Most major automakers have reported sales increases in November thanks to increased demand for light trucks, with Hyundai on top with a 12 percent gain.
Hyundai Motor America posted its best November ever, with sales of 60,007 cars, up 12 percent compared with one year ago. Small cars and CUVs lead the charge. “With the combination of a strong economy, lower gas prices and improving crossover inventory, Hyundai experienced a record November,” said Derrick Hatami, vice president of national sales for Hyundai Motor America. “In addition to our Tucson nearly doubling its sales over November 2014, a number of our products experienced double digit sales gains.” Hyundai’s small cars, Accent, Veloster and Elantra were up 44, 70 and 26 percent, respectively, while Tucson was up 90 percent and 6/7 passenger Santa Fe up 55 percent.
But most of the major automakers posted increases in US sales in the last month, from a modest 0.3 percent for Ford Motor, to 3.8 percent at Nissan Motor and with Hyundai’s 12 percent boost that stood out. However, not all the auto companies reported positive figures, as American Honda and Volkswagen Group posted a decline in deliveries. Still, overall industry volume has topped the positive projections, as the US sales rose by 1.6 percent to 1.284 million last month, but without the results from Daimler AG’s cars.
A strong demand for the Rogue crossover made Nissan Motor to gain 3.8 percent in sales, while Toyota’s volume increased by 3.4 percent. Fiat Chrysler is on a 68 monthly upward trend with a 3 percent rise in November. GM’s had a 1.5 percent increase, while Ford posted a modest 0.3 percent gain. Negative figures have been posted by Volkswagen, with a 25 percent plunge amid emissions scandal, and by Honda Motor who fell 5.2 percent to 115,441 vehicles (3.5 percent decrease for Honda brand), with an 18 percent drop for Acura. Honda brand’s deliveries slipped 3.5 percent.
Via Automotive News