This is not going to be a great year for anybody... Except for FCA. Wayne Gerdes – CleanMPG – March 1, 2019 2019 RAM HD Intro Ram announced pricing on its new 2019 Ram Heavy Duty pickup truck with a starting MSRP of $33,395, plus $1,695 destination fee. The new 2019 Ram Heavy Duty is available in a wide range of offerings, from the Ram 2500 Tradesman regular cab 4x2’s $33,395 MSRP to the technology-leading Ram 3500 Limited Mega Cab 4x4 with 12-inch Uconnect 4C touchscreen at $67,050 plus D&H. The optional and highly recommended 6.7L Cummins Turbo Diesel with 6-speed AT is $9,100, while the optional 1,000 lb.-ft. of torque Cummins High Output (3500 only), mated to the Aisin 6-speed transmission, is $11,795. February 2019 U.S. Auto Sales The U.S. Auto industry entered March with an estimated 4.1 million unsold vehicles. This level accounts for an average 78-day supply, the highest early year days' supply since 2009 according to Automotive News. GM and Ford's February sales were down an estimated 5.3 and 4.4 percent.respectively but neither report monthly's any more. TOYOTA 2019 YTD sales of 328,759 are down 5.9 percent from the 349,254 sold through the same period of 2018. The Prius is getting killed with sales of just 6,648 YTD, down 52.6 percent from the 14,013 sold through the same period last year. That is way off the 20,000 + a month they were selling back in early 2004. FCA 2019 YTD sales of 298,118 are flat vs the 298,706 sold through the same period of 2018. RAM is killing it with 2019 YTD sales of 85,191 pickups, up 24 percent over the 68,776 sold through the same period of 2018. HONDA 2019 YTD sales of 221,278 are up .5 percent over the 220,099 sold through the same period of 2018. The all-new Insight Hybrid sedan is selling at a rate of just over 1,600 per month with 3,349 sold YTD. NISSAN 2019 YTD sales of 114,342 are down a whopping 12.0 percent from the 129,930 sold through the same period of 2018. There are literally sales highlights to speak of YTD. SUBARU 2019 YTD sales of 95,153 are up 3.9 percent over the 91,606 sold through the same period of 2018. The AWD brands Forester with sales of 26,451, up 17.6 percent over the 22,488 sold through the same period of 2018 is its only highlight. HYUNDAI 2019 YTD sales of 86,408 are up 2.4 percent over the 84,361 sold through the same period of 2018. The all-new Kona is saving Hyundai's bacon as sales went from nothing to 11,382 YTD. KIA 2019 YTD sales of 80,782 are up 5.9 percent over the 76,300 sold through the same period of 2018. The Optima is showing a little strength with YTD sales of 13,065, up 12.6 percent over the 11,600 sold through the same period of 2018. VW 2019 YTD sales of 48,780 were down 5.1 percent below the 51,404 sold through the same period of 2018. The highlight came from the Tiguan with 2019 YTD sales of 14,728, up 6.6 percent over the 13,822 sold through the same period of 2018. MERCEDES-BENZ sales of 48,251 were down 13.1 percent below the 55,497 sold through the same period of 2018. C-Class sales of 9,488 YTD are up 13.4 percent over the 8,366 sold through the same period of 2018. BMW 2019 YTD sales of 46,796 were down 3.6 percent from the 48,526 sold through the same period of 2018. 4-Series sales of 5,527 YTD are up 49.0 percent over the 3,709 sold through the same period of 2018. MAZDA 2019 YTD sales of 43,897 were down 13.4 percent below the 50,693 sold through the same period of 2018. YTD, every model is showing red ink. AUDI 2019 YTD sales of 9.077 was up 5.8 percent over the 8,583 sold during the same period of 2018. The A6 is the brand of four rings highlight with YTD sales of 3,395, up 113 percent over the 1,593 sold through the same period of 2018.
