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William Maley

Sales: Sales Figure Ticker: February 2017

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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)


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3 minutes ago, FordCosworth said:

Mustang - 8300

Challenger - 7000

Camaro - 4700

 


 

 


 

Did the Mustang out sell all of Alpha, again?

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8 minutes ago, ccap41 said:

Did the Mustang out sell all of Alpha, again?

4700 - Camaro

1000 - ATS

900 - CTS

-----------------

6600

 

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Meanwhile the Tahoe sold more than the Expy and Navigator combined and GMs full size pickups outsold Ford for the month.  

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6 hours ago, FordCosworth said:

Mustang - 8300

Challenger - 6100

Camaro - 4700

 


 

 


 

How does the Challenger sell over six hundred units a month?  Who buys that thing?

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15 minutes ago, smk4565 said:

How does the Challenger sell over six hundred units a month?  Who buys that thing?

I think you're forgetting that they make this gloriously American muscle car called the Hellcat.

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21 minutes ago, ccap41 said:

I think you're forgetting that they make this gloriously American muscle car called the Hellcat.

Hellcat is probably 5% of Challenger sales.   Coupes tend not to sell much, full size cars don't sell and cars built on 90s platforms don't sell, and the Challenger is all 3 of those. I can only imagine they just discount the heck out of them.

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7 minutes ago, smk4565 said:

Hellcat is probably 5% of Challenger sales.   Coupes tend not to sell much, full size cars don't sell and cars built on 90s platforms don't sell, and the Challenger is all 3 of those. I can only imagine they just discount the heck out of them.

Nah, probably Trumpflakes buying them to put new Confederate flags on the top and live in the past 40+ years ago in the South.

:P :duck:

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"The Challenger is an icon that it's customers love just the way it is".

Sounds familiar? Except here, Dodge is moving boatloads, not a few hundred. Oh, and it's a half century newer than you-know-what.

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34 minutes ago, smk4565 said:

Hellcat is probably 5% of Challenger sales.   Coupes tend not to sell much, full size cars don't sell and cars built on 90s platforms don't sell, and the Challenger is all 3 of those. I can only imagine they just discount the heck out of them.

Part of it is their V6 fleet market but a big part of it is because it still has that look that muscle car fans love plus it is the most comfortable to live in, of the three, due to a larger interior. It's not that hard to figure out really. 

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Dodge is selling LX platforms at large incentives and cheaper and it has a loyal base of large boomers that still fit in it. 

A couple guys at work bought a couple this year and got them cheap. Few are Hell Cats many are V6 or base V8. 

Camaro needs incentives in this market right now. It is the best but the price is also the highest. 

This whole class would have died without the older conservatives. The Bernie people either don't have the money or they want to take it in taxes to pay for all the free government entitlements. Also lets not forget the regulations they would put in that would kill the cars in the name of global warming too. 

Also don't knock the south. They are diversifying. Anyone see the Bernie supporter who stole the truck and did the Dukes of Hazard like jump and walked away once he was arrested. The only mistakes he made is one don't steal the truck after you walk away from work release. Also you need to make sure if you are going to do a jump like that at least get paid for it. 

I was impressed how well the Toyota held up. It had to be 30 feet in the air. 

As long as gas is cheap and the economy is going gang buster like we have not seen in 20 years truck and SUV sales will be strong. Cars will return if either parameters change. 

I see Alfa is now up to 500 Cars sold this year. Sergio said he will sell 150,000 by next year here. I think he may need to take another pay cut. 

 

5 minutes ago, surreal1272 said:

Part of it is their V6 fleet market but a big part of it is because it still has that look that muscle car fans love plus it is the most comfortable to live in, of the three, due to a larger interior. It's not that hard to figure out really. 

Fat boomers do not fit in a Camaro. Just say what you mean LOL! 

Edited by hyperv6
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53 minutes ago, hyperv6 said:

Dodge is selling LX platforms at large incentives and cheaper and it has a loyal base of large boomers that still fit in it. 

A couple guys at work bought a couple this year and got them cheap. Few are Hell Cats many are V6 or base V8. 

Camaro needs incentives in this market right now. It is the best but the price is also the highest. 

