Monthly Car Sales news
10-03-2011, 03:25 PM
#2483
The sizzle in the Steak
10-03-2011, 03:25 PM
#2484
You'll Never Walk Alone
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It will take a while to get the numbers back up...just like how the numbers didn't fall instantly after the Earthquake....it will take time to actually make the cars...get the inventory level back up to normal level to have enough colors/trims for customers....it will take time for the cars to get shipped, etc. I would say let's visit this topic early next year.
10-03-2011, 04:16 PM
#2487
The sizzle in the Steak
^^ but it does follow the Acura "logic":
Slow to almost no selling vehicle: Keep it in the line-up (See RL, ZDX, RDX)
Big seller, high(er) volume vehicle: Kill it
Slow to almost no selling vehicle: Keep it in the line-up (See RL, ZDX, RDX)
Big seller, high(er) volume vehicle: Kill it
10-03-2011, 05:07 PM
#2488
The sizzle in the Steak
September by the numbers
September’s Numbers
Acura – Down 7 percent to 10,010
Audi – Up 19 percent to 9,725
BMW – Up 19 percent to 21,750
Buick – Up 6 percent to 13,599
Cadillac – Up 1 percent to 12,741
Chevrolet – Up 22 percent to 147,611
Chrysler – Up 36 percent to 23,559
Dodge – Up 10 percent to 40,073
Fiat – 2,773
Ford – Up 14 percent to 168,181
GMC – Up 28 percent to 33,194
Honda – Down 8 percent to 79,522
Hyundai – Up 12 percent to 52,051
Infiniti – Up 2 percent to 8,479
Jaguar – Up 15 percent to 1,111
Jeep – Up 24 percent to 35,565
Kia – Up 18 percent to 35,609
Land Rover – Up 10 percent to 2,740
Lexus – Down 12 percent to 14,995
Lincoln - Down 7 percent to 7,018
Maserati – Up 46 percent to 199
Mazda – Up 37 percent to 25,521
Mercedes-Benz – Up 13 percent to 23,428
Mitsubishi – Up 17 percent to 5,803
MINI – Down 18 percent to 3,999
Nissan – Up 28 percent to 84,485
Porsche – Up 10 percent to 2,170
Ram – Up 42 percent to 25,364
Saab – Down 62 percent to 429
Smart – Up 11 percent to 469
Subaru – Up Down 2 percent to 20,934
Suzuki – Up 23 percent to 2,026
Toyota (Includes Scion) – Down 18 percent to 106,456
Volkswagen – Up 36 percent to 27,036
Volvo – Up 21 percent to 5,042
BMW Group – Up 11 percent to 25,749
Chrysler – Up 27 percent to 127,334
Daimler – Up 13 percent to 23,901
Ford Motor Company – Up 9 percent to 175,199
General Motors – Up 20 percent to 207,145
American Honda – Down 8 percent to 89,532
Hyundai Group – Up 27 percent to 87,660
Jaguar Land Rover – Up 11 percent to 3,851
Nissan North America – Up 25 percent to 92,964
Toyota USA – Down 18 percent to 121,451
2010 YTD Numbers
Acura – Down 8 percent to 89,146
Audi – Up 15.5 percent to 73,590
BMW – U 13 percent to 177,679
Buick – Up 3 percent to 140,092
Cadillac – Up 8 percent to 113,190
Chevrolet – Up 15 percent to 1,353,943
Chrysler – Flat at 157,551
Dodge – Up 14 percent to 345,441
Fiat – 13,861
Ford – Up 18 percent to 1,538,909
GMC – Up 27 percent to 294,947
Honda – Down 6 percent to 770,651
Hyundai – Up 20 percent to 492,914
Infiniti – Down 4 percent to 72,181
Jaguar – Down 4 percent to 9,315
Jeep – Up 46 percent to 303,793
Kia – Up 37 percent to 367,405
Land Rover – Up 15 percent to 25,650
Lexus – Down 17 percent to 135,647
Lincoln - Up 3 percent to 64,841
Maserati – Up 26 percent to 1,704
Mazda – Up 10 percent to 191,315
Mercedes-Benz – Up 10 percent to 182,510
Mitsubishi – Up 59 percent to 65,875
MINI – Up 20 percent to 41,635
Nissan – Up 17 percent to 701,898
Porsche – Up 28 percent to 22,664
Ram – Up 25 percent to 188,765
Saab – Up 77 percent to 4,647
Smart – Down 21 percent to 3,757
Subaru – Up 1 percent to 195,550
Suzuki – Up 20 percent to 20,284
Toyota (Includes Scion) – Down 8 percent to 1,058,877
