Friday, April 3, 2015

March 2015 U.S. Full-Size Truck Sales Decline – Cain’s Segments

toyotatundraForecasts suggested that U.S. new vehicle sales would decline in March 2015, but the auto industry reported a slight uptick compared with March 2014. The moderate 0.5% improvement occurred despite a 4% passenger car sales decline and a 0.6% drop in full-size pickup truck sales.


• GM truck increase contrasts with overall GM decline

• Ram truck decrease contrasts with overall FCA improvement


Granted, the March decline for full-size trucks was slight; the F-Series, Ram, Tundra, and Titan decreases were nearly completely counteracted by a GM increase.

Moreover, the first-quarter of 2015 was a healthy one for full-size trucks, with the five top nameplates all reporting improved sales compared with the first three months of 2014.

Truck
March
2015
March
2014
%
Change
3 mos.
2015
3 mos.
2014
%
Change
Ford F-Series
 67,706 70,940 -4.6% 177,312 173,358 2.3%
Chevrolet Silverado
 45,193 42,247 7.0% 126,694 107,757 17.6%
Ram P/U
41,595 42,532 -2.2% 101,511 96,906 4.8%
GMC Sierra
17,395 16,863 3.2% 45,173 42,213 7.0%
Toyota Tundra
11,508 11,589 -0.7% 28,757 27,402 4.9%
Nissan Titan
1,048 1,314 -20.2% 2,638 3,318 -20.5%
Total
184,445 185,485 -0.6% 482,085 450,954 6.9%

But Ford F-Series sales slipped 5% last month compared with March 2014, an especially strong F-Series sales month, though F-Series sales were up narrowly compared with March 2013. The Ford outsold the combined efforts of the Chevrolet Silverado and GMC Sierra for the second time in three months.

GM's twins posted a combined increase of 6% in March. Their 62,588 sales generated 34% market share, up two percentage points compared with March 2014. Their improvement didn't stop GM from reporting a 5% loss – GM car sales plunged 21%.

Truck
March
2015
Share
March
2014
Share
3 mos.
2015
Share
3 mos.
2014
Share
Ford F-Series
36.7% 38.2% 36.8% 38.4%
Chevrolet Silverado/GMC Sierra
33.9% 31.9% 35.7% 33.3%
Ram P/U
22.6% 22.9% 21.1% 21.5%
Toyota Tundra
6.2% 6.2% 6.0% 6.1%
Nissan Titan
0.6% 0.7% 0.5% 0.7%
Full-Size Share Of
Total Pickup Truck Market
85.2% 88.9% 84.9% 88.8%
Full-Size Pickup Share
Of Total Industry
11.9% 12.1%  12.2% 12.0%

Just days after TTAC explored the idea of 58 consecutive months of year-over-year, Ram truck improvement, Ram P/U sales in March 2015 declined for the first time since April 2010. The decrease was slight, only 937 units, and it didn't stop the overarching FCA/Chrysler Group from posting the manufacturer's 60th consecutive monthly increase.

Timothy Cain is the founder of GoodCarBadCar.net, which obsesses over the free and frequent publication of U.S. and Canadian auto sales figures.

The post March 2015 U.S. Full-Size Truck Sales Decline – Cain's Segments appeared first on The Truth About Cars.



from The Truth About Cars http://ift.tt/Jh8LjA

IFTTT

Put the internet to work for you.

Delete or edit this Recipe

No comments:

Post a Comment

Archive