It was another rough month for the auto industry as the chip shortage continues to hurt production and keep dealer inventories extremely low.
May 2022 sales were off almost 30% from May 2021, at least with the automakers that still report sales monthly. We will have a better picture at the end of June when all car companies will report 2nd quarter sales. It is unlikely the percentage off will change much, it’s still rough out there.
Toyota led the pack, although percentage-wise, #2 Ford was off the least from a year a ago. Only Genesis showed a year-over-year increase.
Of the car companies that reported May 2022 sales, here are the leaders by brand, and how that compares to May of 2021:
| Toyota | 154,223 | 27% |
| Ford | 145,841 | 4.3% |
| Honda | 69,031 | 56% |
| Hyundai | 59,432 | 34% |
| Kia | 57,941 Down 29% | 29% |
| Subaru | 42,526 | 25% |
| Lexus | 21,767 | 29% |
| Mazda | 15,312 | 63% |
| Volvo | 9,372 | 29% |
| Acura | 6,460 | 65% |
| Genesis | 4,400 | 18% |
Photo Credit: Toyota.