Ford Brand and F-Series Still Top-Volume Leaders

Ford remained the best-selling nameplate in August and also the nameplate with the best-selling model in the US market—the F-Series pickup. Ford captured 15.4% of industry sales in August, up from 14.26% a year ago. Brand sales rose 11.7% from August 2010—to 164,843 units.

Chevrolet continued to hold onto the second-highest brand share in . . . Continue Reading Ford Brand and F-Series Still Top-Volume Leaders

Diesels to Help GM, Others Meet Stricter Fuel Economy Rules

Mike Omotoso

Recent news reports have indicated that General Motors has decided to sell a diesel version of the Chevrolet Cruze compact car in the US market. Reportedly, the diesel powertrain will help boost Cruze fuel efficiency to 50 mpg on the highway, based on several wire service reports. In June, Chevrolet sold nearly 25,000 new Cruze compacts with conventional gasoline powertrains, and it was one of the best-selling models in the US market.

GM to Offer Clean Diesel Powertrain

We know that General Motors’ diesel engine will use a common-rail direct-injection system, and it will be a clean diesel. In fact, all diesel passenger cars sold in the United States must be clean diesel, and ultra-low sulfur diesel has been sold across the country since late 2006. As news reports suggest, it will be two or three years before a diesel version of the Cruze can be sold here because it has to be re-engineered to meet US emissions standards. Continue reading ›

First-Half Sales in U.S. Improve; Compacts, Light Trucks Gain

Through the first half of 2011, new car and light-truck sales in the United States were up 12% from the same six-month period in 2010. Automakers delivered 6.3 million units in the first half compared with 5.6 million units in the first half of 2010.

More light trucks were sold in the first six months this year than in the same period a year ago. Our analysis indicates that the light-truck share of the market in the first half was 50.3%, up from 49.2% a year ago. Although light trucks were more popular, compacts, especially Compact Conventional models, posted a major sales and share gain this year, outpacing last year’s most popular segment in the industry in the first half—Midsize Conventional cars. Continue reading ›

US Sales in June Bolstered by Demand for Pickups and Compacts

David Cutting

In June, more than 1.05 million new cars and light trucks were sold in the US market, which was up slightly less than 3% from 981,429 unit sales in the same month a year ago (on a selling-day-adjusted basis*). The average annual selling pace (SAAR) in June was 11.4 million units, which was weaker than last month’s 11.7 million-unit SAAR, but stronger than the year-ago pace of 11.1 million units.

Large pickups and the combined compact segments outperformed the industry in June as we projected, and the three Detroit-based automakers captured slightly more than one-half of industry sales (50.16%), mainly due to depleted inventories for two of the major Japanese automakers: Toyota and Honda Groups. On a year-to-date basis, the US market is up 12.1%. Hyundai Group’s impressive 32.5% sales gain through June this year comes at the expense of Toyota (down 4.6%) and Honda (up 1.6%). Continue reading ›

Honda Receives Most Model-Level Initial Quality Awards in 2011

Jon Sundberg

Honda captures a total of seven model-level initial quality awards—the most of any brand this year, and the most for the Japanese automaker in any given year—according to results of the J.D. Power and Associates 2011 U.S. Initial Quality StudySM (IQS). Lexus, which receives four model-level awards, is also the brand with the highest-performing model in the industry—the LS. Chevrolet, Ford and Mercedes-Benz receive two awards each, while Cadillac, Chrysler, Dodge and Mazda each receive one award. Continue reading ›

PIN Demographic and Transaction Highlights for Premium Brands

Most premium brands had lower retail turn rates* than the industry average during the first four months of 2011, based on our Power Information Network® (PIN) retail transaction data. This year, the Audi brand had the lowest retail turn rate—new vehicles remained an average of only 23 days on dealer lots before being sold—which was even lower than last year’s 34 days, and less than half of the industry average retail turn rate (54 days) during the first four months of 2011. Land Rover had the next lowest turn rate—30 days—down from 35 days in 2010. Lexus followed with a retail turn rate of 36 days, which was up from 29 days in 2010. Continue reading ›

