Category: Sales

By on August 8, 2016

2017 Honda RidgelineMidsize pickup truck sales shot up 29 percent in the United States in July 2016, enough to drive the sub-sector’s share of the overall pickup category up three points to 17 percent.

Indeed, without the gains produced by the midsize truck sector, overall U.S. pickup truck volume would have flatlined in July on declining sales of the two top-selling truck lines, Ford’s F-Series and the Chevrolet Silverado. Moreover, without the midsize truck sector’s additional 8,973 July sales, total U.S. new vehicle sales volume would have risen by less than one-tenth of one percent.

Instead, because of a dramatic increase in sales of the second-generation Honda Ridgeline in its first month of availability, another huge uptick in Nissan Frontier sales, and continued growth from GM’s Colorado/Canyon duo, pickup truck sales grew four percent and the American auto industry reported nearly 10,000 extra sales in July 2016, year-over-year. Read More >

By on August 8, 2016

2012 Kia Optima Hybrid

The record-setting surge of new vehicle sales as America climbed out of the recession sparked a whole new kind of automotive competition.

A surge in off-lease vehicles returning to dealer lots means the certified pre-owned (CPO) market — once an unsexy afterthought — is now a battleground, and Kia Motors wants everyone to know how well it’s doing. Read More >

By on August 8, 2016

2016 Dodge Challenger SRT 392

U.S. sales of America’s three pony-muscle car coupes slid 2 percent in July 2016 despite meaningful gains from both the Ford Mustang and Dodge Challenger.

Blame?

Cast it all in the direction of the Chevrolet Camaro, sales of which plunged 26 percent, a loss of nearly 2,000 sales for Chevrolet dealers compared with July 2015.

Camaro sales declined in 7 of the last 12 months, diving by 9,517 units during a span of three consecutive year-over-year decreases between May and July. After the Camaro outsold the Ford Mustang in five consecutive years, it now appears certain that 2016 will be the second consecutive year in which the Mustang easily outsells the Chevrolet Camaro.

One might even say the Mustang is going to win, “by a lot.” Read More >

By on August 8, 2016

2017 Jaguar F-PACE (4 of 15)

It worked for Porsche. Now, another luxury automaker is reaping the rewards of catering to the utility crowd.

Jaguar’s decision to market an SUV raised the ire of purists, but it also turbocharged the brand’s U.S. comeback, Bloomberg reports. The British automaker is now the fastest-growing brand in the U.S., with sales propelled by the new F-Pace SUV and entry-level XE sedan. Read More >

By on August 6, 2016

Untitled

It’s hot, it’s the middle of summer, and the beach beckons from afar. But if stripping down around a bunch of muscle-bound surfer hunks causes bouts of anxiety and insecurity, fear not. Ford Motor Company has a solution.

The great thing about 1960s car commercials is the complete disregard for political correctness and subtlety when it comes to stroking a driver’s ego. It’s hard to imagine a world where manufacturers so nakedly sold a lifestyle by pumping out vast quantities of innuendo in a bid to lure buyers into dealerships. Trigger warning!

Hocking a menacing GTO or Charger is easy, but what if you had to sell a low-priced base model in the ’60s? Easy. Stick with the plan. Read More >

By on August 5, 2016

2016 Subaru Legacy Limited“They go on loving you just the same, but somebody’s dying.”
Not Chris Isaak – 1995.

Minivans crumbled as the three-row utility vehicle took over, leaving a handful of nameplates to each produce healthy volume. TTAC’s claim earlier this week? Midsize sedans are now following the same track, crumbling as the smaller two-row crossover takes over.

Already, America’s fleet of midsize sedans is decreasing in size. We expect to see a greater reduction in the number of midsize offerings soon.

Midsize sedans desperately want you. But you, oh collective American consumer, are consistently desirous of fewer midsize sedans. The current crop of midsize nameplates does not uniformly possess the mettle to survive the current downturn, a downturn which quickly grew more severe last month.

U.S. sales of midsize cars plunged by 31,000 units in July 2016. Read More >

By on August 4, 2016

2016 Land Rover LR4

Six months ago, we said, “It’s about to happen.”

Well, it happened.

Americans took possession of more new SUVs and crossovers than cars in July 2016, a forecasted turn of events nevertheless made jarring by its sudden dawn. Read More >

By on August 3, 2016

dr_hendrik_muth_6267

Volkswagen of America has a new head honcho in charge of product and marketing, and he’ll have his work cut out for him.

Today, Volkswagen named Dr. Hendrik Muth as the new vice-president of product marketing and strategy for its beleaguered U.S. division. His job? To sell vehicles. Ideally, lots of them. Read More >

By on August 3, 2016

2016 Chevrolet Cruze

With its diesel-powered competition sidelined by scandal (and soon to be scrapped), General Motors sees a big window of opportunity for its new Chevrolet Cruze diesel.