Volkswagen – Up 22 percent to 235,459
Volvo – Up 27 percent to 52,155
BMW Group – Up 14 percent to 219,314
Chrysler – Up 23 percent to 1,009,411
Daimler – Up 10 percent to 23,901
Ford Motor Company – Up 11 percent to 1,603,998
General Motors – Up 17 percent to 1,902,172
American Honda – Down 6 percent to 859,797
Hyundai Group – Up 27 percent to 860,319
Jaguar Land Rover – Up 9 percent to 34,965
Nissan North America – Up 15 percent to 774,079
Toyota USA – Down 9 percent to 1,194,524
http://www.leftlanenews.com/chrysler...les-gains.html
Acura – Down 7 percent to 10,010
Audi – Up 19 percent to 9,725
BMW – Up 19 percent to 21,750
Buick – Up 6 percent to 13,599
Cadillac – Up 1 percent to 12,741
Chevrolet – Up 22 percent to 147,611
Chrysler – Up 36 percent to 23,559
Dodge – Up 10 percent to 40,073
Fiat – 2,773
Ford – Up 14 percent to 168,181
GMC – Up 28 percent to 33,194
Honda – Down 8 percent to 79,522
Hyundai – Up 12 percent to 52,051
Infiniti – Up 2 percent to 8,479
Jaguar – Up 15 percent to 1,111
Jeep – Up 24 percent to 35,565
Kia – Up 18 percent to 35,609
Land Rover – Up 10 percent to 2,740
Lexus – Down 12 percent to 14,995
Lincoln - Down 7 percent to 7,018
Maserati – Up 46 percent to 199
Mazda – Up 37 percent to 25,521
Mercedes-Benz – Up 13 percent to 23,428
Mitsubishi – Up 17 percent to 5,803
MINI – Down 18 percent to 3,999
Nissan – Up 28 percent to 84,485
Porsche – Up 10 percent to 2,170
Ram – Up 42 percent to 25,364
Saab – Down 62 percent to 429
Smart – Up 11 percent to 469
Subaru – Up Down 2 percent to 20,934
Suzuki – Up 23 percent to 2,026
Toyota (Includes Scion) – Down 18 percent to 106,456
Volkswagen – Up 36 percent to 27,036
Volvo – Up 21 percent to 5,042
BMW Group – Up 11 percent to 25,749
Chrysler – Up 27 percent to 127,334
Daimler – Up 13 percent to 23,901
Ford Motor Company – Up 9 percent to 175,199
General Motors – Up 20 percent to 207,145
American Honda – Down 8 percent to 89,532
Hyundai Group – Up 27 percent to 87,660
Jaguar Land Rover – Up 11 percent to 3,851
Nissan North America – Up 25 percent to 92,964
Toyota USA – Down 18 percent to 121,451
2010 YTD Numbers
Acura – Down 8 percent to 89,146
Audi – Up 15.5 percent to 73,590
BMW – U 13 percent to 177,679
Buick – Up 3 percent to 140,092
Cadillac – Up 8 percent to 113,190
Chevrolet – Up 15 percent to 1,353,943
Chrysler – Flat at 157,551
Dodge – Up 14 percent to 345,441
Fiat – 13,861
Ford – Up 18 percent to 1,538,909
GMC – Up 27 percent to 294,947
Honda – Down 6 percent to 770,651
Hyundai – Up 20 percent to 492,914
Infiniti – Down 4 percent to 72,181
Jaguar – Down 4 percent to 9,315
Jeep – Up 46 percent to 303,793
Kia – Up 37 percent to 367,405
Land Rover – Up 15 percent to 25,650
Lexus – Down 17 percent to 135,647
Lincoln - Up 3 percent to 64,841
Maserati – Up 26 percent to 1,704
Mazda – Up 10 percent to 191,315
Mercedes-Benz – Up 10 percent to 182,510
Mitsubishi – Up 59 percent to 65,875
MINI – Up 20 percent to 41,635
Nissan – Up 17 percent to 701,898
Porsche – Up 28 percent to 22,664
Ram – Up 25 percent to 188,765
Saab – Up 77 percent to 4,647
Smart – Down 21 percent to 3,757
Subaru – Up 1 percent to 195,550
Suzuki – Up 20 percent to 20,284
Toyota (Includes Scion) – Down 8 percent to 1,058,877
Volkswagen – Up 22 percent to 235,459
Volvo – Up 27 percent to 52,155
BMW Group – Up 14 percent to 219,314
Chrysler – Up 23 percent to 1,009,411
Daimler – Up 10 percent to 23,901
Ford Motor Company – Up 11 percent to 1,603,998
General Motors – Up 17 percent to 1,902,172
American Honda – Down 6 percent to 859,797
Hyundai Group – Up 27 percent to 860,319
Jaguar Land Rover – Up 9 percent to 34,965
