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Posts Tagged ‘november car sales’

November’s Movers and Losers

Even the weakest models are flying out of showrooms.

by on Dec.04, 2013

Demand for the new 2014 Range Rover Sport has made it a hot product this winter.

November delivered an early holiday present to the auto industry, sales surging by double-digits, driven by attractive Black Friday sales.  It was hard to find a manufacturer that didn’t have a good month, with the exception of Volkswagen and the Honda division. And industry analysts note that demand was strong in virtually every product segment – from minicars to full-size pickups, even minivans gaining traction after years of steady decline.

But reading between the lines can reveal a bit different story. Despite the big sales surge, industry inventories have been on the rise – one reason Ford has decided to trim a week’s production this month for the normally strong Fusion sedan – the second-largest domestic maker slicing its planned overall first-quarter production schedule by 2%.

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And while dealers had a tough time keeping some products – such as the new Range Rover and Range Rover Sport SUVs – in stock last month, they were tripping over some other models.  There was an average 115 days of inventory for the Nissan GTR sports car, for example, roughly twice the 60-day industry norm. Jaguar dealers had 103 days worth of XKR models, and there was an 89-day supply of the Acura RLX, the luxury brand’s new flagship, according to a survey by


Few Losers in November Sales Sweep

Records fall like the proverbial dominoes.

by on Dec.03, 2012

Despite the embarrassing news about its mileage ratings, sales of vehicles like the Hyundai Genesis Coupe continued to soar.

A glance over the November sales numbers reveals a month that might best be described as a “win-win” situation.

There were few, if any, losers unless you count the modest 3% year-over-year increase at General Motors which fell well behind the overall industry upturn – one of the best month’s the U.S. new car market has seen since the bottom fell out prior to the long-running recession.

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On a year-over-year basis, Subaru appears to have been the big winner with a 60% sales gain. But there was a long list of makers setting all-time records, including Nissan and its Infiniti luxury brand, Porsche, BMW, Honda and Audi.  The latter maker reported its 23rd consecutive monthly gain, November bringing Audi’s sales for the year-to-date to 124,469, about 4% ahead of the record it set for all of 2011. Chrysler, meanwhile, delivered its 32nd consecutive monthly gain — its Fiat brand jumping 123%.


Superstorm Adds Tailwind as November Sales Surge

No fiscal cliff for automakers.

by on Dec.03, 2012

VW -- which is getting ready to launch the new Beetle Convertible -- had its best November since 1973.

While Superstorm Sandy might have taken the wind out of the auto industry’s momentum in October, the storm’s aftermath appears to be have given sales a strong tailwind in November.

Analysts now estimate the industry could have gained as much as 100,000 sales last month that had been postponed because of the massive East Coast storm. And demand also appears to be picking up as motorists race to replace vehicles damaged or destroyed during the disastrous storm.

With consumers in a generally upbeat mood – reflected in strong Black Friday sales – preliminary estimates suggest November may have set an industry peak, with demand running as high as 15.1 million on an annualized basis.

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While General Motors reported a relatively modest 3% increase for the month, Nissan’s luxury brand Infiniti posted a 41.2% year-over-year gain. And Volkswagen had its best November since 1973. Other gainers included Toyota, jumping 17.2%; Ford, up 6%; Chrysler picking up 14% — with its Fiat brand jumping 123% — and the Nissan brand up 9.8%.


US Auto Market in Full Recovery Mode

Demand expected to surge – though Washington gridlock still poses a risk.

by on Nov.28, 2012

Toyota's Jim Lentz sees good times ahead for the U.S. auto industry.

It’s been the little engine that could, driving along an economy long struggling to avert a double-dip recession. And now, amidst growing signs that the U.S. economy is clearly on the mend, industry leaders are increasingly confident the auto industry is heading in fast-forward towards some extremely good – though probably not record – years.

As manufacturers get set to report extremely strong numbers for October, Toyota’s top American executive, Jim Lentz said he expects to see 2012 end with sales of 14.3 million – about 1 million more than a year before and a roughly 40% increase from the depths of the recession.

