Jalopnik: Sales

Chrysler Sales Drop 29% In July

Andrew Stoy — Fri, 01 Aug 2008 15:27:54 EDT

Chrysler LLC has reported a 29% unadjusted July sales decline from the same period a year earlier, primarily due to the market collapse of pickup trucks and large SUVs and a planned reduction in fleet sales. Minivans were a surprising bright spot for the company, with combined Town & Country and Grand Caravan sales enjoying a 21% increase, while incentives on Ram truck helped improve sales significantly over June despite being down 27% from July 2007. Full release after the jump.

Auburn Hills, Mich., Aug 1, 2008 - Chrysler LLC today reported total July 2008 U.S. sales of 98,109 units, which is 29 percent below the same period last year. Total July sales reflect a continued contraction of the market of pickup trucks and SUV sales and reductions in fleet sales. The company's recently completed 'Let's Refuel America $2.99 Gas Guarantee' promotion boosted showroom traffic and helped sales of Chrysler's newest highly fuel-efficient vehicles throughout the three-month program period. All sales figures are reported as unadjusted.
"We are writing a new chapter in the auto industry story as customers, dealers and companies adjust to a changing environment," Jim Press, Chrysler LLC Vice Chairman and President, said. "There are many changes taking place that give us at the new Chrysler cause for optimism. In the short term, our 2009 model year vehicles with value packages will soon be arriving in dealerships, and our August incentive packages are the best deals of the year, helping to make owning as affordable as leasing. Within the product lineup, our leadership in minivans is well-timed as consumers look for fuel-efficient alternatives to larger SUVs. Two new fuel-saving hybrid SUVs, the Dodge Durango and Chrysler Aspen will soon be hitting the streets. The Dodge Journey and Jeep® Patriot are gaining more customers on the appeal of fuel efficiency and affordability. And the success of cars like the Dodge Avenger, Charger and Challenger shows that customers still want their cars to stand out from the crowd. Lastly, this fall we come to market with our best new pickup truck ever — the 2009 Dodge Ram."

July Highlights
The Chrysler Town & Country posted a 24 percent increase with 8,070 sales versus July 2007 sales of 6,513 units. With room for seven passengers, and the industry-exclusive Swivel 'n Go™ seating system, the Chrysler Town & Country could be considered as a fuel-efficient alternative to a full-sized SUV. Town & Country sales in July helped drive total minivan sales up 5 percent. Total long-wheel-base minivan retail sales increased 21 percent in July.

The Jeep Patriot continues to gain traction in the market, offering excellent fuel economy, interior flexibility and utility at a great value. Total sales of 3,451 were up 4 percent versus last year due to consumer interest in the company's most fuel-efficient vehicles. Additionally, Jeep Patriot 2008 year-to-date sales increased 119 percent, with 40,135 total sales when compared with July 2007 year-to-date sales of 18,286 units.

Response to sales promotions of the Dodge Ram helped lesson the impact of slow pickup truck demand. Dodge Ram pickup sales were down 27 percent (21,328 units) versus 2007 sales of 29,312, but sales increased 32 percent when compared with June 2008 sales of 16,149 units.

The Dodge Avenger sedan continued with good performance with 4,318 units sold, up 2 percent when compared with July 2007 sales of 4,213.

The highly anticipated all-new Dodge Challenger SRT8® hit the streets in July with excitement and solid sales results (2,895 units sold). The return of the iconic Dodge Challenger combines unmistakable design cues reminiscent of the original Challenger with world-class performance making it the hottest vehicle on the streets this summer. In total, 3,990 Dodge Challengers have been delivered to customers.

The Company finished the month with 409,331 units of inventory, or a 108-day supply. As part of a planned reduction in manufacturing and capacity, inventory is down 12 percent compared with July 2007 when it totaled 464,875 units.

About Chrysler LLC
Chrysler LLC, headquartered in Auburn Hills, Mich., produces Chrysler, Jeep, Dodge and Mopar® brand vehicles and products. Total sales worldwide in 2007 were 2.68 million vehicles. Sales outside of North America were the highest in a decade with an increase of 15 percent from 2006. The Company's product lineup features some of the world's most recognizable vehicles, including the Chrysler 300, Jeep Wrangler and Dodge Charger.

[Source: Chrysler]

Honda July Sales Down 9.2%; Cars Set Record

Andrew Stoy — Fri, 01 Aug 2008 13:49:05 EDT

Honda has posted a 9.2% total sales decline for July 2008, adjusted for daily selling rate. While the Japanese manufacturer saw car sales set a record, rising 6.7%, light-truck sales droped 27.8%, dragging down the company's total. The subcompact Honda Fit and the Civic Hybrid broke previous sales records, rising 78.5% and 27.4%, respectively. Full release after the jump.

Fit sets another all-time sales record; Honda car sales rise 6.7% for July record
TORRANCE, Calif., Aug. 1 /PRNewswire/ — American Honda Motor Co., Inc. posted July total vehicle sales of 138,744, a daily-selling-rate basis* decline of 9.2 percent compared to July 2007 results.

Honda Division posted July sales of 125,916, a decline of 8.2 percent versus July 2007. The Fit sold an all-time record of 12,266, up 78.5 percent. Civic Hybrid broke its previous July record, set in 2006, with sales up 27.4 percent to 3,440, while the Accord increased 2.8 percent to 41,382.

"The uncertainties in the market have been quite profound in the past few weeks," said Dick Colliver, executive vice president of sales for American Honda. "We are adjusting our production to meet the rapidly changing needs of buyers and are confident these changes will provide the needed inventory as we move forward."

Honda total car sales of 82,976 increased by 6.7 percent to achieve a new July record. Honda light truck sales saw a decrease of 27.8 percent to 42,940.

The Acura Division posted sales of 12,828, a decrease of 17.7 percent* compared to July 2007. The division's all-new TSX continues to perform well with July sales up 15.9 percent to 3,474.

*The daily selling rate is calculated with 26 days for July 2008 and
24 days for 2007. All percentages reflect the daily selling rate.

[American Honda]

Nissan July Sales Up 8.5%

Andrew Stoy — Fri, 01 Aug 2008 13:22:00 EDT

Sources tell us that Nissan July US sales were up a cumulative 8.5%, but not on the strength of its luxury division. While Nissan brand sales rose 9.9%, the luxury brand Infiniti dropped 2.9% for the month. More details to come as soon as we get them.

Toyota US Sales Drop 18.7% In July

Andrew Stoy — Fri, 01 Aug 2008 12:35:00 EDT

CNBC is reporting Toyota US car sales are down 8.3%. They also claim truck sales have plunged 32%, for a cumulative 18.7% sales drop versus the same month last year. While we don't have a release yet to elaborate, it seems Toyota's recent sales number warnings have been spot-on, and the company is being hit by the deteriorating US market just as hard as the "Big Three." More details as we get them. UPDATE: Toyota press release now posted below the jump.

August 1, 2008 - Torrance, CA - Toyota Motor Sales (TMS), U.S.A., Inc., today reported July sales of 197,424 vehicles, a decrease of 18.7 percent from last July, on a daily selling rate basis.
The Toyota Division posted July sales of 175,242 units, a decrease of 17.9 percent from last July. The Lexus Division reported July sales of 22,182 units, a decrease of 24.6 percent from the year-ago month.

Toyota Division
Toyota Division passenger cars recorded July sales of 114,880 units, down 5.4 percent from the same period last year. Passenger-car sales were led by Camry and Camry Hybrid, which posted combined sales of 42,131 units. Camry Hybrid reported July sales of 2,645 units. Corolla recorded sales of 34,438 units for the month, up seven percent over July 2007. With limited availability, the Prius mid-size gas-electric hybrid posted July sales of 14,785 units. Yaris reported July sales of 8,620 units.

"Having the industry's most fuel-efficient lineup is of value to us so long as we have the right product mix in our showrooms," said TMS President Jim Lentz. "That's why we're accelerating production of 4-cylinder models and quickly responding to market conditions with repurposed U.S. plants and plans for a U.S.-built Prius."

Toyota Division light trucks recorded July sales of 60,362 units, down 34.3 percent from July 2007. Light truck sales were led by the Tundra full-size pickup with July sales of 13,413 units. The Tacoma mid-size pickup reported sales of 11,662 units for the month. Highlander and Highlander Hybrid posted combined sales of 6,763 units in July. The Highlander Hybrid gas-electric mid-size SUV reported July sales of 1,371 units, up five percent over last July. Sequoia posted sales of 2,823 units for the month, up 50.4 percent over the same period last year.

Scion posted July sales of 11,906 units. The xB urban utility vehicle led the way with July sales of 5,081 units. The tC sports coupe posted July sales of 4,787 units. The xD reported sales of 2,038 units for the month.

Lexus Division
Lexus passenger cars reported July sales of 13,219 units, a decrease of 27.2 percent from July 2007. Passenger-car sales were led by the ES entry luxury sedan with July sales of 5,563 units. The IS entry luxury sport sedan reported combined sales of 4,750 units. The LS flagship luxury sedan reported combined sales of 1,466 units. The GS luxury sport sedan reported combined July sales of 1,297 units.

Lexus Division light trucks recorded July sales of 8,963 units, down 20.3 percent from the year-ago month. Lexus sales were led by the RX luxury utility vehicle, which posted combined July sales of 7,101 units. The RX 400h hybrid luxury utility vehicle reported July sales of 1,439 units. The LX 570 reported sales of 843 units, an increase of 277.7 percent versus the same period last year.

TMS Hybrids
TMS calendar-year-to-date hybrid sales totaled 165,522 units. TMS posted July sales of 20,363 hybrid vehicles. Toyota Division recorded sales of 18,801 hybrids for the month. Lexus Division reported July sales of 1,562 hybrids.

There were 26 selling days this month, as compared to 24 selling days last July.

Ford Sales Drop 14.9% In July

Ray Wert — Fri, 01 Aug 2008 12:20:00 EDT

Ford sold 161,530 vehicles during the month of July, a drop of 14.9% from the same month last year — and down 21.5% when adjusted per sales day. While we're still sifting through the very lacking-in-focus-but-not-Focus press release, some numbers jump out at us — Volvo saw a drop in sales of 46.3% from the same month last year. Predictably, SUVs were down 54.4%. Still, one bright spot for Ford was car sales, up 7.8%. Oh, and there's something in the monthly sales press release below the jump on the Ford Focus.