Nissan North America – Up 15 percent to 774,079
Toyota USA – Down 9 percent to 1,194,524
http://www.leftlanenews.com/chrysler...les-gains.html
10-03-2011, 09:22 PM
#2490
prob the same ones they built when that factory was still running. the unions don't care if the cars sell or not, they'll still make 'em and get paid for it.
10-03-2011, 10:16 PM
#2491
Senior Moderator
No offense, but you dont have any of the numbers so it is impossible to accurately assert that they are pure profit units. Just running a manufacturing facility in terms of utilities costs tens of thousands per day. At 50 units, it doesnt even pay for electricity.
True, the RL is a flagship and a rolling test bed of new technologies. But that doesnt mean they necessarily make money. If its a moneymaker, then it would have been updated after the regular Honda product cycle. Makes no sense to keep a moneymaking flagship stagnant for so long... its because there is no profit, therefore no additional R&D funds.
True, the RL is a flagship and a rolling test bed of new technologies. But that doesnt mean they necessarily make money. If its a moneymaker, then it would have been updated after the regular Honda product cycle. Makes no sense to keep a moneymaking flagship stagnant for so long... its because there is no profit, therefore no additional R&D funds.
Back on topic, it looks like with the September numbers, Honda/Acura and Toyota/Lexus are still suffering (for now) from poor inventory. I don't see anything to panic yet about for either company.
Last edited by neuronbob; 10-03-2011 at 10:19 PM.
10-04-2011, 06:38 AM
#2492
Because it isn't true.
Of the majors listed, Honda was as always, the LOWEST in incentive spending. Just like EVERY month. Toyota was next to lowest.
$3221 GM
$2835 Fiat/Chrysler
$2762 Ford
$2582 Nissan
$2163 Toyota
$1871 Honda
$2453 Industry Average
10-04-2011, 09:18 AM
#2493
My first Avatar....
^
Maybe if H/A gave more incentives they would sell more cars.
Maybe if H/A gave more incentives they would sell more cars.
10-04-2011, 01:05 PM
#2494
Maybe if they had more cars, they'd consider more incentives. Bottom line is that factories only returned to full capacity in Aug. It takes some time for the pipeline to fill with product. For example, we are still sitting at ~40 cars total in inventory which is about 10 cars more than what we started the month (Sept) with. Our normal inventory levels hover around 80-90 cars. In a nutshell, you can't sell what you don't have, and you don't heavily discount the little that you do have.
The following 2 users liked this post by Colin:
Invisible (10-04-2011),
mcflyguy24 (10-17-2011)
10-08-2011, 01:29 AM
#2495
Evil Mazda Driver
The Honda dealer I work for has been restocking inventory steadily and we can get virtually anything we want. One of the girls in the office told me things are back to normal 100% but sales are still slow.
10-11-2011, 10:43 PM
#2496
When a model line-up stops with a mid-size luxury sport sedan, that company moves down a few pegs in public perception. You may recall that Infiniti killed off the Q45 in 2006 and many people thought it would be the end of the brand and it may very well have been. But instead, Infiniti pulled a 180 and began building drop-dead gorgeous cars that were also well-made and stunning to drive and had they not done that, I doubt Infiniti would be here today and especially not with the sales figures they are currently posting. With their present line-up, asking anybody about the Q45 will likely get you a blank stare. Infiniti made the awkward transition from old-school luxury to modern, sporty luxury in record time and grand style.
