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    June 2012 - Chrysler Group


    Chrysler Group LLC Reports June 2012 U.S. Sales Increased 20 Percent; Best June Sales in Five Years

    • Best June sales since 2007
    • 27th-consecutive month of year-over-year sales gains
    • Second-quarter sales up 24 percent versus same period last year
    • Chrysler, Jeep®, Dodge, Ram Truck, and FIAT brands each post sales increases in June compared with same month a year ago
    • FIAT brand sets sales record for fifth-consecutive month
    • First-half FIAT brand sales surpass total sales in 2011
    • All-new 2013 Dodge Dart compact car begins arriving in dealership showrooms
    • Chrysler brand sales up 63 percent; best June sales since 2008
    • Chrysler 200 mid-size sedan sets sales record for month of June
    • Chrysler 300 flagship sedan posts lofty 179 percent increase; best June sales in five years
    • Chrysler Town & Country minivan logs double-digit sales gain
    • Jeep brand sales up 23 percent; best June sales since 2007
    • Jeep Wrangler sales up 28 percent; sets all-time sales record
    • Jeep Grand Cherokee has best June sales since 2005
    • Ram pickup truck sales up 12 percent; best June sales since 2007
    • Dodge brand sales up 2 percent; best June sales since 2007
    • Dodge Avenger mid-size sedan sales up 68 percent; sets sales record for month of June
    • Dodge Challenger muscle car sets sales record for month of June
    • Dodge Journey full-size crossover logs 49 percent increase; sets sales record for month of June
    • Kelley Blue Book’s kbb.com names all-new 2013 Dodge Dart and 2012 Fiat 500 to its ‘10 Coolest New Cars Under $18,000’ list
    • Jeep Grand Cherokee SRT8 and Chrysler 300 SRT8 make Robb Report’s ‘Best of the Best: 2012’ list
    • Edmunds.com and Parents magazine select 2012 Dodge Durango among the ‘Best Family Cars of 2012’

    July 3, 2012 , Auburn Hills, Mich. - Chrysler Group LLC today reported U.S. sales of 144,811 units, a 20 percent increase compared with sales in June 2011 (120,394 units), and the group’s best June sales since 2007.

    The Chrysler, Jeep®, Dodge, Ram Truck, and FIAT brands each posted sales increases in June compared with the same month a year ago. Chrysler Group recorded its 27th-consecutive month of year-over-year sales gains in June. Chrysler Group’s second-quarter sales were up 24 percent versus the same period last year.

    The FIAT brand set a sales record for the fifth-consecutive month and the brand’s 122 percent year-over-year sales gain was the largest percentage increase of any Chrysler Group brand in June. More Fiat 500 vehicles were sold during the first six months of this year than during all of 2011.

    The all-new 2013 Dodge Dart compact car has started to arrive in dealership showrooms across the country. The first sales of the highly-anticipated Dart are included in the June sales table. More than 1,000 Dodge dealers, eager to drive their first Dodge Dart back to their dealerships, converged on 12 “Dart Drive Away” events held around the country, some traveling distances greater than 500 miles to attend.

    “June was another solid month for the Chrysler Group with U.S. sales up 20 percent and second-quarter sales increasing 24 percent compared with the same period in 2011,” said Reid Bigland, President and CEO – Dodge Brand and Head of U.S. Sales. “June also marked our 27th-consecutive month of year-over-year sales growth. Continuous improvement remains a key focus at Chrysler as we have steadily increased sales, improved quality, added production and created jobs.”

    As the Fiat 500 was setting its June sales record, five other Chrysler Group models also posted record sales. For the third time in the last 12 months, the iconic Jeep Wrangler set an all-time monthly sales record. The Dodge brand had three record setters in June. The sporty Dodge Avenger mid-size sedan, the Dodge Challenger muscle car, and the Dodge Journey full-size crossover each set a sales record for the month of June. Rounding out the month’s pacesetters, the Chrysler 200 mid-size sedan set a sales record for the month of June.

    Also contributing to Chrysler Group’s 20 percent increase was the Chrysler 300 flagship sedan with a convincing 179 percent gain. The Chrysler Town & Country minivan and Jeep Grand Cherokee each logged sales increases of more than 30 percent while the Ram pickup truck, with its 12 percent increase, recorded its 26th-consecutive month of year-over-year sales gains and best June since 2007.

    Chrysler Group finished the month with a 67-days supply of inventory (358,260 units). U.S. industry sales figures for June are projected at an estimated 14.4 million units Seasonally Adjusted Annual Rate (SAAR).

    June 2012 U.S. Sales Highlights by Brand

    FIAT Brand

    The FIAT brand continued its record-setting pace in June with another monthly sales record. The brand has now strung together five-consecutive months of record-setting monthly sales. FIAT brand sales were up 122 percent in June compared with the same month a year ago, the largest year-over-year sales gain of any Chrysler Group brand. FIAT brand sales (20,706 units) in the first half of this year have already surpassed sales during all of 2011. Sales of the Fiat 500 began in the U.S. in March last year.

    The Fiat 500 took home two awards in June. The Fiat 500 Cabrio by Gucci won “Best Small Convertible of the Year” at the “Topless in Miami” convertible event held last month by the Southern Automotive Media Association (SAMA). More than 60 journalists attended this annual event. Kelley Blue Book’s kbb.com editors named the Fiat 500 as one of their “10 Coolest New Cars Under $18,000.”

