• News
  • Guides
  • Reviews
  • Media
  • About
  • News
  • Guides
  • Reviews
  • Media
  • About
Sign up Now (For Free)

Sign up for our newsletter and receive the latest automotive news in your inbox!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Thanks for subscribing!
News
Read Now
  • All News
  • Automakers
  • Automobiles
  • Auto Shows
  • Business
  • EVs & Environment
  • Guides
  • Lawsuits/Legal
  • Regulatory
  • Ride-Sharing
  • Safety & Recalls
  • Technology
Recent
  • VinFast Focuses on Europe to Beat Chinese Rivals to Market
  • Honda Establishes Global Motorsports Organization
  • Bugatti Rimac Signs U.S. Distribution Pact with VW
  • Tentative Settlement Ends Ford Strike Threat in Canada
  • NHTSA Revives Ford Focus Recall Investigation
  • Unifor, Ford Agree to Contract Extension
  • Volkswagen Reveals Third-Generation Tiguan
  • Minivans Aren’t as Safe as You Think, Study Claims
  • Everyone Wants to Talk to Elon
  • EV Growth to Accelerate as Price Parity Approaches
Editor’s Choice
    Reviews
    Read Now
    • All Reviews
      • Feeder
    • Classic Cars
    • Concept Cars
    • Convertibles
    • Coupes
    • Crossovers/CUVs
    • Diesel
    • Hot hatches
    • Hybrids
    • Luxury Vehicles
    • Minivans
    • Muscle Cars
    • Pickups
    • Sedans
    • Sports Cars
    • Super Cars
    • SUVs
    Recent Reviews
    • A Week With: 2024 Mercedes-AMG EQE SUV
    • A Week With: The 2024 BMW i7 xDrive60
    • A Week With: 2024 Alfa Romeo Tonale Veloce AWD
    • A Week With: 2023 Toyota Camry XSE Hybrid
    • A Week With: 2024 Subaru Impreza RS
    • A Week With: 2023 Chevrolet Colorado ZR2 Desert Boss
    • First Drive: 2024 Polestar 2
    • A Week With: 2024 Mercedes-Benz GLE 450 4Matic
    • A Week With: 2023 Mazda CX-50 Turbo
    • A Week With: 2023 Toyota Prius Prime
    Editor’s Choice
      Guides
      Car Warranty
      • Endurance Warranty Reviews
      • BMW Extended Warranty
      • Extended Warranty For Cars Over 100k Miles
      • Extended Car Warranty Cost
      • Subaru Extended Warranty
      • CarShield Reviews
      • CarShield Cost
      • Aftermarket Car Warranty
      • CARCHEX Warranty Reviews
      • Reputable Extended Car Warranty Companies
      • Used Car Warranty Companies
      • Best Car Warranty
      • Is CarShield A Scam?
      • Mercedes Extended Warranty
      • CarShield Plans
      Insurance
      • How To Identify A Car Insurance Company
      • Geico Mechanical Breakdown Insurance
      • How Far Back Does A Car Insurance Company Look
      • Mechanical Breakdown Insurance For Used Cars
      • State Farm Mechanical Breakdown Insurance
      • Mechanical Breakdown Insurance From Progressive
      • Dollar A Day Insurance
      • Auto Insurance For SSI Recipients
      • Car Insurance Rates After A Suspended License
      • Auto Insurance For Salvage Vehicles
      • Average Cost of Dodge Ram 1500 Car Insurance
      • Car Insurance Florida
      • Full Coverage Auto Insurance
      • GrubHub Insurance
      • Amazon Delivery Auto Insurance
      Shipping
      • Car Shipping Companies
      • uShip Reviews
      • Auto Shipping From California To Hawaii
      • Montway Auto Transport Reviews
      • Cheap Car Shipping
      • Easy Auto Ship Reviews
      • Auto Shipping Miami
      • Auto Shipping To Alaska
      • Car Shipping Cost
      • Auto Shipping Hawaii
      • Auto Shipping Puerto Rico
      • Sherpa Auto Transport Reviews
      • Auto Shipping Atlanta
      • Auto Shipping Boston
      • Auto Shipping. Chicago
      About
      • About Us
      • Contact Us
      • Terms of Use
      • Privacy Policy
      • Affiliate Disclosure
      • Sitemap
      TheDetroitBureau.com

      More than just “another” place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. TheDetroitBureau doesn’t stop with the press releases or confuse a few lines of opinion with insightful, in-depth reporting.

      Contact Us

      Like what you see? Have some ideas for making The Detroit Bureau.com even better? Let us know, we’d love to hear your voice.

        Media
        Listen Now
        • Headlight News: All Episodes
        More from TheDetroitBureau
        • Guides
        • Latest News
        • Auto Reviews
        • Podcasts
        Headlight News

        TheDetroitBureau.com’s Headlight News offers a look at the past week’s top automotive news stories, as well as what’s coming up in the week ahead. Check out the week’s top story and our latest review…along with a dive into the past with this week in automotive history.

        home > news > Automakers > U.S. New Vehicle Sales Tick Upward in May

        U.S. New Vehicle Sales Tick Upward in May

        Toyota and Fiat Chrysler led monthly sales surge.

