, and is recognized as one of the 100 Best Global Brands by Interbrand. Kia serves as the "Official Automotive Partner" of the NBA 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 Telluride, Sorento and Optima (excluding Hybrid and Plug-In Hybrid) are assembled in the United States from U.S. and globally sourced parts.
** Kia received the lowest rate of reported problems among mass market brands in the J.D. Power 2015-19 U.S. Initial Quality Studies of new vehicle owners’ experiences with their own vehicle after 90 days of ownership. Visit jdpower.com/awards for more details.
KIA MOTORS AMERICA ANNOUNCES MARCH SALES
04/01/20 ID: 16029Best-Ever First Quarter Sales of the Sportage SUVIRVINE, Calif., April 1, 2020 – Kia Motors America today announced March sales of 45,413 vehicles, led by the Optima and Forte. The first three months of 2020 saw the Sportage SUV – Kia’s longest-running nameplate in the U.S. – realize best-ever first quarter sales of 20,057 units.
“Our thoughts and prayers are with those directly and indirectly affected by this terrible virus and we hope that significant containment is achieved over the coming weeks,” said Bill Peffer, vice president, sales operations, Kia Motors America. “To show both our customers and our dealer partners that we’re in this together, we implemented Kia’s Accelerate the Good program, which will help new and existing customers impacted by the uncertainty created by the COVID-19 outbreak with payment deferral programs that will continue until further notice. Our primary concerns are for the health of our employees, those that work throughout our nationwide network of Kia dealers and our customers, as well as the future of our business.”
About Kia Motors America
Headquartered in Irvine, California, Kia Motors America has been the highest ranked mass market brand in initial quality for five consecutive years according to J.D. Power**, and is recognized as one of the 100 Best Global Brands by Interbrand. Kia serves as the "Official Automotive Partner" of the NBA 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 Telluride, Sorento and Optima (excluding Hybrid and Plug-In Hybrid) are assembled in the United States from U.S. and globally sourced parts.
** Kia received the lowest rate of reported problems among mass market brands in the J.D. Power 2015-19 U.S. Initial Quality Studies of new vehicle owners’ experiences with their own vehicle after 90 days of ownership. Visit jdpower.com/awards for more details.
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04-01-20, 11:05 AM
#8
Lead Lap
Thread Starter
Vw
https://media.vw.com/releases/1278
VOLKSWAGEN OF AMERICA REPORTS Q1 2020 SALES RESULTS
Apr 1, 2020
CLICK HERE FOR PDF
Volkswagen of America Q1 2020 Sales
Q1 2020
Q1 2019
Yr/Yr%
YTD 2020
YTD 2019
04-01-20, 11:14 AM
#9
Lexus Fanatic
iTrader: (20)
i like vw's presentation there.
march for all has been predictably terrible, and april is likely to be even worse.
march for all has been predictably terrible, and april is likely to be even worse.
04-01-20, 11:50 AM
#11
Lead Lap
Thread Starter
Toyota
https://pressroom.toyota.com/toyota-...er-2020-sales/
Toyota Motor North America Reports March And First Quarter 2020 Sales
April 01, 2020COVID-19 pandemic shutters new car sales operations across multiple states; volatile stock market, spike in unemployment negatively impacts salesPLANO, Texas (April 1, 2020) – Toyota Motor North America (TMNA) today reported March 2020 sales of 135,730 vehicles, a decrease of 36.9 percent on a volume basis and down 31.8 percent on a daily selling rate (DSR) basis versus March 2019.
For the first quarter, TMNA reported sales of 495,747 vehicles, an 8.8 percent decrease on a volume and DSR basis.
Toyota division posted March sales of 120,145 units, down 35.3 percent on a volume basis and 30.1 percent on a DSR basis. For the quarter, Toyota division reported sales of 439,402 vehicles, down 7.9 percent on a volume and DSR basis.
Lexus division posted March sales of 15,585 vehicles, down 46.7 percent on a volume basis and down 42.5 percent on a DSR basis. For the quarter, Lexus reported sales of 56,345 vehicles, down 15.6 percent on a volume and DSR basis.
“During this unprecedented time, Toyota’s number one priority is on the health and safety of our team members, business partners, customers and the communities where we do business,” said Bob Carter, executive vice president of sales, TMNA. “We have teams working around the clock to ensure our customers’ needs are satisfied, and despite the ever-changing market dynamics, we continue to take appropriate actions that serve our long-term business objectives.”
