With gas prices falling to an average of just $2.76 – the lowest in four years – November sales have reached a truly blistering place in America, with the seasonally adjusted rate hitting 17.2 million autos.
And because US drivers usually take their savings (and now they’re big enough – thanks to the improving economy and falling gas prices) upmarket and jump from that dull small car or mid-size sedan to bigger vehicles – November was the go-to month for pickup sales. The top selling list for last month has the first car – the eternal Toyota Camry – coming in only fifth. A crossover – Honda’s CR-V – took the fourth position and the one-two-three throne was awarded to the Ford F-Series, Chevrolet Silverado and Ram pickups. Another Toyota leader was the Corolla/Matrix (No.6), followed in order by the Ford Escape (7), Honda Accord (8), Honda Civic (9) and Chevrolet Cruze (10).
Particularly, the F-Series continues to hold on to its leadership position even as it saw a 10% decline – Ford skipped the incentive wars on the model as its inventory continues to stretch thinner as it transitions to the next-generation 2015 F-150. Naturally, the rivals took advantage of the leader’s weakness and General Motors increased its sales by a whopping 25%. Chrysler’s Ram 1500 model was not far back as its deliveries rose by 21%.