W/ the discontinuing of the Q flagship, Infiniti upped the ante w/ regards to luxury when it came to current M (it's interior can more than hold its own against the Germans), but that came w/ a hefty price increase as well - bringing the price of the M close to that of the Germans.
Thus far, that has resulted in less than stellar sales for the M.
Asian luxury brands still don't have the cachet of the Germans (esp. Mercedes and BMW) and when pricing is similar, most luxury buyers would just opt for the German models (it's the reason why Lexus doesn't price the LS460 closer to the Germans - w/ the S Class being the most expensive of the lot by far).
It'll definitely be interesting to see how the new GS will fare against the E Class, 5 Series and A6 (a lot will depend on how Lexus prices the GS).
A more accurate picture is shown by taking the ratio of incentives to the avg. transaction price.
Sept. 2011
$ 3,255 GM (9.8%)
$ 3,369 Fiat/Chrysler (11.9%)
$ 2,814 Ford (8.8%)
$ 2,925 Nissan (10.7%)
$ 2,472 Toyota (9.7%)
$ 2,370 Honda (9.3%)
$ 1,454 Hyundai/Kia (7.6%)
As can be seen, Ford has a lower percentage than Honda and Toyota's is pretty much on par w/ GM's.
10-12-2011, 01:07 AM
#2497
6G TLX-S
.....
Can't just look at the avg. incentive figure in the abstract as automakers who sell more expensive vehicles (or vehicles w/ higher margins) can afford to offer greater incentives.
A more accurate picture is shown by taking the ratio of incentives to the avg. transaction price.
Sept. 2011
$ 3,255 GM (9.8%)
$ 3,369 Fiat/Chrysler (11.9%)
$ 2,814 Ford (8.8%)
$ 2,925 Nissan (10.7%)
$ 2,472 Toyota (9.7%)
$ 2,370 Honda (9.3%)
$ 1,454 Hyundai/Kia (7.6%)
As can be seen, Ford has a lower percentage than Honda and Toyota's is pretty much on par w/ GM's.
10-12-2011, 04:07 PM
#2498
^ Ford sells more SUVs and trucks than the Japanese-makes which have higher MSRPs.
Also, the avg. transaction prices of the Fiesta and Focus are higher than the competition as well (esp. w/ many Fiesta and Focus buyers opting to purchase vehicles w/ all the tech gadgetry which drives up the price).
Just b/c it says Toyota on the car doesn't mean it has high prices.
The Sonata and Camry have essentially the same avg. transaction price (less than $50 separating the 2) and the Corolla has one of the lower avg. transaction prices within its segment.
Honda fares better than Toyota in this regard.
Also, the avg. transaction prices of the Fiesta and Focus are higher than the competition as well (esp. w/ many Fiesta and Focus buyers opting to purchase vehicles w/ all the tech gadgetry which drives up the price).
Just b/c it says Toyota on the car doesn't mean it has high prices.
The Sonata and Camry have essentially the same avg. transaction price (less than $50 separating the 2) and the Corolla has one of the lower avg. transaction prices within its segment.
Honda fares better than Toyota in this regard.
10-13-2011, 09:39 AM
#2499
How did YOUR dealership get preferred treatment from Honda and get their inventory back to normal?
10-14-2011, 06:49 PM
#2500
If it weren't for the G37 sedan/coupe and their full-size SUV, Infiniti would be in a heap of trouble.
W/ the discontinuing of the Q flagship, Infiniti upped the ante w/ regards to luxury when it came to current M (it's interior can more than hold its own against the Germans), but that came w/ a hefty price increase as well - bringing the price of the M close to that of the Germans.
Thus far, that has resulted in less than stellar sales for the M.
Asian luxury brands still don't have the cachet of the Germans (esp. Mercedes and BMW) and when pricing is similar, most luxury buyers would just opt for the German models (it's the reason why Lexus doesn't price the LS460 closer to the Germans - w/ the S Class being the most expensive of the lot by far).
It'll definitely be interesting to see how the new GS will fare against the E Class, 5 Series and A6 (a lot will depend on how Lexus prices the GS).