FORD FOCUS CONTINUES TO SURPRISE, OUTPACE SEGMENT
* Ford Focus sales were up 16 percent in July and 26 percent year-to-date.
* Total car sales up 8 percent.
* Consistent with industry trends, crossover sales in July were down 8 percent, sport utilities were down 54 percent, and trucks and vans were down 18 percent.
* Ford, Lincoln and Mercury sales totaled 156,406 in July, down 13 percent.

Download PDF

DEARBORN, Mich., August 1, 2008 - Ford's redesigned Focus continues to surprise auto industry watchers and customers alike with strong sales, revenue growth, fuel economy and industry-first technology.

While Ford and industry sales experienced a double-digit sales decline in July, Ford Focus sales climbed 16 percent versus a year ago. Year-to-date, Focus sales were up 26 percent, compared with industry-wide small car growth of approximately 9 percent.

Focus has surprised in areas other than sales:

* Transaction prices - Year-to-date, Focus transaction prices have increased $750 per unit compared with a segment-average increase of $100. Customers are purchasing more equipment, including Ford SYNC, and higher series levels.
* Fuel Economy - In an independent test conducted by Edmunds.com called the Gas-Sipper Smackdown, Focus achieved 37.5 mpg on the highway. Focus has EPA highway fuel economy of 35 mpg - better than the smaller 2008 Honda Fit and 2009 Nissan Versa SL.
* Cool Technology - Focus was named one of Kelley Blue Book's 10 Coolest New Cars Under $18,000 based on its safety, fuel economy, interior size, comfort, technology, fun-to-drive and the "decidedly subjective coolness factor."

"Focus continues to surprise and delight customers throughout the country, but the bombshell is in Texas, where Focus retail sales have almost doubled," said Jim Farley, Ford, group vice president, Marketing and Communications. "If we can increase small car sales in Texas, we can increase them anywhere." Year-to-date, Focus retail sales were up 91 percent in Texas and 46 percent nationwide.

Total Ford, Lincoln and Mercury car sales were up 8 percent compared with a year ago. Consistent with industry trends, crossover vehicles - which include Ford Escape, Edge and Flex - were down 8 percent. Sport utility vehicles - such as Ford Explorer and Expedition - were down 54 percent, and trucks and vans - including Ford F-Series and Econoline - were down 18 percent.

Overall, Ford, Lincoln and Mercury vehicle sales totaled 156,406 in July, down 13 percent versus a year ago; year-to-date sales totaled 1.265 million, also down 14 percent. Ford estimates industry-wide sales were down 11 percent year-to-date.

"We expect the second half of 2008 will be more challenging than the first half as economic and credit conditions weaken," said Farley.

Ford's full-year industry sales forecast is a range from 14.0 - 14.5 million vehicles (including medium and heavy trucks). The first half sales rate was approximately 15 million.
Note: The sales data included in this release and the accompanying tables are based largely on data reported by dealers representing their sales to retail and fleet customers.

About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 229,000 employees and about 90 plants worldwide, the company's core and affiliated automotive brands include Ford, Lincoln, Mercury, Volvo and Mazda. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford's products, please visit our website at www.ford.com.

Honda Pulls First Quarter Profits Out Of Revenue-Decreasing Hat

Matt Hardigree — Fri, 25 Jul 2008 11:20:00 EDT

Honda Motor Company managed an impressive 8.1% increase in net income in the first quarter, bringing total quarterly income to $1.69 billion. Honda managed this despite quarterly revenue dropping by 2.2% to $29.64 billion. So why are Chrysler and Ford losing money hand over fist and Honda making money with despite having to deal with the same rising material costs and decreasing sales in the U.S. market?

Jalopnik Snap Judgement: As with GM and especially Ford, Honda is buoyed by sales in other Asian markets and South America. The company also has motorcycle sales to lean on. But the biggest difference, though, is something we've mentioned earlier that Ford and GM both need. That's right, it all comes down to product. Honda has a strong portfolio of smaller, affordable and fuel-efficient cars in the Fit and Civic — and they don't have to significantly realign their mix or offer crazy incentives to maximize profitability. [Source: Honda Motor Company, MarketWatch]

Car Industry Carnage: US Auto Sales Down 18.8% For June

Ben Wojdyla — Tue, 01 Jul 2008 19:20:00 EDT

Everybody knew it was coming, but the extent of the disintegration of the US automotive market came clearly into view today as automakers reported their sales figures for June. During a month when the national average price of gasoline topped an average of four bucks, what does one expect? Well — how about an 18.8% decline in sales. Fercrissakes, the Hummer brand saw a year-over-year fall of almost 60%! Un-freakin'-believable. What we have here folks is an automotive bear market — actually probably the worst bear market in the history of the industry. And like all bear markets, there are some clever companies which manage to shine even during the worst of times. Follow along as we discuss today's car industry carnage. These numbers are sourced from Automotive News as well as directly from manufacturers and are unadjusted unless otherwise noted.

American Honda
Honda was the sparkling bright light of hope amidst today's reports, announcing year-over-year sales figures which bucked the greater trend with a gain of 13.8%. The increases at Honda were led by a record breaking month for both the Honda Fit and the Honda Civic. Sales at the Acura division weren't so great, but when you're selling the brand for fuel efficient small cars during painful fuel times, that kind of thing gets overshadowed.

Daimler AG
There's some kind of saying about how the rich get richer and the poor get... something, but it escapes our mind at the moment. We're watching Daimler's caviar-infused Kobe veal just now arriving. We're not the least bit surprised in the Daimler announcement of sales improvements around 12.9%, the idea of driving anything less than a Mercedes in these trying times is simply unnerving.

Subaru Motors
Maybe all those years of pitching responsible transportation and safety-inspired handling have netted benefits, as Subaru has reported a 5.3% increase in sales for June. Could also be the the new Subaru Forester crossover scores major points with the "I want an SUV but I'd love good fuel economy" crowd. Whatever the case, the Fuji Heavy industries subsidiary is making gains in a tough market.

Volkswagen AG
VW must be doing something right, as they've managed to eke out a 0.3% sales increase where many others have not. Perhaps the concept of small, premium, sporty, fuel efficient cars isn't so far-fetched after all. Listen to us, we sound like smug Europeans.

BMW Group
It just goes to show that questionable styling, thirsty engines, and complex controls don't always a luxe brand make. BMW Group reported an unfortunate sales loss of 11% for June. Where the compact Mini brand saw a 24.8% bump in demand, the BMW brand dropped by 17% — we're betting those numbers pick up once the BMW X6 starts hitting — or rather bypassing showroom floors — as all of them are spoken for already.

Toyota
Not all is well within the super number one best awesome brand from the land of the rising sun. June saw an overall decline of 11.5%*. Breaking that down — the Lexus Division was smacked pretty good with a 21.1% decline and the Toyota Division fell 10.3% relative to last June. Supply problems with what should be the all-star Prius forced a 25% sales drop for the headlining hybrid. What about them trucks though? Toyota truck sales were down a whopping 31.1% which, in our opinion bodes very poorly for the new Toyota Tundra. Consider the Ford F-150's sales flagged by only 5% more, and yet the Toyota is much newer with a new F-Series just over a pushed-back-by-two-months horizon. *Toyota reported figures adjusted for daily sales rate

Nissan North America
Apparently Nissan is no slouch in losing sales either. Carlos Ghosn's golden brand saw a decline of 17.7% this June. Sure, it's not as good as either Toyota or Honda, but it sure as hell isn't as bad as the traditional big three. As expected, sales of the company's small cars came on strong last month, but Nissan's trucks and SUVs took a solid faceplant. Nissan still has that all-electric wonder-car planned, so we're sure the greenwashing campaign will begin immediately.

General Motors
The General isn't doing too bad compared to its cross-town rivals, but losing 18.5% compared to last years' June still stings. Sure, the Hummer brand lost an eye-watering 60%, but other vehicles made up for most of it, like the shockingly popular Chevy Malibu, and even the Cobalt is seeing renewed demand. And don't even talk to them about trucks and SUVs. But that's not to say GM is on solid ground, especially considering recent announcements from management on idling of plants.

Porsche AG
Perhaps it's the pending release of a freshened Porsche 911, or the overall stagnation of the brand, or that Porsche sales are heavily weighted on the high selling, and uber-thirsty Cayenne, but Porsche announced a surprising drop of 18.9% in sales. Maybe even luxury buyers are tightening their belts when it comes to weekend toys.

Ford Motor Company
Ford did not have a very good month. With declines pegged at 28% and sales of the popular F-150 down a staggering 36% for the month of June, the big blue oval is taking one to the jaw on the sales front. It's worth a note though that the yucky-looking but fuel-efficient new Ford Focus is positively flying off the lots. Now if only they could get that new Ford Fiesta here on the double.

Chrysler LLC
Chrylser LLC has posted a mind numbing 36% decline for June, and with numbers like that, and the decision to shutter the St. Louis minivan plant, Cerberus has got to be patting themselves on the back right about now. June was so bad, we heard the Chrysler dealers actually had to resort to brushing the spider webs off the doors during their lunch breaks. Despite its $2.99 gas deal, some of the SUV offerings were complete non-sellers, for instance: Jeep Commander — down 68% to 1,961 vehicles; Dodge Durango down 67% to 1,723 vehicles; Chrysler Aspen down 49% to 944 vehicles.

Mitsubishi Cars
And today's winner is Mitsubishi, posting a breathtaking 42.4% decline in sales compared to last June. Here is where we insert jokes about lingering Chrysler interior quality, and the smashing success of the new Mitsubishi design language, but that just seems mean. Let's be serious for a second though, has anyone seen the interior of the Mitsubishi Endeavor? Oh wait, that answer is no.

