| Consumers shrug off $4 gas, keep sales recovery on track | April 3, 2012 | | | | | Consumers shrug off $4 gas, keep sales recovery on track U.S. consumers shrugged off $4-a-gallon gasoline to buy 1.4 million light vehicles in March, the highest monthly total since August 2007. Sales were 13 percent higher than March 2011. The month's seasonally adjusted annual selling rate of 14.4 million was lower than February's 15.1 million, but higher than any other monthly SAAR since April 2008. ... story | | | | | Winners and Losers* % change in sales among major brands from March 2011 | Winners | March | | | Winners | 3 mos. | | | Losers | March | | | Losers | 3 mos. | 1 | Fiat | 642% | | 1 | Fiat | 1670% | | 1 | Buick | -16% | | 1 | Cadillac | -24% | 2 | Smart | 135% | | 2 | Chrysler Division | 85% | | 2 | Cadillac | -13% | | 2 | Mitsubishi | -18% | 3 | Chrysler Division | 70% | | 3 | Smart | 79% | | 3 | Acura | -12% | | 3 | Buick | -17% | 4 | Jaguar | 51% | | 4 | Volkswagen division | 41% | | 4 | Infiniti | -10% | | 4 | Infiniti | -6% | 5 | Jeep | 36% | | 5 | Jeep | 35% | | 5 | Mitsubishi | -5% | | 5 | Suzuki | -2% | | | | Chevy leads GM to 12% sales increase DETROIT -- General Motors said U.S. sales rose 12 percent in March to 231,052 units on strong demand for fuel-efficient cars and crossovers. The gain came primarily from Chevrolet, which reported a 17 percent increase in sales, to 173,073. GMC sales rose 12 percent to 34,337. Buick sales fell 16 percent to 13,105, and Cadillac sales dropped 13 percent to 10,537. It was the sixth straight month of decline for each brand. Through the first quarter, GM's overall sales gained 3 percent to 608,320 across the four brands. Retail sales, however, slid 1 percent in the first three months, GM said. The company's U.S. market share now stands at 17.5 percent, down from 19.4 percent a year earlier. ... story Toyota sales jump 15% on strong fleet, retail volume LOS ANGELES -- Toyota Motor Corp.'s U.S. sales rose 15 percent in March, aided by strong retail volume and higher-than-usual fleet demand. It was Toyota's biggest percentage sales gain since February 2011. With combined Toyota, Lexus and Scion sales volume of 203,282 units, "You have to go to March 2008 to find a better month (for Toyota), with the exception of Cash for Clunkers," said Jeff Bracken, vice president of Toyota Division sales. Fleet sales represented about 13.5 percent of Toyota Motor Sales' volume last month. The Camry had a 20 percent fleet mix. Last year, hobbled by inventory shortages after the March earthquake ... story Hyundai, Kia ride small cars to record volume LOS ANGELES -- Fueled by growing sales of small cars and U.S.-built vehicles, both Hyundai and Kia set monthly U.S. sales records in March. Hyundai's March sales grew 13 percent from last year to 69,728 vehicles. Kia sold 57,505 vehicles last month, up 30 percent from March 2011. Small cars with 40 mpg highway ratings posted big gains for both brands. Sales of the Kia Rio subcompact more than doubled from March 2011 to 4,509 units. Hyundai Accent sales jumped 45 percent to 8,337 units. The Rio and Accent, which are based on the same platform and share powertrain technology, have a 40 mpg highway rating. The Hyundai Veloster ... story BLOGS | MIKE COLIAS Finally, Chevy Volt gets some love The Chevrolet Volt finally got some good news this week. General Motors said today that March was the best sales month yet for the Volt, which has been plagued by sluggish sales and flogged by conservatives as symbolic of President Obama’s meddling in the free market. ... Read the blog Published: Apr 3 2:51 pm U.S. Eastern time
