Jan 2017 Automotive sales

[max225]

Sales at General Motors, which sells the most vehicles in the U.S., fell 3.8 percent from last January, while Ford’s sales were down 1 percent. Fiat Chrysler’s sales dropped 11 percent. Nissan’s sales rose 6 percent thanks to strong truck and SUV sales.

Incentive spending averaged an estimated $3,635 per vehicle in January, up 21.6 percent from a year ago

I don't know if this just means that it costs Automakers more money to borrow money since the fed raised rates and everyone is looking for dat 0%

Either way the troubling trend continues... everyone is still chasing dem sales... however I feel like the implosion is still a ways away...

http://www.mercurynews.com/2017/02/01/u ... -declines/

[coogles]

FCA seems so hosed.

[ChrisoftheNorth]

ATP still grew $800 YOY, looks like mostly from trucks and trim mix, luxury was down a bit.

Yet, incentive as % of ATP grew 0.5 ppts, to 11.5%, and the highest January ever. Luckily, January incentive spending was down compared to Q4, so at least OEMs have turned down the taps somewhat, which could contribute to lower sales (it usually does).

But it's an awfully high way to start the year. Not a good sign as the year goes on. Highest January spending ever, yet sales are down.

[ChrisoftheNorth]

FCA seems so hosed.

They have been for a while.

But aside from the Pacifica, they haven't had a new product in a while. Hopefully that will change to keep them going...

[ChrisoftheNorth]

Slow month at the MINI diller in Jan for sure...

It was a slow month at most dillers if it makes you feel any better...

[max225]

ATP still grew $800 YOY, looks like mostly from trucks and trim mix, luxury was down a bit.

Yet, incentive as % of ATP grew 0.5 ppts, to 11.5%, and the highest January ever. Luckily, January incentive spending was down compared to Q4, so at least OEMs have turned down the taps somewhat, which could contribute to lower sales (it usually does).

But it's an awfully high way to start the year. Not a good sign as the year goes on. Highest January spending ever, yet sales are down.

You can't compare Jan to Q4 because you have to compare seasonality. Highest incentives are always in year end.

[ChrisoftheNorth]

ATP still grew $800 YOY, looks like mostly from trucks and trim mix, luxury was down a bit.

Yet, incentive as % of ATP grew 0.5 ppts, to 11.5%, and the highest January ever. Luckily, January incentive spending was down compared to Q4, so at least OEMs have turned down the taps somewhat, which could contribute to lower sales (it usually does).

But it's an awfully high way to start the year. Not a good sign as the year goes on. Highest January spending ever, yet sales are down.

You can't compare Jan to Q4 because you have to compare seasonality. Highest incentives are always in year end.

Well, yea...But my point is that if incentives WEREN'T lower, we'd be in deep.

I bet the Delta from Dec to Jan is the lowest it's been in a while. I'll look tomorrow.

[max225]

Vehicle Total Sold Percent change from Jan. 2016
Ford F-Series 57,995 12.5 percent MURICA
Chevrolet Silverado 35,553 -6.1 percent MURICA
Ram Pickup 33,769 3.7 percent MURICA
Honda CR-V 29,287 52.5 percent
Nissan Rogue 28,760 45.5 percent
Honda Civic 23,095 -13.6 percent LOOK AT THAT SALES DROP
Toyota RAV4 22,155 2.8 percent
Ford Escape 20,588 7.1 percent
Toyota Camry 20,313 -24.3 percent DAT DROP
Toyota Corolla 20,107 -10.1 percent

[Johnny_P]

CUVs taking over. Dang.

The Nissan Rogue is mostly because of the Star Wars Rogue 1 ad campaign, which was ingenious.

[Johnny_P]

Holy shit, CRVs are flying off the lots.

[max225]

Grand Cherokee is quite shocking too, those must be "leftover new" incentives

[Tar]

Holy shit, CRVs are flying off the lots.

redesign doe. Also, who doesn't love sitting up nice and high in zippy fuel efficient Jap soov with comfy ride and heated steering wheel? Rav next for a reskin? They can't sit around and watch the CRV pump numbers like this.

