Hyundai and KIA combined for an 18 percent sales increase last month, moving 77,524 units between the two brands. Hyundai saw less dramatic increases, up “only” 15.4 percent over last March. Accent (4,233) and Elantra  (8,225) sales were weak compared to last March’s recession fever, but big jumps in Sonata (18,935), Santa Fe (9,548) and Tucson (3,084) volumes kept the momentum going. Sorento (9,156) and Soul (5,106) led KIA’s volume, with Forte (4,830) softening and Optima (3,633) actually gaining. Meanwhile, the fact that other brands were binging on incentives, trying to meet the Koreans on value, means this performance is especially impressive. At least it will be when we have March’s incentive numbers. Full sales numbers after the jump.

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March is shaping up to be the biggest month in car sales since Cash for Clunkers ended, and Ford isn’t being left behind [official release in PDF format here]. The firm’s sales rose 43 percent last month, matching February’s performance and setting another record for sales since 1984. Ford brand sales led the way with a 45.6 percent increase, while Lincoln climbed 18.9 percent and Mercury rose 26.2 percent. Focus hit 19,500 units, a 57.5 percent increase, while Fusion sales grew 79 percent to 22,773 units, an all-time record for the nameplate. Escape flirted with the 20k mark as well at 19,182, while F-Series hit 42,514, a 30 percent increase. Explorer even saw a 78 percent bump to 5,907, and a 53 percent bump in fleet sales sent over 10,000 Econolines out the door. Lincoln sold 450 more MKZs than it did last March, otherwise only the Town Car and Navigator were up (modestly). Milan carried the Mercury brand, up 71 percent to 3,897 units. Grand Marquis and Mariner sold 3,532 and 2,482 respectively. Though Ford had a great month sales-wise, its luxury brand situation continues to be one hot, steaming mess.

Today, we were following Automotive News [sub] as they were filling their developing table of March 2010 sales. With all precincts having reported, the final number is +24 percent. But remember: We are comparing with the worst of carmageddon. At least, it looks like we are slowly turning the corner.  However, the Chinese are way ahead of US. Data after the jump … (Read More…)

With the industry locked in the first incentive war of 2010, analysts have been predicting big sales numbers for March (especially in comparison with March 2009’s weak sales), and GM did not disappoint [sales spreadsheet available here in XLS format]. The General got big numbers out of its newest models [press release here], with the Buick LaCross selling over 6k units, the Cadillac SRX topping 4k, Camaro coming up just shy of 9k units and Equinox moving 12,805. By brand, Buick improved its sales by nearly 76 percent over February 2009, Cadillac bucked its underperformance, ending up 41.8 percent, Chevy added 40 percent and GMC was up 45 percent.

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Speaking of car sales in the Far East, the whisper number for China points to another solid month when March sales in the world’s largest car market will be announced next week.

Analysts surveyed by Reuters are expecting a 30-40 percent rise in sales of passenger vehicles for March. (Read More…)

Today is a big day. It’s April Fools Day. March numbers of U.S. auto sales will come out (we’ll get to that later.) Also, it is the beginning of one of the many Japanese oddities, called the fiscal year. The Japanese fiscal year spans from April 1 in the current year to March 31 in the next. So as far as the Japanese fiscal year is concerned, today is New Year! And it’s time to look back at Japanese auto sales. For the first time in what seemed to be an eternity, we can look back at Japanese auto sales without tears in our eyes. Or with gnashing teeth, depending on which side we’re on: Sales are up! Honto? (Read More…)

While others have a bit prematurely called for a Toyota death-watch, we’ve been following the story of comeback kid Toyota for a while. In Japan, ToMoCo’s production, domestic sales, and exports are solidly up. In the U.S.A., where Toyota had taken the biggest recall-pummeling, Edmunds predicted a 37.1 percent rise over March 2009. Looks like their crystal ball is in fine shape. Expect Toyota to surprise when March numbers come out. (Read More…)

If you believed Chrysler’s bailout “viability plan” [paging Commissar Orwell…], you knew the new Chrysler 300 would be released in 2010. It’s a bit cut off at the top of the image above, but you can clearly see the words “…and the New Chrysler 300 in 2010.” And if you believed Chrysler’s five year plan, released last November, you knew the refreshed 300 would go on sale in 2010. That’s why there’s a little refresh icon by the 300 in 2010. But if you believe the latest word from the Wall Street Journal [sub], you now know that the 2011 Chrysler 300 will be released in… 2010. And that’s news how?

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If you, dear reader, had expected (or, perish the thought, hoped) that SUA hype and rapid fire recalls would bring Toyota down, then stop reading immediately. What follows will not be good for your circulatory system. (Read More…)

Despite having their hands full with recalls, class action suits, Prius hoaxers and gold diggers, Toyota is not falling into deep depression. To the contrary, they think demand in 2010 will be higher than originally planned. And they ramp up their production to meet the demand. (Read More…)

Even in the darkest days of double nickel, the U.S. of A. had been Porsche’s largest market. In Zuffenhausen, they had tried to get to the bottom of a phenomenon that defied German logic: Why buy a Porsche if you can only crawl along at 55 mph? Ever so thankful for the unexpected sales, Porsche abandoned the search for the unknown.

Now, Porsche is looking eastwards for growth. (Read More…)

Peter Schiff (the man who saw the financial meltdown coming from a mile away) continually asserts that financial stimulus isn’t cure, it prolongs or postpones the problem. Any hardcore free capitalist will find it hard to disagree with Mr Schiff. There is no governmental stimulus such as in Europe. There is plenty of stimulus  from the car makers.

March sales for the United States are forecast to explode according to ecreditdaily. They report that JD Power & Associates forecast that new vehicle retail sales going to increase 25 percent. New vehicle sales for the month of March 2010 are expected to be around 883,300 units. The majority of the growth is expected to come from a certain manufacturer who’s been in the media for other reasons. Our own Darth Niedermeyer, saw this coming. (Read More…)

Lavish cash on the hood of Japanese cars may help their U.S. sales (or soften the fall in Toyota’s case). The largess also “will put pressure on earnings,” says The Nikkei [sub].

Toyota, Nissan, Honda raised sales incentives in February to an average of 2,221 dollars per vehicle, up 11 percent from January. (Read More…)

If there are two words that can’t be left out of any discussion of 2010 auto sales numbers, they are “incentives” and “fleet.” With a fleet sales binge well underway, and Toyota recall-triggered incentive wars raging with no end in sight, the spring Truck month rituals have been bounteous. And with sales of full-sized trucks through February trending flat and fragmented, they had to be. But will they make a difference?

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In addition to lowering prices on 2010 models, Saab is introducing $4k-$8k incentives on 2009 models, according to bankrate.com. Will that be enough to make the company’s goal of 100k sales? With only 500 2009 models available in the US, and 2009 sales of 39k units globally last year, the answer is almost certainly a resounding “no.”