Posts By: Timothy Cain

By on December 6, 2016

2017 Chevrolet Camaro V6 V8 1LE - Image: General Motors

Well, that was short-lived. After somewhat positive, very incentive-fueled results for the Chevrolet Camaro in September and October, November’s numbers told a very different story.

General Motors’ underwhelming launch of the sixth-generation Chevrolet Camaro produced significantly fewer sales in 2016 than the old Camaro managed in its final year. Camaro sales through the first eight months of 2016 were down 15 percent, year-over-year. But GM then threw down the incentive gauntlet in September with massive discounts, intending to clear an inventory glut.

It worked. Sort of. The Chevrolet Camaro outsold the Ford Mustang in September — and again in October — but inventory levels scarcely decreased. Autumn simply isn’t the time to sell large numbers of pony cars, even if the Camaro attracted more buyers thanks to average discounts of $4,700 per car.

Regardless, that two-month Camaro win streak turned out to be a two-month blip. General Motors scaled back Camaro incentives in November 2016. Consequently, Camaro volume declined, the Camaro was once again handily outsold by the Ford Mustang, and there are now 177 days of Camaro supply across America. (Read More…)

By on December 5, 2016

2017 Chrysler 200C Platinum - Image: FCA

It’s over.

Consider the bucket kicked, the farm sold, the dust bitten. We have long been aware Sergio Marchionne was preparing a Chrysler 200-shaped coffin for Fiat Chrysler Automobiles’ remaining midsize sedan. On Friday, December 2, 2016, the lid of that coffin was slammed shut at FCA’s Sterling Heights, Michigan, assembly plant.

The Detroit News reported last week the Chrysler 200 is officially dead. Fortunately, the Sterling Heights plant lives on. (Read More…)

By on December 2, 2016

GMC.com screenshot - Image: GMCGeneral Motors moved to increase the average incentive spend per Buick, Cadillac, Chevrolet, and GMC vehicle by 36 percent in November in order to clear out an inventory glut that seemingly refuses to be cleared out.

According to Autodata, General Motors now has more than 873,000 vehicles in stock, nearly three months of supply. That’s 26 percent more inventory than at this stage of 2015, when industry-wide volume was pacing at roughly the same level as today, albeit with significantly less incentivization.

J.D. Power PIN data shows that General Motors spent $4,912 per vehicle sale in November 2016, a $1,302 increase compared with November 2015. According to TrueCar, industry-wide incentive spending rose 13 percent, year-over-year, a figure skewed by the dramatic increase at America’s biggest holder of market share. (Read More…)

By on December 2, 2016

Front Pedestrian Braking, a new active safety technology available on the 2016 Chevrolet Malibu and 2016 Cadillac CT6, is one of many safety features tested at General Motors' new Active Safety Test Area at the Milford Proving Ground in Milford, Michigan. Image: Jeffrey Sauger/General Motors

U.S. sales of midsize cars remained on an even keel in November 2016, decreasing by only one-tenth of one percent compared with November 2015.

But make no mistake: the midsize car category still took a hit in November. While volume remained level, the segment’s share of the overall U.S. new vehicle market fell below 12 percent last month, the fifth consecutive November in which midsize market share has declined.  (Read More…)

By on December 1, 2016

2017 Subaru Forester 20XT Touring - Image: Subaru

U.S. sales of new vehicles, year-over-year, declined in three consecutive months between August and October 2016.

Forecasters expected November 2016 to be a much brighter month thanks to buoyant incentives, a lack of post-election economic turmoil, and a lengthier sales month. Indeed, auto sales rose by nearly 4 percent thanks in no small part to big gains at General Motors, America’s highest-volume manufacturer of automobiles. (Read More…)

By on November 30, 2016

American consumers acquire more than 200,000 new compact cars every month. Only 4 percent of those cars are Mazda 3s. Compact car buyers are far more likely to drive away from a new car dealer in a Corolla, Civic, Sentra, Elantra, or Cruze; more likely to choose a Focus, Jetta, or Forte, too. While U.S. […]

By on November 29, 2016

NIssan Nalley Showroom: Image - Nissan USA

After the U.S. auto industry reported all-time record sales volume in calendar year 2015, the industry grew by more than 1 percent, year-over-year, in the first-half of 2016.

But since the second-half began, auto sales have trended in the opposite direction. Compared with the July-October period of 2015, sales in the same period one year later were down 2.5 percent. U.S. auto sales declined in August, again in September, and again in October. Since July, year-over-year volume has fallen by nearly 150,000 units, dragging 2016’s year-to-date ten-month tally below last year’s record results.

