October Auto Sales: The Leading Edge Of An Economic Rebound? Page 2

November 1, 2011

2012 Toyota Camry XLE

2012 Toyota Camry XLE

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Toyota / Lexus: Down 4.3 percent from October last year, with Toyota down 3.2 percent (yet up from September) and Lexus down 2.9 percent). Scion was down 18.3 percent, with sharp drops of the xB and xD, versus last October. Toyota and Lexus SUVs and crossovers were also down overall. Sales of hybrids were down a significant 7.4 percent versus last year, but this may represent a supply interruption at showrooms as 2012 Toyota Camry Hybrid models were just starting to arrive. Camry sales also lagged, with deliveries of the 2012 ramping up. Inventories remained low, overall, at just 26 selling days.

Honda / Acura: Honda saw its sales up 3.3 percent over last October, to 98,333 vehicles, as supplies were finally replenished from supply interruptions and the earthquake earlier this year. Three of its U.S.-made vehicles—the Pilot, CR-V, and Odyssey, saw the largest gains, while Civic and Civic Hybrid sales remained down versus last October. Acura posted sales of 11,115 vehicles, up 4.8 percent from last October, while year-to-date sales remained down 6.6 percent.

Nissan / Infiniti: Nissan-brand sales were up 22.1 percent compared to last October, to 61,843, led by the new 2012 Versa Sedan in its first month of sales, and aided by strong sales of the Altima and Rogue. The automaker delivered 846 LEAF electric cars during the month. On the Infiniti side, sales were down 13.5 percent versus last year, although both the G37 Sedan and QX56 were up significantly.

Hyundai: Hyundai sold 52,402 vehicles in October, a 23-percent increase compared to year-ago levels (27 percent for retail sales), and it topped its year-to-date sales record, with about 545,000 vehicles sold YTD through October. The Veloster began to arrive at dealerships during the month, while the Elantra and Sonata combined sold more than 31,000 during October alone.

Kia: Led by Optima, Soul, and Sportage, Kia finished October strong at 37,690—21 percent higher than last October. Year-to-date, the brand has topped 405,000 sales and is up more than 35 percent versus 2010.

Volkswagen: VW continued its sales surge in the U.S., with a 39.6-percent gain in October, versus last year, to 28,028. The brand sold 5,040 Passats in its first month—the most since December 2005—and Jetta, GTI, Golf, Tiguan, and Tuareg were all up. Year-to-date, sales are up 23.8 percent.

BMW / MINI: The BMW Group altogether saw sales increase 17.5 percent in October, compared to the same period last year, buoyed by strong sales of the X3 and X5 crossovers. Mini sales were up 37.1 percent from October 2010, while thanks mostly to the new Countryman, the brand's sales are up 22.1 percent year-to-date, to 47,050.

Mercedes-Benz: Sales were up in October, with 24,449 vehicles sold; that's 28.2 percent higher than October 2010. Year-to-date, the automaker is still up 12 percent in the U.S. The redesigned 2012 C-Class led the brand's sales performance, with 7,084 sold (up nearly 88 percent from last year), but strong sales of the E-Class and redesigned M-Class also contributed to the gains.

Subaru: Retail sales for Subaru were down 11.6 percent compared to last October, but retail sales remained up 4.4 percent, year to date. Impreza sales were down sharply, before the redesigned 2012 model sees first deliveries next month. Yet Subaru also reported its best-ever October for Legacy and Outback sales.

Mazda: Mazda highlighted its strongest October sales since 2007, with a 1.7-percent increase from October of last year, to 18,326 vehicles. The Mazda6 showed signs of new life, with that mid-size sedan's strongest October since 2008, while the CX-7 and Mazda2 showed gains.

Audi: The German luxury brand reported its best October sales ever, up 25.8 percent from last year, to 10,225. Audi reports that its top entries—the A6, A7, A8, and Q7—now make up 29 percent of its U.S. sales, and 14 out of the past 15 months have set monthly records. Calendar-year-to-date sales, versus the same period last year, are also up 16.5 percent. TDI diesel models are accounting for 45 percent of A3 sales and 43 percent of Q7 sales.

Mitsubishi: Sales for the Japanese automaker were down 14 percent versus last October, yet Mitsubishi's year-to-date sales remain well above 2010 YTD sales at this point last year. The Outlander Sport had a strong sales showing, with 1,268 sold in October.

Volvo: Sales for the brand, led by strong sales of the S60 sport sedan, were up 22.6 percent in October 2011, versus October 2010. Year-to-date, the brand is up a significant 26.5 percent so far versus last year.

Jaguar/Land Rover: Not yet reported.

Suzuki: Not yet reported.

Saab: Not yet reported.

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