Can't just look at the avg. incentive figure in the abstract as automakers who sell more expensive vehicles (or vehicles w/ higher margins) can afford to offer greater incentives.
A more accurate picture is shown by taking the ratio of incentives to the avg. transaction price.
Sept. 2011
$ 3,255 GM (9.8%)
$ 3,369 Fiat/Chrysler (11.9%)
$ 2,814 Ford (8.8%)
$ 2,925 Nissan (10.7%)
$ 2,472 Toyota (9.7%)
$ 2,370 Honda (9.3%)
$ 1,454 Hyundai/Kia (7.6%)
As can be seen, Ford has a lower percentage than Honda and Toyota's is pretty much on par w/ GM's.
W/ the discontinuing of the Q flagship, Infiniti upped the ante w/ regards to luxury when it came to current M (it's interior can more than hold its own against the Germans), but that came w/ a hefty price increase as well - bringing the price of the M close to that of the Germans.
Thus far, that has resulted in less than stellar sales for the M.
Asian luxury brands still don't have the cachet of the Germans (esp. Mercedes and BMW) and when pricing is similar, most luxury buyers would just opt for the German models (it's the reason why Lexus doesn't price the LS460 closer to the Germans - w/ the S Class being the most expensive of the lot by far).
It'll definitely be interesting to see how the new GS will fare against the E Class, 5 Series and A6 (a lot will depend on how Lexus prices the GS).
Can't just look at the avg. incentive figure in the abstract as automakers who sell more expensive vehicles (or vehicles w/ higher margins) can afford to offer greater incentives.
A more accurate picture is shown by taking the ratio of incentives to the avg. transaction price.
Sept. 2011
$ 3,255 GM (9.8%)
$ 3,369 Fiat/Chrysler (11.9%)
$ 2,814 Ford (8.8%)
$ 2,925 Nissan (10.7%)
$ 2,472 Toyota (9.7%)
$ 2,370 Honda (9.3%)
$ 1,454 Hyundai/Kia (7.6%)
As can be seen, Ford has a lower percentage than Honda and Toyota's is pretty much on par w/ GM's.
without the 3 Series and 5 Series, BMW would be in a heap of trouble
without the C Class and E Class, Mercedes would be in a heap of trouble
without the RX and ES, Lexus would be in a heap of trouble
need I go on...
10-26-2011, 07:22 AM
#2501
Safety Car
Incentives
The 2 biggest Japanese automakers are offering buyers an unusually high level of incentives to try to pack showrooms and regain sales market share.
Honda is offering the biggest sales incentives in its history, say online car buying research services Edmunds.com and TrueCar.com. Toyota isn't far behind.
Incentives — everything from 0% financing to cash rebates to cheaper leases — are valued in different ways, so the research sites vary in their totals. But they agree that the sales come-ons are substantially higher for Honda, the No. 2 Japanese brand in the U.S, and for No. 1 Toyota.
The 2 have typically kept incentive levels low by exercising tight discipline over production and inventory. Even their current average incentive per vehicle remains below that of Detroit automakers, but the gap is now narrower:
In September, Honda was offering an average $2,350 on new vehicles, up 6.8% over September 2010, and Toyota was throwing in $2,250, up 7.1%, TrueCar.com says.
By contrast, General Motors was offering $3,300, up 1.5%; Ford kicked in $2,850, down 6.6%, and Chrysler was at $3,350, but down 8.2% from 2010.
The Detroit 3 have moderated their incentives by getting their inventories under control, including by shedding some plants and brands and making deals with their unions. Sales inducements soared in the past decade primarily because they were overproducing.
Unusually, Honda's and Toyota's incentive spike has come even as inventories remain below normal in the wake of the Japanese tsunami, though both say they expect inventories back to normal soon.
So what's changed? Customers discovered "the product from the competition is not that bad after all," says Jesse Toprak, a TrueCar.com vice president. In the past, Toyota and Honda buyers remained loyal. Now they are willing to shop around.
"It is disturbing for (Honda and Toyota) to lose customers to other automakers," says Ivan Drury, an analyst for Edmunds.com. "They are trying to gain back what they lost."
Honda says it is simply trying to push sales volume to make up for what it lost due to the disaster. "We need to do what we can do to make that up," says spokesman Chris Martin. "It's like trying to refill that bathtub."