This whole class would have died without the older conservatives. The Bernie people either don't have the money or they want to take it in taxes to pay for all the free government entitlements. Also lets not forget the regulations they would put in that would kill the cars in the name of global warming too. 

Also don't knock the south. They are diversifying. Anyone see the Bernie supporter who stole the truck and did the Dukes of Hazard like jump and walked away once he was arrested. The only mistakes he made is one don't steal the truck after you walk away from work release. Also you need to make sure if you are going to do a jump like that at least get paid for it. 

I was impressed how well the Toyota held up. It had to be 30 feet in the air. 

As long as gas is cheap and the economy is going gang buster like we have not seen in 20 years truck and SUV sales will be strong. Cars will return if either parameters change. 

I see Alfa is now up to 500 Cars sold this year. Sergio said he will sell 150,000 by next year here. I think he may need to take another pay cut. 

 

Fat boomers do not fit in a Camaro. Just say what you mean LOL! 

Apparently a lot of people don't fit in one lol! 

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57 minutes ago, surreal1272 said:

Apparently a lot of people don't fit in one lol! 

Look around less are fitting a Camaro everyday. 

This is not totally a joke. This is part of the reason for the rise of the CUV. 

 

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There are a lot of reasons for rise o the CUV,  it is very possible that in 2025 sedans, coupes and convertible are less than 20% market share and CUV is like 60% with trucks the other 20%.

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47 minutes ago, hyperv6 said:

Look around less are fitting a Camaro everyday. 

This is not totally a joke. This is part of the reason for the rise of the CUV. 

 

For the record, I'm not a big person and I will take the Challenger first and foremost. 

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35 minutes ago, surreal1272 said:

For the record, I'm not a big person and I will take the Challenger first and foremost. 

You can have mine. I never liked the new one and the low quality just sealed it.

i would rather take the money and buy an older original one.  They got the styling right on the original.

I drove an AAR Cuda a while back and it was a blast.

If I were to buy new today the red with black hood on the SS 1LE at my local dealer would be my choice. 

 

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3 hours ago, hyperv6 said:

Dodge is selling LX platforms at large incentives and cheaper and it has a loyal base of large boomers that still fit in it. 

A couple guys at work bought a couple this year and got them cheap. Few are Hell Cats many are V6 or base V8. 

Camaro needs incentives in this market right now. It is the best but the price is also the highest. 

This whole class would have died without the older conservatives. The Bernie people either don't have the money or they want to take it in taxes to pay for all the free government entitlements. Also lets not forget the regulations they would put in that would kill the cars in the name of global warming too. 

Also don't knock the south. They are diversifying. Anyone see the Bernie supporter who stole the truck and did the Dukes of Hazard like jump and walked away once he was arrested. The only mistakes he made is one don't steal the truck after you walk away from work release. Also you need to make sure if you are going to do a jump like that at least get paid for it. 

I was impressed how well the Toyota held up. It had to be 30 feet in the air. 

As long as gas is cheap and the economy is going gang buster like we have not seen in 20 years truck and SUV sales will be strong. Cars will return if either parameters change. 

I see Alfa is now up to 500 Cars sold this year. Sergio said he will sell 150,000 by next year here. I think he may need to take another pay cut. 

 

Fat boomers do not fit in a Camaro. Just say what you mean LOL! 

I brought my Malibu in to get fixed again today.  In the service bay waiting was a new Camaro.  It is such an amazing rig.  I looked in the window though, and there was barely enough room between the front and rear seats to slip a fed ex envelope.  As I drove home in my Malibu hybrid loaner, i came to a stop behind a fairly new Challenger.  It's a real sized vehicle.  It's taller and us older folks who cling to muscle cars like being able to sit up a little bit, and see out of the damn thing.  And it would it nice once in awhile on swingers weekends to be able to at least throw the women in the back seat.

 

I think this gen of Camaro will become collectible for hard core performance geeks.  But i recommend Chevy / GM already getting dies set for a redesign of the body.....taller, maybe a WB stretch, and a shape that allows you to see out and have people in the back once in awhile.  A little trunk space too.

 

Chrysler dealers were advertising 300 AWD's for 249 a month with 249 down......talk about making hey with an ancient platform.  That LX platform may outperform the W body if this keeps up.