    Chrysler Brand

    Chrysler brand sales were up 63 percent in June, the brand’s best June sales in four years and 12th-consecutive month of year-over-year sales gains. All three Chrysler models contributed to the brand’s sound sales performance led by the Chrysler 300’s 179 percent increase, the flagship sedan’s best June sales since 2007. The Chrysler 300’s triple-digit sales gain was the largest percentage increase of any Chrysler Group model in June. Sales of the Chrysler 200 mid-size sedan, the brand’s volume leader for the month, and the Chrysler Town & Country minivan each turned in double-digit sales increases in June. The 200 set a sales record for the month of June. The Chrysler 300 SRT8 last month made Robb Report’s “Best of the Best: 2012” list in the sedan category.

    Jeep® Brand

    Jeep brand sales were up 23 percent, the brand’s best June sales since 2007, and its 26th-consecutive month of year-over-year sales gains. The Jeep Wrangler continued its torrid sales pace setting a monthly sales record in June, the third time during the last 12 months that this iconic SUV has established an all-time sales record. Sales of the Jeep Grand Cherokee, the most awarded SUV ever, were up 39 percent, its best June sales since 2005. Jeep Liberty sales increased a healthy 50 percent, the mid-size SUV’s best June sales since 2007 and best sales month this year.

    The international luxury lifestyle magazine Robb Report recently selected the Jeep Grand Cherokee SRT8 as one of the top performers in its annual “Car of the Year” competition, ranking the high-performance SUV at number nine amongst new vehicles from around the world. The Grand Cherokee SRT8 also was chosen by the magazine for the “Best of the Best: 2012” list in the SUV category. Robb Report readers were among the judges who joined the magazine’s editors and writers in driving, evaluating and ranking the “Car of the Year” and “Best of the Best” vehicles based on interior design, layout, amenities and luxury features.

    Ram Truck Brand

    The Ram pickup truck, Chrysler Group’s volume leader, continued on its sales roll with a 12 percent increase in June compared with the same month a year ago. It was the pickup truck’s 26th-consecutive month of year-over-year sales gains and its best June since 2007. The Ram 1500 pickup led the way with an 18 percent increase. Of the Ram 1500 sales, the regular cab pickups posted the largest percentage sales increase in June, while the quad cab trucks led in volume. The highly-versatile Ram Cargo Van, designed for small businesses and commercial fleets, posted a 272 percent increase in June compared with sales in the previous month of May. The Ram Truck brand posted its best June sales since 2007.

    Dodge Brand

    Dodge brand sales increased 2 percent in June, the brand’s best June sales since 2007 and its 13th-consecutive month of year-over-year sales growth. Dodge dealers in June began selling the first of the all-new 2013 Dodge Dart compact cars to arrive at their dealerships. Kelley Blue Book’s kbb.com placed the Dart at the top of its list of the “10 Coolest New Cars Under $18,000.” The Dart, the first Chrysler Group vehicle built on FIAT architecture, blends Alfa Romeo DNA with Dodge’s passion for performance and style, resulting in a groundbreaking vehicle that delivers features and benefits never before found in a compact car, all starting at $15,995 while offering up to 41 mpg highway.

    Three Dodge vehicles – the Avenger, Challenger, and Journey – set sales records for the month of June. Sales of the Avenger mid-size sedan were up 68 percent, the largest year-over-year percentage sales increase of any Dodge model in June. The Dodge Journey full-size crossover turned in a robust sales performance as well. Journey sales were up 49 percent compared to the same month a year ago.

    Edmunds.com and Parents magazine have selected the 2012 Dodge Durango among the “Best Family Cars of 2012.” This marks the 10th industry award for the Durango, including “Top Safety Pick” by the Insurance Institute for Highway Safety (IIHS) and “Full-size SUV of Texas” by the Texas Auto Writers Association (TAWA).

    Chrysler Group LLC U.S. Sales Summary Thru June 2012

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      Month Sales
    Vol %
          Sales CYTD
    Vol %
     
    Model
    Curr Yr
    Pr Yr
    Change
    Curr Yr
    Pr Yr
    Change
    500
    4,004
    1,803
    122%
    20,706
    4,944
    319%
    FIAT BRAND
    4,004
    1,803
    122%
    20,706
    4,944
    319%
    200
    10,871
    7,219
    51%
    69,102
    32,471
    113%
    Sebring
    0
    0
     
    0
    2,380
    -100%
    300
    6,971
    2,500
    179%
    40,801
    13,681
    198%
    PT Cruiser
    0
    0
     
    0
    1,328
    -100%
    Town & Country
    9,021
    6,810
    32%
    57,851
    46,208
    25%
    CHRYSLER BRAND
    26,863
    16,529
    63%
    167,754
    96,068
    75%
    Compass
    4,070
    4,763
    -15%
    20,513
    20,761
    -1%
    Patriot
    5,590
    5,840
    -4%
    32,707
    29,153
    12%
    Wrangler
    14,461
    11,290
    28%
    70,871
    53,236
    33%
    Liberty
    7,892
    5,252
    50%
    42,339
    31,300
    35%
    Grand Cherokee
    12,506
    8,969
    39%
    75,117
    54,370
    38%
    Commander
    0
    0
     
