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A great month for Jaguar, which posted a 59 percent bump in sales, year-over-year. Strong sales of pickups helped the Big Three post some solid gains. Transaction prices were up $617 year-over-year, with an industry average of $31,125. Table below, courtesy of Automotive News.
| Automaker | June 2013 | June 2012 | Pct. chng. | 6 month 2013 |
6 month 2012 |
Pct. chng. |
|---|---|---|---|---|---|---|
| BMW division | 27,074 | 21,725 | 25% | 140,431 | 126,504 | 11% |
| Mini | 6,571 | 5,995 | 10% | 32,356 | 32,059 | 1% |
| Rolls-Royce | 84 | 79 | 6% | 504 | 474 | 6% |
| BMW Group | 33,729 | 27,799 | 21% | 173,291 | 159,037 | 9% |
| Chrysler Division | 27,249 | 26,863 | 1% | 163,839 | 167,754 | –2% |
| Dodge | 49,843 | 44,315 | 13% | 318,414 | 261,578 | 22% |
| Dodge/Ram | 80,778 | 69,425 | 16% | 493,476 | 404,061 | 22% |
| Fiat | 4,050 | 4,004 | 1% | 21,612 | 20,706 | 4% |
| Jeep | 44,609 | 44,519 | 0% | 229,405 | 241,547 | –5% |
| Ram | 30,935 | 25,110 | 23% | 175,062 | 142,483 | 23% |
| Chrysler Group | 156,686 | 144,811 | 8% | 908,332 | 834,068 | 9% |
| Maybach | – | 4 | –100% | – | 24 | –100% |
| Mercedes-Benz | 26,381 | 24,373 | 8% | 151,433 | 137,883 | 10% |
| Smart USA | 781 | 1,017 | –23% | 4,459 | 4,748 | –6% |
| Daimler AG | 27,162 | 25,394 | 7% | 155,892 | 142,655 | 9% |
| Ford division | 227,448 | 199,660 | 14% | 1,251,448 | 1,098,421 | 14% |
| Lincoln | 7,469 | 7,544 | –1% | 38,288 | 41,962 | –9% |
| Ford | 234,917 | 207,204 | 13% | 1,289,736 | 1,140,383 | 13% |
| Buick | 18,078 | 18,851 | –4% | 100,837 | 90,198 | 12% |
| Cadillac | 13,929 | 12,124 | 15% | 83,679 | 62,812 | 33% |
| Chevrolet | 193,460 | 180,098 | 7% | 1,015,134 | 961,662 | 6% |
| GMC | 39,376 | 37,677 | 5% | 220,696 | 201,041 | 10% |
| General Motors | 264,843 | 248,750 | 7% | 1,420,346 | 1,315,713 | 8% |
| Acura | 13,765 | 15,370 | –10% | 76,981 | 72,936 | 6% |
| Honda Division | 123,150 | 109,438 | 13% | 668,597 | 628,046 | 7% |
| Honda (American) | 136,915 | 124,808 | 10% | 745,578 | 700,982 | 6% |
| Hyundai division | 65,007 | 63,813 | 2% | 361,010 | 356,669 | 1% |
| Kia | – | – | –% | – | – | –% |
| Hyundai Group | 65,007 | 63,813 | 2% | 361,010 | 356,669 | 1% |
| Jaguar | 1,637 | 1,030 | 59% | 7,798 | 6,506 | 20% |
| Land Rover | 3,468 | 3,602 | –4% | 22,984 | 20,991 | 10% |
| Jaguar Land Rover | 5,105 | 4,632 | 10% | 30,782 | 27,497 | 12% |
| Maserati | – | – | –% | – | – | –% |
| Mazda | 22,496 | 19,911 | 13% | 144,943 | 143,797 | 1% |
| Mitsubishi | 5,297 | 5,411 | –2% | 30,469 | 32,873 | –7% |
| Infiniti | 9,114 | 10,436 | –13% | 52,233 | 54,377 | –4% |
| Nissan Division | 95,010 | 81,801 | 16% | 572,476 | 523,344 | 9% |
| Nissan | 104,124 | 92,237 | 13% | 624,709 | 577,721 | 8% |
| Subaru | 39,235 | 27,702 | 42% | 204,597 | 164,304 | 25% |
| Suzuki | – | 2,299 | –100% | 5,946 | 12,994 | –54% |
| Lexus | 21,355 | 20,022 | 7% | 118,415 | 108,132 | 10% |
| Scion | 6,340 | 8,400 | –25% | 35,000 | 35,121 | 0% |
| Toyota division | 167,540 | 149,373 | 12% | 955,376 | 902,843 | 6% |
| Toyota/Scion | 173,880 | 157,773 | 10% | 990,376 | 937,964 | 6% |
| Toyota | 195,235 | 177,795 | 10% | 1,108,791 | 1,046,096 | 6% |
| Audi | 13,706 | 12,664 | 8% | 74,277 | 65,158 | 14% |
| Bentley | 204 | 223 | –9% | 1,174 | 1,077 | 9% |
| Lamborghini | 46 | 43 | 7% | 276 | 258 | 7% |
| Porsche | 3,700 | 3,002 | 23% | 21,309 | 16,450 | 30% |
| VW division | 36,957 | 38,170 | –3% | 206,792 | 208,725 | –1% |
| Volkswagen | 54,613 | 54,102 | 1% | 303,828 | 291,668 | 4% |
| Volvo Cars NA | 6,678 | 7,107 | –6% | 32,578 | 34,618 | –6% |
| 253 | 246 | 3% | 1,518 | 1,471 | 3% | |
| TOTAL | 1,352,295 | 1,234,021 | 10% | 7,542,346 | 6,982,546 | 8% |
Source: Automotive News Data Center
25 Comments on “June 2013 Sales: 16 Million SAAR Projected...”
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“Transaction prices were up $617 year-over-year, with an industry average of $31,125.”
