Tag: Sales

By on October 30, 2018

Here’s a question we are certain is causing sleepless nights for a wide swath of our readership: What is the most popular vehicle in Metro Detroit?

I know! It’s a topic that’s occupied my mind as well, especially while enduring long hours on the semi-pro karaoke circuit. Verticalscope would rather you click on the jump to find the answer, however, rather than give it to you here above the fold … but we will tell you this: it’s most certainly not the Ford F-Series pickup.

In fact, that truck line doesn’t even rank high enough for a podium finish.

(Read More…)

By on October 29, 2018

2015 Hyundai Santa Cruz Crossover Truck Concept - Image: Hyundai

The timeline of Hyundai’s long-anticipated pickup calls to mind Lt. Frank Drebin’s description of lovemaking: “It’s a painstaking and arduous task that seems to go on and on forever, and just when you think things are going your way, nothing happens.”

While a production version of Hyundai’s 2015 Santa Cruz concept once seemed like a sure thing, the would-be model still doesn’t have the backing of Hyundai brass, meaning it won’t trundle down an assembly line for at least two years. If it does receive the green light, however, Hyundai’s sticking with its plan to create its own niche in an increasingly crowded small pickup market. (Read More…)

By on October 25, 2018

2019 Ford Ranger at MAP - Image: FordJust ahead of the launch of a new Ford Ranger, production of which began earlier this month, midsize trucks’ share of the overall U.S. pickup truck market is up to a respectable nine-year high.

Thanks to significant year-over-year improvements from the two top sellers in the segment plus meaningful increases from the third and fourth-ranked midsize pickups, category-wide volume has grown by more than 60,000 units during the first nine months of 2018. Compared with the same period in 2017, volume in the much larger full-size pickup truck segment hasn’t even grown by half that much.

If you’re a pickup truck buyer, you remain far more likely to acquire a full-size F-150, Silverado, Ram, Sierra, Tundra, or Titan than a Tacoma, Colorado, Frontier, Canyon, or Ridgeline. But the slice of the pie afforded to the five-strong midsize sector is above 18 percent for the first time since 2009.

Could the new Ford Ranger push midsize trucks over the one-fifth mark for the first time since 2006? (Read More…)

By on October 22, 2018

2019 Subaru Ascent duo - Image: Subaru Operating in a higher price spectrum and with Subaru’s typically tight grip on the incentive account, there’s no telling what the new Ascent is doing for Subaru’s bottom line. But as Subaru conservatively predicted, the Ascent isn’t generating much in the way of greater sales activity inside Subaru showrooms.

Instead, the Ascent is growing Subaru’s volume by the leanest of margins, in part because it’s by no means a segment leader in sales; partly because nearly all of Subaru’s other models are suffering significant sales slowdowns.

Fortunately for Subaru, the Ascent is now selling at the approximate pace Subaru had forecasted. But it appears to be doing so at the expense of other Subarus. (Read More…)

By on October 17, 2018

2018 Nissan LEAF SL

Nissan did Leaf fans a favor when it upped the model’s driving range to 151 miles for 2018, a healthy increase from the previous generation’s 107 miles. Still, 151 miles falls well short of the industry’s nice-sounding gold standard of 200 miles — the figure to beat (or at least reach) for most automakers. With range like the new Leaf’s, long-distance travel remains complicated, inconvenient, and perhaps even impossible.

It’s no secret that Nissan plans to offer an upgraded battery next year, but just how much extra cash you’ll need for that 60 kWh model remained a mystery. Until now. (Read More…)

By on October 12, 2018

2018 Nissan LEAF SL

Remember when McDonald’s used to put a running total of the “Billions Served” on its golden arches? EV makers may soon be able to do the same for their sales efforts. According to Wards Auto, total sales for plug-in hybrid or electric vehicles over the last ten years will soon reach the 1 million mark.

And, like McDonald’s, manufacturers of cars which run solely on electrons are all serving up variations on what’s essentially the same dish, but adding different ingredients here and there.

(Read More…)

By on October 10, 2018

2017 Elantra Eco

Once a bracket where most desirable vehicles lived, the sub-$20,000 price range is not the hot neighborhood it once was. The ever-upward creep of new vehicle MSRPs increasingly places most vehicles above that marker, and shifting consumer trends haven’t helped expand its ranks.

According to data from J.D. Power, 2018 has seen a rapid exodus from the cheap seats, with retail volume from the $20k-and-under crowd sinking 20 percent since the start of the year. Big spenders, on the other hand, are gobbling up $80,000-plus vehicles at a rapid clip. (Read More…)

By on October 5, 2018

Image: Subaru

U.S. auto sales took a roughly 7 percent year-over-year dive in September, pulling the market’s year-to-date sales total further in the red. The industry-wide sales gain seen in the first half of the year is gone.

At Subaru, however, good timing and the continued popularity of a certain model kept the automaker from joining the ranks of its rivals (a group that does not include a beaming Fiat Chrysler). The automaker somehow managed to pull off a win in a dismal month, and it’s still up on a year-to-date basis, despite having so many minuses on its sales ledger. (Read More…)

By on October 5, 2018

[Image: Daimler AG]

Mercedes-Benz isn’t exempt from the normal ebb and flow of product lines, but no one would claim that the German automaker doesn’t have a crowded house. Coupe-ified versions of its utility vehicles proliferated in recent years, as have AMG variants of existing models.