    0
    104
    -100%
    JEEP BRAND
    44,519
    36,114
    23%
    241,547
    188,924
    28%
    Caliber
    995
    3,929
    -75%
    8,982
    21,505
    -58%
    Dart
    202
    0
    New
    202
    0
    New
    Avenger
    9,404
    5,605
    68%
    52,862
    30,473
    73%
    Charger
    8,532
    7,215
    18%
    45,763
    37,841
    21%
    Challenger
    4,009
    3,384
    18%
    23,451
    20,161
    16%
    Viper
    0
    4
    -100%
    20
    114
    -82%
    Journey
    6,896
    4,621
    49%
    36,751
    27,105
    36%
    Caravan
    10,901
    10,822
    1%
    68,964
    56,970
    21%
    Nitro
    81
    1,994
    -96%
    3,137
    12,158
    -74%
    Durango
    3,295
    5,827
    -43%
    21,446
    23,571
    -9%
    DODGE  BRAND
    44,315
    43,401
    2%
    261,578
    229,898
    14%
    Dakota
    18
    1,185
    -98%
    459
    8,200
    -94%
    Ram P/U
    23,951
    21,362
    12%
    138,581
    111,898
    24%
    Cargo Van
    1,141
    0
    New
    3,443
    0
    New
    RAM BRAND
    25,110
    22,547
    11%
    142,483
    120,098
    19%
                 
    TOTAL CHRYSLER GROUP LLC
    144,811
    120,394
    20%
    834,068
    639,932
    30%
                 
              TOTAL CAR
    44,988
    31,659
    42%
    261,889
    163,570
    60%
              TOTAL TRUCK
    99,823
    88,735
    12%
    572,179
    476,362
    20

     

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    It's clearer than ever what people want in a Jeep. Company management had better be listening. Liberty sales surprise me. Not that it's a bad product, but that it is not new... if the Pentastar and 8 speed were in the Liberty now, it would really be going like hotcakes, imo. I mean, just look what the new engine has done for the Wrangler, BOOM!

    Although Patriot sales cooled last month, it warms my heart that even with all the corporate emphasis on its ugly sister the Compass, my favorite miniature Jeep still handily outsells it. I'd like to think it's based on looks, not just price.

    Dart needs to be in customers hands like YESTERDAY. Fantastic number of variations available should make this a solid hit, not to mention all the positive reviews so far. I just hope the car is bulletproof.

    Glad to see the Avenger/200 doing well, even though "doing well" is a relative term for these cars, when one looks at sales figures for the real heavy hitters in their segment.

    Wish Dodge Ram had a genuine, BOF compact pickup truck with a Fiat diesel in it. Happy to see business people are paying attention to the Caravan C/V, as I think it's a better product for the money v. the Transit Connect, if they are compared side by side.

    Edited by ocnblu
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    I wonder how much of the Liberty sales are going to fleet. They're all over the National/Alamo lots now.

    And I hope you guys will pardon me with the sales charts. They aren't posting the way they are supposed to, so it is taking longer for me to get the sales information posted.

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    give Chrysler props. lipstick on pig / silk purse / lemons out of lemonade.

    Really, good job for what they had.

    Agreed, and I think good things are coming in the future from them!

    New Dart looks fantastic...should be a hit for them

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    • By William Maley
      It is now official. This morning, PSA Group has agreed to buy Opel and Vauxhall from General Motors for 2.2 billion euros (about $2.3 billion). The deal is comprised of a 1.8 billion euros ($1.9 billion) payment for Opel and Vauxhall, along with a stake in Opel's financing arm. This makes PSA Group the second-largest automaker in Europe.
      “It gives us the opportunity to become a real European champion. Our plan is to build a common future for Opel and Vauxhall and fix the existing issues,” said PSA Chief Executive Officer Carlos Tavares.
      Those existing issues include Opel and Vauxhall never breaking even for GM. Over the past two decades, Opel and Vauxhall have lost almost $20 billion. In 2016, the division was projected to break even, but the complications of Great Britain leaving the EU meant they posted a loss of $257 million.
      "The way I look at this is positioning Opel-Vauxhall to be incredibly successful in the future," said GM CEO Mary Barra when asked by a reporter if she was relieved about the sale of Opel and Vauxhall. 
      "General Motors doesn't have to be relieved. They can be proud of giving Opel-Vauxhall a better future," said Tavares.
      PSA Group is aiming to make Opel and Vauxhall profitable once again, with operating profit targets of 2 percent in 2020 and 6 percent by 2026. These targets will be reached by joint cost savings of 1.7 billion euros (about $1.8 billion) by spreading the costs of developing new vehicles and sharing purchasing costs.
      General Motors won't be fully cutting its ties with Opel and Vauxhall for the time being. GM has allowed PSA Group to license technology rights to keep selling current models (including the upcoming Insignia) until they transition onto PSA platforms. According to Reuters, the next-generation Opel/Vauxhall Corsa will be the first PSA developed model. GM will also collaborate with PSA on various projects such as hydrogen fuel cells. Finally, GM will pay PSA 3 billion euros ($3.18 billion) to settle transferred pension obligations.
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      “We don’t need to shut down plants,” said Tavares.
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      Finally, there is the question about PSA Group's plans to re-enter the U.S. How does the purchase of Opel and Vauxhall affect their plans?
      Source: Bloomberg, Reuters, Automotive News (Subscription Required), General Motors, PSA Group
      Press Release is on Page 2


