Category Archives: sales

Volkswagen of America Q2 Sales Down -34% at 78,281

The sales disaster went without comment from Volkswagen, which might mirror VW’s sentiments about the American market where it has been struggling for a long time. Continue reading

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BMW North America Q2 US Sales: BMW -18.3%, Mini -45%

We are pleased that demand remains strong, however this quarter was not without its challenges, as our sales were constricted only by the limitations of available inventory,” said Sebastian Mackensen, President and CEO, BMW of North America. Continue reading

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Subaru of America June Sales Flat, Q2 -18%

Subaru also reported year-to-date sales of 263,795, a -17.9 % decrease compared with the same period in 2021. Subaru said it continues to face inventory challenges as the result of microchip and supply chain issues affecting automakers globally. Continue reading

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Hyundai Motor America June Sales Down -12.9%

June was the highest sales month in 2022.Hyundai sold 184,191 units in Q2 and 343,867 units during the first half of 2022. Hyundai had no fleet sales in the first half of 2022. Continue reading

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GM Q2 US Sales Down -15%

“GM’s sales and market share have grown each of the last three quarters, even with lingering supply chain disruptions,” said Steve Carlisle, GM executive vice president and president, North America. “Our long-term momentum will continue to build thanks to the launches of groundbreaking new EVs like the GMC HUMMER EV and Cadillac LYRIQ, and the tremendous customer response to the Chevrolet Silverado and GMC Sierra,” claimed Carlisle. Continue reading

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Toyota Motor North America June US Sales Down -17.9%

“Despite the ongoing inventory challenges, so far this year, we launched a number of highly anticipated new products, including the Toyota battery electric bZ4X, Tundra and hybrid Tundra, and the Lexus LX, while continuing to closely focus on taking care of our customers,” said Jack Hollis, executive vice president, Sales, TMNA. Continue reading

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US June Vehicle Sales Forecast is Down on Record Prices

New-vehicle retail sales in Q2 2022 are projected to reach 2,977,300 units, a 23.3% decrease from Q2 2021 when adjusted for selling days. New-vehicle retail sales for the first six months 2022 are projected to reach 5,827,300 units, a 19.1% decrease from the first six months of 2021 when adjusted for selling days. The first half of 2021 was an all-time record for retail sales. Power/LMC make no note of the Federal Reserve Board, which appears to be dedicated to sending and keeping the economy in a recession. Continue reading

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Europe’s Diesel Addiction Continues Starting with Germany

This was “in a depressed market that is suffering not only from supply issues, but perhaps starting to feel the beginnings of a consumer slowdown, although that is thought to be a relatively minor part of the problem as the order backlog remains significant,” the respected LMC Automotive* consultancy said today. Continue reading

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