January is usually a slump month for all kinds of retail businesses, and automobile sales in January 2012 reflected the usual post-Christmas malaise. Mainstream news outlets were offering two narratives: Overall sales were up compared to January of 2011, and the Big Three are scoring big numbers. (Some reservations were made for GM, which saw a number of products stall.) You'll have to pardon us for not diving headfirst into the euphoria, though. Estimates released this week show that the growth was largely driven by fleet sales, which increased a whopping 25 percent for the combined overall sales of the biggest seven automakers in the U.S. versus last January. GM, Chrysler, and Toyota were the worst offenders. As for the rest of the market, read on. Halftime in America, Half Built in AmericaDate on which Chrysler first aired its new "Halftime in America" TV ad: 2/5 What the numbers reveal: More than half of the cars and trucks Americans buy were in fact built in the States—but not much more than half. Regardless of anyone's take on Chrysler's ad, millions of vehicles are built here every year and the auto industry is still an enormous part of the U.S. economy. Are we de-industrializing? Not yet. Mainstreaming VWSales of all Volkswagens in the U.S. in January 2012: 27,209 What the numbers reveal: Volkswagen will trumpet its gains every month—it certainly sounds impressive to say sales are up 47.9 percent—but in absolute numbers, the company still is far behind heavy hitters like Toyota (108,731 in January) and Chevrolet (123,864). We can't look past the company's new, almost brazen insistence that it's going to become a major player in the U.S. Some weep for the loss of the previous-gen, MkV Jetta, but sales of the Novocain-injected bar of soap now wearing the Jetta badge have so outpaced those of its predecessor that VW's decision is virtually beyond criticism. Passat production is similarly exploding, and the automaker can't keep up with demand. Think that's impressive? Just wait until the three-row SUV debuts within the next few years. Turbos LagCombined sales of the 10 bestselling vehicles in January 2012: 226,003 What the numbers reveal: Downsizing and turbocharging is the undeniable trend, so many folks say. In many ways, they're right: Both the number of models that offer turbocharged variants and the total volume of turbocharged cars sold here are growing rapidly. But in many of these cases, the turbocharged engine replaces an optional, larger naturally aspirated engine. (For just one example, see the new Ford Fusion.) Base engines in mainstream cars are still for the most part naturally aspirated—and those are still the most popular models. Ford's EcoBoost V-6 (pictured above) has been a surprisingly popular choice in the F-150, however, accounting for more than a third of sales some months. The Mitsubishi Galant Still Exists—Sort Of | |||
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Friday, February 10, 2012
January 2012 Sales: What the Headlines Don’t Tell You
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