December Sales Snowed In, but Automakers Break Annual Records Anyway

Compared with December 2012, last month's overall sales volume was up just 4.2%--a noticeable slowdown from recent months. Analysts blame a series of snowstorms for keeping car buyers at home, as well as strong November sales that might have reduced demand over the holidays. Nevertheless, for many car companies and individual brands, the year 2013 was one for the record books.

Highlights: December 2013 Car Sales

Despite persistently high unemployment rates and congressional failure to extend unemployment benefits at the end of 2013, luxury car buyers were visiting showrooms in full force. Some highlights for December 2013:

  • With the arrival of the new 2014 Ghibli, combined with the availability of an all-new Quattroporte, Maserati sales rose 216% vs. the same month a year ago.
  • Bentley and Jaguar posted big gains, enjoying 48% and 47% increases in sales, respectively.
  • Mercedes-Benz sales soared 18% thanks to the recently introduced CLA-Class and S-Class models.
  • Among mainstream brands, Mitsubishi rose 56% for the month thanks in part to the new Outlander SUV and Mirage subcompact car.
  • Jeep also did well, with sales rising 34% thanks in part to the redesigned Cherokee.
  • Brands that suffered declines of more than 20% for the month include Chrysler, Scion, Volkswagen, and Volvo.

December 2013 Year-Over-Year Performance, Major Automakers

Viewed from the overall corporate perspective, six automakers improved sales in December 2013, compared with the same month last year, six declined in terms of sales, and one remained flat from 2012.

  • Among major automakers, Daimler AG sales increased 17% in December 2013, compared with the same month last year.
  • Chrysler Group sales increased 6%, Ford Motor Company sales rose 2%, and General Motors sales fell 6%.
  • Nissan increased sales by 11%, followed among Asian automakers by Subaru at 10% and Honda at 2%.
  • Asian companies declining in sales included Mazda (down 16%), Hyundai Group (down 2%), and Toyota (down 2%).
  • Volkswagen Group sales declined 12%, while Volvo fell 21%.
  • BMW sold 130 more cars in 2013 than it did in 2012, a flat year-over-year performance.

Highlights: 2013 Annual Sales

In total, U.S. light-vehicle sales in 2013 rose 7.6% on a selling-day adjusted basis, to nearly 15.6 million vehicles, according to J.D. Power's auto forecasting partner, LMC Automotive. That final tally is lower than previous forecasts due to flat December sales.

  • Ford gained the most market share of any company in 2013, and had one of its most profitable years ever. The automaker sold 763,402 F-Series trucks alone, which would stretch from New York City to Los Angeles if lined up bumper to bumper. Combined, the F-Series, Escape and Fusion sold 1.4 million units in the United States, and Ford as a brand was the only one to sell more than 2 million vehicles.
  • Mercedes-Benz won the luxury sales race, besting BMW to top the charts for the first time since 1999. For the year, Mercedes sold 312,528 vehicles, a 14% improvement over 2012. Steve Cannon, CEO of Mercedes-Benz USA, credited the new CLA and S-Class models, the revamped E-Class lineup, and improved customer service for the achievement. In 2014, a redesigned C-Class model goes on sale.
  • Maserati led all brands, mainstream and luxury, in terms of annual growth with a year-over-year increase of 75%. Jaguar followed with a 41% sales gain.
  • Other brands seeing greater than a 20% increase in year-over-year sales include Subaru (26%), Bentley (24%), Cadillac (22%), Ram (22%), and Porsche (21%).
  • Chrysler, Fiat, Infiniti, Kia, Lincoln, Smart, Volkswagen, and Volvo all saw sales declines year over year.
  • In the biggest sales category, full-size pickup trucks, the redesigned Chevrolet Silverado couldn't overcome big incentives from Ford and Ram, and among the three, the Silverado's annual sales increase was the smallest.

Forecasts for 2014 see continued strength in the light-vehicle market, but rising interest rates, an easing of pent-up demand, and expiration of certain tax incentives point to moderation in sales growth. That has at least one automaker, Hyundai-Kia, publicly announcing that it expects the slightest improvement in terms of sales and market share than it has seen in nearly a decade.

