Wednesday, December 14, 2011

Car buyers not only buy, they are more numbers

Car buyers not only buy, they are more numbers

Scott Olson / Getty Images



Chrysler, led by sales of its Jeep signs, belonged to the largest sales winner in November.


By Joseph Szczesny, the Detroit Bureau


The best result in months, sales of new cars, written climbed truck and transitions to an annualized rate of 13.5 million revenue increases double-digit in November like virtually all domestic, Asian and European brands.


In fact, several makers - including Audi and Hyundai - announced eternal Hall of Fame for November.


But the effects of strong monthly results can be felt far beyond the automotive industry. After a solid October, when sales of so-called catch up were intended, many analysts feared that the November numbers along with the rest of the economy would slide. But the strong result in the automotive market is more life to the economy as a whole than many had expected.


Among Detroit's big three Chrysler Group LLC reported a 45 percent increase in sales last month while Ford Motor Co. posted an increase of 13 percent, including a 20 percent increase in retail. General Motors co. sales by 7 percent on strong retail.


Hyundai, KIA, Mitsubishi, Volkswagen/Audi, Mercedes-Benz all reported increase of 40 percent or better, Nissan, Mazda, Suzuki, Porsche and BMW Group with two-digit increases content had to.


Increase Toyota as sales for the first time in months. Although only a modest 2.4 percent win it the first sign that the company began, its way out of the production was still crisis triggered by the earthquake in March to work and tsunami, which devastated Japan.


Brand reported a decline in large, jumping only Honda of 4.5%, with sales of Honda vehicles by nearly 10 percent. The vendor was was hoping for a stronger November but Thai floods which cut was made in the availability of the most important models.


The increase in revenues as a whole says industry only part of the story. Automotive data tracking service TrueCar.com estimated, average transaction price for light vehicles in the United States to $30.317 in November 2011, $1,163, or 4.0 per cent from November 2010 and to $164, or 0.5 percent, from October 2011 has increased.


"Prices have you back up after a slight decline in average prices (again) about $30 K, in August with new vehicle was creeping", said Jesse Toprak, VP of industry trends and insights for TrueCar.com. "We are really incentives in December until the end of the year from strong push automakers see,", he predicted.


Chrysler is among the biggest winners, credit, new products, and a string these cars won awards in the last few months.


"With sales growth of 45 per cent, November was another great month for the Chrysler Group and our highest year-over-year of increase in sales by 2011," said Reid Bigland, President and CEO/Dodge brand and head of U.S. sales.


The new 2012 Chrysler 200 medium-sized sedan sales to increased 496 percent in November compared with sales of its predecessor in the same month a year ago. Jeep Wrangler record an additional monthly sales, the SUV sixth consecutive following monthly record this year.


Meanwhile GM reported revenues increased 7 percent as delivered it more than 180,000 cars and trucks in November.


Retail deliveries rose by 15 percent over the same month a year before and had a 77 percent share of GM. Deliveries to the fleets were 14 per cent.


"We see a wide range of customers back to the market", said Don Johnson, Vice President for sale US operations. "Sales showed truck a solid increase, as we expected, but the momentum behind our vehicles most fuel-efficient was even stronger buildings."


So far in this year all four GM, brands have increased their sales compared to the same period a year ago, on the strength of the two-digit increases in the retail sales.


Ford brand the retail sales was with double-digit gains posted by Fiesta, fusion, escape, Explorer, for most products, F-series and Econoline Ranger.


"With gas prices still higher than in the last year, continue to consumers value fuel economy – no matter what size or type of vehicle at best their needs matches", said Ken Czubay, Ford Vice President of U.S. marketing, sales and service. "The most Ford products deliver best-in class fuel economy and offer customers the opportunity to choose, what best works for you EcoBoost technology or electrified vehicles."


Ford plans 675,000 vehicles in the first quarter of 2012, by 3 per cent compared to the first quarter of 2011.


The November sales figures according to particular buyers in virtually all important segments of the market return. Reversed the car would Nissan driver, with sales rising 38 percent, but the Japanese manufacturer reports SUV and truck sales rose by 32 percent.


"We see a broad range of clients back on the market," was GM Johnson. Industry were at least some of the credit for the increased availability of credit officials. But it seems to keep stable less concerns fuel costs as pump prices or to reject even in most parts of the country.


If consumers supply could have received gift for the upcoming holiday season, Hyundai officials said that she experienced a strong increase in demand on post Thanksgiving Black Friday. The manufacturer's band was 22 percent for November, there is a record for the month.


In the meantime, Audi, ended the month associated with a 15.2 percent profit - the 104.906 of the year-to-date total sales. However, hit that, the German manufacturer of all time record total 101.629 that it for all 2010 included.


Audi brand sibling Volkswagen was a different fixed exporting for November with a 40.7 per cent on the previous year by 40.1 percent.


"November was a huge month for Volkswagen,", said Jonathan Browning, President and CEO, Volkswagen Group of America, Inc. "with the 2012 Passat named motor trend car of the year expected improvements in j.d power sales satisfaction index and again double-digit growth, the proof that German engineering and our commitment to the US market are all starting points, together, to come."


Paul A. Eisenstein contributed to this report.

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