Hummer Sales Fall 59.3%, Rest Of GM Sales Down 18.5%, Car Industry Carnage Continues

Wes Siler — Tue, 01 Jul 2008 15:40:00 EDT

Hummer sold 59.3% fewer vehicles in June this year than it did in June 2007, further fueling questions about the brand's viability. GM's overall sales are down 18.5% for June and 16.5% for the first half of 2008. There's some light at the end of the tunnel though: Malibu and Cobalt sales are soaring. The Malibu is up 73.4% from a year ago, while Cobalt is 21.6% higher. Where will the car industry carnage stop? Check back at the end of the day for a full sales report wrap-up. [source: Automotive News Sub. Req.]

Gas Prices Up 8.2%, Hybrid Sales Down 11.0% In May... Wait, What?

Matt Hardigree — Fri, 13 Jun 2008 10:28:06 EDT

There may be no better indicator that many carmakers have been unable to adjust to the sudden increase in gas prices and the resulting shift in consumer demand than hybrid sales. Although there was an obvious run to more fuel-efficient cars — witness the Civic besting the Ford F-150 in overall sales for the first time ever — hybrid sales overall were down 11% from April to May, down 24.3% month-to-month from 2007 and even the market-leading Toyota Prius experienced a 31% drop in sales for the month. How did that happen? There are a few factors at work here, which we've helpfully outlined below the jump.

First off, there was an overall drop in vehicle sales in the United States — that's obviously going to affect sales of the largest fuel-suckers first, but the current economic situation affects anyone looking to buy right now, even in the hybrid marketplace. But the biggest factor isn't the issue of demand, it's supply. Toyota decided to only create about 175,000 Prii a year and is sticking to that number — mostly because their suppliers don't have the ability to quickly add capacity. That means despite the increase in demand, there just aren't any more to buy. The Camry Hybrid's seen a sales drop as well, because of this same supplier issue.

Comically, the biggest winner for the month were Saturn's hybrids — the Vue crossover and Auru sedan. Aura sales were up an astonishing 800%! Obviously since the Vue is a larger vehicle, it only saw a month-to-month increase of 750%. Unfortunately, due to some of their own serious supply issues, like battery leakage problems, 800% only translates to total monthly sales of 36 and 750% only translates to another limp volume number. Again, a supply issue.

Other hybrids also did reasonably well, including a 100.6% month-over-month increase in sales for the Nissan Altima Hybrid and a 3.5% year-over-year increase for the Civic Hybrid. But given that hybrid sales in the US for 2008 total only 155,958 vehicles, minor fluctuations make a big impact on monthly results. Overall, although hybrid sales are up 4.5% compared to the first five months of 2007, if neither Toyota or GM are able to get their supplier issues licked, we're not expecting it to start raining hybrids anytime soon. [WSJ, HybridCars.com]

Brits Lose Collective Mind: Fiat 500 Goes For Nearly $400,000

Ben Wojdyla — Tue, 10 Jun 2008 16:00:00 EDT

Fiat 500s sell for around $16,000 to $22,000 USD. A little high, perhaps, but not unreasonable. Fiat 500s with some artist's scribbles all over the place apparently sell for around £200,000 (or about $390,540 USD with today's kick ass exchange rate). That's practically brain numbing. Yep, some English artist named Tracey Emin decorated a 500 with... something, titled it "Dark Dark Dark," and convinced some British wierdo to fork over a huge pile of cash (albeit to charity). It's more than likely a write-off for some hedge fund manager, but we sure wouldn't want our money in the hands of that guy. Wonder if Pammy has given him a call yet?

[Carscoop]

Drop-Top Registrations Drop For First Time Since 2003

Ray Wert — Fri, 16 May 2008 08:00:00 EDT

Automotive News reports convertible registrations, which grew steadily the past several years in the United States, slumped in 2007, dropping 8.6 percent. It's the first year since 2003 there's been a drop in registrations of vehicles designed to let the sun shine on in — even including a 1.2% drop for both No. 1 New York and the 2006 leader, Los Angeles compared with the year before. Apparently the economy hurts everything — convertible sales included. Will the market for 'verts drop even more in 2008? Guess we'll find out about a year from now. [via Automotive News (sub. req.)]

BMW X6 Sells Out

Wes Siler — Thu, 08 May 2008 18:20:00 EDT

The entire BMW X6 production run for 2008 has been sold. While there are still a smattering of vehicles available at some dealers, every one scheduled to depart the Greenville, SC production facility has been spoken for by a dealer, many of whom report a long waiting list for the new SAC. This doesn't surprise us at all; the X6 is one of the best driving vehicles made by BMW, easily eclipsing sports SUV competitors like the Porsche Cayenne and Range Rover Sport. In fact, in a competition with the Mercedes CLS, we'd put our money on the big bimmer every time. [via BMWBlog] Thanks to Horatiu for the tip.

GM Sales Fall 0.6% Over First Quarter, And Yes, The Sky Is Falling In North America

Ray Wert — Wed, 23 Apr 2008 09:10:00 EDT

The General just issued a release saying global sales fell 0.6% in the first quarter. The news isn't all bleak — sales in Latin America, Africa and the Middle East rose 19.6%, sales in the Asia-Pacific region grew 5.8%. Heck, they even posted a 3.3% sales increase in Europe. Apparently the increased sales everywhere in the world were offset a bit by that 10% decline in North American automotive sales. Yup, that'll do it. Hey GM, those footsteps you're hearing? It's Toyota. In front of you.

Online Gamers Fleeing US Automakers Like Orcs Fleeing The Demon Aztheroc

Matt Hardigree — Tue, 04 Mar 2008 09:30:00 EST

As if domestic automakers didn't have enough problems lately, a new study by the Ziff Davis Game Group found that online gamers weren't moved by their offerings. Specifically, the survey found that though the majority of gamers own American-made cars, nearly 80% of those gamers are intending to buy an import. Of these, Toyota and Honda both make up 41% of expected purchases and Nissan makes up 25% (it's unclear if this includes Lexus/Infintit/Acura). Apparently, the Toyota WoW advertising is working.

The study also found that 58% of gamers plan on purchasing a new car within the next 12 months and 36% of this demographic intends to buy a hybrid, which seems a little high. Not surprisingly, gamers are willing to pay extra for iPod dock capability, GPS and what they call "surround sound." We have some issues with the way the questions were asked but can believe the results. [BusinessWeek]

Avoid Parking Lot Disasters- Buy My Ignition Switch!

Murilee Martin — Tue, 05 Feb 2008 08:00:00 EST

Back when I was writing catalog copy for a car-parts company with the same name as an X song, I was encouraged to write little stories for the items I was describing. For example, when writing about a wheel cylinder for a '64-72 GM A-body I might make up a scenario involving the reader's Skylark getting cut off by a primered-out '81 Dodge pickup with 150 sheets of drywall in the bed ("...but thanks to your new wheel cylinders, you're able to stop before plowing into several tons of gypsum and rust!"). But my tales were nothing next to this guy and his harrowing description of the reason you want a working ignition switch in your Volvo![eBay Motors]

Satellite Radio Retail Numbers Are Down, Who's To Blame?

Travis Hudson — Wed, 23 Jan 2008 16:00:04 EST

As a bit of disclosure, I'll admit that I'm a satellite radio fanatic. So it saddens me to hear that the numbers for December are significantly down. How significant? How about 37.5-percent significant, for, you know, the biggest shopping month of the year. Note that this number is specifically retail, so it only includes all of the aftermarket receivers purchased and suction-cupped to a windshield. So what's with the drop in satellite radio receiver sales?

Well, there are a few culprits worthy of nose thumbing. People are nixing satellite radio in favor of other options like MP3 players, HD Radio and other entertainment packages; people are getting their satellite radio fix from factory-installed units, because it is hard to find a vehicle without the option to have either XM or Sirius integrated; and the common folk are still waiting out the Sirius and XM merger.

I guess what I'm getting at is simple: Don't give up on satellite radio yet. Give it a chance.[Orbitcast

GM Global Sales Up 3.0% To 9.37 Million Vehicles, Possibly Tied With Toyota

Matt Hardigree — Wed, 23 Jan 2008 09:45:00 EST

GM would prefer you look at the big picture, announcing today that it sold 9,369,524 vehicles worldwide. This brings them to a tie with Toyota, which announced they sold 9.37 million vehicles (but has yet to give us the total number). Globally, this was a 3.0% increase over 2006 and the second best global sales number in the company's history. All of this was despite a 6.1% year-over-year decrease in North American sales, which still makes up more than half of the company's total sales volume. Compared to 2006, GM Europe saw a sales increase of 8.9%, GM Asia Pacific saw an increase of 15.1% and GMLAAM (Latin America, Africa, Middle East) increased 19%.

Two of the fastest growing individual markets in 2007 were India (74%) and Russia (95%). Wuling of China and Saturn were GM's fastest growing brands globally, while Hummer and Pontiac lost the most ground. Full details and press release below.

For Third Consecutive Year, GM Sells More Than 9 Million Vehicles Globally

DETROIT - General Motors sold 9,369,524 cars and trucks around the world in 2007, an increase of 3 percent, according to preliminary sales figures released today. In the fourth quarter, GM sold 2,305,752 vehicles, an increase of 4.8 percent compared with a year ago.

"We set a record in China with more than a million vehicles sold. We nearly doubled our sales in Russia to an all-time record of more than 258,000 vehicles delivered. And we set a record in Brazil with nearly a half-million vehicles sold," John Middlebrook, GM vice president, Global Sales, Service and Marketing Operations said today. "This is the kind of emerging market growth that fuels our global performance. Customers are responding to our fuel-efficient and dynamically-designed product lineup around the world."

The 2007 tally was the second best global sales total in the company's 100-year history and marked the third consecutive and fourth time (2007, 2006, 2005 and 1978) GM sold more than 9 million vehicles in a calendar year.

GM's global position - especially the emerging markets - built sales momentum.

Global sales of GM's top-selling brand, Chevrolet, grew more than 4 percent to 4.49 million vehicles compared with 2006 sales of 4.30 million. Chevrolet grew in all three regions outside North America, with the strongest performance in Europe with a nearly 34 percent increase compared with 2006. The Latin America, Africa and Middle East region saw strong Chevrolet growth with an additional 23 percent (208,000 vehicles) delivered over the 2006 level. Chevrolet also performed well in the Asia Pacific region, which was up 22 percent. The Aveo helped Chevrolet field a strong competitor in the very competitive global car market.

