View Full Version : September automobile sales are looking dismal...
___I am watching September sales numbers as they are released and this is darn near a depression for some manufacturers. I will post the September Hybrids and Fuel Efficient non-Hybrid report later but Ford’s September sales are down 34% compared to the same period last year :(
___The F- series in particular is off 56.8% at just 7,143 units. There if going to be a whole host of Mid-sized and compact automobiles that will crush that sales figure.
___VW is off > 9%.
___The only good news so far (if you can call it that?) is Toyota of Canada, up 14.9% vs. September of 2007. In Europe however, Toyota sales are down something like 14% vs. the year ago period while the domestics are holding far smaller losses thanks to their fuel efficient offerings overseas.
___Toyota sales are off an incredible 29.5% vs. September of 07.
Toyota Motor Sales (TMS), U.S.A., Inc., today reported September sales of 144,260 vehicles, a decrease of 29.5 percent from last September, on a daily selling rate basis. Calendar-year-to-date (CYTD) sales total 1,793,303 units, down 10.4 percent from the same period last year.
The Toyota Division posted September sales of 128,215 units, down 28.9 percent from last September. The Lexus Division reported September sales of 16,045 units, a decrease of 33.4 percent from the year-ago month.
___Acura September sales numbers are in and its ugly over there with a fall off of 27.5%.
In a challenging financial marketplace, Acura September sales totaled 9,997 units, down 27.5 percent versus last year, based on the daily selling rate. Year-to-date vehicle sales totaled 115,828, down 15.3 percent versus 2007, Acura announced today.
___Honda reported in… Another dismal month.
American Honda Motor Co., Inc., posted September vehicle sales of 96,626, a decline of 20.9 percent compared to September 2007 results. American Honda year-to-date sales of 1,180,583 represent a 1.1 percent decrease.
"This September was an incredibly volatile month for Wall Street," said Dick Colliver, executive vice president of sales for American Honda. "Obviously, no one is immune to market shifts as dramatic as we have been seeing."
___I have heard a rumor about GM dumping their Employee pricing and going to 0% for up to 6-years to move vehicles but I do not have any confirmation on that yet. A ton of info on their Certified Used cars with 3.9 and 4.9% available but nothing on 0% for the new stuff??
___Chrysler reported in with an overall decline of 33%. Some of their lineup is not even worth building…
Chrysler today reported total September 2008 U.S. sales of 107,349 units, down 33 percent from the same period last year. Total September sales reflect a highly volatile economic environment, ongoing segment shifts and reduced fleet and lease volume.
___Dodge Ram was off 31% but the real kicker is Durango SUV Dakota P/U sales. 622 units (off 85%) and 616 units (off 78%) respectively.
___Nissan had a terrible month with total sales off 36.8% vs. September of 2007.
Nissan today reported September 2008 sales of 59,565 units versus 94,269 units a year ago, a decrease of 36.8 percent. Sales of Nissan Division vehicles declined 38.4 percent, while sales of Infiniti Division vehicles fell by 24.1 percent.
___Now it is BMW's turn to take the hit...
The BMW Group in the U.S. (BMW and MINI combined) reported September sales of 18,506 vehicles, a decrease of 25.8 percent over the 24,932 vehicles sold in September 2007. The BMW Group also reported a year-to-date sales volume of 236,327 vehicles, down 4.8 percent, compared to 248,273 vehicles in the same period of 2007.
10-01-2008, 07:37 PM
What about Hyundai/Kia ?? ;)
10-01-2008, 11:49 PM
It's a bad sign. My wife and I have been getting lots of personal calls from dealerships where we've bought before trying to get us in the door. And the economy really isn't bad around here. Dealers really must be desperate in places like FL and CA.
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