America’s Hottest Selling Cars

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By Douglas A. McIntyre Published
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SL550

Subaru, Mercedes, Audi and Toyota dealers had trouble keeping their cars on the lot in April. Based on sales growth data and consumer ratings of autos sold in the United States, the news is not surprising.

Research firm Edmunds uses “days to turn” as a measure of demand. The firm’s definition:

Days to Turn is the average number of days vehicles were in dealer inventory before being sold during the months indicated.

The average days in April was just under 70. Subaru’s number was around 30, Audi’s around 35, Mercedes around 42 and Toyota’s around 44.

Subaru’s sales have surged this year, and April was no exception. Sales last month rose 21.7% to 40,083. For the year sales are up 21.5% to 152,471.

ALSO READ: The Best Selling Cars in the World

Mercedes vies with BMW as the best-selling luxury car in America. Mercedes sales rose 10.9% in April to 28,282. Mercedes and BMW are being chased by the Audi luxury division of Volkswagen. Its all-wheel drive cars have become so popular with American drivers that Mercedes and BMW offer the same feature on most of their cars.

Toyota Motor Corp.’s (NYSE: TM) sales rose 13.3% in April to 199,660. It came close to catching rival Ford Motor co. (NYSE: F), which sold 210,335 cars in April — down .8%

ALSO READ: The World’s Most Valuable Brands

All but one of the hottest four brands rate above average in the J.D. Power 2014 U.S. Vehicle Dependability Study, which is based on “problems per hundred vehicles.” Mercedes ranked second in the survey. Toyota and Subaru were well above average. Only Audi fell below the industry average — by a very modest amount.

Three of the four brands do equally well in the annual Consumer Reports study of best and worst cars. Among the “top scoring cars” there were three Audis, one Mercedes and two Toyota products.

It appears that car sales in the United States, which were so extraordinarily strong in 2012 and 2013, have cooled somewhat this year. Perhaps so many people bought new cars in the past two years that demand has dropped. Perhaps consumer spending has dipped some. For the time being, Audi, Mercedes, Toyota and Subaru are not feeling those effects.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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