2024 Top 10 Q1 US Automobile Sales Results

Discussion in 'General' started by xcel, Apr 3, 2024.

  1. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    This is just a quick update while I am building the individual sales results for the US Q1.
    1. GM - 594,233 vehicles sold in Q1 of 2024, down 1.5% below the 603,208 sold during Q1 of 2023
    2. Toyota - 565,098 vehicles sold in Q1 of 2024, up 20.3% over the 469,558 sold during Q1 of 2023
    3. Ford - 508,083 vehicles sold in Q1 of 2024, up 6.8% over the 475,906 sold during Q1 of 2023
    4. Stellantis - 332,540 vehicles sold in Q1 of 2024, down 9.7% below the 368,327 sold during Q1 of 2023
    5. Honda - 303,451 vehicles sold in Q1 of 2024, up 17.3% over the 284,507 sold during Q1 of 2023
    6. Nissan - 252,735 vehicles sold in Q1 of 2024, up 7.2% over the 235,818 sold during Q1 of 2023
    7. Hyundai - 184,804 vehicles sold in Q1 of 2024, up 0.2% over the 184,449 sold during Q1 of 2023
    8. Kia - 179,621 vehicles sold in Q1 of 2024, down 2.5% below the 184,136 sold during Q1 of 2023
    9. Subaru - 152,996 vehicles sold in Q1 of 2024, up 6.7% over the 143,379 sold during Q1 of 2023
    10. Tesla - 140,025 vehicles sold in Q1 of 2024, down 13.3% below the 161,630 sold during Q1 of 2023
    I am still waiting for both Mercedes-Benz and Porsche's US Q1 sales results. And Tesla US sales guesstimates which are nearly impossible to find...

    Comparing individual models, Pickups are still killing it although RAM has fallen from grace with the Big 3 Japanese brands CUVs now outpacing it.

    2024 Ford F-150 Lariat

    [​IMG]
    F-Series offerings continue to dominate.​

    Top 10 US 2024 Q1 Model Sales
    1. Ford F-Series incl. LD and HD - 152,943 vehicles sold in Q1 of 2024, down 10.2% below the 170,377 sold in Q1 of 2023
    2. Chevrolet Silverado incl. LD and HD - 129,987 vehicles sold in Q1 of 2024, up 0.4% over the 126,992 sold in Q1 of 2023
    3. Toyota RAV4 - 124,822 vehicles sold in Q1 of 2024, up 47.4% over the 84,704 sold in Q1 of 2023
    4. Tesla Model Y - 96,729 vehicles sold in Q1 of 2024, up 1.4% above the 95,362 sold in Q1 of 2023
    5. Honda CR-V - 95,038 vehicles sold in Q1 of 2024, up 41.3% over the 67,241 sold in Q1 of 2023
    6. Nissan Rogue - 90,804 vehicles sold in Q1 of 2024, up 8.7% over the 76,499 sold in Q1 of 2023
    7. RAM P/U incl. LD and HD - 89,417 vehicles sold in Q1 of 2024, down 15.1% below the 105,350 sold in Q1 of 2023
    8. Toyota Camry - 78,337 vehicles sold in Q1 of 2024, up 18.6% over the 66,037 sold in Q1 of 2023
    9. GMC Sierra incl. LD and HD - 68,597 vehicles sold in Q1 of 2024, up 0.1% over the 67,198 sold in Q1 of 2023
    10. Honda Civic - 61,929 vehicles sold in Q1 of 2024, up 36.0% over the 45,458 sold in Q1 of 2023
    Wayne
     
    Last edited: Apr 14, 2024 at 12:55 PM
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  2. litesong

    litesong litesong

    Is Tesla listed somewhere? Or does Tesla do things differently?
     
    xcel likes this.
  3. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi Litesong:

    Tesla reports global production and deliveries for a given quarter and refuse to breakout the US sales, its largest market by far.