Yet forecasters say November 2016 will produce a sudden turnaround. (Read More…)

By on November 28, 2016

Hop out of your 1992 Toyota Camry Wagon in the Costco parking lot and tell me what you see. Plenty of Accords and Altimas and Camrys, I’m assuming. Large numbers of F-150s and Silverados and Rams, maybe even the odd Tacoma here and there. Some minivans and big SUVs. And legions of small crossovers. Many of […]

By on November 25, 2016

2015 Honda Odyssey EX PEI Cottage – Image: © Timothy Cain/The Truth About Cars

Just when I think to myself, Do we really need a minivan?, we plan a week-long road trip to Prince Edward Island. We didn’t need to add mileage to the lease on GCBC’s long-term 2015 Honda Odyssey EX. We had the option of driving a 2017 Ford Escape Titanium EcoBoost 2.0 from the press fleet instead.

But numbers matter. Indeed, the numbers pertaining to the cargo volume available behind the second rows of each vehicle matter greatly. 34.3 cubic feet vs. 93.1 cubic feet: nearly triple the amount of space for our stuff.

Yeah, we’ll take the van. (Read More…)

By on November 23, 2016

2018 Genesis G90 – Image: Genesis Motors

There are 350 Hyundai dealers in the United States currently offering vehicles from the automaker’s new Genesis Motors brand inside Hyundai showrooms. It’s a model Genesis wants to change — simply too many stores for a fledgling auto brand; too much affiliation with proletarian Hyundai.

It’s also entirely unlike the non-dealer model Genesis Motors began employing in Canada on Monday, November 21, 2016. Genesis began business operations 48 hours ago with no physical locations whatsoever.

Dealers? Pfft. Someday.

Not today. (Read More…)

By on November 22, 2016

2017 Honda CR-V/2016 Toyota RAV4 - Images: Toyota & Honda

Only once in the last nine years, and not once since the Ford Escape scored a victory in 2011, has the Honda CR-V failed to top America’s SUV/crossover sales leaderboard.

At its current pace, 2016 will be the Honda CR-V’s fifth consecutive year as America’s best-selling utility vehicle. Better yet, there’s an all-new Honda CR-V arriving for the 2017 model year. (We’ll post a First Drive Review of that CR-V on November 30th. –Ed.)

But Honda has little intention of ramping up CR-V production growth in 2017 simply to match the Toyota RAV4’s rapid ascent. (Read More…)

By on November 21, 2016

Having endured 12 hard Canadian winters on an island covered in red dirt, this 2004 Toyota Camry is about to enter its thirteenth; its tenth since my father-in-law took ownership. That red dirt is truly key to the story, because its color comes from Prince Edward Island’s high iron oxide content. Yes, that iron oxide. Rust. But the Camry, […]

By on November 18, 2016

Kia USA lineup 2016: Images: KiaAmerica’s midsize sedan market is fading fast. Sales are down 12 percent this year, and the cars that operate farthest from the top of the leaderboard are the cars that are fading fastest: the Mazda 6, Volkswagen Passat, dying Chrysler 200, and the Kia Optima.

U.S. sales of the Kia Optima, the best-selling Kia in America in each of the last four years, are down 25 percent through the first ten months of 2016, a loss of more than four Optima sales for the average Kia dealer per month.

The Optima, therefore, is no longer the most popular Kia in America. (Read More…)

By on November 17, 2016

2018 Toyota C-HR profile - Image: Toyota Admit it: you woke up today missing the Toyota Matrix, didn’t you? Could Toyota interest you in a modernized, reincarnated Matrix?

This is it. The Toyota C-HR is roughly an inch shorter than the old Matrix, two-tenths of an inch higher, and about an inch wider than the dearly departed hatchback that we likely wouldn’t call a mere hatchback if it arrived in 2016.

The C-HR is already in production in Sakarya, Turkey, but until the North American production-ready reveal at the 2016 Los Angeles Auto Show today, there were details unknown.

Now, some of the unknowns are known. (Read More…)

By on November 17, 2016

2016 Subaru Viziv-7 Concept Los Angeles - Source: Subaru via NASIOC Subaru has perched a three-row crossover atop its lineup before.

It didn’t work. (And not just because of some things TTAC may or may not have said about the general appearance of the B9 Tribeca.)

Set to be revealed today at the 2016 Los Angeles Auto Show, the Subaru Viziv-7 Concept previews the arrival of a genuinely large Subaru family crossover. Don’t expect the Viziv name to carry forward – that’s merely how Subaru tags its concepts. Do expect a production version loosely based on the design of the Viziv-7 Concept in the early stages of 2018. (Read More…)

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