This is an automaker with three roadsters. Coupes and convertibles spring from everywhere at once.

As Mercedes-Benz prepares to transition oversight of the company away from longtime CEO Dr. Dieter Zetsche, his chosen successor, Ola Källenius, admits the product family might require some paring. (Read More…)

By on October 3, 2018

2018 Buck Regal GS front - Image: Buick

General Motors joined the vast majority of its automotive colleagues in having a crappy sales month in September, posting an 11.1 percent year-over-year volume loss. The issues facing OEMs last month were many. As interest rates rise and the market cools, automakers looking to capture more for their coffers are trending towards reduced fleet sales and lowered incentive spending. Hurricanes also played something of a role.

At GM, which graces us with sales figures just four times a year, what was likely a poor showing in September dragged down the third quarter as well as year-to-date sales, with volume since the start of the year now down 1.2 percent. That doesn’t mean several GM models didn’t have good quarters, or haven’t had good 2018s. Some 18 models can boast of YTD sales gains.

Of those 18, however, just four are passenger cars, and one member of the group already has one and a half feet in the grave. (Read More…)

By on October 3, 2018

Tesla Model 3

If that headline was a tweet, it would certainly qualify as “evergreen.”

With Model 3 production having ramped up towards the very end of the previous quarter, Tesla production in the third quarter of 2018 totalled 80,142 units, some 53,239 of them Model 3s. Compared to the 53,339 vehicles built in Q2 2018, it’s a hefty increase in output.

However, lost in the megaton-yield controversies that follow Tesla CEO Elon Musk like a stray dog in search of a home is the fact that Q3 production didn’t quite make it to an oft-promised target. (Read More…)

By on October 3, 2018

2018 Ford F-150 - Image: Ford

Much has been made of the impact of two hurricanes, Harvey and Florence, and the two storms’ impact on September vehicles sales in the United States. Harvey swamped the Houston-Galveston area in August 2017, leading to an uptick in vehicles sales the following month, while Florence menaced a broad area of the U.S. Southeast for days in September 2018.

For Ford especially, these storms are the stated reason for the vaunted F-Series line of pickups suffering its first year-over-year sales drop in 16 months. If you can forgive April 2017, when the F-Series failed to clear the previous year’s bar by 117 units, that winning stretch can be lengthened to 23 months. Was Mother Nature truly to blame? (Read More…)

By on October 2, 2018

2019 Ram 1500 eTorque

Dealerships across America were awash in red last month, both from the ink spilling across financial ledgers and the anger emitting from corner offices. Just about every marque was off in September and not by insignificant amounts. This can be blamed on a number of factors, not the least of which was last year’s pent up demand after a devastating Hurricane Harvey and this year’s Hurricane Florence having the opposite effect.

One ray of sunshine? Fiat Chrysler, which finally got its Ram production in gear and started delivering snazzy new pickup to eager customers in a big way. Of course, having the perpetually strong-selling Jeep brand on the books didn’t hurt, either.

(Read More…)

By on September 26, 2018

tesla model 3

Tesla Motors is currently offering up a bevy of incentives, even a few it once discontinued, in order to maximize deliveries before the end of the quarter. The brand has also reached out to enthusiastic owners who may want to help during its time of need, creating a weird sort of volunteer army for itself.

The company is desperate to prove to investors that Model 3 volume is making meaningful headway before its next shareholders meeting. As you’ll recall, the Department of Justice opened a criminal investigation after the Securities and Exchange Commission began a civil probe into Elon Musk’s August tweet about possibly taking Tesla private. The automaker also fired more than 3,000 employes over the summer and lost several important executives. It’s been a rough year for the brand, which makes having a good quarter all the more important.

While a significant portion of that battle is being waged at the factory, helped by simplified paint options and new car carriers, Tesla thinks it can move enough extra metal at its delivery centers to make up some of the difference.   (Read More…)

By on September 25, 2018

2018 Ford F150 assembly line -Image: Ford

Ford Motor Company is currently on track to sell 939,809 F-Series pickup truck sales in the United States in calendar year 2018.

That number is hugely significant. Not only does it represent far greater volume than any other vehicle line can manage (the F-Series was outselling the combined efforts of the Chevrolet Silverado and GMC Sierra by 15 percent at the halfway mark), it would also mark the first occasion since 2005 in which any vehicle line topped the 900K mark.

The F-Series accounts for 36 percent of U.S. Ford Motor Company sales, outsells Ford/Lincoln cars by nearly two to one, and outsells all Ford/Lincoln SUVs/crossovers by roughly 2,000 units per month. Use Volkswagen, a global powerhouse, for further comparison: the German brand isn’t likely to sell 400,000 vehicles in America this year. With one-third of the year remaining, Ford has already sold 603,926 F-Series trucks.

But the track towards 939,809 is important for another reason. It’s also 298 sales greater than Ford’s all-time best number. What does Ford need to do during the final four months of the year to break its record? (Read More…)

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