    In the first quarter of 2024, Tesla produced over 433,000 vehicles and delivered approximately 387,000.

    Tesla 2024 Q1 Global Deliveries

    Model 3/Y - 369,783
    S/X/CT - 17,027
    Total - 386,810, down 8.5% vs the 422,875 sold in the Q1 of 2023.

    Wayne
     
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  4. litesong

    litesong litesong

    Thank you for your quickness.
    Oh, that's funny. Tesla is so technical & scientific, but doesn't give comparative data. That sounds like a management(Elon) decision.
     
    Last edited: Apr 4, 2024
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  5. BillLin

    BillLin PV solar, geothermal HVAC, hybrids and electrics

    Tesla didn't do marketing either, till recently on some social networks, according to a news story I read. Wonder what changed? Q1 2024 was supposedly below Q1 2023, overall of course.
     
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  6. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi Bill:

    They, Tesla, got rid of their PR group about a decade ago and did nothing in terms of marketing until the past few months. I receive a Tesla e-mail every other day telling me they have this or that models in stock, come on down for a test drive, try FSD, yada yada yada...

    Wayne
     
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  7. MaxxMPG

    MaxxMPG Hasta Lavista AAA-Vee Von't Be Bach

    I think the real story is that Tesla markets direct to buyers, so the sales reported by Tesla are cars sold to living breathing people.

    Other automakers report their sales when they wholesale the cars to their dealer body. So sales have been reported to be going "up up up" as they stuff the dealer lots full of inventory. This is rather suddenly starting to change, as dealers are now turning away allocations because there's no room for more unsellable vehicles and dealers don't want the burden of paying interest in the floorplan for all those cars sitting out there in the rain.

    Nissan started offering dealers cash to take cars into inventory. Dealers are refusing. The cash offered will be consumed by interest costs after floorplan runs out and they don't anticipate being able to sell new incoming units for 8 to 12 months.

    Once automakers are faced with idling plants and laying off assembly workers, they will start rolling out much more enticing incentives, or re-releasing Monroney labels with lower MSRPs - which at least one automaker whose name rhymes with Praying Mantis has been doing lately, or possibly both. Anyone who bought a car 1 to 3 years ago likely paid way too much for it and is now so badly buried they wouldn't be able to buy something new even if they wanted to with the silly interest rates. I think it's going to get worse before it gets better.
     
  8. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    I added the top 10 US Q1 2024 models as well.

    Comparing individual models, Pickups are still killing it although RAM has fallen from grace with the Big 3 Japanese brands CUVs now outpacing it.

    2024 Ford F-150 Lariat

    [​IMG]
    F-Series offerings continue to dominate.​

    Top 10 US 2024 Q1 Model Sales
    1. Ford F-Series incl. LD and HD - 152,943 vehicles sold in Q1 of 2024, down 10.2% below the 170,377 sold in Q1 of 2023
    2. Chevrolet Silverado incl. LD and HD - 129,987 vehicles sold in Q1 of 2024, up 0.4% over the 126,992 sold in Q1 of 2023
    3. Toyota RAV4 - 124,822 vehicles sold in Q1 of 2024, up 47.4% over the 84,704 sold in Q1 of 2023
    4. Tesla Model Y - 96,729 vehicles sold in Q1 of 2024, up 1.4% above the 95,362 sold in Q1 of 2023
    5. Honda CR-V - 95,038 vehicles sold in Q1 of 2024, up 41.3% over the 67,241 sold in Q1 of 2023
    6. Nissan Rogue - 90,804 vehicles sold in Q1 of 2024, up 8.7% over the 76,499 sold in Q1 of 2023
    7. RAM P/U incl. LD and HD - 89,417 vehicles sold in Q1 of 2024, down 15.1% below the 105,350 sold in Q1 of 2023
    8. Toyota Camry - 78,337 vehicles sold in Q1 of 2024, up 18.6% over the 66,037 sold in Q1 of 2023
    9. GMC Sierra incl. LD and HD - 68,597 vehicles sold in Q1 of 2024, up 0.1% over the 67,198 sold in Q1 of 2023
    10. Honda Civic - 61,929 vehicles sold in Q1 of 2024, up 36.0% over the 45,458 sold in Q1 of 2023
    Wayne
     
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  9. litesong

    litesong litesong

    I didn't know Elon was related to Seinfeld. :confused:o_O

    Wikipedia has an interesting(not really) article about early forms of the expression.
     