The No. 3 Japanese brand Nissan also lost some sales due to tsunami disruptions, but recovered faster and has actually dropped its average incentive 5.2% from a year ago to $2,750 in September.
10-26-2011, 08:52 PM
#2502
Senior Moderator
So what's changed? Customers discovered "the product from the competition is not that bad after all," says Jesse Toprak, a TrueCar.com vice president. In the past, Toyota and Honda buyers remained loyal. Now they are willing to shop around.
That said, I'm extremely close to pulling the trigger on a 12 AV6 sedan selling for $5k less than sticker. So I for one will embrace these incentives...with my wallet.
11-01-2011, 01:35 PM
#2503
Safety Car
Oct 2011
American Honda Motor Co., Inc., posted October sales of 98,333 vehicles, an increase of 3.3 percent, the company announced today. American Honda year-to-date sales reached 958,130, down 5.3 percent versus last year, based on the daily selling rate*.
Honda Division posted October sales of 87,218, an increase of 3.2 percent versus October 2010. Honda trucks posted October sales of 44,852, an increase of 12.3 percent due to strong sales of the Pilot, CR-V and Odyssey. The Pilot showed the largest sales gain for October, with sales of 12,466, up 58.5 percent. The CR-V posted a sales increase of 11.2 percent on sales of 19,326 and the Odyssey posted a sales increase of 8.6 percent on sales of 10,415. The Accord recorded sales of 22,589, up 9.4 percent and the Civic, posted monthly sales of 16,173, down 1.9 percent.
"As dealer inventories continued to replenish in October, we saw increased momentum over last month’s sales," said John Mendel, American Honda executive vice president of sales. “We look forward to continued strong demand for our products despite these continuing challenging times due to the flooding in Thailand and ensuing production limitations.”
Acura Division recorded October sales of 11,115, an increase of 4.8 percent versus October 2010, and year-to-date sales of 100,261, down 6.6 percent. The MDX was the top-selling Acura model for the month with October sales of 3,691 down 2.8 percent. The TSX posted record October sales of 2,977, an increase of 37.3 percent.
The MDX luxury SUV remained Acura's best selling model, yet Acura sedan sales edged out light truck sales in October. Acura total car sales for October were 5,661, up 6.0 percent based on daily selling rate* while total light truck sales were 5,454, up 3.6 percent. Total sales for Acura were 11,115 units (a 4.8 percent increase) while year-to-date sales totaled 100,261— down 6.6 percent.
"Despite tight inventories, October sales exceeded last year's strong pace," said Jeff Conrad, vice president of Acura sales. "However, due to parts shortages related to flooding in Thailand, 2011 continues to be a very challenging year."
In October, Acura's best selling model was once again the MDX luxury SUV with sales of 3,691 units, down 2.8 percent. The RDX crossover SUV was Acura's next best selling light truck with 1,632 units sold, up 27.6 percent.
With help from the new TSX sport wagon, Acura car sales were led by the TSX sports sedan with 2,977 units sold (up 37.3 percent) which is a new October sales record. Closely following the TSX in sales was the TL performance luxury sedan with sales of 2,662 units, down 9.1 percent.
For media information and high-resolution photos of all Acura vehicles, please visit www.acuranews.com. For consumer information, please visit www.acura.com.
11-01-2011, 01:56 PM
#2505
The sizzle in the Steak
...and the Honda bleeding does not stop.
http://www.leftlanenews.com/honda-to...shortages.html
Honda to halve U.S. production due to flooding-induced part shortages
Recent flooding in Thailand is proving to have global repercussions, with Honda announcing that part shortages caused by the natural disaster will severely disrupt the automaker’s North American manufacturing.
Honda will halve all U.S. and Canadian production through November 10, stopping it entirely on November 11, due to a lack of necessary parts. All overtime work through November has also been nixed.
Though most of the parts for Honda’s U.S.-market vehicles come from North American suppliers, “a few critical electronic parts” are sourced from Thailand. Honda has stated that it is working with suppliers in Thailand and elsewhere in order to return U.S. production to full force as soon as possible.
The automaker will attempt to extend a helping hand to workers affected by the cutbacks by categorizing any “non-production days” as “no pay, no penalty” days, meaning Honda employees will be free to report to work, use a vacation day or take the day off without compensation or penalty.