GM also retains its strong truck portfolio, evidenced by 3.80 million truck sales around the world, an increase of more than 33,000 vehicles (1 percent) compared with 2006. Chevrolet sold more than 1.96 million trucks globally last year. GMC global sales grew nearly 6 percent in 2007, with 613,000 vehicles delivered, compared with 579,000 in 2006. Wuling sales in the Asia Pacific region also fueled significant truck, mini-truck, and mini-van performance with 516,000 vehicles sold, a 24 percent increase over 2006. GM increased full-size pickup truck market share in the U.S. in 2007 by 0.2 ppts to 40.2 percent.

Cadillac saw global growth with sales increases outside of North America last year, thanks to a 45 percent increase in the Europe, a 42 percent climb in the Latin America, Africa and Middle East region, and an impressive 106 percent hike in the Asia Pacific region.

Saab saw annual sales increases of 13 percent in the Latin America, Africa and Middle East region, and 5 percent in Asia Pacific. In Europe, Saab maintained its market share position (0.4 percent), and with the extension of BioPower to its 9-3 model range, continues to be the leading brand for E-85 vehicles in Europe.

Global sales highlights include:

* GM sold 9.37 million vehicles in 2007, an increase of 3 percent. In the quarter, sales of 2.31 million vehicles were up 4.8 percent. At 5.50 million vehicles, 2007 sales outside of the United States accounted for about 59 percent of GM's total global sales, outpacing the industry average growth rate. The industry has seen significant volume increases in the global automotive market in the past five years, and the market now nears 71 million. In 2007, GM's top three brands in sales volume were Chevrolet (4.49 million, up 4 percent), Opel/Vauxhall (1.69 million vehicles, up 4 percent) and GMC (613,000, up 6 percent).

* In the Asia Pacific region, GM sales of 1.43 million vehicles topped 1 million vehicles for the third consecutive year, and GM China saw more than 18 percent sales growth compared with 2006. The company had regional Q4 sales of 382,000 vehicles, up nearly 17 percent, exceeding the industry average growth rate. GM was the top-selling global automaker in China in 2007, with 1.03 million vehicles sold - becoming the first global automaker to exceed 1 million vehicle sales. Sales in India also set records with an annual volume growth of 74 percent, driven by the recent launch of the Chevrolet Spark and strong performances by the Chevrolet Tavera, Aveo and Optra.

* In the Latin America, Africa and Middle East region, GM sales reached an all-time record 1.23 million vehicles, exceeding 1 million vehicles for the second time, up 19 percent in volume compared with 2006. For the quarter, 341,000 vehicles were sold, up 18 percent. GM saw volume increases in most major Latin America, Africa and Middle East markets in 2007. GM Brazil set an all-time domestic sales record with 499,000 vehicles delivered. The Chevrolet Corsa, Aveo and Celta were the three top sellers across the region in 2007.

* In Europe, GM's record sales - for the second year - exceeded 2.18 million vehicles, up about 9 percent. Sales for the quarter of 529,000 vehicles were up 11 percent, exceeding the industry average. Full-year sales in Russia set an all-time record for the company by nearly doubling, up 95 percent. Sales volume in Russia exceeded a quarter million vehicles. Opel/Vauxhall, Chevrolet and Cadillac reported sales growth in Europe. Strong performance by the new Corsa, Astra, Meriva and Zafira led Opel/Vauxhall sales to more than 4 percent growth. Chevrolet achieved record sales of 458,000 vehicles, up nearly 34 percent. Cadillac sales were up 45 percent. Saab sold nearly 85,000 vehicles.

Several of GM's regional brands also experienced notable growth in 2007.

Saturn sales in North America were up 8 percent compared with 2006, largely on the popularity of the new 2007 AURA, AURA Hybrid, SKY, OUTLOOK, VUE, and VUE Green Line Hybrid.

GM Holden sold 158,000 vehicles in 2007 as the Commodore remained Australia's best-selling car for the 12th consecutive year. Holden held its second-place position in the country's automotive market. 2008 marks Holden's 60th anniversary producing Australia's first locally-developed vehicle.

Note: Global sales results are based on preliminary numbers reported.

General Motors Corp. (NYSE: GM), the world's largest automaker, has been the annual global industry sales leader for 76 years. Founded in 1908, GM today employs about 274,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2006, nearly 9.1 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at www.gm.com.

Note: GM sales and production results are available on GM Media OnLine at http://media.gm.com/us/gm/en/ by clicking on News, then Sales/Production. In this press release and related comments by General Motors management, we use words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions to identify forward-looking statements, representing our current judgment about possible future events. We believe these judgments are reasonable, but actual results may differ materially due to a variety of important factors. Among other items, such factors might include: the pace of introductions and market acceptance of new products; the effect of competition on our markets and significant changes in the competitive environment; price increases or shortages of fuel; and changes in laws, regulations or tax rates. GM's most recent annual report on Form 10-K and quarterly report on Form 10-Q provide information about these factors, which may be revised or supplemented in future reports to the SEC on Form 10-Q or 8-K.

[Source: GM]

Honda Sales Up For 2007... Acura Not So Much

Matt Hardigree — Thu, 03 Jan 2008 18:00:00 EST

Honda recorded it's 14th consecutive year-over-year sales increase after selling 1.55 million vehicles in 2007, up 2.5% over 2006. For the month of December, Honda's sales were up by 14 vehicles to 131,972 compared to 131,778 cars in the previous year. "We sold 14 more Fits, break out the bubbly!" The Accord saw a year-over-year sales increase of 10.3%, the Civic 4.2%, the CR-V 28.5% and the Fit 101.4% to 56,432 vehicles. Acura saw a year-over-year decrease of 10.8%, due in part to aging models and increased competition from Infiniti, Lexus and Cadillac. The only two Acura models to show increases in 2007 were the MDX (7.9%) and the RDX (154%), though the RDX didn't go on sale until late 2006. Overall hybrid sales for 2007 were down 4.5%, due primarily to the Accord Hybrid being dropped in September. Full press release below the jump.

American Honda Posts 11th Consecutive Year of Record Sales in 2007

American Honda Motor Co., Inc., today announced record sales results for the 11th consecutive year. Sales from both Honda and Acura Divisions totaled 1,551,542 and pushed American Honda annual sales up 2.5 percent, based on the daily selling rate*. The results also mark the company's 14th consecutive year-over-year sales increase. American Honda's December sales totaled 131,792 vehicles, a slight increase versus December, 2006.

2007 American Honda sales highlights:

* Record total vehicle sales of 1,551,542 (up 2.5 percent)
* 11th consecutive yearly sales record
* 14th consecutive year-over-year sales increase
* Record light-truck sales of 669,327 (up 0.3 percent), representing 43 percent of total vehicle sales
* Individual vehicle sales records for Honda CR-V, Fit, Civic Hybrid and Acura RDX

"This was definitely a challenging year to be in the car business, and 2008 isn't likely to be a piece of cake," said Dick Colliver, executive vice president of American Honda. "Honda continues to benefit from its position as the most fuel-efficient car company in America**, and we have some great new products coming in the new year that will keep our momentum going."

Honda Division posted its 14th consecutive year-over-year sales increase, up 4.5 percent in 2007 to 1,371,438 vehicles. Annual Accord sales increased 10.3 percent to 392,231. CR-V annual sales of 219,160 increased 28.5 percent and set a fourth consecutive yearly record. Fit sales of 56,432 increased 101.4 percent. Civic Hybrid sales set an annual record for the sixth consecutive year with an increase of 3.9 percent to 32,575. Setting December monthly sales records were the CR-V, with sales of 18,659, up 7.6 percent; Civic with sales of 27,190, up 15.2 percent; Civic Hybrid, with sales of 3,223, up 33.8 percent; and Fit, with sales of 5,118, up 129.3 percent.
"The all-new Accord is off to a smoking start, and three Honda models set all-time records for 2007," said Colliver. "Offering fuel efficiency and value along with a fun driving experience continues to be a recipe for success."

2007 Honda Division sales highlights:

* 12th consecutive record Honda Division sales of 1,371,438 (up 4.5 percent)
* 14th consecutive year-over-year sales increase
* Record full-year sales of CR-V, Fit and Civic Hybrid
* Accord sales increased 10.3 percent for the year, to 392,231 units

2007 Acura total year end sales reached 180,104 vehicles, and for a second consecutive year, Acura light trucks posted record year-end sales, eclipsing 2006 by 29.1 percent. December sales of all Acura models rose dramatically over November with TL recording 5,988 sales, MDX posting 5,906 sales, TSX logging 2,838 vehicles and RDX posting 2,263 units for the month. [Source: Honda]

Chrysler Sales Also Down In 2007, Completes The Domestic Hat Trick

Matt Hardigree — Thu, 03 Jan 2008 17:15:00 EST

Unlike GM and Ford, Chrysler saw an increase of 1% in sales for December 2007 compared the previous December. That's what they'd like you to focus on, please. They'd rather you ignore the fact that for 2007 total sales were 2.08 million vehicles, a decrease of 3% from 2006. The Chrysler brand saw a year-over-year decrease of 10% due to decreasing sales from the 300, PT Cruiser and Pacifica, as well as a decrease in Town & Country sales as customers waited for the new model. Jeep saw an increase in sales of 3% in 2007, led by the new Jeep Compass and the Wrangler. Dodge stayed near steady, losing just 2%. The introduction of the new Town & Country/Caravan helped the company's performance in December and should continue to do so into the next year. Full press release below the jump:

Total Chrysler LLC December 2007 Sales Up 1 Percent on the Strength of Retail; Demand for Chrysler Town & Country and Dodge Grand Caravan Continues to Grow

Built on the strength of retail, Chrysler LLC's total U.S. sales for December 2007 were 191,423 units; an increase of 1 percent compared with December 2006 sales of 190,415 units. Fleet sales for the month were down, as compared with December 2006. For 2007, total Chrysler LLC sales were 2,076,650, a decrease from 2006 of 3 percent from the 2,142,505 units sold in 2006. All sales figures are reported as unadjusted.