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“And the forecast ahead looks even better,” Lentz said as he opened his keynote remarks at the opening of the annual LA Auto Show. “Analysts expect we will reach 16 million in just a few short years.”


Auto Sales Soar in November

Momentum maintained despite initial concerns.

by on Dec.01, 2011

Volkswagen's renewed focus on the U.S. market led to a 40% surge in November sales.

Countering concerns that strong sales might lose their momentum heading into the winter, demand for cars, trucks and crossovers remained unexpectedly strong in November – offering a nudge to the struggling U.S. economy – especially with signs that the auto industry will be going on a hiring binge. will be updating this story throughout the day as more makers report November sales numbers.

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Sales of new vehicles were decidedly stronger than expected in November — a forecast by predicting an overall monthly increase of 12% — though the jump in demand varied sharply by brand.

Chrysler Group reported a 45% increase in sales last month while cross-town rival General Motors Co. posted a more modest 7% increase as automakers began reporting sales totals. Ford, meanwhile, landed in the middle, with a 13% hike in volume.


November Car Sales Could Be Best Since Mid-’09

Market keeps gaining momentum.

by on Nov.29, 2011

Increased availability of Japanese products, like this 2012 Toyota Camry, appear to have helped build November sales momentum.

The U.S. economy looks like it got a lift in November from new vehicle sales – which continue gaining momentum despite earlier concerns that the automotive market would cool down after a hot October.

Sales of new cars in November have climbed to a level last seen more than two years ago when the government’s “Cash for Clunkers” was in full swing, according to analysts who follow sales trends. Full results for the month are due December 1.

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“We’ve seen six straight months of year-over-year gains for new vehicle sales, which shows positive momentum for the auto industry,” said Jesse Toprak, vice president of Industry Trends and Insights for the automotive website


Subaru, Audi Set Records As November Sales Surge

Toyota reports the rare dip in volume despite hefty incentives.

by on Dec.02, 2010

Demand for products like the 2011 Impreza WRX have helped Subaru set another U.S. sales record.

Subaru set an annual all-time sales record last month as the industry-wide sales rate surpassed the 12 million unit level during November.

But the Japanese automaker isn’t the only celebrating what was the best month for the auto industry since the short-lived, government-funded Cash for Clunkers program.  Audi, for one, had its best November ever.  And, with the rare exception of Toyota, all the major domestic, Asian and European automakers came out of November with newfound momentum.

“We have a formula that works,” said Timothy M. Colbeck, senior vice president of sales, Subaru of America, Inc.  So far this year, Subaru sales are up 22% to a record 237,126 units.

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“Our vehicles are right-sized, come with all-wheel-drive standard, and are known for safety, reliability, fuel economy and spirited driving. Add into that mix excellent value for money and it’s clear why we are seeing sustained demand for our brand,” said Subaru’s Colbeck.

Meanwhile, champagne was being chilled at Audi’s U.S. headquarters in suburban Washington, D.C.  The maker reported its eighth monthly record for 2010, and seems certain, for the first time, to push past the 100,000 sales mark.


November Car Sales Show Sustained Industry Momentum

But recovery still likely to be a long, slow one.

by on Dec.01, 2010

Initial signs suggest U.S. car dealers were busy in November, following a previous strong month.

While industry bean-counters are still tallying up the reports flooding in from their U.S. dealers, initial indications are that November was another good month for the U.S. auto industry – but still nowhere near the sort of turnaround that carmakers domestic and foreign ultimately are hoping for.

Overall, if outside analysts have their sources pegged, November sales of new vehicles rose somewhere between 15% and 17%, overall, while the retail side of the market posted particularly strong gains.  That’s a segment that observers inside and out watch closely because consumers, rather than fleet buyers, will ultimately drive the long-sought recovery.

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“Strength in retail sales has continued past mid-November, revealing a trend toward sustained upward momentum,” said Jeff Schuster, executive director of global forecasting at J.D. Power and Associates. “It appears that consumer concern regarding the pace of the recovery may be easing as the industry exhibits gradual improvement.”