Auto Facts
 
 

 

Top 10 best-selling light vehicles in May
Posted on: 06/04/2018

The top ten best-selling light vehicles in May and YTD 2018 as reported by Automotive News.  GM vehicle sales are estimated.

 

May     5 months
1 Ford F series 84,639   Ford F series 371,934
2 Chevrolet Silverado* 52,859   Chevrolet Silverado* 236,128
3 Ram pickup 46,781   Ram pickup 189,997
4 Nissan Rogue 38,413   Nissan Rogue 178,198
5 Toyota RAV4 38,202   Toyota RAV4 160,670
6 Honda CR-V 35,905   Toyota Camry 150,580
7 Honda Civic 34,349   Honda CR-V 146,274
8 Chevrolet Equinox* 31,048   Honda Civic 144,897
9 Toyota Camry 29,965   Chevrolet Equinox* 141,477
10 Toyota Corolla 29,578   Toyota Corolla 133,294

 



Top 10 best-selling cars in May
Posted on: 06/04/2018

The top ten best-selling cars in May and YTD 2018 as reported by Automotive News.  GM results are estimated.

May     5 months
1 Honda Civic 34,349   Toyota Camry 150,580
2 Toyota Camry 29,965   Honda Civic 144,897
3 Toyota Corolla 29,578   Toyota Corolla 133,294
4 Honda Accord 28,212   Honda Accord 111,564
5 Nissan Altima 23,030   Nissan Altima 96,836
6 Hyundai Elantra 20,762   Nissan Sentra 95,104
7 Nissan Sentra 18,103   Hyundai Elantra 81,870
8 Ford Focus 16,144   Ford Fusion 71,300
9 Chevrolet Malibu* 15,404   Ford Focus 64,191
10 Ford Fusion 15,253   Chevrolet Cruze* 63,577


Top 10 best-selling light trucks in May
Posted on: 06/04/2018

The top ten best-selling light trucks in May and YTD as reported by Automotive News.  GM vehicle sales are estimated. 

May     5 months
1 Ford F series 84,639   Ford F series 371,934
2 Chevrolet Silverado* 52,859   Chevrolet Silverado* 236,128
3 Ram pickup 46,781   Ram pickup 189,997
4 Nissan Rogue 38,413   Nissan Rogue 178,198
5 Toyota RAV4 38,202   Toyota RAV4 160,670
6 Honda CR-V 35,905   Honda CR-V 146,274
7 Chevrolet Equinox* 31,048   Chevrolet Equinox* 141,477
8 Ford Escape 26,993   Ford Escape 115,726
9 Jeep Wrangler 25,102   Jeep Wrangler 110,382
10 Jeep Cherokee 23,789   Ford Explorer 106,345


Incentives up in April
Posted on: 05/29/2018

As zero (0%) interest rates are slowing disappearing from the marketplace by captive lenders, incentives continue to increase.

J.D. Power Valuation Services in its Used Car and Light Truck Guidelines (May 2018) reported Automakers grew incentive spending once again in April, making it the 37th month in a row spending increased.  On average, according to Autodata, spending reached $3,646 per unit versus $3,452 per unit in April 2017.

GM increased incentives by an extraordinary 24% to an average of $5,235 per unit.  Ford had an increase of 7% to $4,406 per unit.  FCA had a decrease of 0.3% and an average per unit of $4,356.

Toyota – incentives down 5%, average of $2,249 per unit.

American Honda – incentives down 12%, average of $1,257 per unit.

Nissan – incentives down 21%, average of $3,100 per unit.

The Ram had the highest average incentive at $6,489.

WardsAuto reported that the days’ supply of dealer inventory (72 days) increased by 4 days in April 2018 from March 2018, but was down from April 2017.       



The shrinking car sales market is real
Posted on: 05/10/2018

The best example is the statement from Ford Motor Co. in late April that it will shed most of its North America car lineup as part of a broad plan to save money and make the company more competitive in a fast-changing marketplace. 

That plan includes getting rid of all cars in the region during the next four years including the Fusion, Taurus, CMax hybrid and Fiesta in the U.S., Canada and Mexico.  The Mustang and a compact Focus crossover are the only two remaining.  

The U.S. market is rapidly changing as trucks and SUVs are dominating sales.  




 
 
 
 
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