"On behalf of our leadership team, I would like to extend my thanks and appreciation to the entire Chrysler network for a strong finish to 2007 and a solid December," Bob Nardelli, Chairman and Chief Executive Officer, said. "Today is a great demonstration of what can be done when all of our employees, dealers and suppliers come together, demonstrating that the organization and its partners are fully aligned and focused on meeting the needs of our customers and being competitive in the industry."

"December proves that when you offer customers products with great value, they respond favorably," Jim Press, Vice Chairman and President, said. "In 2007, we launched eight all-new vehicles including the Jeep® Grand Cherokee diesel, Chrysler Sebring Convertible and the all-new Swivel 'n Go™ minivans. And we are continuing to invest in new product, including new fuel-efficient powertrains. For 2008, we'll offer six vehicles with 28 miles per gallon or better highway fuel economy. This combined with the best-in-industry Lifetime Powertrain Warranty in our Chrysler, Jeep, and Dodge vehicles is bringing more customers to our showrooms."

Chrysler brand truck sales rose 7 percent for the month led by the all-new Chrysler Town & Country which posted a gain of 31 percent year-over-year. Chrysler Town & Country sales for the month were 14,211 units compared with 10,877 units in December 2006.

Dodge brand sales were up 11 percent for December led primarily by Dodge Grand Caravan sales of 21,326 units, up 51 percent. Previous year sales were 14,095 units.

"With the new Dodge lineup and products like Avenger and Charger, we are finding the brand is attracting new buyers today," Deborah Meyer, Chief Marketing Officer said. "Twenty-seven percent of Dodge buyers are under 35 years of age; and 64 percent are less than 45 years of age and female."

The Chrysler Town & Country and Dodge Grand Caravan held Chrysler's leadership in the minivan segment. Both vehicles offer the exclusive Stow 'n Go® seating and storage system — another minivan innovation.

Overall Jeep brand sales declined 3 percent based on planned fleet reductions. Jeep Wrangler sales were up 4 percent for the month with 9,007 units versus 8,623 units for December 2006. With 119,243 units sold in 2007, Jeep Wrangler sales surpassed 100,000 units with an all-time sales record, versus 80,271 sold in 2006, up 49 percent.

"We're thankful to our customers for the response they've shown to our products," Steven Landry, Executive Vice President — North American Sales said. "Jeep Wrangler is one example with an all-time sales record for the year that surpasses 100,000 units. With new models, bold designs and fuel efficient alternatives, we're excited about the products like the Dodge Journey, Challenger and Ram, and the launch of two new SUV hybrids — the Chrysler Aspen and Dodge Durango and believe we're well positioned for 2008."

Chrysler finished the month with 438,390 units of inventory, or a 60-day supply. Inventory is down by 19 percent compared with December 2006 when it was at 538,438 units. [Source: Chrysler LLC]

GM Sales Decrease In 2007, But People Love The Aveo

Matt Hardigree — Thu, 03 Jan 2008 16:00:00 EST

GM was able to find customers for 3.87 million vehicles in 2007, which is a decrease of 6% compared with 2006. Overall, GM predicts market share will be flat as there's much less daily rental share (as planned, they'll remind you). The two brands that did well in 2007 compared to last year were GMC (up 5.1%) and Saturn (up 6.1%). For December, GM was only down 5% compared with a year ago, though Aveo sales were up 82%. Hummer continues to slide with a decrease of 23.0% in December 2007 compared to December 2006. In case you were wondering GM, that's Toyota in your mirrors. Press release below the jump.

GM Reports 323,453 December Deliveries; 3.87 Million Vehicles Sold in 2007

DETROIT - GM dealers in the United States delivered 323,453 vehicles in December, down 5 percent compared with a year ago. With 257,469 retail vehicle deliveries, retail sales for the month were up 1.5 percent.

GM delivered 3.87 million vehicles in 2007, down 6 percent compared with 2006. GM's retail market share is anticipated to be flat for the year, with daily rental share down significantly, as planned.

"We've executed our Go-to-Market strategy throughout the year, and the results show stabilized retail share and net price, reduced daily rentals, improved residual values, smaller inventories and outstanding launch vehicle performance," said Mark LaNeve, GM North America vice president, Vehicle Sales, Service and Marketing. "Growing our share in key car segments is integral to our strategy. The retail performance of the new Chevrolet Malibu and Cadillac CTS, Saturn AURA, Pontiac G6 and the fuel-efficient Chevrolet Aveo, Cobalt and Pontiac G5, demonstrates the enthusiasm customers have for these outstanding vehicles."

December Performance Highlights:

* Chevrolet, Pontiac, Buick, GMC and Saturn divisions saw retail increases year-over-year
* GM's retail car deliveries increased 15 percent based on the strength of the all-new Chevrolet Malibu, 2008 Cadillac CTS and fuel-efficient Chevrolet Aveo, Cobalt, Pontiac G5 and G6. Aveo sales were up 82 percent
* Chevrolet Impala and Malibu combined were 24,000 retail sales, the best Chevrolet mid-car month since July 2006
* Enclave, OUTLOOK and Acadia crossovers exceeded 14,000 retail sales; GM's mid-utility crossover segment was up 275 percent. Enclave had a record month.
* Chevrolet Silverado, Avalanche and GMC Sierra full-size pickups built retail market share with more than 69,000 vehicles sold
* Retail vehicles, as a percent of total deliveries, increased more than 5 percentage points to 80 percent
* Dealer inventories were down 147,000 vehicles year-over-year

"The Malibu, CTS and Enclave have some of the fastest turn rates in the industry and we've seen Malibu retail sales increase nearly 100 percent compared with a year ago," LaNeve added. "I was particularly encouraged to see that even though we doubled Malibu sales and basically sold them as soon as they hit dealer lots, the Impala also had a terrific month. More and more customers are realizing that the best mid-car values are no longer at an import dealership."

2007 Performance Highlights:

* Dealer inventories were at their lowest level going into January in 13 years
* GMC and Saturn divisions had total and retail increases for the year
* Enclave, OUTLOOK and Acadia crossovers exceeded 122,000 retail sales; GM's mid-utility crossover segment was up 333 percent retail
* Daily rental sales were reduced 108,000 vehicles; GM was at its lowest level of daily rental sales in 9 years (about 596,000 vehicles), while significantly boosting content and resale value. Commercial/government fleet sales were up about 5,000 vehicles
* Anticipated retail share stabilized at about 21 percent
* Retail vehicles, as a percentage of total deliveries, increased 1 percentage point to 74 percent

"The Chevrolet Tahoe Hybrid and Malibu, Buick Enclave and Cadillac CTS have been named finalists in the North America Car and Truck of the Year Awards, so our vehicles are being recognized as world-class," LaNeve said. "While we've seen a challenging market in 2007, we are offering shoppers the best products and value available. A shining example is Saturn's roughly 12-percent retail increase in 2007, being driven by the AURA, SKY, VUE and OUTLOOK. We believe the industry will be much more resilient than many forecasts and look forward to 2008."

Quality, reliability and durability (QRD) remain key factors for customers when purchasing a new vehicle. GM's 5 Year/100,000 Mile Powertrain Limited Warranty continues to make GM a better choice for customers. GM's coverage focuses on the complete ownership experience and includes other provisions that competitors do not offer, including transferability to the next owner, more complete coverage of parts, and coverage for new and certified used vehicles. In addition, GM offers superior complementary programs, such as courtesy transportation and roadside assistance.

Certified Used Vehicle Sales

December 2007 sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saturn Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 35,930 vehicles, down 14 percent from last December.

GM Certified Used Vehicles, the industry's top-selling certified brand, posted December sales of 30,375 vehicles, down 15 percent. Cadillac Certified Pre-Owned Vehicles sold 3,369 vehicles, down 15 percent. Saturn Certified Pre-Owned Vehicles sold 1,564 vehicles, up 16 percent. Saab Certified Pre-Owned Vehicles sold 480 vehicles, down 18 percent, and HUMMER Certified Pre-Owned Vehicles sold 142 vehicles, up 9 percent.

Total 2007 sales for all certified GM brands were 516,039 vehicles, down 1 percent. Annual sales for GM Certified Used Vehicles were 451,565 units, up 1 percent from its category-leading sales results in 2006, while Chevrolet again finished the year as the industry's top-selling single-make certified used vehicle brand.

Cadillac Certified Pre-Owned Vehicles finished 2007 with sales of 38,777 vehicles, down 8 percent from 2006. Saab Certified Pre-Owned Vehicles sold 7,348 vehicles, down 12 percent, while Saturn Certified Pre-Owned Vehicles sold 17,008 vehicles, down 12 percent, and HUMMER Certified Pre-Owned Vehicles sold 1,341 vehicles in 2007, a 33 percent increase.

"In a challenging sales environment, GM Certified finished 2007 as the industry's top-selling manufacturer-certified brand for the sixth consecutive year, while Chevrolet again ranked as the industry's top-selling single-line make certified used brand," said LaNeve.

"GM's reduction in sales to daily rental customers in 2006 and 2007 will have an impact on the GM Certified business in 2008, since daily rental buy-backs have long been a primary source of GM Certified inventory for dealers," LaNeve added. "However, GM Certified shoppers can look forward to finding better-equipped cars and trucks to choose from as higher-contented off-rent vehicles make their way into GM Certified inventory this year."

GM North America Reports December and Fourth-Quarter 2007 Production, 2008 First-Quarter Production Forecast Unchanged at 950,000 Vehicles

In December, GM North America produced 252,000 vehicles (71,000 cars and 181,000 trucks). This is down 66,000 units or 21 percent compared to December 2006 when the region produced 318,000 vehicles (124,000 cars and 194,000 trucks). (Production totals include joint venture production of 15,000 vehicles in December 2007 and 16,000 vehicles in December 2006.)

