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July 2011 Car Sales: It's The Economy, Stupid Page 2

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2011 Ford Explorer

Hyundai: Hyundai reports it sold 59,561 vehicles in July. That translates to a 10-percent boost over the same month in 2010, and a seventh sales record in a row. On the year, Hyundai is up 23 percent.

Kia: Kia broke more of its own sales records in July as it sold 45,504 vehicles, up 28.5 percent on the month. The Sorento is its best seller, with 13,262 sold in July. The brand is up 29 percent on the year.

Volkswagen: VW says it sold 29,066 vehicles in July, up 21.7 percent over last year. The brand is up 22.2 percent on the year, behind the Jetta, up 50.9 percent in July, and the Touareg, up 119 percent for the month. Diesels again claimed a quarter of Volkswagen's entire U.S. sales volume.

BMW / MINI: BMW says sales of its combined BMW and MINI brands totaled 26,120 vehicles. The 11.7-percent rise included a total of 21,409 BMW cars and crossover, up 12.3 percent. MINI sold 4,711 cars, up 8.9 percent on the month. The company is up 13 percent on the year.

Mercedes-Benz: The German automaker says it sold 21,065 vehicles in July, up 16.7 percent over 2010. Year to date, Benz sales are up 11.3 percent.

Subaru: Subaru sold 21,730 vehicles in July, down 9.4 percent over a year ago. For the year to date, the company has moved 153,779 units.

Mazda: Mazda sold 20,783 vehicles in July, a slight uptick from a year ago. For the year, Mazda sales have increased 4.9 percent.

Audi: Audi says it sold 9,146 vehicles in July, a record for the month going back a decade. The brand is on a tear this year: to date, sales are up nearly 16 percent.

Mitsubishi: Mitsubishi says its July 2011 sales reached 7,972 units, up 41.1 percent compared to 2010. Most of the sales increases came in vehicle lines due to be dropped in 2012.

Volvo: Volvo tallied 5,595 sales in July, an increase of 29.5 percent. On the year, Volvo sales are up 28.8 percent.

Porsche: Not yet reported.

Jaguar/Land Rover: Jaguar and Land Rover sales fell overall in the month of July. With the brands up 12 percent on the year, Jaguar saw monthly numbers sink 35 percent to 984 units; Land Rover was flat against July 2010, with sales of 3,795 vehicles.

Suzuki: Suzuki posted sales of 2,447 vehicles in July, an increase of 25 percent over July 2010 numbers. On the year, the Suzuki brand is up 17 percent.

Saab: Not yet reported.


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Comments (4)
  1. I believe, as others do, that the economy has burned through the "stimulus" money, unemployment benefits are drying up and the present administration has no answers according to their economic methodology. This adds up to very grim news for the auto industry and Americans in general. The worst is yet to come as weakness compounds weakness with almost two years before we get a team in there that can turn this economy around. Looks bleak, indeed !
     
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  2. Every manufacturer who wasn't affected by the earthquake had sales up, most in the double digits and people paint it that the economy is tanking. If you look at the companies that did increase, they would have increased more if they had some stock. In my area, most of the Cruze's left are stick and there are very few '11 Malibu's (the '12s are arriving). Good luck finding a Fiesta, Focus, Elantra or Accent. If you can't tell, I've been shopping for a car and there is nothing in inventory and none of the traditional end of the year closeouts. The only Honda dealer in a metro area of 500,000 has a total of 50 cars and 20 of them are leather top of the line Accords. It's not the economy, it's the inventory.
     
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  3. Ever since the price of gas shot up the economy has nosed over again. When people's discretionary income is being siphoned off via $4 a gallon gas -- everybody suffers.

    Meanwhile, our wonderful government won't get involved because they think fossil fuels are bad and high prices will wean people off them -- even though those same high prices are sending our economy down the crapper.
     
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  4. With all due respect, it's not an inventory problem when sales won't hit 12 million units when 14, 15, even 16 were the norm just a few years ago. That's an epochal shift.
     
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