As announced elsewhere on Leftlane, the production setback will also result in the delay of the upcoming CR-V’s on-sale date by several weeks.
Recent flooding in Thailand is proving to have global repercussions, with Honda announcing that part shortages caused by the natural disaster will severely disrupt the automaker’s North American manufacturing.
Honda will halve all U.S. and Canadian production through November 10, stopping it entirely on November 11, due to a lack of necessary parts. All overtime work through November has also been nixed.
Though most of the parts for Honda’s U.S.-market vehicles come from North American suppliers, “a few critical electronic parts” are sourced from Thailand. Honda has stated that it is working with suppliers in Thailand and elsewhere in order to return U.S. production to full force as soon as possible.
The automaker will attempt to extend a helping hand to workers affected by the cutbacks by categorizing any “non-production days” as “no pay, no penalty” days, meaning Honda employees will be free to report to work, use a vacation day or take the day off without compensation or penalty.
As announced elsewhere on Leftlane, the production setback will also result in the delay of the upcoming CR-V’s on-sale date by several weeks.
11-01-2011, 02:22 PM
#2506
11-01-2011, 03:45 PM
#2507
Senior Moderator
HyundaiMotor America today announced sales of 52,402 vehicles in October, a 23 percent total sales increase compared with the same period a year ago. The year-to-date sales figures of 545,316 shattered the full year sales record of 538,228 set in 2010. Retail sales were up 27 percent over last October.
“Breaking our all-time any-time sales record set in 2010, with two months left in the 2011 calendar year, is an accomplishment we take great pride in and is clearly indicative of consumer acceptance of our bold line-up of award winning products,” said Dave Zuchowski, Hyundai Motor America’s executive vice president of national sales. “The overall sales environment appears to be stabilizing, despite continued fluctuations in traditional economic indicators, and we believe those market dynamics position Hyundai well to finish the year on a strong note.”
Year to date, Hyundai sales are up 21 percent versus 2010 in total, and up 31 percent at retail. Sales to fleet accounts represent 11 percent of the total sales year-to-date and just 8 percent for the month of October. Thirty-seven percent of Hyundai vehicles sold in October achieved 40 MPG fuel economy ratings.
Santa Fe and Tucson, Hyundai’s crossover line-up, registered sales increases of 44 and 24 percent, respectively. The all-new Hyundai Elantra saw a sales increase of 37 percent over the same period last year and the Genesis saw a sales increase of 10 percent.
“The Veloster, our new 40-MPG 3-door sport coupe, had its first full month of sales and we delivered more than 3,700 units across the country to some very happy buyers,” said John Krafcik, Hyundai Motor America’s president and CEO. “We’ve got some pretty exciting Velosters on the showroom floor at the SEMA Show this year from the rally-inspired Veloster built by ARK Performance to some other highly modified Velosters and Genesis Coupes.”
“Breaking our all-time any-time sales record set in 2010, with two months left in the 2011 calendar year, is an accomplishment we take great pride in and is clearly indicative of consumer acceptance of our bold line-up of award winning products,” said Dave Zuchowski, Hyundai Motor America’s executive vice president of national sales. “The overall sales environment appears to be stabilizing, despite continued fluctuations in traditional economic indicators, and we believe those market dynamics position Hyundai well to finish the year on a strong note.”
Year to date, Hyundai sales are up 21 percent versus 2010 in total, and up 31 percent at retail. Sales to fleet accounts represent 11 percent of the total sales year-to-date and just 8 percent for the month of October. Thirty-seven percent of Hyundai vehicles sold in October achieved 40 MPG fuel economy ratings.
Santa Fe and Tucson, Hyundai’s crossover line-up, registered sales increases of 44 and 24 percent, respectively. The all-new Hyundai Elantra saw a sales increase of 37 percent over the same period last year and the Genesis saw a sales increase of 10 percent.
“The Veloster, our new 40-MPG 3-door sport coupe, had its first full month of sales and we delivered more than 3,700 units across the country to some very happy buyers,” said John Krafcik, Hyundai Motor America’s president and CEO. “We’ve got some pretty exciting Velosters on the showroom floor at the SEMA Show this year from the rally-inspired Veloster built by ARK Performance to some other highly modified Velosters and Genesis Coupes.”