March and First Quarter 2020 Highlights
TMNA:
- First quarter total hybrid vehicle sales were 58,814 units, up 58.1 percent on a volume and DSR basis
- First quarter total hybrid vehicle sales were 49,723 units, up 80.5 percent on a volume and DSR basis, led by RAV4 Hybrid and Corolla Hybrid, up 739.0 percent 367.4 percent, respectively, on a volume and DSR basis
- March total hybrid vehicle sales were 12,882 units, up 9.0 percent of a volume basis and up 17.7 percent of a DSR basis, led by RAV4 Hybrid and Corolla Hybrid
- First quarter total UX Hybrid and LS Hybrid vehicle sales were up 6.0 percent and 9.1 percent, respectively, on a volume and DSR basis
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04-01-20, 12:42 PM
#12
Lead Lap
Thread Starter
Mitsubishi
https://media.mitsubishicars.com/en-...rch-2020-sales
Mitsubishi Motors Reports March 2020 Sales
April 01, 2020Download Subscribe
ShareFRANKLIN, Tenn. – Mitsubishi Motors North America, Inc. (MMNA) today reported March sales of 9,394 vehicles, down 52 percent over March of 2019. Calendar year-to-date sales through the end of March totaled 35,563 vehicles, a decrease of 15.5 percent compared with the same period in 2019.
News and Notes
- In response to the ongoing COVID-19 outbreak, all MMNA headquarters and regional team members began working from home as of March 16.
- As of today, 97 dealerships (28% of MMNA's national count) have closed the sales side of their facilities, and another 94 (27%) are open by appointment-only, due to local government order.
- MMNA and its dealer partners continue to monitor federal, state and local requirements and guidelines pertaining to public health and are reacting accordingly, with the safety of customers, team members and their families, and communities as the highest priority.
- Consumers are recommended to contact their local dealer or MMNA's customer relations team (1-888-MITSU-2020) regarding current store hours and available services.
- Existing Mitsubishi customers who have been financially impacted by COVID-19 and whose vehicle is financed through MMNA partner Ally, may contact them about payment deferral for up to 120 days. Ally is also offering up to 90-days deferred payments on new purchases, depending on individual credit.
- Going forward, MMNA will transition to quarterly sales reporting, with April – June sales reported on July 1, 2020.
04-01-20, 01:09 PM
#13
Lead Lap
Thread Starter
Subaru
http://media.subaru.com/pressrelease...-q1-2020-sales
April 1, 2020 , Camden, N.J. -
SUBARU OF AMERICA, INC. REPORTS MARCH AND Q1 2020 SALES
Subaru of America, Inc. today reported 32,611 vehicle sales for March 2020, a 47 percent decrease compared to March 2019. These results reflect the uncertainties around the COVID-19 global pandemic impacting the entire automobile industry. Following eleven consecutive years of sales records, Subaru reported year-to-date sales of 130,591, a 16.7 percent decrease compared to the same period in 2019.“Subaru of America is proud of how our retailers across the country are stepping up during this time of great need,” said Thomas J. Doll, President and CEO, Subaru of America. “Subaru retailers are assisting their local communities by volunteering to shop for seniors and those at risk, supporting blood drives, as well as donating to local food banks and animal shelters. These actions strengthen their commitment to the Subaru Love Promise and make them more than a retailer while reinforcing that Subaru is more than a car company.”
“Our March sales reflect the current trends in the marketplace, with government guidelines around social distancing and stay-at-home orders limiting car buying across the board,” said Jeff Walters, Senior Vice President of Sales. “We thank our dedicated network of retailers for working to make their stores as clean and safe as possible. We will ease concerns for car buyers in this uncertain time and continue to support our owners with reliable and safe vehicles they can depend on.”
As the COVID-19 situation develops, Subaru and its retailers are following the most up-to-date guidelines from the CDC, adapting services and undertaking enhanced measures for cleaning and sanitation to help support the safety of employees and customers. In addition, many stores are providing alternative methods of vehicle service – including pick-up and drop-off, expanded service loaner fleet, and mobile repair. For information on the Subaru Payment Deferment Program, please contact your local Subaru retailer or visit Subaru Motors Finance.
04-01-20, 01:15 PM
#14
Lexus Champion
Lexus Division:
- First quarter total UX Hybrid and LS Hybrid vehicle sales were up 6.0 percent and 9.1 percent, respectively, on a volume and DSR basis
04-01-20, 08:23 PM
#15
Lexus Fanatic
iTrader: (20)