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Top selling light vehicles | | March | | | 3 mos. | 1 | Ford F series | 58,061 | | Ford F series | 143,827 | 2 | Toyota Camry | 42,567 | | Toyota Camry | 105,405 | 3 | Nissan Altima | 41,050 | | Nissan Altima | 96,360 | 4 | Chevrolet Silverado | 36,491 | | Chevrolet Silverado | 95,638 | 5 | Honda CR-V | 30,868 | | Honda Civic | 77,169 | 6 | Toyota Prius | 28,711 | | Honda CR-V | 74,587 | 7 | Ford Fusion | 28,562 | | Toyota Corolla/Matrix | 68,428 | 8 | Ford Focus | 28,293 | | Ram | 67,464 | 9 | Toyota Corolla/Matrix | 28,289 | | Ford Focus | 66,043 | 10 | Honda Civic | 28,199 | | Ford Fusion | 63,949 | |
Top selling cars | | March | | | 3 mos. | 1 | Toyota Camry | 42,567 | | Toyota Camry | 105,405 | 2 | Nissan Altima | 41,050 | | Nissan Altima | 96,360 | 3 | Toyota Prius | 28,711 | | Honda Civic | 77,169 | 4 | Ford Fusion | 28,562 | | Toyota Corolla/Matrix | 68,428 | 5 | Ford Focus | 28,293 | | Ford Focus | 66,043 | 6 | Toyota Corolla/Matrix | 28,289 | | Ford Fusion | 63,949 | 7 | Honda Civic | 28,199 | | Honda Accord | 61,132 | 8 | Honda Accord | 26,771 | | Toyota Prius | 60,859 | 9 | Chevrolet Malibu | 23,887 | | Chevrolet Malibu | 58,550 | 10 | Hyundai Sonata | 23,281 | | Chevrolet Cruze | 57,083 | |
Top selling light trucks | | March | | | 3 mos. | 1 | Ford F series | 58,061 | | Ford F series | 143,827 | 2 | Chevrolet Silverado | 36,491 | | Chevrolet Silverado | 95,638 | 3 | Honda CR-V | 30,868 | | Honda CR-V | 74,587 | 4 | Ram | 26,960 | | Ram | 67,464 | 5 | Ford Escape | 22,679 | | Ford Escape | 58,604 | 6 | Chevrolet Equinox | 20,064 | | Chevrolet Equinox | 51,577 | 7 | Toyota RAV4 | 17,367 | | Nissan Rogue | 40,299 | 8 | Nissan Rogue | 16,972 | | Toyota RAV4 | 39,865 | 9 | Jeep Grand Cherokee | 14,096 | | Jeep Grand Cherokee | 37,503 | 10 | Ford Edge | 14,058 | | GMC Sierra | 34,672 | | | | | Table sorted by year-to-date sales | | March 2012 | March 2011 | March % change | 3 mos. 2012 | 3 mos. 2011 | 3 mos. % change | Buick | | 13,105 | 15,663 | -16% | 37,336 | 44,739 | -17% | Cadillac | | 10,537 | 12,164 | -13% | 30,966 | 40,513 | -24% | Chevrolet | | 173,073 | 148,197 | 17% | 448,134 | 416,505 | 8% | GMC | | 34,337 | 30,597 | 12% | 91,884 | 90,789 | 1% | General Motors | | 231,052 | 206,621 | 12% | 608,320 | 592,546 | 3% | Ford division | | 214,081 | 203,794 | 5% | 516,986 | 475,253 | 9% | Lincoln | | 8,803 | 8,501 | 4% | 20,836 | 20,007 | 4% | Mercury | | - | - | - | - | 248 | - | Ford Motor Co. | | 222,884 | 212,295 | 5% | 537,822 | 495,508 | 9% | Lexus | | 20,140 | 20,682 | -3% | 49,096 | 47,356 | 4% | Scion | | 6,694 | 5,540 | 21% | 15,171 | 12,759 | 19% | Toyota Division | | 176,448 | 150,000 | 18% | 423,016 | 373,809 | 13% | Toyota/Scion | | 183,142 | 155,540 | 18% | 438,187 | 386,568 | 13% | Toyota Motor Sales | | 203,282 | 176,222 | 15% | 487,283 | 433,924 | 12% | Chrysler Division | | 34,726 | 20,463 | 70% | 79,338 | 42,796 | 85% | Dodge | | 52,076 | 44,102 | 18% | 126,222 | 101,977 | 24% | Ram | | 27,743 | 23,510 | 18% | 69,495 | 56,824 | 22% | Dodge/Ram | | 79,819 | 67,612 | 18% | 195,717 | 158,801 | 23% | Fiat | | 3,712 | 500 | 642% | 8,850 | 500 | 1670% | Jeep | | 45,124 | 33,155 | 36% | 114,146 | 84,853 | 35% | Chrysler Group | | 163,381 | 121,730 | 34% | 398,051 | 286,950 | 39% | Infiniti | | 10,185 | 11,287 | -10% | 26,220 | 27,836 | -6% | Nissan