11-01-2011, 03:51 PM
#2508
Looks like Honda's built in Japan models are still hit very hard. I know they are still LOW LOW inventory.
The huge dealership near me is listing
1 CR-Z
2 Insights
3 Civic Hybrids
11 Fits
The huge dealership near me is listing
1 CR-Z
2 Insights
3 Civic Hybrids
11 Fits
11-01-2011, 04:38 PM
#2509
131 idiots^H^H^H^H^H^H people bought ZDX's? 
That's up from 87 last month.
22 RL sales... Half of what they sold last month
Civic sales down 1.9 percent. A case of redesign FAIL?
That's up from 87 last month.22 RL sales... Half of what they sold last month
Civic sales down 1.9 percent. A case of redesign FAIL?
Last edited by AZuser; 11-01-2011 at 04:41 PM.
11-01-2011, 05:04 PM
#2510
Race Director
Those RL sales levels are similar to Saab who hasn't made a car since April. If those Civic sales levels are with 100% production then it's time to hit the panic button - oh wait, they already did by bringing the MMC forward.
11-01-2011, 05:40 PM
#2511
Senior Moderator
^ Its just low inventory since they're Japanese built guys. 
Do like others and convieniently ignore the fact that all these Japan built models with terrible sales numbers sold poorly from day 1.
Wait, the ZDX isn't built in Japan? we should make sure.
Do like others and convieniently ignore the fact that all these Japan built models with terrible sales numbers sold poorly from day 1.
Wait, the ZDX isn't built in Japan? we should make sure.
11-01-2011, 06:28 PM
#2513
Moderator
Likely pent up demand waiting for production levels to increase after the earthquake, etc. The Pilot is still a formidable contender in its segment despite its shortcoming relative to competitors.
PS - lest "someone" think otherwise, I'm being sincere in my response. No red text.
PS - lest "someone" think otherwise, I'm being sincere in my response. No red text.
Last edited by ttribe; 11-01-2011 at 06:36 PM.
11-01-2011, 06:39 PM
#2514
I drive a Subata.
iTrader: (1)
11-01-2011, 06:40 PM
#2515
I drive a Subata.
iTrader: (1)
Regarding the Honda/Acura sales numbers, nothing's really surprising to me. 
11-01-2011, 07:21 PM
#2516
Senior Moderator
As the Accord is in its last model year for this generation, its drop in sales is not a surprise. (I personally may be adding 1 unit to that figure for November this week.)
11-01-2011, 11:48 PM
#2517
Honda Fanboy
Honda #1 in Five Segments
Civic was the #1 selling car in its class last month. Not bad for a disaster and a car that historically has the least amount of incentives.
So was the Pilot, Accord, Odyssey, and CRV according to the numbers that are already out.
So was the Pilot, Accord, Odyssey, and CRV according to the numbers that are already out.
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Invisible (11-02-2011)
11-02-2011, 01:30 AM
#2518
Suzuka Master
Here's a shakedown for the whole market
<table style="width:auto;"><tr><td><a href="https://picasaweb.google.com/lh/photo/96nOtCa4x8Tb7i9Y8uIdRIATDJWIoa58z2CASIv1wc0?feat=e mbedwebsite"><img src="https://lh4.googleusercontent.com/-0GTdEe5vWC8/TrDjNaG26nI/AAAAAAAABRs/5R_lbUhkwqw/s640/Capture.PNG" height="640" width="571" /></a></td></tr><tr><td style="font-family:arial,sans-serif; font-size:11px; text-align:right">From <a href="https://picasaweb.google.com/114083543970019378803/Acurazine?authuser=0&authkey=Gv1sRgCPSa1_6klI2F_AE &feat=embedwebsite">Acurazine</a></td></tr></table>
Last edited by speedemon90; 11-02-2011 at 01:35 AM.
11-02-2011, 01:37 AM
#2519
Suzuka Master
VW only sold 5,040 new passats this month. I wonder if they expecting stronger sales for a first full month of sales. Seems kinda low, especially compared to the 22,000 accords that were sold. I think brand loyalty is the strongest thing honda has going for it right now.
Something VW doesnt have and is probably the reason for it taking a while to pick up sales?
Something VW doesnt have and is probably the reason for it taking a while to pick up sales?