--

Did you know that you can get stories like this on the Yahoo mail app?
Download it here.

Yahoo Cricket

Latest News

  • Irrfan, Deepika took romance to new level: Sircar

    Mumbai, May 25 (IANS) Irrfan Khan and Deepika Padukone's endearing chemistry in "Piku" took romance to a different level, says the film's director Shoojit Sircar. "During the scripting stage, Irrfan and Deepika's romance was kept dry and subdued, but both the actors took the romance to another level," Sircar said during an interaction with film enthusiasts at a workshop held here. When Sircar announced the lead cast of the film, the pairing of Irrfan and Deepika seemed unusual. …

  • Akshay Kumar goes shirtless for selfie debut

    Mumbai, May 25 (IANS) Actor Akshay Kumar made an impressive selfie debut by posing shirtless, giving a glimpse of his well-toned physique to his fans. …

  • Lalit Sen to compose for new TV show

    Mumbai, May 25 (IANS) Lalit Sen of Bollywood's famed composer duo Jatin-Lalit will lend his music skills to compose the title track and background score of new TV show "Mere Angane Mein". …

  • Snack away at the movies with Snacket app

    New Delhi, May 25 (IANS) Tired of long cues to grab a snack while at a movie theatre or scared of missing scenes post interval? It enables delivery of snacks to your seat at the push of a button, and one can conveniently make purchases throughout the course of a film without settling for the traditional, offline methods of ordering at the concession stand or from the Service On Seat ushers. The idea struck Dhruv Madhok over a capuccino. …

  • 'Main Azhar': Emraan introduces himself in 'Azhar' teaser

    Mumbai, May 25 (IANS) The teaser of forthcoming film "Azhar", which will give a glimpse of the world of former Indian cricket captain Mohammad Azharuddin, was launched by the film's lead actor Emraan Hashmi on Monday. The actor took to micro-blogging site Twitter, and shared: "The #Azhar Teaser is out! Watch it here: https://m.youtube.com/watch?v=aC3GwyLmZQE&sns=tw … #AzharTeaserOutNow." In the teaser, the actor guides viewers through Azharuddin's life from being a famed cricketer to being …

  • Check Out Akshay Kumar’s Hot Shirtless Selfie!
    Check Out Akshay Kumar’s Hot Shirtless Selfie!

    The Khiladi of Bollywood Akshay Kumar who is not every active on the social networking sites has been making rounds on the Internet lately with his first selfie post on his Twitter account. The handsome star, who is known for his rigorous workout sessions, uploaded his first selfie post workout. With fans going crazy after his first picture on a social networking site, the action star captioned the picture saying, Akshay is no doubt looking fit as ever in his picture, the actor seems to be …

  • Bajrangi Bhaijaan: Kareena Kapoor Khan’s Special Gift To Kashmiri Women
    Bajrangi Bhaijaan: Kareena Kapoor Khan’s Special Gift To Kashmiri Women

    While on the Kashmir sets of Bajrangi Bhaijaan several locals have been gathering around to catch a glimpse of Kareena Kapoor Khan and co-star Salman Khan. Sources reveal that young local girls wait around the sets for hours at a stretch to see Kareena and meet her…They are completely mesmerized by her beauty and the Indian wardrobe she sports in the film. In a casual conversation a few girls happened to mention this to Kareena and she immediately promised to gift them her outfits and the …

  • Richa Chadda’s Masaan Wins The Fipresci Award At Cannes 2015
    Richa Chadda’s Masaan Wins The Fipresci Award At Cannes 2015

    Richa Chadda‘s Masaan wins the Fipresci award by the International Critics Society at Cannes 2015, We have seen this woman winning hearts one movie after the other. Richa Chadda – the modern day woman of substance have made her way through the Indian cinema from some wisely chosen roles. After her applaud winning performance in Masaan which earned a rare standing ovation at the ceremony this year, Richa is predicted as the next big package of year 2015. …

Loading...