June 2009 Auto Sales Figures
It’s that time again – monthly auto sales figures. I just looked over the table that Automotive News created from the company’s figures and I see a little bit of good news. Sales are down for most companies but the losses aren’t as drastic as we’ve seen in previous months.
Domestic Automakers
As always, I’ll start off with the Detroit 3. Unless you’ve been unplugged for a few months, you know that Chrysler and General Motors are dealing with bankruptcies while Ford is faring the best.
The trend continues as Ford’s June 2009 sales figures were only down by 10.7% when compared to June 2008. While this is still a double-digit decline, it is so close to a single digit drop that I smiled with excitement! Ford moved more than 154,000 vehicles in June 2009 compared to 173,000+ in June 2008.
Chrysler is beginning to emerge from bankruptcy and has begun to reopen idled plants. The company closed nearly 800 dealerships earlier in June and so they had fewer dealers available to sell cars for the majority of the month. The company reported a 41.9% decrease in sales over June 2008. Although this is a big drop, it is an improvement over the 46.9% decline seen in May 2009 and the 48.1% decline posted in April 2009.
General Motors, which is overburdened by significant legacy costs and stagnant brands, sold more than 174,000 vehicles in June 2009. This represents a 33.4% decline when compared to June 2008. This is up from the 29% decline seen in May 2009 and the company’s bankruptcy, and dealership closings, likely led to this jump.
Imports
In addition to the three major domestic automakers, I always look at the top three auto manufacturers from Japan – Honda, Nissan, and Toyota. American Honda’s sales were down 29.5% from June 2008; this is an increase from the 25.3% decline seen in May 2009.
Nissan’s sales were down by 23.1% and Toyota posted a 31.9% decrease in June 2009 auto sales. In April 2009, Toyota’s sales were down by 41.9% and in May 2009 the company sold 40.7% fewer vehicles. The drop to a 31.9% decrease is significant and the popularity of the all-new 50-MPG Toyota Prius may be partly responsible for the increase in sales.
Check back tomorrow for the June 2009 hybrid auto sales figures.
Photo by The Consumerist
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