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Posts Tagged ‘june 2013 auto sales’

Strong Truck Sales Drive Solid June

Records made and broken.

by on Jul.02, 2013

Pickups, including import models like the Toyota Tundra, helped drive strong June sales.

Strong demand for pickups and other light trucks helped deliver the best June the auto industry has seen since the beginning of the long U.S. recession – several makers reporting their best sales ever.

While industry officials acknowledged the “volatility” of the economy could yet deliver a setback – much as Wall Street traders experienced last month, the general mood is growing increasingly upbeat with June sales numbers solidly exceeding most analysts’ full year forecast.

“While we are cautious in terms of the economic outlook, we expect our sales pace to remain steady in the second-half of the year,” said Jonathan Browning, CEO of the Volkswagen Group of America.

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VW was, in fact, one of the few brands to report a downturn for the month, though that came after a strong surge earlier this year that saw the German maker post its best numbers since the era of the original Volkswagen Beetle. And while the VW brand itself fell 3.2% for the month, the sibling Audi brand reported a record June  and its 30th consecutive month of increases.


Stock Market Sell-Off? June Car Sales Stay Strong

Customers paying record transaction prices.

by on Jun.25, 2013

Ford is rapidly ramping up production of vehicles like the F-Series to keep up with rising demand.

As Mad Magazine mascot Alfred E. Neumann frequently asks: “What, me worry?” it seems like the recent stock market tumble, the worsening situation in Europe and ongoing economic concerns here in the U.S. are, at most, background noise – at least to American car buyers.

Sales of new cars and trucks continue to move along at a steady clip during June, according to new estimates from J.D. Power & Associates and LMC Automotive.  A monthly sales forecast based on direct dealer data indicates new-vehicle retail sales are showing no signs of letting up at the start of the summer selling season.

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New-vehicle retail sales in June are projected to come in at 1,118,800 vehicles, which represent a Seasonally Adjusted Annualized Rate of 13.2 million units, a healthy increase of 500,000 from the May SAAR. Retail transactions are the most accurate measure of true underlying consumer demand for new vehicles.