GM North America built 1.042 million vehicles (358,000 cars and 684,000 trucks) in the fourth-quarter of 2007. This is down 65,000 vehicles or 6 percent compared to fourth-quarter of 2006 when the region produced 1.107 million vehicles (446,000 cars and 661,000 trucks). Additionally, the region's 2008 first-quarter production forecast remains unchanged at 950,000 vehicles (344,000 cars and 606,000 trucks). [Source: GM]

Toyota Sales 2007 Sales Up, Up & Away In 2007

Matt Hardigree — Thu, 03 Jan 2008 15:30:00 EST

Toyota continued to muscle its way into more market share with best ever year-end sales of 2.6 million vehicles, up 2.7% over 2006. If you're paying attention, that's slightly more than Ford... thus putting Toyota as the #2 automaker. All hail our new hybrid overlords. For the month of December the automaker was down 1.7% from December 2006, which seems to be a theme with most large volume automakers. For 2007 the Toyota Division reported sales up 2.7% from 2006, with Lexus reporting an increase of 9.1% over the same period. It's interesting to note that Toyota sold 277,750 hybrids in 2007, up 44% from 2006. The Lexus LS 460/460L and 600h L saw a combined increase in sales of 35,226 units, an increase of nearly 80% over the 2006 LS models. Full press release below the jump.

Toyota Reports 2007 And December Sales

January 3, 2008 - Torrance, CA - With 12 consecutive years of record-breaking sales, Toyota Motor Sales (TMS), U.S.A., Inc., today reported best-ever year-end sales of 2,620,825 vehicles, up 2.7 percent over 2006.

"Great products and value drive a volatile market and put the consumer in the driver's seat," said TMS President Jim Lentz. "Toyota, Lexus and Scion deliver on both."

Toyota Division recorded best-ever year-end sales of 2,291,648 vehicles, up 2.9 percent over the prior year. Lexus retained its position as the best-selling luxury brand in America for the eighth consecutive year, selling a best-ever total of 329,177 units in 2007, up 1.8 percent over 2006. With overall sales of 130,181, the Scion line of vehicles contributed to the record sales year.

TMS reported December sales results of 224,399, a decrease of 1.7 percent from the same period last year.

Toyota Division
Toyota Division reported December sales of 189,844 units. Toyota Division passenger cars recorded December sales of 101,741 units, with best-ever year-end sales of 1,313,651 units, up 2.7 percent over last year. For the year, passenger-car sales were led by Camry, which posted annual sales of 473,108, an increase of 5.2 percent. Corolla posted year-end sales of 371,390. The Yaris subcompact reported year-end sales totaling 84,799, up 20.2 percent over 2006 sales. Prius gas-electric hybrid mid-size sedan reported sales of 14,212 units for a best-ever December and best-ever year-end sales of 181,221 units, up 68.9 percent over 2006.

Toyota Division light trucks reported December sales of 88,103 units, with best-ever year-end sales of 977,997, an increase of 3.2 percent over 2006. Light truck sales were led by the all-new Tundra with best-ever year-end sales of 196,555, up 57.4 percent over the prior year. RAV4 compact sport utility vehicle reported best-ever year-end sales of 172,752, up 13.2 percent over last year.

Scion reported December sales of 8,944 units. The Scion xB urban utility vehicle recorded December sales of 3,785 units with year-end sales totaling 45,834. The tC sports coupe reported December sales of 3,507 units with year-end sales reaching 63,852 units.

Lexus Division
Lexus reported December sales of 34,555 units, down 7.2 percent from the year-ago month. Lexus passenger cars reported December sales of 19,840 units and achieved best-ever year-end results of 200,334 units, up 9.1 percent over 2006.
Lexus passenger car sales were led by the ES 350 luxury sedan with December sales of 8,005 units and best-ever year-end sales of 82,867, an increase of 8.7 percent over 2006. The IS 250 and IS 350 luxury sport sedans recorded combined best-ever December sales of 5,651 units and combined best-ever year-end sales of 54,993 units, an increase of 0.9 percent. The LS 460/460 L and new LS 600h L luxury sedans reported combined December sales of 3,257 and year-end sales of 35,226 units, an increase of 79.6 percent over 2006.
Lexus Division light trucks reported December sales of 14,715 units and year-end sales of 128,843 units. The RX 350 and RX 400h enjoyed combined December sales of 11,835 units and year-end sales of 103,340 units, exceeding 100,000 units for the fourth consecutive year. The RX 400h luxury hybrid SUV reported sales of 17,291 units for the year.

TMS Hybrids
TMS calendar-year-to-date hybrid sales totaled 277,750 units, up 44 percent from
2006. In December, TMS posted sales of 24,269 hybrid vehicles, up 36 percent over last December. Toyota Division posted December sales of 21,972 hybrids and year-end sales of 257,765 units, up 51 percent over 2006. Lexus Division posted sales of 2,297 hybrids for the month and 19,985 units for the year.

There were 307 selling days in 2007, as compared to 306 selling days in 2006. There were 26 selling days this sales month and last December. [Source: Toyota]

Have You Driven A Ford Lately? Probably Not. Ford Sales Down In December, 2007

Matt Hardigree — Thu, 03 Jan 2008 14:30:00 EST

First, the bad news: sales for Ford were 212,094 for December, down 9% from the previous December. Ford's total 2007 sales were 2.57 million, down 12% compared with 2006. But there's a silver lining on that blue cloud as Lincoln posted a 9% increase in sales in 2007 after a significant realignment of their product and the success of the MKX. Land Rover also realized a 3.7% increase in sales for 2007, though this fact is overshadowed by the 24.2% decrease for India-bound Jaguar. The Ford F-Series truck was also the best-selling truck in 2007 for the 31st consecutive year, a record Ford refuses to ever abandon. Full press release below the jump:

CROSSOVERS, LINCOLN HIGHLIGHT FORD'S 2007 SALES PERFORMANCE; FURTHER GROWTH EXPECTED IN 2008

DEARBORN, Mich., Jan. 3, 2008 - Led by two new and three redesigned models, Ford, Lincoln and Mercury crossover utility vehicles paced the industry's fastest-growing segment with a gain of 62 percent in 2007, more than triple the industry-wide growth of 17 percent. In its first full year, Ford Edge sales were 130,125, exceeding Ford's original forecast by 30 percent. In December, Edge capped off the year with its best-ever retail sales month.

"Ford Edge is a great example of our plan to build products people really want to buy," said Jim Farley, Ford's group vice president, Marketing and Communications. "Demand is growing at a fast pace beyond the nation's heartland, our traditional region of strength."

Ford expects continued growth in crossovers in 2008 with the mid-year introduction of the Ford Flex.

Lincoln achieved full-year sales of 131,487, a 9 percent increase versus 2006. The Lincoln MKX crossover was the largest contributor to Lincoln's growth, but the MKZ sedan and Lincoln Navigator also helped spur Lincoln's momentum, which began in late 2006. The next new Lincoln was revealed at the Los Angeles Auto Show in November - the MKS sedan that will debut this summer.

Sales for the new Ford Focus were up 3 percent in December (9 percent at retail). Focus sales were up 18 percent in November, the first full month for the new model.

Ford's F-Series truck was America's best-selling truck in 2007 - the 31st year in a row - with full year sales of 690,589. F-Series was also the best-selling vehicle, car or truck, for 26 years in a row.

Ford's full-year 2007 sales totaled 2.57 million, down 12 percent compared with a year ago. Retail sales were down 10 percent and fleet sales were down 18 percent (including a 32 percent reduction in daily rental sales). More than two thirds of Ford's sales decline reflected discontinued products.

Ford's December sales totaled 212,094, down 9 percent compared with a year ago. Retail sales were down 13 percent and fleet sales were down 1 percent.

2008 Outlook
Ford expects the economic environment to remain challenging in 2008. Ford has said it expects the first half U.S. auto sales rate to be in the range of 15.5 to 16.0 million in the first half (light vehicle sales in the range of 15.2 to 15.7 million).

"We are restructuring our business to be profitable at lower demand and changed mix and accelerating the development of new products people want to buy," Farley said. "We have more work to do to reach our ultimate goal - profitable growth for all. But we have made progress in a short amount of time in several key areas."

Note: The sales data included in this release and the accompanying tables are based largely on data reported by dealers representing their sales to retail and fleet customers.

[Source: Ford]

Ford SYNC-ed Up With Customers, Selling Twice As Many SYNC Models

Matt Hardigree — Wed, 02 Jan 2008 10:15:00 EST

According to Ford, the company sold Ford, Lincoln and Mercury models equipped with the SYNC system more than twice as fast as those same models without SYNC. While there's probably more to this than just the popularity of SYNC system (how many non-SYNC MKZ's get built?), it can't be ignored that people have to be motivated to fork over the $395 premium it takes to get one on non-standard models. Until other automakers step up, Ford will continue to benefit from the system. Press release below the jump.

SYNC SPARKING SALES, SATISFYING CUSTOMERS

DEARBORN, Mich., Jan. 2, 2008 — In 26 years of selling cars and trucks, Ken Venema says he has never seen a feature impress customers like Ford's SYNCTM.

"I must have a half-dozen sales because of SYNC. I strongly believe that," said Venema, a sales consultant at Pfeiffer Lincoln Mercury in Grand Rapids, Mich. "I'm sold on it. And I'm sure glad Ford's got it."

The dealership even switched its radio spots recently from advertising price to promoting SYNC.

"I am using (SYNC) as a showroom builder. I am pumped on it because it's something that we can offer the market that doesn't focus on price, and it's something we have that our competitors don't," said Kim Winkler, new car sales manager, Pfeiffer Lincoln Mercury.

SYNC, Ford's industry-exclusive technology that provides customers in-vehicle voice command compatibility with portable digital media players and most Bluetooth-enabled mobile phones, is helping drive vehicles sales across the country.

SYNC-equipped Ford, Lincoln and Mercury vehicles were moving more than twice as fast off dealer lots in November than those same vehicles without SYNC. And customer satisfaction is high.

According to a Ford survey of SYNC customers, nearly 80 percent of respondents "definitely would" recommend it to a friend. Microsoft, which collaborated with Ford on the technology, was very encouraged.

"It's early in SYNC's launch — we'll know more about its impact in a few months — but so far all indicators are extraordinarily positive," explained John Emmert, SYNC marketing manager, Ford Motor Company.

The survey also revealed that most customers thought SYNC was easy to use, and that dealers were helpful in explaining and demonstrating the new technology.

Sales consultant Everton McLeod of Manhattan (N.Y.) Ford says extensive in-dealership training prior to SYNC'S launch was very beneficial.