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1 minute ago, hyperv6 said:

You can have mine. I never liked the new one and the low quality just sealed it.

i would rather take the money and buy an older original one.  They got the styling right on the original.

I drove an AAR Cuda a while back and it was a blast.

If I were to buy new today the red with black hood on the SS 1LE at my local dealer would be my choice. 

 

I will have to agree to disagree on the quality. The ones that I have been in were quite nice IMO but to each their own. Nothing wrong with an SS though by any stretch of the imagination.

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25 minutes ago, regfootball said:

 

Chrysler dealers were advertising 300 AWD's for 249 a month with 249 down......talk about making hey with an ancient platform.  That LX platform may outperform the W body if this keeps up.

Wait, Chrysler will pay me $249 a month to drive a 300?  Intriguing deal, but still not worth it.  

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5 minutes ago, smk4565 said:

Wait, Chrysler will pay me $249 a month to drive a 300?  Intriguing deal, but still not worth it.  

Chrysler made a great decision a few years ago when they reskinned the 300 and Charger.  The v6 AWD became the most popular powertrain configuration.  In these wintery parts, its a huge sell for someone who wants a car but in a market deluged with crossovers.  AWD and size on the cheap.  Now the Challenger has AWD too.  A pony car you can use in winter.  That alone should snag some buyers for aging boomers looking for a weekend go to see Jimmy in college trip / toy car kind of car.

All Chrysler is really doing the last few years is straight out of old GM playbook.  Old tech, outdated stuff, sold with HUGE rebates.

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All wheel drive does help sales, I agree there.  I have long said cars like Malibu, Impala, Fusion, even Camry and Accord should offer all wheel drive.  People are fleeing those sedans because they can get all wheel drive in a crossover.  When that is easy profit to charge $2,500 for awd on a Camry or Malibu.  If the 300/Charger were rear drive only they'd be dead right now, look at how the Avalon, LaCrosse, Impala and Taurus are dying on the vine, I imagine all 4 of those cars are dead by 2025.

Just read the new BMW M5 will be all wheel drive, so even the car that founded the rear drive sports sedan has succumbed to the consumer desire for all wheel drive.  This is what will make electric cars appealing I think, you can put a motor on al 4 wheels and have all wheel drive.  Consumers will like that, once the batteries deliver the range.

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2 hours ago, surreal1272 said:

I will have to agree to disagree on the quality. The ones that I have been in were quite nice IMO but to each their own. Nothing wrong with an SS though by any stretch of the imagination.

Quality is based on friends and family with KC models. None are going to be repeat buyers. 

The in laws new 300 is a really nice car and they paid a Malibu price but they have had more warranty issues than I have had on my last 4 new cars combined.

Lots of electrical issues and several recalls,

Even failure of the key fob. 

Same for the guys at work with these cars , Rams and Jeeps. 

Even the surveys from multiple sources list most FCA  product at or near the bottom. 

As for the muscle cars they all will change as all are not selling well and all are only going to get more expensive. 

They are dying because boomers are getting older and have moved on. The younger people either have little interest or if they do they can not afford them. The auto makers will continue to make these more into world class but affordable GT coupes and look to sell them globally to gain the needed volumes to keep them alive.

2 hours ago, smk4565 said:

All wheel drive does help sales, I agree there.  I have long said cars like Malibu, Impala, Fusion, even Camry and Accord should offer all wheel drive.  People are fleeing those sedans because they can get all wheel drive in a crossover.  When that is easy profit to charge $2,500 for awd on a Camry or Malibu.  If the 300/Charger were rear drive only they'd be dead right now, look at how the Avalon, LaCrosse, Impala and Taurus are dying on the vine, I imagine all 4 of those cars are dead by 2025.

Just read the new BMW M5 will be all wheel drive, so even the car that founded the rear drive sports sedan has succumbed to the consumer desire for all wheel drive.  This is what will make electric cars appealing I think, you can put a motor on al 4 wheels and have all wheel drive.  Consumers will like that, once the batteries deliver the range.

AWD is a very small in the total sales. 

All sedans are dying in this time of low priced gas.