        Joseph Szczesny
        Joseph Szczesny , Executive Editor
        June 03, 2019
        Reid Bigland, FCA head of U.S. Sales, reported that the company's Ram division set a new sales record in May.

        With Fiat Chrysler and Toyota leading the way, automakers surprised on the upside in May, posting modest sales increases for the month.

        FCA, where overall sales increased 2%, reported setting three records in May, led by the Ram brand which notched its 12th consecutive monthly sales record as demand for both light-duty and heavy-duty pickup trucks remained strong.

        News You Can Trust!

        It was also the best May ever for the Jeep Grand Cherokee and the highest level of May sales for the Dodge Charger in six years. Overall, total sales rose to 218,702 vehicles. Fleet represented 31% of total sales during the month. On a year-to-date basis, fleet accounted for 22% FCA of sales, the automaker reported.

        “On a year-over-year basis we have increased our average transaction prices by more than $3,000 a vehicle and still managed some notable sales increases,” said Reid Bigland, U.S. head of Sales. “In its first full month on sale, our all new Jeep Gladiator pickup truck delivered more than 2,500 vehicle sales, our Ram pickup truck sales soared 33% and the Jeep Grand Cherokee delivered its best May sales ever.”

        (Honda sees opportunity to grow car sales in a light truck sales. Click Here for the story.)

        General Motors and Ford Motor Co. no longer report monthly sales total.

        Japanese automakers posted mixed results for May with the Toyota, the largest Japanese brand posting a solid increase, and Subaru enjoyed its best month ever, according to sales reports released Monday. Nissan also posted a modest increase while Honda reported its sales slipped last month.

        The Ram 1500 has been pulling a heavy load, propping up FCA's sales.

        Toyota Motor North America said May 2019 sales of 222,174 vehicles represented an increase of 3.2% on a volume and daily selling rate (DSR) basis versus May 2018.  Toyota division posted May sales of 197,637 units, up 4.1% on a volume and DSR basis. Lexus division posted May sales of 24,537 vehicles, down 3.4% on a volume and DSR basis.

        Honda sales dropped 5.9%, but Acura sales climbed 5.7% on strong sales of RDX and MDX.  “We’re seeing growth opportunities in cars and light trucks for both Honda and Acura brands as the market continues to level off,” said Henio Arcangeli Jr., senior vice president of Automobile Sales at American Honda Motor Co.

        Nissan Group announced total U.S. sales for May 2019 of 131,983 units, an increase of 0.1% compared to the prior year. The Nissan division saw sales jump 1.1% while its Infiniti luxury division fell 10.4%.

        Subaru reported 63,972 vehicle sales for May 2019, a 6.4% increase compared with May 2018, and the best May sales in the history of the company. The automaker also reported year-to-date sales of 278,014, a 5.7% gain compared with the same period in 2018.

        (Click Here to see more about J.D. Power and LMC Automotive analysts predicting May sales.)

        “Coming off of a record-breaking April, we are excited to continue the momentum in May with a milestone 90th month of consecutive sales increases,” said Thomas J. Doll, president and CEO, Subaru of America Inc.

        “We have a dedicated group of retailers who have made these results possible and are the true strength of our brand. While we are humbled by record May sales, we remain proud to deliver reliable vehicles with new, innovative technology in an increasingly competitive market,” Doll said.

        Subaru's Tom Doll noted the company's 90th consecutive month of sales increases.

        The valuation analysts at Kelley Blue Book estimated average transaction price for a light vehicle in the United States was $37,185 in May 2019 and new vehicle prices increased $1,320 (up 3.7%) from May 2018, while decreasing $208 from last month.

        “SUVs bounced back in May 2019 and drove many of those increases for automakers, especially those with new and redesigned models on dealer lots. However, with this expected to be the fifth down month in a row, the question for this year remains whether automakers will start to trade some of their pricing power for greater incentives and more sales,” said Tim Fleming, analyst for Kelley Blue Book.

        While automakers were making more per vehicle sold, shoppers were finally getting a bit of a break on pricing with a drop in the interest rates they were charged, according to Edmunds.

        Interest rates for new vehicles dipped to their lowest level of 2019 in May, according to the car shopping experts at Edmunds. The annual percentage rate (APR) on new financed vehicles averaged 6.1% in May, compared to 6.27% in April.

        (Memorial Day weekend means more traffic — and good deals. Click Here for the story.)

        Edmunds analysts say this month-over-month dip is in part due to a bump in zero percent finance deals from automakers in May; these deals constituted 5.7% of financed transactions, compared to 3.2% last month.

        How to Care for Your Car

        Cheap Car Warranty

        Editor's Choice

        Best Extended Car Warranty

        Editor's Choice
        Recently Published

        VinFast Focuses on Europe to Beat Chinese Rivals to Market

        Yesterday

        Honda Establishes Global Motorsports Organization

        Yesterday

        Bugatti Rimac Signs U.S. Distribution Pact with VW

        Sept. 20, 2023

        Leave a Reply Cancel reply

        Your email address will not be published. Required fields are marked *

        Share this article:
        © The Detroit Bureau 2023
        • Guides
        • Privacy Policy
        • Terms of Use
        • Affiliate Disclosure
        • Contact Us
        • Sitemap
        Follow Us: