Corporate, Brand, Model-Level Performance: U.S. Auto News in the First Half

Most domestic, European and Asian-based automakers improved their car and light-truck sales in the U.S. auto market during the first six months of 2012 in comparison to the same period in 2011. A few highlights about the market during  the first half of 2012 are summarized below:

• Among the three Detroit-based automakers, Fiat-Chrysler boasted the best share gain, as market share increased by 1.36 percentage points to 11.49% from 10.13% a year ago.

• General Motors Company was still the largest automaker in the U.S. market, although its share of industry sales fell by 1.84 points to 18.13% from last year’s mid-year industry share of just under 20%.

• Detroit-based Ford Motor Co. also lost more than a point of market share this year—its first-half share was 15.55% vs. 16.76% a year ago. However, Ford’s corporate share was slightly higher than Toyota Group’s share.

• Toyota’s three brands gained more than 1.5 points of share to end the first half with 14.41% of industry sales. Toyota’s sales and share gain is based on their recovery from last year’s disastrous challenges with the March 2011 Japanese earthquake and tsunami and Thailand flooding issues that limited supply through much of the year, according to Dave Cutting, senior manager of North American Forecasting for LMC Automotive.**

• Transplants and imports both gained sales in the first six months of 2012 vs. the same period in 2011. Continue reading ›

Car Sales Bolster First-Half Results in U.S. Market

In the first six months of 2012, new-car and light-truck sales in the U.S. climbed 13.4%, to 7.26 million units from 6.32 million units in the same period of 2011 (on a selling-day-adjusted basis).* There were 938,400 more new light vehicles delivered in the first half of this year than in the same period of 2011, according to transaction data collected by J.D. Power’s Power Information Network® (PIN).

Retail sales during the first six months of 2012 improved—up 11.5% from a year ago, and fleet sales were up 20.4% from last year, based on analysis from LMC Automotive** and PIN. In addition, car sales outpaced truck sales this year vs. the same period in 2011.

Volkswagen, Toyota and Fiat-Chrysler Groups outperformed the overall market during the first half, with each manufacturer posting growth in excess of two times the industry average. Continue reading ›