Posts Tagged ‘suv sales’

Car of the Year? Even Honda Accord Falls into a Black Hole as Sedan Sales Continue to Wither

Slumping sedan sales putting a chill on spring sales.

by on May.02, 2018

It may be new for 2018, but U.S. buyers have had only a tepid response to the latest Honda Accord.

Few recent product launches generated more buzz than the debut of the 2018 Honda Accord. Long one of the U.S. market’s best-selling nameplates, the 10th-generation sedan quickly racked up a slew of awards, including North American Car of the Year.

But despite all the rave reviews, Honda is struggling to retain momentum for the Accord. American motorists purchased just 21,751 of the sedans in April, a 19.3% year-over-year decline. And even when adjusting for the fact that April 2018 had two fewer sales days than the year before, the dip was 12.5 percent. And Honda isn’t alone. The completely redesigned 2018 Toyota  Camry, a Car of the Year runner-up, suffered a 5.0% drop in volume in April.

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“They’re both brand new vehicles and award winners, but I’m not sure that has any impact now,” said Joe Phillippi, head of AutoTrends Consulting. “Consumer tastes are changing. Everybody wants SUVs and CUVs.”

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3 Familiar Models May Vanish as Sales Shift to SUVs

Ford Taurus exiting for a second time, along with Fiesta and Chevy Sonic.

by on Apr.05, 2018

The Taurus is one of two Ford models that are expected to be dropped over the next few years.

March saw an even bigger surge in demand for SUVs, CUVs and other light trucks but, according to industry data, sales of sedans, coupes and hatchbacks continued to decline – an ongoing trend that is expected to lead to the demise of a number of once-popular passenger car models, including Ford’s big Taurus and subcompact Fiesta, as well as the little Chevrolet Sonic.

And even more passenger car models could be on the way out, according to industry sources, even as manufacturers move to expand their light truck portfolios to take advantage of one of the biggest market shifts in decades.

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“I think we’re going to see some contraction in passenger car nameplates,” said Stephanie Brinley, principle automotive analyst at IHS Automotive. “That’s not to say they’ll go away. Some people still like them….but there’ll be some rationalization over time.”

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Buh-Bye Camry; Pickups, SUVs Now Own Top Sales Spots

Toyota's mainstay sedan didn't even crack the Top 5.

by on Jan.05, 2018

Despite giving the Camry a stylish makeover the sedan continued to lose momentum last year.

If anyone still questions the way light trucks have come to dominate the U.S. automotive market you only need look at the 2017 sales charts to see how passenger cars are on virtual life support these days.

Perhaps the most significant development finds that the Toyota RAV4 last year outsold the Camry for the first time ever. And so did the Nissan Rogue.

The Last Word!

The overall numbers for 2017 weren’t good, the U.S. market posting its first decline since the end of the Great Recession. And demand likely would have dipped more than the modest 5% if it weren’t for the strong, late-year surge as motorists in Florida and Texas raced to replace vehicles destroyed during the summer’s devastating hurricanes.

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Honda Pulls Wraps Off All-New 2018 Accord

Update: could an Accord Type-R be in the works?

by on Jul.14, 2017

Honda goes to the heart of its domestic opposition, revealing the 2018 Accord in Detroit.

Honda has finally pulled the covers off its tenth-generation Accord, revealing a sedan  that’s both more stylish and lavishly equipped and which takes a “new direction” in its powertrain line-up with the debut of not just one but two new turbocharged engine options.

The launch of the 2018 Honda Accord comes at a critical time for both the Japanese automaker and the auto industry as a whole. Long one of the U.S. market’s best-selling models, the new Honda sedan will launch into a market where buyers by the million are migrating from passenger cars to SUVs, crossovers and other light trucks. Complicating matters, Accord will go up against a dramatic new version of arch-rival Toyota’s midsize Camry sedan.

Breaking News!

“We are redefining the Honda Accord for a new generation of buyers by bringing something unexpected that challenges the idea of what a mainstream sedan can be,” said Jeff Conrad, senior vice president of the Automobile Division at American Honda.

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SUVs Could Soon Make Up Half U.S. New Vehicle Market

Prices also on rise as "customers choose more well-equipped vehicles."

by on Apr.11, 2017

Ford is pushing more luxury and tech features into the Explorer Platinum Edition for 2018.

Utility vehicles now account for 40% of the American market – and a disproportionate share of its profits – but demand is likely to keep growing and could soon reach 50% before leveling off, said a senior Ford Motor Co. executive ahead of this week’s New York International Auto Show, where a number of new SUVs and CUVs will make their debut.