    Last edited: Apr 4, 2024
  10. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi Litesong:

    I do not know if you remember or not, but I mentioned how the Model 3 without the $7,500 Fed TC was dead since the Y still has it. Y sales should come up in numbers but by a far lower percentage or absolute volume than the 3 will fall. The problem being is Tesla will not release their US Sales numbers or breakout, so I rely on an outlet like COX Automotive that is counting all new registrations in the US to come up with a close to actual sales result for a given model in the US.

    The rumored $25k Model 2 is not going to save Tesla as the Model 3 is already smaller than the basic Corolla/Prius contingent. See below.

    2019 Tesla Model 3

    [​IMG]


    2020 Toyota Corolla

    [​IMG]


    2023 Toyota Prius and Prius Prime

    [​IMG]
    [​IMG]


    2020 Toyota Prius

    [​IMG]


    2021 Nissan Sentra

    [​IMG]
    This is the only compact that has less rear seat leg and headroom than the Model 3.


    2017 Honda Civic Hatch

    [​IMG]
    A generation back and the latest has even more rear seat leg room.​

    Wayne
     
  11. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    Mercedes and Porsche Q1 2024 Sales are still in the wait and see status and the Tesla breakout would be a guess anyway. I am expecting the Model Y to reach deep into the Top 10 US Volume sales leader board and the company probably came in at #9 or #10.

    Lucid is an unmitigated disaster - the company expects to build 9,000 vehicles in 2024, just 572 vehicles more than the 8,428 vehicles it built in 2023. Clearly a demand problem, not a supply constraint as was broadcast for years prior.

    Rivian is going to be lucky to avoid bankruptcy later since they do not have the Saudi Govt. backing to pull $s from whenever necessary like Lucid does. Last month, Rivian forecast it will produce 57,000 vehicles in 2024, slightly less than the 57,232 vehicles it produced in 2023 while it lost 5.4 billion USD last year. Despite that, Rivian’s sales and revenues continue to increase as evidence by the following:

    Rivian Q1 2024 US Sales - 13,588 sold, up 71.0% over the 7,946 sold during the same period of 2023.

    2026 Rivian R2

    [​IMG]

    Similarly, Volvo's US sales were decent through the first quarter as well. In the US, sales of Volvo vehicles reached 30,951, up 16.9% over the 26,483 sold in the same period of 2023. Sales of its electrified vehicle lineup grew by 26.1 percent compared to the same period last year.

    Wayne
     
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  12. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    GM Q1 2024 US Sales Highlights

    [​IMG]

    Wayne
     
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  13. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    Toyota Q1 2024 US Sales Highlights

    [​IMG]

    Wayne
     
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  14. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    Ford Q1 2024 US Sales Highlights

    [​IMG]

    Wayne
     
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  15. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    Stellantis Q1 2024 US Sales Highlights

    [​IMG]

    Wayne
     
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  16. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    Honda Q1 2024 US Sales Highlights

    [​IMG]

    Wayne
     
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  17. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    Nissan Q1 2024 US Sales Highlights

    [​IMG]

    Wayne
     
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  18. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    Hyundai Q1 2024 US Sales Highlights

    [​IMG]

    Wayne
     
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  19. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    Kia Q1 2024 US Sales Highlights

    [​IMG]

    Wayne
     
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  20. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    Subaru Q1 2024 US Sales Highlights

    [​IMG]

    Wayne
     
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