Jan06
December 2008 Auto Sales by the Numbers
The U.S. auto industry had the worst year since 1992 No one could predict a year ago how bad the auto industry would hit; unfortunately we haven’t seen the worst yet. The total industry fell to over 35 percent from last years leaves despite the amount of incentives offered to consumers. According to Edmunds.com the average incentive rose 8 percent to just over $2,900 per vehicle in December. General Motors hasn’t seen annual totals of such triviality since 1959, Ford year end total was not much better, the lowest since 1961. Chrysler LLC dropped to 53.1 percent while for the second straight month American Honda and Toyota were down over 30 percent. U.S auto sales fell to 18 percent to an unconfirmed 13.2 million down 3 million from last years totals the worst since 1992 when the United States was recovering from a it's last recession.
Below are the sales numbers lets hope that next months numbers are better.
Numbers in this table are calculated by Automotive News based on actual monthly sales reported by the manufacturers and may differ from numbers reported elsewhere. Note: Other includes estimates for Ferrari, Lamborghini and Lotus; actuals for Maserati *Includes Mini and Rolls-Royce **DaimlerChrysler sold the Chrysler group on Aug. 3, 2007 ***Incudes Maybach, Mercedes-Benz and Smart ****Includes Jaguar and Land Rover (through May 31, 2008) and Volvo; Aston Martin's estimated sales are included through May 2007 *****Includes Saab †Includes Honda Division and Acura ††Includes Hyundai and Kia †††Includes Nissan Division and Infiniti ‡Tata Motors includes Jaguar and Land Rover as of June 1, 2008; Jaguar Dec. 2008 sales are estimates ‡‡Includes Toyota Division, Lexus and Scion ‡‡‡Includes VW, Audi and Bentley
Source: Automotive News, Edmunds.com
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