|
GLOBAL REPORTS : by Country | by Manufacturer
|
|
2019 Automotive Industry Sales Report
United States Vehicle Market Data
Updated: Oct 5, 2019
F&I Tools Key Points:
Quarter 3 was a rollercoaster for the US Auto Industry largely due to overstock clearance sales at month-end before Labor Day that led to an 11% increase in August car sales year-over-year; but left a void in business going into the following month that did not recover and created an 11% decrease in September deliveries year-over-year.
High-volume brands will need to thin overstock even more going into 2020 and make room for new nameplates to satisfy changing consumer demands. This will lead to the biggest new car discounts in years on existing models, and overtime for R&D teams scrambling to refresh brand line-ups with the future tech and electro-gadgets consumers have shown top-dollar willingness to buy.
Quarter 3 was a rollercoaster for the US Auto Industry largely due to overstock clearance sales at month-end before Labor Day that led to an 11% increase in August car sales year-over-year; but left a void in business going into the following month that did not recover and created an 11% decrease in September deliveries year-over-year.
High-volume brands will need to thin overstock even more going into 2020 and make room for new nameplates to satisfy changing consumer demands. This will lead to the biggest new car discounts in years on existing models, and overtime for R&D teams scrambling to refresh brand line-ups with the future tech and electro-gadgets consumers have shown top-dollar willingness to buy.
|
United States Vehicle Sales by Quarter
2019 Major Automotive Brands
2019 Major Automotive Brands
LIGHT-DUTY CAR SALES DATA
Quarter 1 (January - March) Quarter 2 (April - June)
Quarter 3 (July - September) Quarter 4 (October - December)
Quarter 1 (January - March) Quarter 2 (April - June)
Quarter 3 (July - September) Quarter 4 (October - December)
| 2019 Top 6 | USA Rank | Q1 | Q2 | Q3 | Q4 | 2019 YTD |
|---|---|---|---|---|---|---|
| General Motors | 1 | 664,992 | 744,255 | 735,790 | 2,145,037 | |
| Ford Motor Company | 2 | 583,121 | 649,022 | 575,441 | 1,807,584 | |
| Toyota | 3 | 543,886 | 608,101 | 627,341 | 1,779,328 | |
| FCA Jeep Chrysler | 4 | 498,599 | 598,245 | 564,387 | 1,661,231 | |
| Honda | 5 | 369,833 | 407,375 | 429,036 | 1,206,244 | |
| Nissan Alliance | 6 | 408,101 | 380,143 | 351,717 | 1,139,961 | |
| Other Leaders | ||||||
| Hyundai Kia | 7 | 288,407 | 359,797 | 336,910 | 985,114 | |
| Subaru | 8 | 156,755 | 182,778 | 185,838 | 525,371 | |
| Volkswagen Group | 9 | 148,985 | 167,359 | 165,380 | 481,724 | |
| BMW | 10 | 82,808 | 91,138 | 86,234 | 260,180 | |
| Mercedes-Benz | 11 | 78,894 | 80,283 | 93,935 | 253,112 | |
| Mazda | 12 | 70,855 | 67,732 | 69,624 | 208,211 | |
| Jaguar Land Rover | 13 | 35,256 | 27,253 | 26,537 | 89,046 | |
| Volvo | 14 | 22,074 | 28,063 | 27,172 | 77,309 | |
| Top 6 Total | 3,068,532 | 3,387,141 | 3,283,712 | 9,739,385 | ||
| Other Total | 884,034 | 1,004,403 | 991,630 | 2,880,067 | ||
| 2019 Grand Total | 3,952,566 | 4,391,544 | 4,275,342 | 12,619,452 | ||
Notable effort:
Porsche nailed the F&I Tools Key Points mentioned above, increasing sales in Quarter 3 by gaining consumer excitement around their next-generation technology in the new Taycan model. Porsche sales numbers are listed within parent company VW group not shown separately, however Porsche increased 14% year-over-year in August and 2% in September.
Porsche nailed the F&I Tools Key Points mentioned above, increasing sales in Quarter 3 by gaining consumer excitement around their next-generation technology in the new Taycan model. Porsche sales numbers are listed within parent company VW group not shown separately, however Porsche increased 14% year-over-year in August and 2% in September.
2020 Prediction:
2020 will see corporate entities buying out smaller operations, and more large scale mergers, to give the auto industry the funding it needs to adapt to changing consumer dynamics as buyers want utility, luxury, and technology; and have shown a willingness to pay full price if the product meets the demand.
2020 will see corporate entities buying out smaller operations, and more large scale mergers, to give the auto industry the funding it needs to adapt to changing consumer dynamics as buyers want utility, luxury, and technology; and have shown a willingness to pay full price if the product meets the demand.
Global Automotive Industry Data
| Region | 2015 | 2016 | 2017 | 2018 | 2015 - 2018 |
|---|---|---|---|---|---|
| China | 20.01 | 23.57 | 24.28 | 23.75 | 91.61 |
| Europe | 13.20 | 13.97 | 14.39 | 14.29 | 55.85 |
| US | 17.70 | 17.50 | 17.23 | 17.18 | 69.61 |
| Top 3 Total | 50.61 | 55.04 | 55.90 | 55.22 | 217 Million |