Division | | 126,132 | 109,854 | 15% | 296,141 | 257,522 | 15% | Nissan North America | | 136,317 | 121,141 | 13% | 322,361 | 285,358 | 13% | Hyundai division | | 69,728 | 61,873 | 13% | 163,573 | 142,620 | 15% | Kia | | 57,505 | 44,178 | 30% | 138,060 | 104,773 | 32% | Hyundai-Kia | | 127,233 | 106,051 | 20% | 301,633 | 247,393 | 22% | Acura | | 11,166 | 12,611 | -12% | 30,805 | 31,368 | -2% | Honda Division | | 115,833 | 121,039 | -4% | 289,360 | 276,610 | 5% | American Honda Motor Co. | | 126,999 | 133,650 | -5% | 320,165 | 307,978 | 4% | Audi | | 11,585 | 9,818 | 18% | 29,470 | 25,383 | 16% | Bentley | | 206 | 137 | 50% | 450 | 320 | 41% | VW division | | 36,588 | 27,176 | 35% | 94,373 | 67,039 | 41% | VW Group Of America | | 48,379 | 37,131 | 30% | 124,293 | 92,742 | 34% | Subaru | | 32,387 | 26,916 | 20% | 80,568 | 67,457 | 19% | Mazda | | 32,376 | 30,905 | 5% | 82,023 | 64,559 | 27% | BMW division | | 23,940 | 20,295 | 18% | 61,549 | 52,616 | 17% | Mini | | 5,866 | 6,087 | -4% | 14,180 | 12,341 | 15% | Rolls-Royce* | | 32 | 30 | 7% | 96 | 90 | 7% | BMW Group | | 29,838 | 26,412 | 13% | 75,825 | 65,047 | 17% | Maybach | | 4 | 3 | 33% | 12 | 9 | 33% | Mercedes-Benz | | 24,509 | 22,546 | 9% | 64,649 | 55,995 | 16% | Smart USA | | 999 | 425 | 135% | 2,264 | 1,267 | 79% | Daimler AG | | 25,512 | 22,974 | 11% | 66,925 | 57,271 | 17% | Mitsubishi | | 7,160 | 7,560 | -5% | 16,607 | 20,167 | -18% | Volvo Cars N.A. | | 6,693 | 6,369 | 5% | 16,418 | 15,440 | 6% | Jaguar | | 1,321 | 874 | 51% | 3,328 | 2,501 | 33% | Land Rover | | 4,199 | 3,441 | 22% | 10,659 | 8,267 | 29% | Jaguar Land Rover N.A. | | 5,520 | 4,315 | 28% | 13,987 | 10,768 | 30% | Suzuki | | 2,631 | 2,497 | 5% | 6,561 | 6,702 | -2% | Porsche | | 2,460 | 2,588 | -5% | 7,159 | 7,007 | 2% | Maserati | | 257 | 200 | 29% | 602 | 473 | 27% | Saab Cars N.A. | | - | 830 | -100% | - | 2,069 | -100% | Other** | | 262 | 255 | 3% | 786 | 765 | 3% | U.S. LIGHT VEHICLE | | 1,404,623 | 1,246,662 | 13% | 3,467,389 | 3,060,124 | 13% |
*Estimate **Includes estimates for Aston Martin, Ferrari, Lamborghini and Lotus | |
Highlights Mfgr. highest volume - March | GM | 231,052 | | Mfgr. highest volume - 3 mos. | GM | 608,320 | Mfgr. gained the most volume - March | Chrysler Group | 41,651 | | Mfgr. gained the most volume - 3 mos. | Chrysler Group | 111,101 | Mfgr. lost the most volume - March | American Honda | (6,651) | | Mfgr. lost the most volume - 3 mos. | Mitsubishi | (3,560) | Mfgr. highest % increase - March | Chrysler Group | 34% | | Mfgr. highest % increase - 3 mos. | Chrysler Group | 39% | Mfgr. biggest % drop - March | Mitsubishi | -5% | | Mfgr. biggest % drop - 3 mos. | Mitsubishi | -18% | | | | | | | | | | | | | | | Brand highest volume - March | Ford | 214,081 | | Brand highest volume - 3 mos. | Ford | 516,986 | Brand gained the most volume - March | Toyota | 26,448 | | Brand gained the most volume - 3 mos. | Toyota | 49,207 | Brand lost the most volume - March | Honda | (5,206) | | Brand lost the most volume - 3 mos. | Cadillac | (9,547) | Brand highest % increase - March | Fiat | 642% | | Brand highest % increase - 3 mos. | Fiat | 1670% | Brand biggest % drop - March | Buick | -16% | | Brand biggest % drop - 3 mos. | Cadillac | -24% | | | To view other breaking news stories throughout the day, visit autonews.com To unsubscribe from this email newsletter, please click here. Automotive News is located at 1155 Gratiot Ave., Detroit, Michigan, 48207 | | |
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