      Opel/Vauxhall to join PSA Group
      Establishes PSA Group as #2 in Europe. This strong and balanced presence in its home markets will serve as the basis of profitable growth worldwide Joint venture in auto financing with BNP Paribas to support development of Opel/Vauxhall brands €2.2 Bn transaction advances GM’s transformation and unlocks shareholder value through disciplined capital allocation Detroit and Paris – General Motors Co. (NYSE:GM) and PSA Group (Paris:UG) today announced an agreement under which GM’s Opel/Vauxhall subsidiary and GM Financial’s European operations will join the PSA Group in a transaction valuing these activities at €1.3 Bn and €0.9 Bn, respectively.
      With the addition of Opel/Vauxhall, which generated revenue of €17.7 Bn in 20161, PSA will become the second-largest automotive company in Europe, with a 17% market share2.
      Creates sound European foundation for PSA to support its worldwide profitable growth
      “We are proud to join forces with Opel/Vauxhall and are deeply committed to continuing to develop this great company and accelerating its turnaround,” said Carlos Tavares, chairman of the Managing Board of PSA. “We respect all that Opel/Vauxhall’s talented people have achieved as well as the company’s fine brands and strong heritage. We intend to manage PSA and Opel/Vauxhall capitalizing on their respective brand identities. Having already created together winning products for the European market, we know that Opel/Vauxhall is the right partner. We see this as a natural extension of our relationship and are eager to take it to the next level.”
      “We are confident that the Opel/Vauxhall turnaround will significantly accelerate with our support, while respecting the commitments made by GM to the Opel/Vauxhall employees,” continued Mr. Tavares.
      Advances GM’s Transformation and Unlocks Value
      “We are very pleased that together, GM, our valued colleagues at Opel/Vauxhall and PSA have created a new opportunity to enhance the long-term performance of our respective companies by building on the success of our prior alliance”, said Mary T. Barra, GM chairman and chief executive officer.
      “For GM, this represents another major step in the ongoing work that is driving our improved performance and accelerating our momentum. We are reshaping our company and delivering consistent, record results for our owners through disciplined capital allocation to our higher-return investments in our core automotive business and in new technologies that are enabling us to lead the future of personal mobility.
      “We believe this new chapter puts Opel and Vauxhall in an even stronger position for the long term and we look forward to our participation in the future success and strong value-creation potential of PSA through our economic interest and continued collaboration on current and exciting new projects,” Ms. Barra concluded.
      Strengthens Each Company for the Long Term
      The transaction will allow substantial economies of scale and synergies in purchasing, manufacturing and R&D. Annual synergies of €1.7 Bn are expected by 2026 – of which a significant part is expected to be delivered by 2020, accelerating Opel/Vauxhall’s turnaround. Leveraging the successful partnership with GM, PSA expects Opel/Vauxhall to reach a recurring operating margin3 of 2% by 2020 and 6% by 2026, and to generate a positive operational free cash flow4 by 2020.
      PSA, together with BNP Paribas, will also acquire all of GM Financial’s European operations through a newly formed 50%/50% joint venture that will retain GM Financial’s current European platform and team. This joint venture will be fully consolidated by BNP Paribas and accounted under the equity method by PSA.
      The transaction is another step in GM’s ongoing work to transform the company, which has delivered three years of record performance and a strong 2017 outlook, and returned significant capital to shareholders. It will strengthen GM’s core business, support its continued deployment of resources to higher-return opportunities including in advanced technologies driving the future, and unlock significant value for shareholders.
      By immediately improving EBIT-adjusted, EBIT-adjusted margins and adjusted automotive free cash flow and de-risking the balance sheet, the transaction will enable GM to lower the cash balance requirement under its capital allocation framework by $2 Bn, which it intends to use to accelerate share repurchases, subject to market conditions.
      GM will also participate in the future success of the combined entity through its ownership of warrants to purchase shares of PSA. GM and PSA also expect to collaborate in the further deployment of electrification technologies and existing supply agreements for Holden and certain Buick models will continue, and PSA may potentially source long-term supply of fuel cell systems from the GM/Honda joint venture.
      Additional Information
      Terms of the Agreement
      Opel/Vauxhall automotive operations will be acquired by PSA for €1.3 Bn. GM Financial’s European operations will be jointly acquired by PSA and BNP Paribas for 0.8 times their pro forma book value at the closing of the transaction, or approximately €0.9 Bn.
      The transaction has a total value of €2.2 Bn, for Opel/Vauxhall automotive operations and 100% of GM Financial’s European operations.
      The transaction value for PSA, including Opel/Vauxhall and 50% of GM Financial’s European operations, will be €1.8 Bn.
      In connection with this transaction, GM or its affiliates will subscribe warrants for €0.65 Bn. These warrants have a nine-year maturity and are exercisable at any time in whole or in part commencing 5 years after the issue date, with a strike price of €1. Based on a reference price of €17.34 for the PSA share5 , the warrants correspond to 39.7 MM shares of PSA, or 4.2% of its fully diluted share capital6. GM will not have governance or voting rights with respect to PSA and has agreed to sell the PSA shares received upon exercise of the warrants within 35 days after exercise.
      The transaction includes all of Opel/Vauxhall’s automotive operations, comprising Opel and Vauxhall brands, six assembly and five component-manufacturing facilities, one engineering center (Rüsselsheim) and approximately 40,000 employees. GM will retain the engineering center in Torino, Italy.
      Opel/Vauxhall will also continue to benefit from intellectual property licenses from GM until its vehicles progressively convert to PSA platforms over the coming years.
      In connection with the transaction, GM will take a primarily non-cash special charge of $4.0-4.5 Bn.
      Ongoing Pension Fund Commitments
      All of Opel/Vauxhall’s European and U.K. pension plans, funded and unfunded, with the exception of the German Actives Plan and selected smaller plans will remain with GM. The obligations with respect to the German Actives Plan and these smaller plans of Opel/Vauxhall will be transferred to PSA. GM will pay PSA €3.0 Bn for full settlement of transferred pension obligations.
      Closing Conditions
      The transaction is subject to various closing conditions, including regulatory approvals and reorganizations, and is expected to close before the end of 2017.
      Warrants
      The issuance of the warrants is subject to the vote of shareholders at PSA’s General Meeting of May 10th, 2017. The three main shareholders of PSA (the French State, the Peugeot family and DongFeng) representing in aggregate 36.6% of the share capital and 51.5%7 of the voting rights of PSA have undertaken to vote in favor of the resolution related to the issuance of the warrants to GM. In the event the warrant issuance reserved to GM and its affiliates is not approved by PSA’s General Meeting, PSA will settle the €0.65 Bn in cash over five years.
    • By William Maley
      Maserati North America, Inc. - Up 49% (1,087 Vehicles Sold This Month, 26,942 Vehicles Sold This Year)
      Mitsubishi Motors North America - Up 38.8% (10,924 Vehicles Sold This Month, 17,381 Vehicles Sold This Year)
      Audi of America - Up 17.3% (9,102 Vehicles Sold This Month, 26,942 Vehicles Sold This Year)
      Jaguar Land Rover North America - Up 16.4% (9,231 Vehicles Sold This Month, 18,333 Vehicles Sold This Year)
      Volkswagen of America - Up 12.65% (25,145 Vehicles Sold This Month, 48,655 Vehicles Sold This Year)
      Subaru of America, Inc. - Up 8.3% (45,500 Vehicles Sold This Month, 89,379 Vehicles Sold This Year)
      Mercedes-Benz USA - Up 6.8% (27,383 Vehicles Sold This Month, 55,283 Vehicles Sold This Year)
      Mazda North American Operations - Up 5.9% (22,824 Vehicles Sold This Month, 44,522 Vehicles Sold This Year)
      General Motors Co. - Up 4.2% (237,388 Vehicles Sold This Month, 433,297 Vehicles Sold This Year)
      Nissan North America - Up 3.7% (135,740 Vehicles Sold This Month, 248,059 Vehicles Sold This Year)
      American Honda Motor Co. - Up 2.3% (121,686 Vehicles Sold This Month, 228,066 Vehicles Sold This Year)
      Porsche Cars North America, Inc. - Up 2.1% (3,637 Vehicles Sold This Month, 8,239 Vehicles Sold This Year)
      BMW Group U.S. - Down 2.5% (208,440 Vehicles Sold This Month, 381,052 Vehicles Sold This Year)
      Ford Motor Company - Down 4% (208,440 Vehicles Sold This Month, 381,052 Vehicles Sold This Year)
      Toyota Motor North America - Down 7.2% (174,339 Vehicles Sold This Month, 317,387 Vehicles Sold This Year)
      FCA US LLC - Down 10% (168,326 Vehicles Sold This Month, 320,544 Vehicles Sold This Year)
      Volvo Cars of North America, LLC - Down 11.6% (4,651 Vehicles Sold This Month, 8,123 Vehicles Sold This Year)
      Kia Motors America - Down 14.2% (42,673 Vehicles Sold This Month, 78,299 Vehicles Sold This Year)