"It wasn't like they just told us about it. Everybody had to do something — pair a phone, dial a number — so the instructor could see that we actually grasped what he taught us," said McLeod.

SYNC is also hitting its targeted customers, which include a savvy, tech-toting younger demographic as well as an older group that likes the convenience of hands-free mobile phone operathttp://blogs.gawker.com/mt.cgi?__mode=view&_type=entry&blog_id=12#ion.

Emmert says Ford employees frequently stop him at work to relate stories about SYNC's ability to raise awareness and purchase consideration for the company's products among relatives and friends who swore off domestic vehicles years ago.

"When you think about a feature having the power to put Ford back on customers' shopping lists, it's pretty impressive," he said.

SYNC currently is offered on 12 Ford, Lincoln and Mercury models. The first SYNC-equipped vehicles, including the redesigned 2008 Ford Focus, began reaching customers in late September. When offered as an option, the system is priced at $395. [Source: FORD]

Chrysler Sales Down 2% or Up -2% Depending on Perspective

Matt Hardigree — Mon, 03 Dec 2007 17:00:00 EST

Overall, Chrysler moved 161,088 new vehicles in November, down approximately 2.0% compared to 2006. Home prices, fuel prices, squirrel attacks, blah blah blah. The good news is that Chrysler brand car sales are up 9%, Sebring Convertible sales are up 946% (mayhaps a bit misleading) and Dodge sales up 6%. The bad news is that overall Chrysler Brand vehicles are down 13% thanks to a decrease in sales of the PT Cruiser (-50%), Aspen (-36%) and Pacifica (-35%). Jeep lost 2% due to decreases at both ends with the Commander sliding 28% and Compass sliding 45%. More fun with numbers in the press release below the jump:

Chrysler LLC Announces Overall November 2007 U.S. Sales Down 2 Percent as Consumer Spending Remains Flat * Chrysler brand car sales rise 9 percent over November 2006; led by Sebring Convertible * Chrysler Town & Country up 10 percent on the success of the new model * Jeep® brand sales down 2 percent year-over-year * Dodge brand sales up 6 percent from the same period last year led by Dodge Avenger, Charger, and Nitro * Dealer inventory down 4 percent or 18,612 units versus November 2006

Auburn Hills, Mich., Dec 3, 2007 -

Chrysler LLC dealers delivered 161,088 new vehicles to U.S. customers in November 2007, down 2 percent compared with a year ago. All sales figures are reported as unadjusted.

"Despite consumer concerns, Chrysler LLC sales are off only 2 percent showing customers are still purchasing quality and value. High fuel prices and falling home prices continue to impact vehicle sales in November which remain below trend," said Darryl Jackson, Vice President - U.S. Sales. "We remain optimistic moving into December due to the growing availability of new models, including Chrysler Town & Country, Dodge Grand Caravan and the Jeep Liberty."

Chrysler brand car sales were led by the Sebring Convertible, which increased sales to 2,039 units compared with 195 units a year ago, up 946%. Chrysler Town & Country sales rose 10 percent to 12,629 units versus November 2006 with 11,507 units.

High fuel prices impacted Jeep® brand results, down 2 percent versus November of last year. Large SUVs saw the greatest impact with Jeep® Commander down 45 percent at 4,391 units versus November 2006.

Dodge brand car sales increased 75 percent over last year by steady sales of the Dodge Charger with 10,341 units delivered.

"The recently launched "Event of a Lifetime" program has resonated well with customers and will be continued through January 2, 2008," said Michael Keegan, Vice President - Volume Planning and Sales Operations. "We continue to offer customers a great value package and on select 2008 models we will extend the 0% APR through 60 months."

Chrysler finished the month with 480,424 units of inventory, or an 75-day supply. Inventory is down by 4 percent compared to November 2006 when it was at 499,036 units. [Source: Chrysler]

Toyota Sales Up Overall, Lexus Down Despite Giant Red Bows

Matt Hardigree — Mon, 03 Dec 2007 16:30:00 EST

This is what we get for putting too much faith in fancy wrapping paper. Toyota Motor Company was able to move 197,189 vehicles in November, up 0.3% from the previous year (break out the champagne). Despite disruptions in the housing market and increased fuel costs, Toyota moved approximately 6.2% more passenger cars. This includes a 109.0% increase in Prius sales. Lexus was down 7.0% for the month, with less people buying Lexus SUVs and large sedans. Gas prices didn't slow down sales of the Tundra, which increased 43.2%, though a dated design hurt sales of the Tacoma. Full press release below the jump:

Toyota Reports November Sales

December 3, 2007 -Torrance, CA - Toyota Motor Sales (TMS), U.S.A., Inc., today reported best-ever November sales of 197,189 vehicles, an increase of 0.3 percent over last November.

"Rising fuel prices and sliding home values delivered a one-two punch this month," said Jim Lentz, TMS executive vice president. "But the industry's not down for the count. Demand for fresh, more fuel-efficient products continues to show strength."

The Toyota Division posted best-ever November sales of 172,341, an increase of 1.4 percent over last November.

Toyota Division
Toyota Division passenger cars recorded best-ever November sales of 98,749 units, up 6.2 percent over last November. Passenger-car sales were led by Camry, which posted best-ever November sales of 35,409, an increase of 3.6 percent over the same period last year. Camry Hybrid reported sales of 5,118 units in November, up 65 percent over November 2006. The Prius hybrid gas-electric mid-size sedan posted best-ever November sales of 16,737, an increase of 109 percent over last November. Corolla reported November sales of 25,012 units.

Toyota Division light truck sales were down 4.4 percent, with November sales of 73,592 units. Light truck sales were led by the all-new Tundra full-size pickup with best-ever November sales of 14,988, an increase of 43.2 percent over the year-ago month. The RAV4 compact sport utility vehicle reported November sales of 12,354, up 8.1 percent over the same period last year. Highlander and Highlander Hybrid posted combined best-ever sales of 12,312 in November, up 10.9 percent over last November. The Highlander Hybrid gas-electric mid-size SUV reported sales of 2,577 units for the month.

Scion posted November sales of 9,619 units. The tC sports coupe led the way with November sales of 3,845 units. The xB urban utility vehicle posted November sales of 3,842 units, an increase of 10.4 percent over last November.

Lexus Division
Lexus passenger cars reported November sales of 14,892 units, a decrease of 7.8 percent from November 2006. Passenger-car sales were led by the ES 350 luxury sedan with November sales of 5,902 units. The IS 250/350 luxury sport sedan was up 6.9 percent with sales of 3,849. The LS 460/460 L and new LS 600h L luxury sedans reported combined sales of 2,668. The LS 600h L hybrid luxury sedan posted sales of 170 units for the month. The GS 350 luxury sport sedan had sales of 1,989, up 19.5 percent, while the GS 460/450h posted combined sales of 216, an increase of 10.2 percent.

Lexus Division light trucks reported November sales totaling 9,956 units, a decrease of 5.7 percent from the year-ago month. The RX 350 and RX 400h posted combined November sales of 8,038 units. The RX 400h hybrid luxury utility vehicle reported sales of 1,674 units for the month, an increase of 26 percent.

TMS Hybrids
TMS calendar-year-to-date hybrid sales totaled 253,466 units, an increase of 45 percent over the same period last year. In November, TMS posted sales of 26,376 hybrid vehicles, up 85 percent over last November. Toyota Division posted sales of 24,432 hybrids, up 91 percent over November 2006. Lexus Division posted sales of 1,944 hybrids, an increase of 29 percent over last November.

There were 25 selling days this month and last November. [ Source: Toyota]

Honda Sales up 4.7% for November, No One Wants an Acura for Hanukkah

Matt Hardigree — Mon, 03 Dec 2007 16:00:00 EST

American Honda Motor Company reported record November sales of 111,431 Honda and Acuras, up 4.7% over the previous year. With the exception of the Accord Hybrid and S2000, all Honda models posted increases, including a 25.2% increase for the new Accord and a 106.0% increase for the Fit. On the other hand, Acura sold only 12,910 vehicles, down 24.9% from the previous November. This isn't surprising given newer models from Infiniti and increased competition from Cadillac. Also, there aren't enough commercials of people buying TSX's with bows on the roof. The full details below the jump:

American Honda November Sales Up 4.7 Percent to New Record

American Honda Motor Co., Inc., posted record November sales of 111,431 Honda and Acura vehicles, up 4.7 percent*, surpassing the previous November 2006 record of 106,446, the company announced today.

American Honda year-to-date sales increased 2.7 percent* to 1,419,750. Honda Division year-to-date sales increased 4.8 percent to 1,257,228.

Honda Division posted record November sales of 98,521, up 10.4 percent compared to last year. November records for individual models included the CR-V with sales of 16,498, up 1.6 percent, and the Fit, with sales of 5,361, up 106.0 percent for the month. Sales of the all-new Accord increased 25.2 percent to 28,161. Sales of the Civic increased 24.8 percent to 25,141; the Civic Hybrid increased 46.6 percent to 3,238.

"Even In these uncertain times, our bread-and-butter products are showing real growth," said Dick Colliver, executive vice president of American Honda. "The all-new Accord continues to set a blistering pace with sales up by more than 25 percent."

Acura Division posted sales of 12,910 for November. The MDX sport utility vehicle led the division with sales of 4,891. November sales of the TL performance luxury sedan totaled 4,064; the TSX sports sedan totaled 1,884. Sales of the RDX sport utility vehicle totaled 1,679.

