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Foreign Automakers Enjoy Strong April Sales

Honda, Kia, VW buck rising sales trend.

by on May.01, 2015

Carmakers from around the world finished April with strong sales in the United States.

The 2016 Mazda6 helped the Japanese automaker to a 7.5% sales jump last month.

Mazda reported its best sales in 20 years, while Subaru, Jaguar Land Rover, BMW, Mercedes-Benz, Mitsubishi and Maserati all chalked up double-digit gains. However, it wasn’t sunshine and roses for every automaker as Honda, Kia and Volkswagen, reported sales declines and Volvo remained flat.

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“It is often said at Mazda that this business isn’t a sprint, but a marathon, and our sixth-generation vehicles prove that a steady pace will establish growth and build our brand,” said Ron Stettner, vice president of sales, MNAO. “Sixth-generation vehicle sales combine to be up 14% year-over-year and we continue to focus on the quality of our sales.” Overall, Mazda’s April sales were up 7.5%. (more…)

April Showers Automakers with Demand for Trucks, Crossovers

Many makers setting new records during the month.

by on May.01, 2015

Ford President Joe Hinrichs is thumbs up with good reason: F-150 sales were up 8% in April, helping Ford to a 5% jump for the month.

April showers resulted in a surge of buyers looking for new trucks and crossovers, which benefitted the bottom lines of nearly every automaker.

Ford finally broke out of something of a sales slump in April as it posted a 5% sales increase and General Motors, Fiat Chrysler, Nissan, Toyota and Audi all reported gains as sales of new vehicles boomed with the beginning of spring.

Automotive Insight!

The Dearborn, Michigan-based company said retail sales in April were the best in nine years. (more…)

Automakers Regain Momentum in April – Market Looking at Best in Decade

Power forecast sees industry making up ground after cold winter.

by on Apr.24, 2015

Trucks, like this Ford F-150 shown with CEO Mark Fields, continue to gain momentum in the US market.

Consumer demand for new vehicles during April is the best it’s been in 10 years, according to a new analysis by J.D. Power and LMC Automotive.

With the warmer, spring weather finally settling in across the U.S., total light-vehicle sales are projected to reach 1,463,700, a 5% increase compared with April 2014 and the highest level for the month since April 2005.  The total seasonally adjusted annual rate of sales, or SAAR, is expected to hit 16.6 million units.

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“The industry continues to outperform prior-year levels with respect to retail sales and transaction prices,” said John Humphrey, senior vice president of the global automotive practice at J.D. Power. “The average new-vehicle transaction price so far in April is $30,680, on pace to achieve a new record for the month.” The current record was set in April 2014 when transaction prices averaged $29,948,” he said.

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U.S. Auto Sales Heating Up with the Weather

New models and trucks help automakers to strong April.

by on May.01, 2014

The Audi A3 helped the German maker to a 19% sales increase in April.

New models demonstrated their value to automakers in April as the latest cars and trucks launched over the past several months combined with a break in the frigid weather pulled buyers into showrooms, helping keep the annual sales rate at more than 16 million units for the second consecutive month.

Audi, Toyota, Subaru, Mercedes-Benz, Chrysler, Jaguar Land Rover and Kia Hyundai posted double digit sales increase in January thanks in part of the launch of new or replacement models. General Motors, which was deluged with bad news, also benefitted from the strong sales of its latest models. Luxury vehicles also enjoyed a strong April, with Audi among those reaping the rewards with a 19% increase.

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“The launch of the all-new A3 Sedan gives Audi an even broader product portfolio and the opportunity to reach more luxury buyers in the premium compact segment,” said Mark Del Rosso, executive vice president of Audi of America. “In its first month of retail sales, the Audi A3 was a top seller in April, with over 2,000 vehicles sold.” (more…)

Automakers Enjoy April Sales Shower

GM, Chrysler, Toyota, Nissan all see sales spikes.

by on May.01, 2014

GM rode strong truck sales to a 7 percent sales increase in April.

After going through the big chill this past winter, automakers entered a spring thaw in April, makers reporting some of the strongest sales results they’ve seen in months.

Industry analysts suggest a variety of factors may be working in the industry’s favor. For one thing, April marked the start of the traditional automotive buying season, likely getting a bit of a nudge as motorists snowed in by the Polar Vortex finally headed for showrooms.

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Key automakers, including Nissan and Chrysler, even a General Motors battered by recalls, posted sales gains for the month. And though Ford did report a modest 1% decline, Toyota is reporting a 13.3% increase. (more…)

New Car Sales Picking Up April Momentum

Warm weather, new products, rising consumer confidence are factors.

by on Apr.28, 2014

A flood of new products, like this Mercedes-Benz CLA45 AMG, has helped warm up the U.S. market after a cold winter.

As much of the country shakes off the winter doldrums and heads for what has traditionally been the year’s busiest season, sales of new cars, trucks and crossovers appear to be picking up some significant momentum.

