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As Weather Warms, May Auto Sales Sizzle

Buyers come out in droves for new vehicles.

by on Jun.02, 2015

The Mercedes-Benz C-Class led the brand to an 11.1% sales increase in May.

While May auto sales were expected to be strong, the overall thought was that sales would be down a bit due to one less selling day; however, new car buyers came out in force and, in the process, ensured several sale streaks remained intact.

The early predictions called for overall sales to drop 1%, but several estimates have them coming in as high 1.5% over the previous May’s results.

Stay on Top!

Four automakers extended runs of consecutive months of increased sales in May: Fiat Chrysler with 62 months, Audi at 53 months, Subaru with 42 months and Mercedes-Benz, which has a much shorter streak of just five months. (more…)

Trucks, SUVs, Crossovers Lead Sales Pack in May

Sedans take a hint as buyers still want big vehicles.

by on Jun.02, 2015

The 2015 Chevrolet Silverado is selling well for GM. The maker's "three truck" strategy helped the maker to a May sales increase.

While the other economic sectors suffered in May, the auto industry continued to post healthy sales in May even as sales showed sales leveling off at seasonally adjusted annual sales rate or SAAR of nearly 17 million units.

The domestic carmakers, Fiat Chrysler and General Motors, posted sales increases as did Infiniti, and Volkswagen, which has taken its share of lumps for its poor sales performance during the last two years.

Sales News!

FCA US reported a 4% increase compared with sales in May 2014, making it the group’s best May sales since 2005. The Chrysler, Jeep and Ram Truck brands each posted year-over-year sales gains in May compared with the same month a year ago. The Chrysler brand’s 32% increase was the largest sales gain of any FCA brand during the month. The group extended its streak of year-over-year sales gains to 62 consecutive months, Chrysler officials said. (more…)

European Auto Market Tanks in May

All makers but Renault see big sales declines. Ford slips to fourth place. Negative implications for the Detroit Three.

by on Jun.16, 2010

Renault is having great success with its Megane compact and the Scenic minivan.

The European car market took a sharp turn for the worse in May. Registrations declined 9% from a year earlier as “cash for clunkers” schemes that were in place last year expired. It was the second straight monthly decline.

The latest trend has negative financial implications for all of the Detroit Three – directly in the case of Ford Motor Company and General Motors Company, and indirectly for Chrysler Group because of Fiat’s decline.

Renault group with a 1.5% increase in market share to 10.5% displaced Ford Motor Company (9.4%) to become Europe’s third largest carmaker after number one Volkswagen (22.1% share) and second place PSA/Peugeot-Citroen (13.9%). Fiat Group was fifth (7.9% share) and suffered a 23% sales decline.

Free and Worth It!

“Our primary focus at Ford is to improve our profitability – and we successfully achieved this in the first quarter of the year” said Ingvar Sviggum, vice-president of Marketing, Sales and Service at Ford of Europe. Ford is saying the market will be in the 14-15 million unit range, down from 15.9 in 2009.