November U.S. Sales, Up By 17% – rpmGo.com

The United States trucks and cars sales rose by 17% in November, raising high hopes that the automotive market will end on a very high note, creating a solid momentum for 2011. Last month, the number of light vehicle sales went up to 873,407 cars, which is the 11th market advance in the past 12 months. The car sales until November, reached 10.45 million units, topping the 2009 sales figures that totaled 10.43 million.

The United States sales, for the second consecutive month achieved an annual selling rate of 12.26 million units, according to the information revealed by AutoData Corporation. In 2009, the light vehicles delivered reached an annual rate of only 10.86 million vehicles. According to Edmunds.com, larger vehicles, crossovers and pickup trucks are more popular among buyers. The redesigned or new models coming from Hyundai, Nissan, VW as well as other car manufacturers, helped raise the sales figures.

Ford sold 20% more trucks and cars in comparison to 2009. GM’s sales also went up by 12% and its four remaining brands grew by 21%. According to the Chrysler Group, the November request for new cars rose by 17%.

Today, the General Motors officials predicted that a gradual economic recovery will most likely continue to strengthen the request for new vehicles. Jim Bunnell, who is the general manager of U.S. sales for General Motors, stated that “the economy is continuing to gain traction. We believe we will see meaningful job creation in the coming months.”

Moving on, the Hyundai Group (and Kia), sold this November 41% more cars. The demand for Honda cars in the United States grew by 21%. Porsche also is doing well, benefiting from 49% more sales. Jaguar Land Rover sales climbed by 22%. Nissan is also benefiting from an increased number of sales, the deliveries for their vehicles rose by 27%.

On the contrary, Toyota sales, including Scion and Lexus, went down by 3% in November, totaling 129,137 cars, although the company spent more on incentives in comparison to 2009. The situation clearly illustrates the problems the Japanese automaker is having in winning back the trust of the United States customers, after more than a year since the automaker started recalling millions of cars that shattered Toyota’s good image for manufacturing high quality cars that are very safe on the road. Toyota and Mazda were the only two manufacturers that did not post double-digit sales gains in November; Mazda’s sales went up by only 7%.

Almost all of the General Motors cars shipped were 2011 models, which allowed the company to increase the average transaction prices, according to Don Johnson, who is GM’s vice president of United States sales operations. Through last month, the average price of a GM car went up by $1,300 in comparison to the similar period of 2009. Johnson added that the incentives averaged 10.4% of GM’s transaction prices, which is just about the same as the rest of the industry.

Volkswagen AG sold 24.2% more cars last month, the Jetta Sedan being the most successful model as sales grew by a healthy 49%. Analysts affirm that the sales made in the final weekend of the month went up due to the Thanksgiving holiday deals that were sponsored by individual manufacturers and dealers, including Nissan and Toyota.

Automaker Nov. 2010 Nov. 2009 Pct. chng. 11 month
2010
11 month
2009
Pct. chng.
BMW Group* 22,909 18,030 27% 238,443 218,138 9%
Chrysler Group LLC 74,152 63,560 17% 984,509 844,879 17%
Daimler AG** 19,259 17,462 10% 208,946 184,294 13%
Ford Motor Co.*** 146,956 122,846 20% 1,773,868 1,493,533 19%
General Motors**** 168,670 150,676 12% 1,987,552 1,864,211 7%
Honda (American)† 89,617 74,003 21% 1,100,864 1,043,641 6%
Hyundai Group†† 67,324 46,002 46% 819,250 680,282 20%
Isuzu -% 165 -100%
Jaguar Land Rover 4,039 3,319 22% 40,329 33,420 21%
Maserati 166 100 66% 1,717 1,158 48%
Mazda 15,304 14,255 7% 208,087 189,512 10%
Mitsubishi 4,306 2,925 47% 50,809 49,631 2%
Nissan††† 71,366 56,288 27% 814,840 696,699 17%
Porsche 2,416 1,626 49% 22,753 17,578 29%
Saab Cars North America‡ 397 -% 3,763 -%
Subaru 20,792 16,988 22% 237,126 193,578 23%
Suzuki 2,332 1,540 51% 21,347 36,811 -42%
Toyota‡‡ 129,317 133,700 -3% 1,586,107 1,582,287 0%
Volkswagen‡‡‡ 29,713 23,191 28% 325,279 267,955 21%
Volvo Cars North America‡‡‡‡ 4,078 -% 16,667 -%
Other (estimate) 294 308 -5% 3,234 3,372 -4%
TOTAL 873,407 746,819 17% 10,445,490 9,401,144 11%

Numbers in this table are calculated by Automotive News based on actual monthly sales reported by the manufacturers and may differ from numbers reported elsewhere.

Source: Automotive News Data Center

Note: Other includes estimates for Aston Martin, Ferrari, Lamborghini and Lotus

*Includes Mini and Rolls-Royce **Includes Maybach, Mercedes-Benz and Smart ***Includes Volvo through July 2010 ****Includes Saab through February 2010 †Includes Acura ††Includes Kia †††Includes Infiniti ‡The sale of Saab was final on February 23, 2010 ‡‡Includes Lexus and Scion ‡‡‡Includes Audi and Bentley

‡‡‡‡The sale of Volvo to Zhejiang Geely Holding Group was final on Aug. 2, 2010

Source: AutoNews.com

Post tags: Tags: Audi, Bentley, General Motors, Lexus, vw