      Hyundai Motor America - 

      Brands:
      Acura - Down 14.9% (10,864 Vehicles Sold This Month, 20,066 Vehicles Sold This Year)
      Alfa Romeo - Up 843% (443 Vehicles Sold This Month, 551 Vehicles Sold This Year)
      Audi - Up 17.3% (9,102 Vehicles Sold This Month, 26,942 Vehicles Sold This Year)
      BMW - Up 0.3% (22,558 Vehicles Sold This Month, 40,667 Vehicles Sold This Year)
      Buick - Down 9.4% (16,131 Vehicles Sold This Month, 29,248 Vehicles Sold This Year)
      Cadillac - Down 8.6% (10,823 Vehicles Sold This Month, 21,121 Vehicles Sold This Year)
      Chevrolet - Up 3.4% (164,095 Vehicles Sold This Month, 299,265 Vehicles Sold This Year)
      Chrysler - Down 28% (16,730 Vehicles Sold This Month, 30,107 Vehicles Sold This Year)
      Dodge - Down 7% (43,878 Vehicles Sold This Month, 83,987 Vehicles Sold This Year)
      Fiat - Down 19% (2,145 Vehicles Sold This Month, 4,309 Vehicles Sold This Year)
      Ford - Down 4.5% (199,696 Vehicles Sold This Month, 363,523 Vehicles Sold This Year)
      Genesis - 
      GMC - Up 17.2% (46,339 Vehicles Sold This Month, 83,663 Vehicles Sold This Year)
      Honda - Up 4.3% (110,822 Vehicles Sold This Month, 208,000 Vehicles Sold This Year)
      Hyundai - 
      Infiniti - Up 32.5% (13,737 Vehicles Sold This Month, 25,295 Vehicles Sold This Year)
      Jaguar - Up 130.4% (3,484 Vehicles Sold This Month, 6,423 Vehicles Sold This Year)
      Jeep - Down 15% (62,345 Vehicles Sold This Month, 120,760 Vehicles Sold This Year)
      Kia - Down 14.2% (42,673 Vehicles Sold This Month, 78,299 Vehicles Sold This Year)
      Land Rover - Down 10.4% (5,747 Vehicles Sold This Month, 11,910 Vehicles Sold This Year)
      Lexus - Down 20.6% (18,338 Vehicles Sold This Month, 33.910 Vehicles Sold This Year)
      Lincoln - Up 8.8% (8,744 Vehicles Sold This Month, 17,529 Vehicles Sold This Year)
      Maserati - Up 49% (1,087 Vehicles Sold This Month, 26,942 Vehicles Sold This Year)
      Mazda - Up 5.9% (22,824 Vehicles Sold This Month, 44,522 Vehicles Sold This Year)
      Mercedes-Benz - Up 6.9% (24,522 Vehicles Sold This Month, 50,049 Vehicles Sold This Year)
      Mercedes-Benz Vans - Up 10.8% (2,513 Vehicles Sold This Month, 4,562 Vehicles Sold This Year)
      MINI - Down 24.1% (2,154 Vehicles Sold This Month, 5,264 Vehicles Sold This Year)
      Mitsubishi - Up 38.8% (10,924 Vehicles Sold This Month, 17,381 Vehicles Sold This Year)
      Nissan - Up 1.2% (122,003 Vehicles Sold This Month, 222,764 Vehicles Sold This Year)
      Porsche - Up 2.1% (3,637 Vehicles Sold This Month, 8,239 Vehicles Sold This Year)
      Ram Trucks - Up 4% (42,785 Vehicles Sold This Month, 80,830 Vehicles Sold This Year)
      Smart - Down 17.5% (348 Vehicles Sold This Month, 672 Vehicles Sold This Year)
      Subaru - Up 8.3% (45,500 Vehicles Sold This Month, 89,379 Vehicles Sold This Year)
      Toyota - Up 5.4% (156,001 Vehicles Sold This Month, 283,447 Vehicles Sold This Year)
      Volkswagen - Up 12.65% (25,145 Vehicles Sold This Month, 48,655 Vehicles Sold This Year)
      Volvo - Down 11.6% (4,651 Vehicles Sold This Month, 8,123 Vehicles Sold This Year)