After a frigid start to the New Year, demand has been heating up in April, according to a number of preliminary reports which see the warmer weather as one key factor – though buyers also are being lured back to showrooms by a flood of new products. And improved consumer confidence is helping, as well.

By the Numbers!

Sales appear to be heading for the 16 million mark on a Seasonally Adjusted Annual Rate, or SAAR, for April, according to new surveys. By comparison, the industry sold 15.5 million new vehicles for all of 2013. Meanwhile, J.D. Power & Associates estimates consumers will spend $33.5 billion purchasing new vehicles this month, a record for the month, topping the $30.5 billion motorists spent in April 2005.

“Auto sales are hitting their stride as the spring selling season begins, and the pace has returned to the level expected at this stage of the recovery,” said Jeff Schuster, senior vice president of forecasting at LMC Automotive.

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Strong April Car Sales Could Buoy Sliding Economy…Again

"Irrepressible buying behavior" keeps showrooms busy.

by on Apr.22, 2013

Ford continues to see record demand for its new Fusion despite signs of an uncertain economy.

Sales of new vehicles during the first half of April remained in a healthy holding pattern as buyers continued to replace aging vehicles, according to the updated monthly sales forecast developed by J.D. Power and Associates’ Power and Associates and LMC Automotive.

That could be good news for analysts fretting about other weakening signs in the U.S. economy. The auto industry was one of the strongest sectors of the economy coming out of the last recession and could help maintain that pace in the months ahead.

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“The irrepressible buying behavior of consumers is driving auto sales growth in 2013, as consumer spending remains remarkably stronger than the economy suggests it should be,” said Jeff Schuster, senior vice president of forecasting at LMC Automotive.

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April Sales Buoy Industry – Economic Outlook

Industry planners sharply upgrade forecasts for rest of 2012.

by on May.01, 2012

Gaining momentum, the new Chevrolet Sonic.

It was the sort of month when even the “losers” could see the bright side.  Despite a modest decline in its own April sales, General Motors significantly increased its full-year forecast for an industry that continues to gain sales momentum despite near-record fuel prices and a variety of uncertain economic indicators.

If anything, the U.S. market showed strength in virtually all categories, and though more motorists clearly were looking for high-mileage small cars, demand surged for even some of the industry’s biggest products – sales of work trucks like the Ford F-150 and Nissan Titan suggesting to some observers that construction-related jobs are again on the rise.

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A variety of makers turned in strong numbers, Volkswagen reporting a 40-year sales high, Audi and Hyundai both achieving records for the month.

While Honda didn’t quite reach that level, the maker did gain 9.2%, year-over-year, while Japanese rival reported April sales were up 11.6%.  That’s good news for manufacturers that suffered the better part of a year of significant declines in the wake of the March 2011 Japanese earthquake and tsunami.

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April Sales Soar

But there are a few setbacks.

by on May.01, 2012

While the Nissan brand slipped in April, its Infiniti luxury brand gained on demand for the new JX crossover.

While several major makers have yet to weigh in, preliminary numbers confirm that the U.S. new car market continued gaining momentum in April – though there were a few setbacks, notably for the two largest of the domestic makers.

But it is likely to wrap up as another month of record-setting sales for at least some makers, including Volkswagen of America, which enjoyed its best April in more than 40 years. Chrysler, meanwhile, posted yet another a double-digit sales increase. Preliminary numbers for Japanese makers are mixed, Nissan reporting a rare down month while Toyota, still recovering from last year’s shortages, reported an 11.6% gain for the month.

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But both Ford Motor Co. and General Motors posted sales declines as the automakers reduced fleet sales. Despite the setback, however, GM raised its full-year light vehicle sales forecast to the range of 14.0 million to 14.5 million units from earlier estimates of 13.5 million to 14 million units.  A growing number of industry analysts now believe 2012 could wrap up with sales in the low to mid-14 million range.

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Car Sales On Track for Solid April

Preliminary numbers suggest momentum keeps building.

by on Apr.26, 2012

Japanese makers, in particular, appear to be having a very good month. But incentives for products like the Toyota Camry have also ramped up.

Final sales figures for April aren’t due out until next week but expectations are building for another month of automotive market momentum.

Light vehicle sales in the U.S., including fleet, are expected to reach 1.2 million units for the month, up 3.4% from April 2011, according to a forecast from True Car.com, an online data information center.  That would work out to another month in which the Seasonally Adjusted Annualized Rate or SAAR will exceed 14 million units – notably ahead of most forecasts going into 2012.

With other indicators providing mixed signals, analysts see the steady growth of the U.S. automotive market as a critical to the nation’s economic recovery.

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While forecasts for April vary, TrueCar – which relies on data provided by a national network of dealers – expects the SAAR to reach 14.6 million for the month, up from 13.2 million in April 2011 and 14.4 million in March 2012. Fleet and rental sales are expected to make up 18% of total industry sales in April 2012, TrueCar estimated in its forecast.

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