What’s the average income of a new vehicle buyer?
I was just going to say, ATP is $31K+?! I feel poor.
This is one of those cases where the median price is more useful than the average price.
Does anyone publish the median new vehicle price?
You probably meant to write that you feel “debt poor,” which is a good thing.
These higher auto sales are in large part the direct result of re-leveraged, debt saturated consumers, once again buying and leasing vehicles they otherwise couldn’t remotely afford if it weren’t for the extraordinary interventionism of a “dig debt holes deeper” government and its enabler and monetizer of such debt, the Federal Reserve.
I didn’t believe back in 2009 that they could get consumer debt levels to new, record levels within 4 short years, but I failed to give them enough credit.
Consumer borrowing hits record $2.77 trillion
http://www.usatoday.com/story/money/business/2013/01/08/consumer-debt-hits-record-high/1818829/
Our economy and our system of governmental finance is now literally propped up by a pure debt based system, in which reducing the amount of debt consumption or leverage even by relatively modest amounts, for anything resembling a long successive period of time, would result in the entire structure crashing down.
The perpetuation of the very system now depends on massive debt issuance, and also, the ability to pump asset classes full of air, so as to be able to pretend that there’s way more actual value “there” than reality mandates (on the asset ledger side of things).
I’m sure this time will end differently, though.
Of course, things will end differently this time. Just as they always do. Happy days are here again! It does look like the Fed’s ‘quantitative easing two’ (aka. QEII) has about run its course. Too bad it had to be reigned in, but it threatened to become so big as to cause out of control inflation later on.
Funny thing about QEII, it served as an economic stimulus OK, but mostly for things directly financed by 2 to 10 year loans. That would be cars, real estate and college tuition. Imagine that! Who could possibly have seen that coming?
So, it’s sayonara for the Fed’s role as the pawn shop of the last resort. Are YOU ready for the next recession?
“What’s the average income of a new vehicle buyer?”
Obviously more than the $31K ATP since housing, utilities, food and other recurring expenses have to be figured in before financing can be approved by a lender.
But the ATP vs “average income” question leaves out a very large chunk of buyers who pay-in-full for their new vehicle, or who finance with their bank or credit union and whose income doesn’t matter since the arrangement they have with their lending institution may consist of leverage on their existing assets or some other accumulated wealth.
Old people tend to pay cash for a car out of their savings since getting a car financed may mean that they won’t live long enough to make the final car payment.
People at midlife often “borrow” against their assets, or use their assets as collateral to buy a new vehicle free and clear.
The rest is pretty much forced to finance if they want that new vehicle, at which time their credit history and ability to repay is evaluated.
With so many college grads entering the workforce with enormous amounts of debt already, starting salaries have to be a lot higher.
Subaru out sold VW again.
No, they didn’t. 39k vs. 54k. There is a difference between sales numbers and sales growth you know…
No. Subaru sold 39K vehicles, VW sold 36K vehicles, VW Group (including Audi, Porsche, Bentley Lambo) so 54K.
That drop for Volkswagen looks ominous. Could all those new buyers have become acquainted with VW dealers’ maintenance departments already?
Lorenzo –
Nope, more like the competition has gotten really good and a lot of VW’s products just aren’t that appealing in comparison. I’d take a new Accord, Mazda 6 or even Camry over a new Passat any day of the week.
DK – Any chance we can get some model break-downs? Seems like that would be more useful than just makes.
How does the contributor who writes about the best selling cars in the world get his data?
Of course. The next day or two after we publish the breakdown per brand, Tim Cain will publish breakdowns of vehicle segments. If there’s anything in particular you want to see, let us know.
Cadillac sales breakdown please. Hopefully the ATS is doing well.
ATS is doing quite well… May 2013, 3249 YTD 15,724
Thanks Lie2me, how does that compare to the 3 series/C Class/A4 sedans? I hope Cadillac is getting stronger. One day they even sell them here in Oz.
For May:
3-series: 10,957
C-class: 7,639
A4/A5: 5,069
ATS 3,249
MKZ 3,180
The manufacturers provide that info in their press releases. For example, here is GM:
http://media.gm.com/dld/content/dam/Media/gmcom/investor/2013/2013-June-Sales/Deliveries-June-2013.pdf
I am one of those 1,352,295, so…yay me until the payment book gets here….
The last year has been the first in 12 that I haven’t had a car payment. Wow… am I loving it.
I’m thinking that when I do buy a new car again, I’ll be able to pay cash for it by then.
No payments – it’s wonderful, isn’t it? But then you’ll hear the comments: “look at that car! It’s so last decade!” Sure, you can tell yourself, “It’s cheaper to fix her up than buy new”, but how long will you hold out with that? A few dings, a few scratches, a little soiled upholstery, and you’ll be thinking fondly of the day you bought the new car, with it’s flawless looks and new car smell, and how you imagined people were looking while you drove the latest and greatest off the lot. You’ll have to put that all out of your mind, or you’ll be looking at all the car buying sites again, just “window shopping” at first, but quickly turning into the relentless search for that next new car. The siren song will be irresistible, especially with that extra cash in your pocket. How long can you hold out?
Yours is an evil grin.
What was the percentage of fleet sales for the Chevy Cruze this month?
Wall Street Journal said Toyota would pass Ford by now.
Can Chrysler break 2 million worldwide? With the new Cherokee, more diesel Rams and diesel Grand Cherokees coming, it could happen! Let the surgewatch begin!