      View full article
    • By William Maley
      Maserati North America, Inc. - Up 49% (1,087 Vehicles Sold This Month, 26,942 Vehicles Sold This Year)
      Mitsubishi Motors North America - Up 38.8% (10,924 Vehicles Sold This Month, 17,381 Vehicles Sold This Year)
      Audi of America - Up 17.3% (9,102 Vehicles Sold This Month, 26,942 Vehicles Sold This Year)
      Jaguar Land Rover North America - Up 16.4% (9,231 Vehicles Sold This Month, 18,333 Vehicles Sold This Year)
      Volkswagen of America - Up 12.65% (25,145 Vehicles Sold This Month, 48,655 Vehicles Sold This Year)
      Subaru of America, Inc. - Up 8.3% (45,500 Vehicles Sold This Month, 89,379 Vehicles Sold This Year)
      Mercedes-Benz USA - Up 6.8% (27,383 Vehicles Sold This Month, 55,283 Vehicles Sold This Year)
      Mazda North American Operations - Up 5.9% (22,824 Vehicles Sold This Month, 44,522 Vehicles Sold This Year)
      General Motors Co. - Up 4.2% (237,388 Vehicles Sold This Month, 433,297 Vehicles Sold This Year)
      Nissan North America - Up 3.7% (135,740 Vehicles Sold This Month, 248,059 Vehicles Sold This Year)
      American Honda Motor Co. - Up 2.3% (121,686 Vehicles Sold This Month, 228,066 Vehicles Sold This Year)
      Porsche Cars North America, Inc. - Up 2.1% (3,637 Vehicles Sold This Month, 8,239 Vehicles Sold This Year)
      BMW Group U.S. - Down 2.5% (208,440 Vehicles Sold This Month, 381,052 Vehicles Sold This Year)
      Ford Motor Company - Down 4% (208,440 Vehicles Sold This Month, 381,052 Vehicles Sold This Year)
      Toyota Motor North America - Down 7.2% (174,339 Vehicles Sold This Month, 317,387 Vehicles Sold This Year)
      FCA US LLC - Down 10% (168,326 Vehicles Sold This Month, 320,544 Vehicles Sold This Year)
      Volvo Cars of North America, LLC - Down 11.6% (4,651 Vehicles Sold This Month, 8,123 Vehicles Sold This Year)
      Kia Motors America - Down 14.2% (42,673 Vehicles Sold This Month, 78,299 Vehicles Sold This Year)