Rather than being worried about consumer sentiment in the wake of Volkswagen’s emissions scandal, GM can’t wait to put the moves on the legions of spurned diesel diehards, Automotive News reports. Read More >

By on August 3, 2016

2016 Chrysler 200C

After an attractive design, all-wheel-drive availability, a powerful V6 (and incentives) powered the Chrysler 200 to 16 consecutive months of improved U.S. sales through October 2015, demand for the midsize 200 suddenly dried up.

During that 16-month stretch between July 2014 and October 2015, sales of the 200 jumped 72 percent, an increase of more than 6,000 sales per month for the Sebring’s replacement. But between November of last year and January 2016, U.S. sales of the 200 were essentially chopped in half.

As a result, Fiat Chrysler Automobiles skipped quickly from a temporary shutdown at the 200’s Sterling Heights assembly plant, to a prolonged shutdown, to an announcement that the 200 and its Dodge Dart cousin would be gradually wound down. It wasn’t so gradual: Dart production is about to end and 200 production will be over before year’s end.

Coinciding with these sedan cancellations, FCA also mired itself in a sales fixing scandal. FCA now claims in 2011, 2014, and 2015, the company was under-reporting real total sales volume, FCA also clarified that sales through the first-half of 2016 were 7,450 units lower than the company first announced.

Though lacking specific monthly data for the early part of this year, we now know which brands and models were the key offenders with July figures in hand. No drum roll required. Read More >

By on August 2, 2016

2016 Buick Cascada

After a steep May decline and modest growth in June, which fell below expectations, U.S. auto sales expansion flatlined in July 2016, suggesting the market is poised for a slower second half than the early part of the year projected.

New vehicle sales volume rose less than 1 percent in July 2016, a year-over-year improvement equal to roughly 11,000 sales.

There were a number of significant improvements. July 2016 was the best July ever for American Honda, for example, as sales jumped 6 percent to 139,125 at the Honda brand, overcoming another Acura decline. Buick, up 10 percent last month, ended the January-July period with its best start to the year since 2005. The only brands with superior growth rates in July were smaller outlets: Smart, Volvo, and Scion.

Mixed in with these gains, however, were double-digit percentage losses from a bundle of Fiat Chrysler Automobiles brands: Maserati, Fiat, Alfa Romeo, and Dodge. Read More >

By on August 2, 2016

2017 Volkswagen Tiguan

Consider it a low point in German-Korean relations.

Thanks to the diesel emissions scandal, South Korea just decertified about 68 percent of all Volkswagen, Bentley and Audi vehicles sold in that country over the past decade, Reuters reports. The country also revoked the certification of 80 model variants and leveled a large fine, meaning VW’s one-time Asian market breakthrough is truly busted. Read More >

By on August 2, 2016

2013 Hyundai Genesis Coupe. Photo courtesy Hyundai

Hyundai’s rear-drive sports coupe is dead.

First reported by the Globe and Mail, the Genesis Coupe’s 2016 model year will be its last in the U.S. and Canada, a company spokesperson confirmed today. A replacement is expected to follow sometime after 2017, but it won’t carry the Hyundai badge. Read More >

By on August 1, 2016

2016 Nissan Murano Front Three-Quarter, Image: © 2016 Seth Parks/The Truth About Cars

Nissan is closing in on its goal of owning 10 percent of the North American market, but it opened itself up to plenty of risk along the way.

The surging automaker beat rival Honda in sales during the first half of this year, but only because of boosted incentives and increased fleet sales, Bloomberg reports. Big volume doesn’t always mean big profits. Read More >

By on August 1, 2016

2016 Mazda6, Image: Mazda USA

A decade ago, Americans could buy minivans from Buick, Chevrolet, Chrysler, Dodge, Ford, Honda, Hyundai, Kia, Mazda, Mercury, Nissan, Pontiac, Saturn, and Toyota. In all, 14 brands fought for the attention of 1 million minivan buyers.

Zoom ahead to 2016 and the minivan market — unlike the Terraza and Uplander and Freestar and Entourage and Monterey and Montana and Relay — is not dead. Indeed, through the first six months of 2016 minivan volume is up 25 percent and this year is expected to be the best year of minivan sales since 2008. Chrysler, Dodge, Honda, Kia, Nissan, and Toyota — only six candidates spread across seven nameplates and five automakers — are each generating sufficiently healthy volume in a market that is roughly 40 percent smaller than it was a decade ago. Rather than more than a dozen nameplates each producing an average of 70,000 annual sales, the remaining players will attract an approximate average of 100,000 annual sales each.

TTAC believes it is the midsize sedan segment’s turn to revolutionize in the same manner. In fact, the revolution is already underway. Read More >

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