September Sales: Industry Down 20 Percent, GM Says

October 1, 2008
car sales

car sales

September sales reports are starting to come in, and the talking heads on CNN International were right: It's shaping up to be the crappiest month in 2008.

Some analysts are suggesting the annualized rate of sales in September could run 12.5 to 13 million vehicles--a far cry from a "normal" month of 15.5 to 16 million units.

So far, here are the results we've seen cross the wires:

  • Ford, Lincoln, and Mercury dealers reported total sales of 116,734 in September, down 34 percent versus a year ago. September was the lowest sales month for Ford and the industry this year.

  • GM total September sales were down 16 percent, "compared to an industry decline anticipated to exceed 20 percent," the company said.

  • Toyota Motor Sales (TMS), U.S.A., Inc., today reported September sales of 144,260 vehicles, a decrease of 29.5 percent from last September, on a daily selling rate basis.

  • American Honda Motor Co., Inc., posted September vehicle sales of 96,626, a decline of 20.9 percent compared to September 2007 results. The Acura Division posted sales of 9,997, a decrease of 27.5 percent compared to September 2007.

  • Chrysler LLC today reported total September 2008 U.S. sales of 107,349 units, down 33 percent from the same period last year.

  • Volkswagen of America announced September 2008 sales of 17,109 units, a 9.4 percent decrease over the September 2007 sales of 18,891 vehicles.

  • Nissan North America, Inc. (NNA) today reported September 2008 sales of 59,565 units versus 94,269 units a year ago, a decrease of 36.8 percent. Sales of Nissan Division vehicles declined 38.4 percent, while sales of Infiniti Division vehicles fell by 24.1 percent.

  • Hyundai Motor America announced sales of 24,765 for the month of September, a 25 percent decrease from September 2007 levels.

  • Audi of America announced auto sales for the month of September totaling 7,584, a decrease of 5.4% from last year's figures.

  • Mercedes-Benz USA (MBUSA) reported September sales of 18,779 vehicles, bringing the company’s year-to-date volume to 177,298, a 1.6 percent decrease over its year-to-date record set last year.

  • BMW Group US sales (BMW and MINI combined) decreased 4.8 percent year-to-date. In September sales declined 25.8 percent.

  • Mazda North American Operations (MNAO) today reported September 2008 sales of 16,169 vehicles, down 35.6 percent over last September.

  • Mitsubishi's total September 2008 sales were down 39 percent, compared to September 2007 (12,102 sales).
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