      Hyundai Motor America - 

      Brands:
      Acura - Down 14.9% (10,864 Vehicles Sold This Month, 20,066 Vehicles Sold This Year)
      Alfa Romeo - Up 843% (443 Vehicles Sold This Month, 551 Vehicles Sold This Year)
      Audi - Up 17.3% (9,102 Vehicles Sold This Month, 26,942 Vehicles Sold This Year)
      BMW - Up 0.3% (22,558 Vehicles Sold This Month, 40,667 Vehicles Sold This Year)
      Buick - Down 9.4% (16,131 Vehicles Sold This Month, 29,248 Vehicles Sold This Year)
      Cadillac - Down 8.6% (10,823 Vehicles Sold This Month, 21,121 Vehicles Sold This Year)
      Chevrolet - Up 3.4% (164,095 Vehicles Sold This Month, 299,265 Vehicles Sold This Year)
      Chrysler - Down 28% (16,730 Vehicles Sold This Month, 30,107 Vehicles Sold This Year)
      Dodge - Down 7% (43,878 Vehicles Sold This Month, 83,987 Vehicles Sold This Year)
      Fiat - Down 19% (2,145 Vehicles Sold This Month, 4,309 Vehicles Sold This Year)
      Ford - Down 4.5% (199,696 Vehicles Sold This Month, 363,523 Vehicles Sold This Year)
      Genesis - 
      GMC - Up 17.2% (46,339 Vehicles Sold This Month, 83,663 Vehicles Sold This Year)
      Honda - Up 4.3% (110,822 Vehicles Sold This Month, 208,000 Vehicles Sold This Year)
      Hyundai - 
      Infiniti - Up 32.5% (13,737 Vehicles Sold This Month, 25,295 Vehicles Sold This Year)
      Jaguar - Up 130.4% (3,484 Vehicles Sold This Month, 6,423 Vehicles Sold This Year)
      Jeep - Down 15% (62,345 Vehicles Sold This Month, 120,760 Vehicles Sold This Year)
      Kia - Down 14.2% (42,673 Vehicles Sold This Month, 78,299 Vehicles Sold This Year)
      Land Rover - Down 10.4% (5,747 Vehicles Sold This Month, 11,910 Vehicles Sold This Year)
      Lexus - Down 20.6% (18,338 Vehicles Sold This Month, 33.910 Vehicles Sold This Year)
      Lincoln - Up 8.8% (8,744 Vehicles Sold This Month, 17,529 Vehicles Sold This Year)
      Maserati - Up 49% (1,087 Vehicles Sold This Month, 26,942 Vehicles Sold This Year)
      Mazda - Up 5.9% (22,824 Vehicles Sold This Month, 44,522 Vehicles Sold This Year)
      Mercedes-Benz - Up 6.9% (24,522 Vehicles Sold This Month, 50,049 Vehicles Sold This Year)
      Mercedes-Benz Vans - Up 10.8% (2,513 Vehicles Sold This Month, 4,562 Vehicles Sold This Year)
      MINI - Down 24.1% (2,154 Vehicles Sold This Month, 5,264 Vehicles Sold This Year)
      Mitsubishi - Up 38.8% (10,924 Vehicles Sold This Month, 17,381 Vehicles Sold This Year)
      Nissan - Up 1.2% (122,003 Vehicles Sold This Month, 222,764 Vehicles Sold This Year)
      Porsche - Up 2.1% (3,637 Vehicles Sold This Month, 8,239 Vehicles Sold This Year)
      Ram Trucks - Up 4% (42,785 Vehicles Sold This Month, 80,830 Vehicles Sold This Year)
      Smart - Down 17.5% (348 Vehicles Sold This Month, 672 Vehicles Sold This Year)
      Subaru - Up 8.3% (45,500 Vehicles Sold This Month, 89,379 Vehicles Sold This Year)
      Toyota - Up 5.4% (156,001 Vehicles Sold This Month, 283,447 Vehicles Sold This Year)
      Volkswagen - Up 12.65% (25,145 Vehicles Sold This Month, 48,655 Vehicles Sold This Year)
      Volvo - Down 11.6% (4,651 Vehicles Sold This Month, 8,123 Vehicles Sold This Year)
    • By William Maley
      February Brings More Sales Records for American Honda
      American Honda continues record pace in February for total vehicle and truck sales Honda CR-V raises the bar again, breaking February record with a 26.3 percent jump Honda HR-V also nets a February record, gaining 28.6 percent Acura RDX has its best-ever February, rising 6.1 percent as it continues to pace division TORRANCE, Calif., March 1, 2017 /PRNewswire/ -- American Honda Motor Co., Inc. today reported total February sales of 121,686 Honda and Acura vehicles, an increase of 2.3 percent over February 2016 and a new record for the month. American Honda trucks also set a February record, rising 12.2 percent on sales of 63,989. Total Honda Division sales as well as Honda truck sales also set new February marks, with total Honda Division sales gaining 4.3 percent on sales of 110,822 and trucks up 15.3 percent on sales of 56,419 units. Acura Division sales were down 14.9 percent, with 10,864 vehicles sold in February.
      Honda
      The Honda Division continued its record sales streak into the second month of the year, gaining 4.3 percent on sales of 110.882 units to set a new February benchmark. CR-V and HR-V repeated strong January performances, driving Honda trucks to a February record as well. The Fit also gained in February while Civic and Accord held their own in a market tilting toward trucks.
      Honda trucks set a new benchmark in February, gaining 15.3 percent on sales of 56,419. CR-V and HR-V drove truck sales, both setting new February marks; CR-V sales were up 26.3 percent on sales of 31,898, and HR-V up 28.6 percent with 6,354 units sold. Accord and Civic continue to swim against the tide, with sales cresting 23,000 and 27,000 units, respectively. "The new CR-V is exceeding our own expectations with production and deliveries now fully up to speed," said Jeff Conrad, senior vice president and general manager of the Honda Division. "It's clearly hitting a sweet spot in the market and complemented by HR-V at the entry level."
      Acura
      Acura sales continued recent trends, with the RDX enjoying its best-ever February. NSX also remained steady, showing no signs of the winter doldrums that can affect ultra-performance cars. And after a strong first outing at Daytona in January, the NSX GT3 racecar goes to the legendary 12 Hours of Sebring in search of endurance racing glory later this month. 
      Acura's popular RDX set a new February record, gaining 6.1 percent on sales of 4,029 vehicles. Continuing a steady production and sales pace, 46 NSX supercars were sold in February.   American Honda Vehicle Sales for February 2017
            Month-to-Date
      Year-to-Date
            February
      2017
      February
      2016
      DSR** %
      Change
