Foreign-Brand Sales Climb 6% in U.S.
U.S. deliveries of foreign-brand passenger vehicles rose 6% to 788,300 units in November, according to carmaker sales reports tallied by Automotive News.
The traditional domestic carmakers now report only quarterly results. But analysts estimate that the total U.S. car market last month was flat or up slightly, thanks to an extra selling day and record-high sales incentives.
Demand for import brands through the first 11 months of 2019 slipped by 20,000 units to 8.55 million, mainly because of an 8% drop to 1.24 million vehicles for Nissan, according to AN’s tally.
Nissan’s sales in November fell 16% to 92,900 vehicles. The company’s slump is due to an aging product lineup and the company’s deliberate pullback from low-profit fleet sales.
All major import marques posted year-on-year gains last month. Mass-market manufacturers were led by Toyota (+9% to 207,900 units), Honda (+11% to 134,000) and Hyundai/Kia (+10% to 113,300). Sales also rose for Mazda (+18% to 24,400 vehicles). Subaru sales were flat at 56,900 units.
Most European luxury brands reported large increases in volume last month. Heading the pack were Mercedes-Benz (+10% to 37,300 units), BMW (+10% to 31,200) and Audi (+21% to 20,600).
Volvo sales jumped 18% to 9,600 units. Land Rover deliveries climbed 11% to 9,500 units, but demand for Jaguar vehicles fell 8% to 3,000 units.
It’s the fifth generation of a vehicle that has been increasing in sales year after year since its introduction in 1997.
The common wisdom seems to be that midsize cars have pretty much had it in the U.S. new car market.
The previous-generation Hyundai Elantra (2010 to 2015) had the edgy Fluidic Sculpture design forming its sheet metal; it’s bigger brethren, the Sonata, was more visible in this regard, though the smaller size of the Elantra gave the skin a greater tautness than was the case on the Sonata.