More Data on November U.S. Car Sales
We noted earlier this morning that U.S. new car sales continue to rise in November, but a few of the usual suspects had not reported sales at the time. But all the major manufacturers have now reported sales, and we…
We noted earlier this morning that U.S. new car sales continue to rise in November, but a few of the usual suspects had not reported sales at the time. But all the major manufacturers have now reported sales, and we thought we’d post a a late rundown.
The largest year-over-year gain in November can be claimed by Honda Motor Corp. (NYSE: HMC), up 38.9% with sales of 116,580 units. The company’s Civic model broke a 12-year November sales record.
Volkswagen, which saw U.S. sales jump 29.3% to 36,678 units sold. That’s Volkswagen’s highest November total in 40 years.
Toyota Motor Co. (NYSE: TM) had a sales increase of 17.2% from November 2011, selling 161,695 units, including its Lexus and Scion divisions.
Chrysler Group LLC sold 122,565 units in November, up 14% year-over-year. Sales of the parent company’s Fiat 500 were up 123% to 3,603 units in November.
Ford Motor Co. (NYSE: F) sold 177,092 vehicles in November, up 6.4%.
General Motors Co. (NYSE: GM) sold 186,505 vehicles in November, more than any other automaker, but an increase of just 3.4% year-over-year.
Nissan saw a rise of 13%, to 96,197 vehicles sold.
Hyundai reportedly saw sales rise 8%f to 53,487 units sold.
BMW/Mini sales rose 38.8% to 36,461 vehicles sold, of which 31,213 were BMW models.
Paul Ausick
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