*The daily selling rate (DSR) is calculated with 25 days for November 2007 and 25 days for November 2006. Year to date, the DSR is calculated with 281 days for 2007, versus 280 days for 2006. All percentages reflect DSR. [Source: Honda]

GM Reports an 11% Decrease in Sales for November

Matt Hardigree — Mon, 03 Dec 2007 14:30:00 EST

It was a rough November for GM, with the company reporting total sales of 263,654 vehicles, representing a drop of 11% from November 2006. Though this can be partially blamed on a planned reduction in rental fleet sales, the big news is that the General is have a rough time selling trucks, with a 14.9% year-over-year decrease in light trucks/SUV's and a 15.5% in trucks. Hummer stumbled as well, with a 30.5% year-over-year decrease. In the silver lining department, the new CTS has seen a 15% increase in sales and the Chevy Malibu is up 40% compared to last year (pushing overall Chevy car sales up 15%). None of this would have happened if they'd have landed the Knight Rider gig. The full report below the jump:

GM Reports 263,654 November Deliveries; Retail Car Deliveries Up

* Chevrolet Malibu Retail Sales Up 40 Percent; Chevy Cars Up 15 Percent
* All-New CTS Drives 15 Percent Cadillac Car Sales Increase
* Enclave, OUTLOOK and Acadia Crossovers Post Strong Retail Sales
* Dealer Inventories Down 97,000 Vehicles Year-Over-Year
* Planned Daily Rental Sales Reduction of 28.5 Percent

DETROIT - After three consecutive monthly increases, GM dealers in the United States delivered 263,654 vehicles in November, down 11 percent compared with a year ago, reflecting continuing reductions in daily rental sales and softening industry demand.

GM's retail car deliveries increased, based on the strength of the all-new Chevrolet Malibu, 2008 Cadillac CTS and fuel-efficient Chevrolet Aveo, Cobalt, Pontiac G5 and G6.

"Integral to our strategy is to grow our share in the key car segments. The retail performance, especially from the new Chevrolet Malibu and Cadillac CTS, demonstrates the enthusiasm customers have for these outstanding new vehicles," said Mark LaNeve, GM North America vice president, Vehicle Sales, Service and Marketing. "The recognition of the 2008 CTS as Motor Trend's Car of the Year reinforces what we are hearing from customers about this phenomenal car. And, not to be outdone, the new Malibu is flying off dealer lots."

There were several bright spots in retail deliveries, led by brisk sales in the economy, small, mid and luxury car segments and mid-utility crossovers. Chevrolet retail car sales were up more than 15 percent, Cadillac retail car sales, driven by a 48-percent increase in CTS sales, were up more than 13 percent and Pontiac retail car sales were up more than 8 percent. Total retail deliveries were down 9.7 percent, largely due to reduced availability of 2007 models after a strong sell-down in September and October.

"The Malibu, CTS and Enclave have some of the fastest turn rates in the industry," LaNeve added. "We've added production capacity at our Orion Assembly plant for Malibu to keep up with growing demand and dealer orders."

Together, GM's mid-utility crossovers (Buick Enclave, Saturn OUTLOOK and GMC Acadia) sold nearly 13,000 vehicles at retail. Saturn retail truck sales, driven by the OUTLOOK, were up more than 35 percent. Chevrolet HHR retail sales were up 60 percent.

The Pontiac and GMC divisions showed retail sales increases.

GM continued to reduce sales to daily rental fleets, down more than 14,000 vehicles, or almost 29 percent compared with a year ago. Total fleet sales were down 16 percent.

Retail sales for the month, as a percentage of total sales, showed an increase of more than one percentage point (to 74 percent of total sales) compared with a year ago.

Vehicle inventories were down 97,000 vehicles compared with year-ago levels and stood at about 993,000 vehicles at the end of the month.

Quality, reliability and durability (QRD) remain key factors for customers when purchasing a new vehicle. "GM provides the best coverage in the industry. We take care of the vehicle and the owner like no other manufacturer," LaNeve added. An increasing number of consumers cite GM's willingness to stand behind its quality as a reason to buy a new GM vehicle. GM's new 5 Year/100,000 Mile Powertrain Limited Warranty continues to make GM a better choice for customers. GM's coverage focuses on the complete ownership experience and includes other provisions that competitors do not offer, including transferability to the next owner, more complete coverage of parts, and coverage for new and certified used vehicles. In addition, GM offers superior complementary programs, such as courtesy transportation and roadside assistance.

Certified Used Vehicle Sales

November 2007 sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saturn Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 37,946 vehicles, down nearly 11 percent from last November. Total year-to-date certified GM sales are 479,946 vehicles, up 0.3 percent from the same period last year.

GM Certified Used Vehicles, the industry's top-selling manufacturer-certified used brand, posted 32,748 sales, down 10 percent from last November. Year-to-date sales for GM Certified Used Vehicles are 421,190 vehicles, up 2 percent from the same period in 2006.

Cadillac Certified Pre-Owned Vehicles posted November sales of 3,227 vehicles, down 9 percent from last November. Saturn Certified Pre-Owned Vehicles sold 1,372 vehicles in November, up nearly 2 percent. Saab Certified Pre-Owned Vehicles sold 468 vehicles, down 54 percent, and HUMMER Certified Pre-Owned Vehicles sold 131 vehicles, up 17 percent.

"While November was a challenging sales month for certified GM brands, year-to-date GM Certified Used Vehicle sales are up 2 percent through November and we're in a position to set a new industry annual sales record for the manufacturer-certified category," said LaNeve.

GM North America Reports November 2007 Production, 2007 Fourth-Quarter Production Forecast Revised at 1.025 Million Vehicles, 2008 First-Quarter Production Forecast Set at 950,000 Vehicles

In November, GM North America produced 366,000 vehicles (134,000 cars and 232,000 trucks). This is up 5,000 units or 1 percent compared to November 2006 when the region produced 361,000 vehicles (148,000 cars and 213,000 trucks). (Production totals include joint venture production of 22,000 vehicles in November 2007 and 20,000 vehicles in November 2006.)

The region's 2007 fourth-quarter production forecast is revised at 1.025 million vehicles (350,000 cars and 675,000 trucks), up 25,000 units or 3 percent from last month's guidance. Additionally, the region's initial 2008 first-quarter production forecast is set at 950,000 vehicles (344,000 cars and 606,000 trucks), down 113,000 vehicles or 11 percent from first-quarter 2007 actuals. [Source: GM]

Ford Sales Up For First Time in 12 Months, Mission Accomplished!

Matt Hardigree — Mon, 03 Dec 2007 13:00:00 EST

It's taken 12 months of steady declines (strategic withdrawals) before Mark Fields could claim a victory in sales, by selling 182,951 cars in November. That's a whopping 0.4% increase over November 2006. Most surprisingly, the refreshed and SYNC-ed Ford Focus realized growth of 18% compared with last year. Sales of crossovers were up 119% compared with last year, thanks to the support of the Edge and MKX. How much of this is SYNC actually propelling sales or just a reflection of how poor things were last November is uncertain, but it's a bit of good news for the automaker. Press release below the jump

FORD EDGE, LINCOLN MKX SET CROSSOVER GROWTH PACE; CUSTOMERS ALSO SNAP UP HYBRIDS, CARS, SYNC

* Ford Motor Company sales totaled 182,951 in November, up 0.4 percent versus a year ago.
* All-new Ford Edge and Lincoln MKX paced Ford, Lincoln and Mercury crossovers to a sales increase of 119 percent; year-to-date crossover sales were up 63 percent.
* Ford Focus posts 18 percent sales gain and Ford Fusion sales were up 39 percent.
* SYNC-equipped units are turning fast and elevating opinions and consideration for Ford.
* Lincoln retail sales were higher for the 14th month in a row.
* Ford announces first quarter 2008 North American production.

DEARBORN, Mich., Dec 3 - Continued growth in crossover sales and increased demand for hybrids, fuel-efficient cars and Ford's industry-exclusive SYNC in-car connectivity technology drove Ford Motor Company's (NYSE:F) sales in November. Company sales totaled 182,951, up 0.4 percent versus a year ago. November marked the first sales increase following 12 months of declines.

"It is encouraging to see our newest cars, crossovers, hybrids and industry-first SNYC technology resonating with customers," said Mark Fields, president, The Americas. "Continuing to deliver more quality products that people really want and carefully gauging customer demand in the months ahead will help ensure we stay on track with our plan."

Consumer demand continues to grow for the all-new Ford Edge and Lincoln MKX crossover utility vehicles. Edge sales were 12,594 and Lincoln MKX sales were 3,360. Total sales of crossover utilities, including the redesigned Ford Escape, Ford Taurus X, and Mercury Mariner were 33,271, up 119 percent compared with a year ago. Escape Hybrid and Mariner Hybrid models set November sales records.

Sales of the new 2008 Ford Focus were up 18 percent compared with a year ago. Focus is one of 12 Ford, Lincoln and Mercury models equipped with SYNC, an affordable, industry-exclusive in-car connectivity technology that fully integrates most Bluetooth-enabled cell phones and MP3 players into a customer's driving experience.

"All of our SYNC-equipped models are turning quickly," said Fields. "Affordable technology that integrates mobile communication and entertainment devices appears to be resonating with consumers. Beyond that, SYNC appears to be changing opinions about Ford and elevating consideration for our products and brands."

Ford Fusion and Mercury Milan also contributed to the company's November sales increase. Fusion sales were up 39 percent and Milan sales increased 43 percent.

Lincoln continued its winning streak in November as retail sales climbed 4 percent. November marked the 14th straight month of higher retail sales for the premium brand. Total Lincoln sales in November were down 7 percent, reflecting lower fleet sales.

In November, Ford, Lincoln and Mercury sales to individual retail customers were 3 percent lower than a year ago. Sales to daily rental companies were down 6 percent, but sales to commercial fleet and government customers were up 25 percent.

North American Production

In the first quarter of 2008, the company plans to produce 685,000 vehicles in North America. This is the initial forecast of first quarter production. In the first quarter of 2007, the company produced 740,000 vehicles. Fourth-quarter 2007 production is 645,000 units, unchanged from the previously announced plan. [Source: Ford]

Canadians Taking American Cars, Leaving Barenaked Ladies

Matt Hardigree — Fri, 09 Nov 2007 14:30:00 EST

With the U.S. dollar falling even with Canadian currency, our northern neighbors are going loonie for American cars... or at least cars sold in America. According to the North American Automobile Trade Association, there's been a 68% increase in cross-border sales since September. This currency fluctuation provides another impetus for Canadians &mdash they already feel cheated when it comes to buying new cars, often paying thousands more than Americans for the same automobile.

In response, dealerships across Canada are lowering prices, offering cash incentives and giving out free hockey tickets. We're just waiting for a cross-border car accident between a Canadian driving his new Porsche and an American driving a Suburban loaded with prescription drugs. NAFTA! [National Post]