Car Sales Up for March

Posted in News
Thu, Apr 1 - 5:44 pm EDT | 4 years ago by
Comments: 0
Share This Post:
  • Facebook
  • StumbleUpon
  • Tumblr
  • Reddit
  • Twitter

Things are looking good right now in auto sales. Many companies posted increases in March 2010 compared to last year, with some breaking all-time March sales records. Let’s take a look at some of the auto sales numbers that were announced today.

Car Sales

Image: istockphoto

Kia Motors America (KMA) today announced the brand’s all-time best March sales of 30,522 units sold, a 23.5-percent increase over the same period last year and 10.7-percent increase over the previous March sales record set in 2007

Hyundai Motor America today announced an all-time sales record for both the first quarter of the year and for the month of March as the company’s all-new Sonata and Tucson clearly connected with new-car buyers across the country. In March, the company sold 47,002 vehicles, up 15.4 percent versus one year ago, marking the fifteenth consecutive month of year-over-year retail market share gains for Hyundai. And for the quarter, Hyundai Motor America sold 111,509 vehicles, outpacing the previous record first quarter of 2006.

Buick and GMC dealers in the U.S. reported sales for those brands in March that were 54 percent higher than March 2009. This led to an overall gain of 43 percent for the Chevrolet, Buick, GMC and Cadillac brands in the U.S. Total combined sales for GM’s four brands were 185,406 during the month. This represents a 34-percent increase from February 2010.

Ford punctuated a strong first quarter with a 43 percent sales increase in March. Ford, Lincoln and Mercury dealers delivered 178,546 new vehicles in March. First quarter sales totaled 428,596, up 37 percent. The 43 percent gain matches a similar increase in February. These are the highest monthly sales increases since February 1984. In March, Ford gained retail market share for the 17th time in the last 18 months.

Chrysler today announced promising March sales results, posting a 10 percent increase compared with February. All-new and improved vehicles lead the way with both month-over-month and year-over-year sales increases.

Subaru today announced its best first quarter sales ever with 57,494 units sold, continuing its strong start to 2010. March 2010 also marks another monthly record with 23,785 units sold, breaking the previous March record in 2006 of 19,049 units sold. The automaker has broken sales records for eight of the last ten months.

Mercedes-Benz USA (MBUSA) today reported March sales of 20,023 vehicles, up 28.3%, propelling the company to a 25.7% increase for the first quarter. The new 9th generation E-Class continued to exhibit strong momentum with sales of 5,042 (up 154.9%) and the sporty GLK followed suit with sales of 2,333. On a year-to-date basis, the company sold 50,566 new vehicles, an increase of 25.7% over last year.

Toyota Motor Sales (TMS) today reported March sales results of 186,863 units, an increase of 35.3 percent over the same period last year, on a daily selling rate (DSR) basis. On a raw volume basis, unadjusted for 26 selling days in March 2010, compared to 25 selling days in March 2009, TMS sales were up 40.7 percent for the month, compared to the same period last year.

American Honda Motor Co. posted March sales of 108,262 vehicles, an increase of 17.8 percent based on the daily selling rate*, the company announced today. American Honda year-to-date sales of 256,412 represent an increase of 12.5 percent based on the daily selling rate. Honda Division posted March sales of 96,540, an increase of 16.9 percent versus March 2009, and was led by total car sales of 55,341, up 7.8 percent.

Share This Post:
  • Facebook
  • StumbleUpon
  • Tumblr
  • Reddit
  • Twitter