      MoM %
      Change
      February
      2017
      February
      2016
      DSR** %
      Change
      YoY %
      Change
          American Honda Total
      121,686
      118,985
      2.3%
      2.3%
      228,066
      219,482
      3.9%
      3.9%
          Total Car Sales
      57,697
      61,950
      -6.9%
      -6.9%
      106,264
      116,332
      -8.7%
      -8.7%
          Total Truck Sales
      63,989
      57,035
      12.2%
      12.2%
      121,802
      103,150
      18.1%
      18.1%
            Honda Total Car Sales
      54,403
      57,267
      -5.0%
      -5.0%
      100,244
      108,079
      -7.2%
      -7.2%
            Honda Total Truck Sales
      56,419
      48,945
      15.3%
      15.3%
      107,756
      88,380
      21.9%
      21.9%
              Acura Total Car Sales
      3,294
      4,683
      -29.7%
      -29.7%
      6,020
      8,253
      -27.1%
      -27.1%
              Acura Total Truck Sales
      7,570
      8,090
      -6.4%
      -6.4%
      14,046
      14,770
      -4.9%
      -4.9%
          Total Domestic Car Sales
      46,581
      58,489
      -20.4%
      -20.4%
      85,936
      109,939
      -21.8%
      -21.8%
            Honda Division
      43,390
      53,909
      -19.5%
      -19.5%
      80,099
      101,887
      -21.4%
      -21.4%
            Acura Division
      3,191
      4,580
      -30.3%
      -30.3%
      5,837
      8,052
      -27.5%
      -27.5%
          Total Domestic Truck Sales
      63,989
      57,035
      12.2%
      12.2%
      121,802
      103,150
      18.1%
      18.1%
            Honda Division
      56,419
      48,945
      15.3%
      15.3%
      107,756
      88,380
      21.9%
      21.9%
            Acura Division
      7,570
      8,090
      -6.4%
      -6.4%
      14,046
      14,770
      -4.9%
      -4.9%
          Total Import Car Sales
      11,116
      3,461
      221.2%
      221.2%
      20,328
      6,393
      218.0%
      218.0%
            Honda Division
      11,013
      3,358
      228.0%
      228.0%
      20,145
      6,192
      225.3%
      225.3%
            Acura Division
      103
      103
      0.0%
      0.0%
      183
      201
      -9.0%
      -9.0%
          Total Import Truck Sales
      0
      0
      0.0%
      0.0%
      0
      0
      0.0%
      0.0%
            Honda Division
      0
      0
      0.0%
      0.0%
      0
      0
      0.0%
      0.0%
            Acura Division
      0
      0
      0.0%
      0.0%
      0
      0
      0.0%
      0.0%
           MODEL BREAKOUT BY DIVISION
                    Honda Division Total
      110,822
      106,212
      4.3%
      4.3%
      208,000
      196,459
      5.9%
      5.9%
            * ACCORD
      23,455
      25,785
      -9.0%
      -9.0%
      42,991
      46,550
      -7.6%
      -7.6%
            * CIVIC
      27,039
      27,707
      -2.4%
      -2.4%
      50,134
      54,448
      -7.9%
      -7.9%
            CLARITY FCV
      27
      0
      0.0%
      0.0%
      69
      0
      0.0%
      0.0%
            CR-Z
      118
      128
      -7.8%
      -7.8%
      207
      320
      -35.3%
      -35.3%
            * FIT
      3,764
      3,647
      3.2%
      3.2%
      6,842
      6,742
      1.5%
      1.5%
            INSIGHT
      0
      0
      0.0%
      0.0%
      1
      19
      -94.7%
      -94.7%
                                      CROSSTOUR
      3
      190
      -98.4%
      -98.4%
      3
      456
      -99.3%
      -99.3%
            * CR-V
      31,898
      25,250
      26.3%
      26.3%
      61,185
      44,458
      37.6%
      37.6%
            HR-V
      6,354
      4,940
      28.6%
      28.6%
      12,043
      9,117
      32.1%
      32.1%
            ODYSSEY
      6,800
      8,994
      -24.4%
      -24.4%
      13,300
      16,215
      -18.0%
      -18.0%
            PILOT
      8,099
      9,572
      -15.4%
      -15.4%
      15,279
      18,133
      -15.7%
      -15.7%
            RIDGELINE
      3,265
      -1
      -326,600.0%
      -326,600.0%
      5,946
      1
      594,500.0%
      594,500.0%
                                      ***    Memo: Accord FHEV
      1,867
      68
      2,645.6%
      2,645.6%
      3,578
      139
      2,474.1%
      2,474.1%
                    Memo: Civic Hybrid
      8
      143
      -94.4%
      -94.4%
      24
      304
      -92.1%
      -92.1%
          Acura Division Total
      10,864
      12,773
      -14.9%
      -14.9%
      20,066
      23,023
      -12.8%
      -12.8%
            ILX
      739
      1,500
      -50.7%
      -50.7%
      1,432
      2,733
      -47.6%
      -47.6%
            NSX
      46
      0
      0.0%
      0.0%
      96
      0
      0.0%
      0.0%
            RLX / RL
      103
      103
      0.0%
      0.0%
      183
      201
      -9.0%
      -9.0%
            TLX
      2,406
      3,080
      -21.9%
      -21.9%
      4,309
      5,319
      -19.0%
      -19.0%
                                      MDX
      3,541
      4,292
      -17.5%
      -17.5%
      6,815
      7,868
      -13.4%
      -13.4%
            RDX
      4,029
      3,798
      6.1%
      6.1%
      7,231
      6,902
      4.8%
      4.8%
                                      ***   Memo: RLX Hybrid
      27
      12
      125.0%
      125.0%
      38
      30
      26.7%
      26.7%
          Selling Days
      24
      24
          48
      48
                **** Hybrid
      2,066
      351
      488.6%
      488.6%
      3,944
      812
      385.7%
      385.7%
                *    Honda and Acura vehicles are made of domestic & global sourced parts
          **   Daily Selling Rate
          ***  Memo line items are included in the respective model total
          **** Hybrid includes FHEV, PHEV, CR-Z, Civic Hybrid, Insight, ILX Hybrid, RLX Hybrid, RLX Sport Hybrid, MDX Sport Hybrid and NSX
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