Utes have become the hottest segment in the industry, in part because carmakers continue to find ways to surprise and delight customers with all manner of new designs and features, said Mark LaNeve, Ford’s head of sales, service and marketing. And where classic SUVs once required owners to “sacrifice” things like fuel economy and on-road comfort, today’s utes are nearly as efficient and comfortable as conventional sedans and coupes.

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As a result, “We don’t see (the SUV sales boom) stopping,” said LaNeve, as Ford revealed two new versions of its popular Explorer SUV and announced plans to update the long-neglected Expedition model for the 2018 model-year.

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Auto Market Likely to Maintain Near-Record Momentum

But shift to utes could accelerate, forecasts Toyota autos chief.

by on Dec.02, 2016

The Toyota RAV4 may soon be Toyota's best-seller.

After several tenuous months, U.S. new car sales slipped back on their record track in November, and while it’s likely the industry has hit the peak of the current economic cycle, demand is likely to remain strong for several more years, forecast the U.S. head of automotive operations for Toyota.

What consumers will be buying is another matter, according to Senior Vice President Bob Carter, who stressed that the shift from conventional passenger cars to utility vehicles and other light trucks “is going to continue to accelerate in the future.”

Barring a sudden slowdown of the American market, sales should just nip past last year’s all-time record of around 17.5 million, said Carter, during a meeting with journalists in Detroit. “By anyone’s estimation,” he said, “that’s fantastic.”

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Delayed a Day, Ford Sales Also Take a Tumble

Lincoln a rare bright spot.

by on Nov.02, 2016

Ford's Super Duty provided a rare bright spot for the automaker in October.

A day late – and a dollar short, it seems, as Ford Motor Co. says its sales also took a double-digit dip during October, in line with the overall U.S. new car market slide.

The news wasn’t entirely bad, however, Ford reporting growth by its long-struggling luxury brand, Lincoln, as it rolls out an assortment of new and updated products, including the all-new Continental flagship sedan.

By the Numbers!

Ford issued its numbers after a day-long delay due to a fire that knocked out electrical power to its corporate headquarters in the Detroit suburb of Dearborn. The rest of the industry didn’t fare especially well, even without Ford’s downward pull. While a few makers reported strong, and even record, sales for October, the market was down about 4% year-over-year.

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October US Auto Sales Hit the Skids

Ford delays sales report due to fire at headquarters.

by on Nov.01, 2016

Jeep sales had been reliably strong for FCA during the past few years; however, they fell 7% in October.

The tempo of new vehicle sales slowed during October as every major automaker reported a drop during October.

Ford Motor Co., which also was expected to report a drop in sales, delayed the release of its October sales due to a fire in an electrical substation in the company’s headquarters in Dearborn, Michigan. The fire, which happened yesterday, caused the evacuation and closure of the building.

Sales News!

The big surprise was a 10% drop in sales by FCA, which had posted a long string of sales increases, stretching back more than five years until it had to re-state its sales figures this summer under pressure from lawsuits by dealers and Securities and Exchange Commission. (more…)

Heavy Lifter: Much Riding on New Volkswagen Atlas

New ute will be the largest VW model sold in the U.S.

by on Oct.28, 2016

The VW Atlas makes its debut.

In Greek mythology, Atlas carried the world on his back. The new Volkswagen Atlas won’t have quite as big a load to shoulder, but it will still be the troubled brand’s heavy lifter.

The long-awaited sport-utility vehicle made its debut during a preview on the Santa Monica Pier Thursday night, and it will soon start rolling out of the expanded Volkswagen assembly plant in Chattanooga, Tennessee. Atlas will join VW’s two other SUVs and, if all goes according to plan, help the automaker gain some much-needed momentum in a fast-growing market that has largely passed it by.

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“This is the beginning of a new future for Volkswagen in America,” declared Hinrich Woebcken, the long-time BMW executive who was named CEO of Volkswagen Group of America early this year. The launch of the Atlas, he continued, means that “We are here to stay in North America.”

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Buick Confirms TDB Report: Will Halt Verano Production

Brand shifting focus to SUVs.

by on May.27, 2016

Heading off into the sunset, the Buick Verano.

General Motors  will end U.S. production and sales of the compact Buick sedan, confirming a report first posted by TheDetroitBureau.com this spring.

The move reflects the broad market shift from conventional passenger cars to sport- and crossover-utility vehicles. Buick utility-vehicle line-up is expected to account for as much as 70% of its sales over the next several years, according to senior brand planners.

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Sales of the Verano were down nearly 12% for the first four months of the year compared to the same period in 2015. And last year’s total sales of 31,886 of the sedans was a 27% drop from 2014.

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