Hi Edwin: Kia and as always, Subaru are doing well. Kia spent a ton of precious PR and Marketing on the Stinger last year and it is fading fast albeit still adding 1,000 units a month to the brands sales volumes. The full size Telluride is just now reaching dealerships and that will help sales through 2019 although I would hate to be the poor bastard holding onto the note as depreciation is going to kill them. Subaru is holding on to increasing sales by their fingertips. Only the aging Forester had an increase in February and YTD. Everything else in their lineup was down and that rarely happens to Subaru. Hyundai is also doing ok thanks to the all-new Kona selling almost 6k units per month and Tucson hitting over 9k new drives, up almost 1k from last February's sales... Ioniq however is fading quickly towards the 1k/month volume. In February, the Ioniq sales were down 10.7 percent from the 1,156 sold in February of 2018 and YTD sales of 1,987 were down 6.7 percent from the 2,129 sold through the same period of 2018. Hyundai's Achilles heel however is the Elantra and no wonder the incentives came roaring back. Remember the big incentives disappeared about the same time the announcement that the Cruze and Focus were going to disappear? In February, just 10,304 Elantra's were sold, down 34.4 percent. YTD sales of 20,246 were down 31.9 percent from the 29,741 sold through the same period of 2018. Sonata is essentially flat while the all-new Accent is having trouble as well with YTD sales down 19.8 percent. Wayne
Hi All: Meanwhile in Canada... FCA Canada announced today February 2019 sales declined 2 percent to 18,461 vehicles compared with sales of 18,831 vehicles in February 2018. Sales Highlights - Ram 1500 sales of 5,763, are up 10 percent over the same period of 2018. Ram 1500 remains the second highest-selling vehicle in the country. Ford's F-150 is number One. Jeep Grand Cherokee sales of 1,689 are up 26 percent over February of 2018. These results earn Grand Cherokee a February sales record. **************** Toyota Canada Inc. (TCI)’s February sales were up 1.4% compared to last year, with a total of 13,419 units sold. The Toyota division reported sales of 11,971 units, down 1.0% from 2018. TCI’s hybrid electric and plug-in hybrid electric vehicle sales continued to grow in February with a total of 1,387 units sold, up 17.2% compared to last year. Overall, electrified vehicles represented 10.3% of TCI’s February sales. Additional February Highlights: TCI truck sales of 8,969 units, up 6.2% (new February Record) RAV4 sales of 3,838 units, up 28.4% (new February record) Hybrid electric vehicle sales of 1,387 units, up 17.2% Camry sales of 920 units, up 26.4% ES sales of 103 units, up 56.1% **************** Nissan Canada achieved Febraury 2019 sales of 8,597 vehicles, a 12.4 percent decline from Febraury of 2018. Nissan on its own sold 7,755 vehicles in February, doiwn 13,1 percent. Nissan Division Highlights: The Nissan Qashqai CUV finished February with 1,096 vehicles sold, an increase of 2.1 percent over the 1,073 sold in February of 2018. Nissan Maxima sales reached 146, up 12.3 percent over the 134 sold in February of 2018. Sales of Nissan’s full-sized TITAN pickup truck increased 9.5 percent, with 243 vehicles sold vs 222 sold in February of 2018. **************** Hyundai Canada announced February sales of 7,303 vehicles in February, a 14.6% increase compared to the same month in 2018. So far in 2019, the company has sold 13,669 units, up 18.1% over the same period last year. Hyundai’s Canadian sales growth has now outpaced the industry for nine consecutive months. Hyundai continues its strong start to the year and maintains its position as one of the industry’s top performers, with February’s 15% sales increase outpacing the industry’s 3.7% decline. Kona continues to lead its segment, seeing a boost in sales this month due to the recent launch of the highly anticipated Kona electric. 1,854 vehicles were sold in Febraury, up 618.6% over the minuscule level during launch a year ago. Wayne
Hi All: While I prep for tomorrow's March onslaught, Hyundai released their March1 global sales results. Hyundai Motor Company announced today global sales results for March 2019, during which a total of 389,160 units were sold. In Korea, domestic sales recorded a 3.7 percent year-over-year increase in March, reaching 70,111 units. Hyundai’s sedans -- Grandeur (called Azera overseas) and Avante (Elantra overseas) -- led the sales growth. Overseas Sales Sales in overseas markets decreased by 3.4 percent compared to March 2018, with 319,049 units sold, as the consumer demand slowed in China and Latin America. Other emerging markets, such as Russia and the Asia-Pacific region, showed healthy growths in sales. Hyundai plans to build new momentum with the rollout of Palisade, a new flagship SUV scheduled to be launched in the U.S. in the latter half of this year, as well as of other vehicles tailored to meet customers’ demands. The company will also swiftly respond to market trends and customer needs by establishing a system stressing the role of the regional headquarters with greater autonomy. Wayne