2 hours ago, regfootball said:

Chrysler made a great decision a few years ago when they reskinned the 300 and Charger.  The v6 AWD became the most popular powertrain configuration.  In these wintery parts, its a huge sell for someone who wants a car but in a market deluged with crossovers.  AWD and size on the cheap.  Now the Challenger has AWD too.  A pony car you can use in winter.  That alone should snag some buyers for aging boomers looking for a weekend go to see Jimmy in college trip / toy car kind of car.

All Chrysler is really doing the last few years is straight out of old GM playbook.  Old tech, outdated stuff, sold with HUGE rebates.

We know how GM ended up with old product and high discounts.

Edited by hyperv6
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      FCA US LLC - Up 15% (199,819 Vehicles Sold This Month, 1,679,983 Vehicles Sold This Year)
      Volvo Cars of North America, LLC - Up 10.3% (8,715 Vehicles Sold This Month, 69,981 Vehicles Sold This Year)
      Subaru of America, Inc. - Up 3.5% (57,044 Vehicles Sold This Month, 503,418 Vehicles Sold This Year)
      Hyundai Motor America - Up 1% (57,359 Vehicles Sold This Month, 501,701 Vehicles Sold This Year)
      BMW of North America - Up 0.2% (29,369 Vehicles Sold This Month, 259,258 Vehicles Sold This Year)
      Kia Motors America - Down 1.8% (51,503 Vehicles Sold This Month, 452,042 Vehicles Sold This Year)
      Volkswagen of America - Down 4.8% (30,555 Vehicles Sold This Month, 266,228 Vehicles Sold This Year)
      Mercedes-Benz USA - Down 5% (30,715 Vehicles Sold This Month, 254,366 Vehicles Sold This Year)
      American Honda Motor Co. - Down 7% (132,668 Vehicles Sold This Month, 1,206,997 Vehicles Sold This Year)
      Jaguar Land Rover North America - Down 7.1% (9,006 Vehicles Sold This Month, 86,080 Vehicles Sold This Year)
      Porsche Cars North America, Inc. - Down 7.1% (5,102 Vehicles Sold This Month, 42,626 Vehicles Sold This Year)
      Mitsubishi Motors North America - Down 8.6% (7,705 Vehicles Sold This Month, 93,398 Vehicles Sold This Year)
      Toyota Motor North America - Down 10.4% (203,098 Vehicles Sold This Month, 1,824,235 Vehicles Sold This Year)
      Ford Motor Company - Down 11.2% (197,404 Vehicles Sold This Month, 1,887,625 Vehicles Sold This Year)
      Nissan Group - Down 12.2% (122,819 Vehicles Sold This Month, 1,124,682 Vehicles Sold This Year)
      Mazda North American Operations - Down 17.4% (21,257 Vehicles Sold This Month, 235,122 Vehicles Sold This Year)

      Audi of America - 
      Brands (Quarterly):
      Buick - Down 7.3% (45,911 Vehicles Sold This Quarter, 155,606 Vehicles Sold This Year)
      Cadillac - Down 10.7% (37,291 Vehicles Sold This Quarter, 113,240 Vehicles Sold This Year)
      Chevrolet - Down 11.4% (485,019 Vehicles Sold This Quarter, 1,504,038 Vehicles Sold This Year)
      GMC - Down 11.3% (126,417 Vehicles Sold This Quarter, 395,924 Vehicles Sold This Year)

