I promised I’d get the mid-year sales report to you, although I don’t have faith in the numbers due to the CDK computer meltdown at the pivotal end of June, just as the second quarter was ending. I think we’ll see a spike in July numbers from the June sales that could not be reported. Even with that, sales were up the first half of 2024 over the first half of 2023 by a little over 1%, so good news for the auto industry.
Surprisingly, Fiat, Lincoln, and Volkswagen were up the most over last year, but to put it in perspective, none of them had a good first half of 2023. In the biggest fall, I am surprised that Acura and Ram were way off. At Acura I suspect lack of vehicles this year hurt them, but Ram is a mystery. In fact, all the Stellantis brands are off this year. They don’t seem to be keeping up with the competition on incentives, and they have had a number of long-time executives depart this year. The dealers are begging for help to move vehicles, they are terribly overstocked and the interest bills are huge. In fact, Honda jumped ahead of Stellantis year-to-date for the first time I can ever remember. This is something I will continue to watch.
In the top five, Toyota, Ford, Honda, and Nissan were all up, with Chevrolet being down, but barely. The race between Ford and Toyota is one to watch the rest of the year. Toyota will likely be victorious as #1 again, they still have a lot of new product in the pipeline, and Ford really doesn’t.
I did not include the all-electric car makers, as I told you last week, most of those companies just estimate sales and I don’t find the information reliable.
Mid-Year 2024 U.S. Auto Sales
Here are your winners and losers for the first half of 2024 against sales the first half of 2023:
Manufacturer | First Half Of 2024 | Change vs 2023 |
1. Toyota |
1,019,429 |
16% |
2. Ford |
1,003,726 |
4% |
3. Chevrolet |
838,697 |
1% |
4. Honda |
626,266 |
12% |
5. Nissan |
461,433 |
3% |
6. Hyundai |
399,523 |
2% |
7. Kia |
386,461 |
2% |
8. Subaru |
322,443 |
6% |
9. Jeep |
304,182 |
9% |
10. GMC |
281,882 |
2% |
11. Mazda |
202,486 |
9% |
12. Ram |
200,792 |
25% |
13. Volkswagen |
182,900 |
26% |
14. Mercedes-Benz |
179,489 |
6% |
15. BMW |
175,724 |
3% |
16. Lexus |
167,411 |
12% |
17. Audi |
93,282 |
14% |
18. Dodge |
92,737 |
16% |
19. Buick |
89,774 |
11% |
20. Chrysler |
74,574 |
8% |
21. Cadillac
|
73,904 |
2% |
22. Volvo |
62,882 |
5% |
23. Acura |
53,371 |
27% |
24. Mitsubishi |
51,133 |
12% |
25. Lincoln |
48,817 |
26% |
26. Land Rover |
32,717 |
15% |
27. Porsche |
32,323 |
11% |
28. Genesis |
31,821 |
3% |
29. INFINITI |
28,027 |
13% |
30. MINI |
12,239 |
18% |
31. Jaguar |
5,093 |
17% |
32. Alfa Romeo |
4,479 |
2% |
33. Rolls-Royce |
925 |
5% |
34. McLaren |
535 |
Flat |
35. Fiat |
470 |
68% |
-
Toyota 1,019,429 - Up 16%
-
Ford 1,003,726 - Up 4%
-
Chevrolet 838,697 - Down 1%
-
Honda 626,266 - Up 12%
-
Nissan 461,433 Up 3%
-
Hyundai 399,523 Up 2%
-
Kia 386,461 Down 2%
-
Subaru 322,443 Up 6%
-
Jeep 304,182 Down 9%
-
GMC 281,882 Down 2%
-
Mazda 202,486 Up 9%
-
Ram 200,792 Down 25%
-
Volkswagen 182,900 Up 26%
-
Mercedes-Benz 179,489 Up 6%
-
BMW 175,724 Up 3%
-
Lexus 167,411 Up 12%
-
Audi 93,282 Down 14%
-
Dodge 92,737 Down 16%
-
Buick 89,774 Up 11%
-
Chrysler 74,574 Down 8%
-
Cadillac 73,904 Down 2%
-
Volvo 62,882 Up 5%
-
Acura 53,371 Down 27%
-
Mitsubishi 51,133 Up 12%
-
Lincoln 48,817 Up 26%
-
Land Rover 32,717 Up 15%
-
Porsche 32,323 Down 11%
-
Genesis 31,821 Up 3%
-
INFINITI 28,027 Down 13%
-
MINI 12,239 Down 18%
-
Jaguar 5,093 Up 17%
-
Alfa Romeo 4,479 Up 2%
-
Rolls-Royce 925 Up 5%
-
McLaren 535 Flat
-
Fiat 470 Up 68%
Photo Credit: Andy Dean Photography/Shutterstock.com.