MENU
SEARCHKia breaks its November record, Subaru leads pack with 52% jump.
The Outback SUV was Subaru's top performer in November, when the brand led Asian carmakers in sales.
IMAGE: Subaru
IMAGE: Getty Images/Fahroni
November U.S. sales by most Asian carmakers surged, led by Subaru, whose sales skyrocketed 52% year-over-year, followed by Hyundai, whose deliveries jumped 43%.
Mazda’s rose 31% and Kia’s 25%, breaking that brand’s November record set in 2016.
Honda sales were the outlier, dropping 6% year-over-year, its 16th straight month of sales declines.
Most carmakers no longer report sales monthly. Ford will release its November results on Friday.
Sales are being buoyed by improved retail inventories.
A J.D. Power-LMC Automotive forecast shows retail and nonretail November sales are projected to be up 5.6% year-over-year. Not adjusting for the number of selling days translates to a 10% increase. Retail sales alone are forecasted to be flat; the unadjusted comparison translates to a 3.8% increase.
“November results demonstrate that vehicle production is continuing to improve, with available retail inventory exceeding one million units for a second consecutive month and a larger share of manufacturers’ production being allocated to fleet customers,” said J.D. Power Data and Analytics Division President Thomas King in a press release.
Originally posted on Auto Dealer Today
The North Miami store features the brand’s signature Destination Porsche design concept, combining contemporary architecture and technology to create what the auto group calls an ultra-luxury experience.
Read More →
The two-story Cadillac dealership is being constructed at the former Lincoln Yards site, owned and operated by Canada-based Jack Carter Auto Group.
Read More →
A growing Maryland automotive group is only the 93-year-old dealership’s third owner after its longtime proprietors retired.
Read More →
Barrington Porsche will be the new location for Murgado Automotive Group’s existing Porsche dealership currently in the Motor Werks of Barrington auto mall.
Read More →
Feldman Automotive Group added two new brands, Honda and Toyota, to its portfolio with its latest acquisition of four Fireside dealerships in Ohio.
Read More →
The franchisees’ state-level actions follow a California auto dealers trade group lawsuit against the VW affiliate last year, both efforts to stop the EV maker’s plan to sell direct to consumers.
Read More →
First-quarter auto sales increased as more consumers took advantage of government incentives. Hybrid deliveries are leading the way on the electrifieds boom.
Read More →
At nearly 14%, California had the lowest zero-emission vehicle market share in the first quarter since the fourth quarter of 2021, according to the California New Car Dealers Association.
Read More →
EREVs, also known as ‘series hybrids,’ may catch on in the U.S., where they currently have barely a toehold, as automakers tilt away from some purely electric models and consumers crave more range.
Read More →
Hybrids in particular lead not only EV market share but all power trains on the continent so far this year as gas and diesel continue their decline.
Read More →