      Brands (Monthly):
      Acura - Up 4.4% (13,511 Vehicles Sold This Month, 114,483 Vehicles Sold This Year)
      Alfa Romeo - Up 29% (1,639 Vehicles Sold This Month, 18,160 Vehicles Sold This Year)
      Audi - 
      BMW - Up 1.3% (25,908 Vehicles Sold This Month, 225,065 Vehicles Sold This Year)
      Chrysler - Down 7% (14,683 Vehicles Sold This Month, 127,156 Vehicles Sold This Year)
      Dodge - Up 41% (42,101 Vehicles Sold This Month, 359,728 Vehicles Sold This Year)
      Fiat - Down 46% (1,185 Vehicles Sold This Month, 12,084 Vehicles Sold This Year)
      Ford - Down 11.3% (189,236 Vehicles Sold This Month, 1,812,345 Vehicles Sold This Year)
      Genesis - Down 75.8% (419 Vehicles Sold This Month, 8,909 Vehicles Sold This Year)
      Honda - Down 8.2% (119,157 Vehicles Sold This Month, 1,092,514 Vehicles Sold This Year)
      Hyundai - Up 3% (56,940 Vehicles Sold This Month, 492,792 Vehicles Sold This Year)
      Infiniti - Down 1.6% (12,536 Vehicles Sold This Month, 105,249 Vehicles Sold This Year)
      Jaguar - Down 38.1% (2,040 Vehicles Sold This Month, 20,947 Vehicles Sold This Year)
      Jeep - Up 14% (83,764 Vehicles Sold This Month, 746,194 Vehicles Sold This Year)
      Kia - Down 1.8% (51,503 Vehicles Sold This Month, 452,042 Vehicles Sold This Year)
      Land Rover - Up 8.7% (6,966 Vehicles Sold This Month, 746,194 Vehicles Sold This Year)
      Lexus - Down 6.1% (24,597 Vehicles Sold This Month, 213,622 Vehicles Sold This Year)
      Lincoln - Down 7.2% (8,168 Vehicles Sold This Month, 75,280 Vehicles Sold This Year)
      Mazda - Down 17.4% (21,257 Vehicles Sold This Month, 235,122 Vehicles Sold This Year)
      Mercedes-Benz - Down 9.8% (26,169 Vehicles Sold This Month, 225,384 Vehicles Sold This Year)
      Mercedes-Benz Vans - Up 44% (4,448 Vehicles Sold This Month, 28,023 Vehicles Sold This Year)
      MINI - Down 7.4% (3,461 Vehicles Sold This Month, 34,193 Vehicles Sold This Year)
      Mitsubishi - Down 8.6% (7,705 Vehicles Sold This Month, 93,398 Vehicles Sold This Year)
      Nissan - Down 13.3% (110,283 Vehicles Sold This Month, 1,019,433 Vehicles Sold This Year)
      Porsche - Down 7.1% (5,102 Vehicles Sold This Month, 42,626 Vehicles Sold This Year)
      Ram Trucks - Up 9% (56,447 Vehicles Sold This Month, 416,661 Vehicles Sold This Year)
      Smart - Down 59.3% (98 Vehicles Sold This Month, 959 Vehicles Sold This Year)
      Subaru - Up 3.5% (57,044 Vehicles Sold This Month, 503,418 Vehicles Sold This Year)
      Toyota - Down 10.9% (178,501 Vehicles Sold This Month, 1,610,613 Vehicles Sold This Year)
      Volkswagen - Down 4.8% (30,555 Vehicles Sold This Month, 266,228 Vehicles Sold This Year)
      Volvo - Up 10.3% (8,715 Vehicles Sold This Month, 69,981 Vehicles Sold This Year)
    • By William Maley
      New cars are getting more and more expensive. Kelly Blue Book reported earlier this month that the average transaction price of a new car was $35,541, up 1.8 percent compared to the same time last year. This has more consumers checking out the used car lot, causing demand to rise.
      “Customers forget a new car is now more than $30,000 and they expect it to be $20,000,” said Brian Allan, a senior director at Galpin Motors Inc., to the Wall Street Journal.
      “When people see the price has gone up, it is sticker shock, especially when people only buy a car every five to six years."
      Data from Edmunds reports that the gap between the price of a new and used car is now at one "of its largest points in more than a decade". Key reasons for this gap include consumers trending to trucks and SUVs, and automakers adding more expensive tech.
      This summer saw a strong demand for used cars and analysts are predicting this trend to continue throughout the rest of the year, partly due to dealers stocking more trucks and utility vehicles. Prices of used cars are also on the rise. Edmunds reports that buyers paid an average of $22,489 for a three-year old used car in the second-quarter - up $865 from the same time last year.
      This isn't good news for automakers as new car sales are starting to slow down and pressure could begin building to deepen discounts to lure consumers back. Lenders have been extending the length of loans and introducing 0 percent financing to make buying new more attractive.
      Source: Wall Street Journal (Subscription Required)

      View full article
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