[Tar]

The civic styling is really paying off now! Doesn't help that CR is eating it alive with poor reliability claims

[Johnny_P]

The civic styling is really paying off now! Doesn't help that CR is eating it alive with poor reliability claims

I know they didn't recommend the 2.0 engine due to the piston ring issue. Are there other problems?

[Tar]

The civic styling is really paying off now! Doesn't help that CR is eating it alive with poor reliability claims

I know they didn't recommend the 2.0 engine due to the piston ring issue. Are there other problems?

Yes the stereo is riddled with first model year issues. Rear sill in the sedan rattles with radio play. Fit and finish issues. Nothing serious doe. I think that the newest releases are probably 100% better.

[Tar]

Gotta have the red solid dots to sell cars to all the :derps:

[Johnny_P]

I know they didn't recommend the 2.0 engine due to the piston ring issue. Are there other problems?

Yes the stereo is riddled with first model year issues. Rear sill in the sedan rattles with radio play. Fit and finish issues. Nothing serious doe. I think that the newest releases are probably 100% better.

Yeah that's first model year tooling issues at the assembly line. Nothing drastic it seems, aside from the piston ring issue which was caught quickly. Still don't know actual reliability though, it's too new.

[Johnny_P]

Gotta have the red solid dots to sell cars to all the :derps:

I mean. I will reference CR in the future I think. I can't deal with another train wreck like my GTI was.

[Tar]

Yes the stereo is riddled with first model year issues. Rear sill in the sedan rattles with radio play. Fit and finish issues. Nothing serious doe. I think that the newest releases are probably 100% better.

Yeah that's first model year tooling issues at the assembly line. Nothing drastic it seems, aside from the piston ring issue which was caught quickly. Still don't know actual reliability though, it's too new.

I feel like Hondas are good but not great nowadays. I'm not expecting too much but feel good about 200k/8 yrs without MAJOR issues.

[Tar]

Gotta have the red solid dots to sell cars to all the :derps:

I mean. I will reference CR in the future I think. I can't deal with another train wreck like my GTI was.

I keep it in mind always, it wasn't wrong about the TL and TDI
Truedelta.com was recommended by and seems neat. I follow it along.

[max225]

The civic styling is really paying off now! Doesn't help that CR is eating it alive with poor reliability claims

wait how? They are down 14% yoy.
Cruze
Elantra
Accent are all up in double digits. If I had to make a racist guess... "Entry level" "we can get you into a new car on 84 months 15%" purchases.

[Johnny_P]

I mean. I will reference CR in the future I think. I can't deal with another train wreck like my GTI was.

I keep it in mind always, it wasn't wrong about the TL and TDI
Truedelta.com was recommended by and seems neat. I follow it along.

Truedelta is only as good as the people putting info into it are though.
I mean. Truedelta seems somewhat accurate on cars with chronic problems and should be a decent indicator as to which car has a better probability of being reliable than another. I.e. the Civic is rated higher than the GTI. Its nice that its dynamic too. As the car ages and they gather more data the rating can change.

[max225]

I never had good experiences with true delta. I feel like forums are the best resource for issues, because ppl bitch here first. WAYYY before it becomes a "chronic" problem.

[Tar]

The civic styling is really paying off now! Doesn't help that CR is eating it alive with poor reliability claims

wait how? They are down 14% yoy.
Cruze
Elantra
Accent are all up in double digits. If I had to make a racist guess... "Entry level" "we can get you into a new car on 84 months 15%" purchases.

Stupid sarcasm font isn't working again.

[max225]

wait how? They are down 14% yoy.
Cruze
Elantra
Accent are all up in double digits. If I had to make a racist guess... "Entry level" "we can get you into a new car on 84 months 15%" purchases.

Stupid sarcasm font isn't working again.

I fail again....

I mean they have the strongest lineup ever... Hatch/sedan/coupe SI soon... It is as complete as it has ever been.