Market Overview

June Auto Sales Roundup

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June Auto Sales Roundup
All figures are year over year (YoY) comparables for the month of June:

Porsche +23.0%
BMW +21.4%
Toyota +14.0%
Ford +13.4%
Mazda +13.0%
Nissan +12.9%
Honda +9.7%
Audi +8.2%
Chrysler +8.0%
Mercedes +7.0%
GM +6.5%
Volkswagen -3.2%

The breakdown:

Porsche June sales were up 23 percent, capping a first half total sale gain of 30 percent for 2013. Sales of the Cayenne SUV were up 77 percent YoY, while the 911 and its variants were up 66 percent YoY. President and CEO Detlev von Platen cited an improving economy as a catalyst for the continued momentum of the brand.

BMW sales saw an increase of 21.4 percent on the back of strong sales of the 3,6,7 and X3 models. Mini also reported its best month ever in June with an increase of 9.6 percent YoY.

Toyota (NYSE: TM) sales climbed 14 percent YoY with strong demand for the Corolla and a record setting June for the hybrid lineup.

Ford (NYSE: F) June U.S. sales increased 13.4 percent over the previous year, resulting in the best June since 2006. Sales were driven by strong sales of the Escape, which set its fifth straight record sales month. The F-series posted its best June sales numbers since 2005.

Mazda reported its best June sales month since 2007 with a 13 percent increase YoY. The Mazda6 saw incredible gains with a 172.3 percent increase in June, while the CX-5 saw sales increases of 50.6 percent YoY.

Nissan’s 12.9 percent gain was led by sales of the Altima and Rogue. June sales of the electric Leaf were up 315 percent YoY. Sales of its luxury brand Infinity floundered, falling 12.7 percent YoY.

Honda (NYSE: HMC) June U.S. sales surged 9.7 percent YoY. Honda’s light truck lineup – CR-V, Pilot, and Odyssey – posted record June sales. Sales of the Accord were up 20.4 percent for the year.

Chrysler sales were up 8 percent YoY on strong sales of the Ram and Jeep Grand Cherokee. This was the best June for Chrysler since 2007.

Mercedes-Benz sales climbed 7 percent for June, attributed to strong C, GL, and M class sales. The company maintained a record pace for June, reaching its highest first half sales figures since the company began operating in the U.S. 48 years ago.

GM (NYSE: GM) reported its highest monthly sales figure since 2008 with a June increase of 6.5 percent YoY. Combined sales of mini, small and compact cars were up 59 percent YoY. Cadillac’s new release of the ATS and XTS helped drive the brand to its fastest growth in nearly 50 years.

Volkswagen fared worse compared to its domestic counterparts, falling 3.2 percent YoY. Despite strong sales of the Jetta, Passat and Beetle, a lack of a VW truck option has suppressed U.S. sales numbers as other manufacturers ride the record setting demand wave for trucks. Sales of Audi’s Q5 and Q7 SUV’s led to respectable June increases.

 

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