BMW Takes US Premium Sales Lead in First Four Months of 2011

David Cutting

BMW, offering 11 models in the US market, currently is the best-selling luxury, or premium, brand through the first four months of 2011, according to data from our Automotive Forecasting division. BMW’s year-to-date sales through April totaled 71,417 units, which was a 10% improvement over last year’s same time period. The German luxury automaker’s 5 Series midsize premium conventional model posted strong gains for the brand this year—sales rose more than 75%, to 15,986 units vs. 9,111 sales a year ago. Also, the redesigned X3 compact premium crossover (CUV) bolstered the brand’s totals with 7,987 unit sales so far this year. Additionally, all of BMW’s CUV models posted gains this year, while the volume-leading 3 Series, which was the best-selling premium model in the US market, posted a 12% sales decline (26,590 unit sales vs. 30,360 unit sales in 2010).

Mercedes-Benz, with a lineup of 15 models in the US new-vehicle market, was very close to its rival BMW, selling just 32 fewer units through the first four months. Mercedes delivered 71,385 premium cars and light trucks in January through April 2011, up 7% from last year’s 66,857 unit deliveries. In addition to being the best-selling luxury brand, the Mercedes C-Class and E-Class passenger cars were among the 10 best-selling luxury models in the United States during this same time frame. The Sprinter van has sold 3,764 units in year-to-date sales, but is not included in the above figures as it is not considered to be a premium model. Continue reading ›

Retail Sales Lead US First-Quarter Auto Market Revival

First-quarter light-vehicle sales in the United States were up 18.6% from the same three-month period in 2010, based on our Automotive Forecasting Division analysis. Overall car and light-truck sales advanced to 3.05 million unit sales during the quarter, from 2.5 million units a year ago. Nearly 513,000 more new vehicles were delivered in the quarter than in the first quarter of 2010.

Retail sales led the early 2011 recovery with a 23.0% increase, while fleet sales were up only 4.6%, based on our Power Information Network® (PIN) retail transaction data. Escalating gasoline prices (nationwide average approaching $4.00 per gallon) during the first quarter boosted the Compact segments, which were up 25.4% from the same period a year ago, while the Midsize and Large segments increased only 13.1% and 16.4%, respectively. Continue reading ›

Shanghai GM Broadens Product Portfolio in China Market

Tim Dunne

Shanghai GM* reports that first-quarter sales of Buick, Chevy and Cadillac vehicles in China increased more than 33% from the same period in 2010, to 313,651 unit sales. GM’s sales in China in the first quarter still outdistanced its first-quarter sales in the United States, even though it was not as lofty a figure this year. What’s interesting is that GM sales were up much more than the market (33% vs 12%), according to our research. The new Buick Excelle XT/GT did very well in the first quarter, as did the LaCrosse and new Regal. In addition, the Chevrolet Cruze has been averaging 20,000 unit sales a month, and the New Sail is averaging almost 15,000 unit sales a month.

Looking ahead, GM has indicated that it is planning the global launch of the latest version of its Chevrolet Malibu midsize sedan at the Shanghai Auto Show later this month. The Malibu is an important model for Chevrolet in China. The midsize segment in China accounts for about 12% of passenger-vehicle sales (more than 1.4 million unit sales annually). Currently, the volume leaders in this segment are the Toyota Camry, Honda Accord and Nissan Teanna. Continue reading ›

Lincoln Ranks Highest Among Brands in Vehicle Dependability

Fourteen of 34 brands included in this year’s U.S. Vehicle Dependability Study (VDS) outperform or match the overall industry average for problems per 100 vehicles (PP100). Nine of these 14 brands are premium nameplates, while five are non-premium or mass-market brands.

David Sargent

For the first time in the history of the VDS, . . . Continue Reading Lincoln Ranks Highest Among Brands in Vehicle Dependability