Category: Sales

By on June 1, 2017

2017 Ram 1500 Rebel Blue Streak, Image: FCAU.S. auto sales were essentially flat in the fifth month of 2017 as May new vehicle volume was let down by significant passenger car declines but bolstered by significant pickup truck volume.

Despite a drop in incentives, U.S. sales of full-size pickups jumped 10 percent in May 2017. General Motors’ pickup sales continued to decline, but big gains at Ford, Ram, Toyota, Nissan, and Honda masked losses across much of the industry.  Read More >

By on June 1, 2017

2017 Acura MDX Sport Hybrid, Image: AcuraWith production of the three-row Acura MDX joining the Acura RDX at American Honda’s East Liberty Auto Plant in East Liberty, Ohio, Acura has become a profoundly Buckeyed automobile brand.

Still stealing some production space at Honda’s Lincoln, Alabama assembly plant where the Honda Pilot, Honda Ridgeline, and 2018 Honda Odyssey are also built, production of the MDX has shifted to Ohio in order to free up capacity for both Honda’s and Acura’s top-selling model.

As a result of the MDX’s relocation, Acura now builds five of its six models in the state of Ohio.

And the one Acura that doesn’t hail from Ohio? That’d be the RLX, which forms less than 1 percent of the Acura brand’s volume. Read More >

By on May 31, 2017

Bright colors and lowered prices try to attract customers to a California used car lot, Image: Bike Tourist/Bigstock.com

The low, low monthly payments offered by spreading the cost of a new or used vehicle across a vast gulf of time is certainly an attractive one, even though the practice is fraught with hidden danger.

For U.S. car buyers, it has also become a very popular one, with data showing just how many people have decided to embrace a 73- to 84-month payment plan. Not only are their spending habits changing, they’re also changing their lender. Read More >

By on May 31, 2017

2017 Mazda 6, Image: Mazda

Mazda’s U.S. lineup has already suffered enough cutbacks, according to North American boss Masahiro Moro.

“I don’t have any intention to cut any nameplate right now,” Moro told Automotive News following a meeting of the National Dealer Advisory Council earlier in May.

This means the Mazda 6, often thought to be prime Death Watch material based on its low-volume status in the shrinking midsize sedan category, remains as firmly installed in the Mazda showroom as ever.

But where’s the Mazda 6’s replacement? Not on the immediate horizon. Read More >

By on May 30, 2017

2017 Genesis G80 winter mountains - Image: Genesis Motors

Amid stagnating U.S. sales, a crash-dive in China, and a product lineup not optimally suited for growth, Hyundai is furiously crafting a salvation plan.

In North America and other utility-loving countries, the strategy is clear: more crossovers and a significant product shakeup. The little Kona is already on the way, though perhaps not as quickly as Hyundai had hoped.

China, however, presents a serious problem for the automaker. What was supposed to be a growth market for the company has now turned into the opposite. Hyundai’s share of the market has shrunk to 5 percent from last year’s 8.1 percent, which was down from years past. In March alone, after news of South Korea’s installation of a U.S.-supplied anti-missile defense system, Hyundai and Kia sales dropped 52 percent.

Determined to make the Chinese fall back into love, the automaker has a plan brewing. Read More >

By on May 30, 2017

2017 Lexus CT200h - Image: LexusThe current 2017 model year will be the last for the Lexus CT200h.

An indirect successor to the Lexus HS250h sedan, the Lexus CT200h will end a seven-year model run in the United States that resulted in more than 90,000 sales.

Imported from Miyawaka, Japan, the Lexus CT has seen its average U.S. monthly output fall 58 percent over the last three years. Never a tremendously popular entry-level luxury car, the hybrid-only Lexus was forced to compete against very successful luxury sedans from Mercedes-Benz and Audi — CLA and A3, respectively — in the latter portion of its tenure.

The Lexus couldn’t compete. Read More >

By on May 27, 2017

2018 Toyota Camry - Image: Toyota

Which automaker stands the best change of gobbling up more of the U.S. light vehicle market in the near future? According to the results of a newly released study, and not entirely unsurprising, it’s two of the world’s largest automakers.

General Motors and Toyota are each planning a slew of new and refreshed products over the next few years — something which should serve to lure buyers away from other brands. Among domestic automakers, one brand is forecast to suffer at the hands of its Detroit rival’s success. You know the one. Read More >

By on May 26, 2017

BMW X5 Spartanburg Assembly - Image: BMW“The Germans are bad, very bad. Look at the millions of cars that they sell in the U.S.
Terrible. We’re going to stop that.” – President Donald Trump

Through the first four months of 2017, Germany-based automakers and their respective subsidiary brands have sold 413,000 new vehicles in the United States.

At a minimum, 28 percent of those vehicles were built in the United States at assembly plants in Alabama, Tennessee, and South Carolina. According to Automotive News, BMW, Mercedes-Benz, and Volkswagen combined to produce 281,519 vehicles, the bulk of which were destined for export.

But to avoid even a faint whiff of statistical manipulation, TTAC has compiled the complete U.S. sales and production picture for each of these manufacturers. We present them to you with no limited commentary. Read More >

By on May 25, 2017

2016 Ford Mustang GT

The Ford Mustang, a nameplate actually deserving of the word “iconic,” is no less vulnerable to the whims of the market than any other model. As domestic light vehicle demand in North America cools off, so have Mustang sales.

Fortunately for Ford, the automaker took it upon itself to fling Mustangs to every corner of the world for its most recent generation, and buyers in 140 countries are now able to take delivery of the original pony car. That volume, while not America-like, has bolstered sales. Read More >

By on May 23, 2017

JM Lexus Margate Florida - Image: Lexus.com

Half an hour from Fort Lauderdale, in Margate, Florida, sits JM Lexus, the highest-volume Lexus dealership in the United States.

Even by Lexus standards, where throughput is the best of any premium automaker operating in America, JM Lexus’ 8,000-unit new vehicle sales tally in 2016 was striking. That’s more than 150 new luxury cars, crossovers, and SUVs sold each week. That’s roughly six times the volume achieved by the typical Lexus dealer.

And JM Lexus, perennially the top Lexus dealer in America, does so as part of the Lexus Plus strategy: no negotiating, a single representative per customer, fixed prices for new and used cars as well as service fees and accessories.

Perhaps there’s a lesson to be learned by Lexus’ other dealers. For the time being, according to Automotive News, only 5 percent of Toyota’s premium brand stores operate under the Lexus Plus model. Read More >

By on May 22, 2017

2017 smart fortwo cabrio electric drive (Euro spec image)

Will anyone notice? Mercedes-Benz certainly hopes so, as it recently choose to ditch gasoline powerplants altogether and make the Smart sub-brand an all-electric affair.

The automaker announced pricing and specifications for its 2017 Smart Fortwo Electric Drive coupe and convertible today, billing the two-seater as one of the cheapest EVs you can buy. The droptop variant remains the only electric convertible you can get your hands on, should that be your thing.

While many scratch their heads and wonder why Smart continues to exist in North America, the automaker hopes to entice consumers with a lower starting price and added range. Read More >

By on May 22, 2017

Bill Ford and Mark Fields 2018 Ford F150 - Image: FordPrior to this morning’s announcement that outgoing Ford Motor Company CEO Mark Fields is “retiring,” Fields was in charge at the Blue Oval for nearly three years. Just a little more than ten quarters, to be more precise.

In eight of those quarters, Ford Motor Company U.S. market share declined, year-over-year.

Ford was not without excuse, of course. There was always market share to be taken if Ford wanted it. But an attempt to limit reliance on daily rental fleet sales, particularly with Ford’s passenger car division, did the automaker’s market share no favors. Ford’s transition from old F-150 to the new aluminum-bodied model was a major switch, too, and sales growth during the transition phase wasn’t easy to come by.

Nevertheless, Ford’s U.S. market share didn’t nosedive during the Mark Fields era. The burden on incoming CEO Jim Hackett’s shoulders won’t be the elevation of Ford Motor Company market share in the automaker’s home market.

No, it’s the price of a Ford share that matters right now. Read More >

By on May 22, 2017

2016 Mitsubishi Lancer - Image: MitsubishiAs Mitsubishi prepares to launch a new small crossover, the Mitsubishi Eclipse Cross, Mitsubishi’s car lineup continues to shrink.

The Galant died in 2012. The Mitsubishi Lancer, it was revealed earlier this year, will cease existence in the U.S. market later this year. But the Lancer’s American goodbye, via a blacked-out Limited Edition, won’t represent its final North American goodbye.

Mitsubishi Canada still wants the Lancer, the brand’s best-selling model as recently as last year, at least until 2018. And Mitsubishi Canada won’t bid farewell to the Lancer until the car can be given “a uniquely Canadian sendoff.”

We assume this means Tim Hortons’ double-doubles inserted in the cupholders straight from the factory along with a hockey bag in the trunk and a curling broom roof rack. Read More >

By on May 17, 2017

2017 Chevrolet Camaro SS - Image: white

General Motors reported 8,737 Chevrolet Camaro sales in the United States in April 2017, a 17-percent year-over-year increase for GM’s third-best-selling car last month.

For the sixth-generation Camaro, a car that had a decidedly unimpressive launch phase last year after routinely outselling the Ford Mustang for half a decade, April 2017’s improvement led to the best month yet. Not since the oft-discounted fifth-generation Camaro was nearing the end of its line in May 2015 has Camaro volume been so strong.

As for the headline-creating bits, yes, the Chevrolet Camaro beat the Ford Mustang in April 2017 U.S. sales. Camaro wins. Camaro is the victor. To the Camaro go the spoils.

GM must take time to enjoy its Camaro’s victories. Once routine, they’re hardly common now. Read More >

By on May 15, 2017

2016 Mazda CX-9 - Image: Mazda“I am not comfortable with 2 percent. I’m comfortable with a good 2 percent.”
– Masahiro Moro, President and CEO, Mazda North American Operations

Mazda’s U.S. market share fell to a 10-year low in 2016 and hasn’t noticeably recovered in the first four months of 2017. A small lineup with no presence in key segments limits Mazda’s chances of becoming a major automaker.

But Mazda doesn’t want to be a major automaker. Mazda wants to be a small but profitable automaker with profitable dealers and loyal buyers.

Mazda also wants to carry greater sway in the U.S. market than it does at the moment. Only slightly. Fractionally more. Marginally, almost imperceptibly more. Only 1.7 percent of the new vehicles sold in the United States are Mazdas. Mazda wants 2 percent, surely a reasonable and easily attainable goal.

But Mazda’s North American boss, Masahiro Moro, has no intention of jumping up to that 2-percent marker rashly or hastily. Read More >

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