Filed under: By the Numbers
By the Numbers: March 2008
Though many news outlets will decry March as a horrible sales month in the auto industry, it wasn't that bad and there are some notable successes. The reason it isn't as bad as some will tell you is because most outlets compare the volume of cars sold last month to the same month in 2007, rather than comparing the average number of cars sold per day. Since there were two extra selling days last year (28 vs. 26), looking at the raw numbers is very misleading. All of our numbers below represent the change in the Daily Sales Rate (DSR) rate, so some brands that actually sold less overall did well by selling more cars per day.There's no way, however, to sugarcoat the performance of General Motors and Chrysler LLC last month. Both sold about 13% fewer cars per day than last year. Ford Motor Company, meanwhile, was bolstered by a hot-selling Focus and mitigated the damage to just –7.7%. Toyota Motor Co. also got caught in the crossfire, with avg. sales per day down 3.4%. The BMW Group, Honda America and Nissan North America must've known something (or sold something) the rest didn't, as all improved their DSR last month.
We must point out Jaguar, which, thanks to the first month of XF sales, is up for the first time that we can remember. Saab, which has also been consistently flanked by a red arrow, bounced back improving its DSR by 12.4% last month. Volkswagen came out of nowhere with a 21.5% jump, and MINI took the crown of Biggest Winner with a 26.4% rise in its DSR.
Biggest Winner
MINI
26.4% at 4,289 (3/07: 3,655)Biggest Loser
HUMMER
–23.3% at 3,451 (3/07: 4,847)BRANDS
Acura
–15.8% at 13,288 (3/07: 16,986)Audi
7.2% at 7,987 (3/07: 8,020)BMW
–1.7% at 23,115 (3/07: 25,325)Buick
–18.2% at 12,317 (3/07: 16,222)Cadillac
–0.8% at 17,453 (3/07: 18,943)Chevrolet
–16.9% at 164,564 (3/07: 213,156)Chrysler
–15.8% at 40,539 (3/07: 51,874)Dodge
–15.3% at 85,906 (3/07: 109,226)Ford
–6.7% at 187,828 (3/07: 216,788)GMC
1.2% at 38,422 (3/07: 40,894)Honda
6.9% at 125,446 (3/07: 126,406)HUMMER
–23.3% at 3,451 (3/07: 4,847)Hyundai
9.8% at 42,796 (3/07: 41,984)Infiniti
7.3% at 13,821 (3/07: 13,877)Jaguar
13.2% at 1,752 (3/07: 1,667)Jeep
–5.1% at 39,941 (3/07: 45,335)Kia
–2.8% at 24,871 (3/07: 27,567)Land Rover
–10.2% at 3,054 (3/07: 3,663)Lexus
–6.9% at 24,939 (3/07: 28,855)Lincoln
–20.4% at 10,913 (3/07: 14,770)Mazda
–6.0% at 32,929 (3/07: 37,742)Mercedes
3.7% at 20,808 (3/07: 21,612)Mercury
–11.4% at 14,333 (3/07: 17,426)MINI
26.4% at 4,289 (3/07: 3,655)Mitsubishi
–7.7% at 10,750 (3/07: 12,536)Nissan
3.1% at 93,100 (3/07: 97,242)Pontiac
–10.1% at 25,417 (3/07: 30,448)Porsche
–13.8% at 2,624 (3/07: 3,278)Saab
12.4% at 2,962 (3/07: 2,837)Saturn
–7.5% at 18,146 (3/07: 21,123)Toyota
–2.9% at 192,791 (3/07: 213,820) Volkswagen
21.5% at 19,587 (3/07: 17,355)Volvo
–6.4% at 9,263 (3/07: 10,661)YET TO REPORT
Subaru
Suzuki
COMPANIES
BMW Group
1.8% at 27,404 (3/07: 28,980)Chrysler Group
–13.2% at 166,386 (3/07: 206,435)Ford Motor Co
–7.7% at 227,143 (3/07: 264,975)General Motors
–13% at 282,732 (3/07: 349,866)Honda America
4.2% at 138,734 (3/07: 143,392)Nissan North America
3.6% at 106,921 (3/07: 111,119)Toyota Motor Co.
–3.4% at 217,730 (3/07: 242,675)
Reader Comments (Page 1 of 4)
Xcountryflyer 4:26PM (4/01/2008)
Hummer takes the cake for biggest sale loser this month. And they'll continue to lose sales as gas prices remain the same or go higher, which will result in even greater declines. It's about time.
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Maxima98 4:43PM (4/01/2008)
When was the last time Hummer saw the green arrow?
AB can you help with this question?
Jvijil 4:27PM (4/01/2008)
wow jaguar sold a car!!
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iSpec 4:29PM (4/01/2008)
The Hyundai Group now outsells Chrysler? Easily, in fact! WOW
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RamSport47 5:47PM (4/01/2008)
You can't add numbers, can you. Chrysler LLC, sold 166,386 vehicles, and Hyundai/Kia sold 67,667...looks to me like Chrysler sold almost 100,000 MORE vehicles than Huyundai/Kia
Kayne001 9:24PM (4/01/2008)
you may be missing this
%
Frank 8:58AM (4/02/2008)
The Chrysler brand has NEVER been the volume seller for Chrysler corporation. The Dodge brand is the volume seller. Dodge is the 5th best selling brand in the US and sells over a million vehicles a year. Saying Hyundai group or Hyudai alone sells more than Chrysler brand is like saying Hyundai sells more than Mercury. Ford alone or Ford as a group still sells more.
not4no1 4:30PM (4/01/2008)
GO MINI FTW!
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dan spalinger 4:32PM (4/01/2008)
Have to start including SMART in this list now too...Automotive News is doing so in its national calculations...
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mikeyt 4:36PM (4/01/2008)
yea saab =D
maybe people are noticing the updated 9-3 ?
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DomManganelli 5:47PM (4/01/2008)
only up by 130 cars... i really hate them for re-badging a trailblazer. born from jets? really?
SPG 6:23PM (4/01/2008)
Love the crisp, sharp newly updated 9-3.
And yes, the 9-7x will soon be cut thankfully.
Joel 7:44PM (4/01/2008)
Agreed, yay for Saab!
connor 4:39PM (4/01/2008)
jaguar sales accounted for 1,161 xfs sold. go jag.
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mikeyt 4:39PM (4/01/2008)
what? of course they outsell chrysler, but are you also looking at dodge and jeep?
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ilyaat 4:41PM (4/01/2008)
So tell me again please, how does the NISSAN numbers work?
Nissan 3.1% at 93,100 (3/07: 97,242)
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ROBZ 4:55PM (4/01/2008)
Since there were two extra selling days last year (28 vs. 26), looking at the raw numbers is very misleading.
Snutz 5:06PM (4/01/2008)
Daily Sales Rate: Number of cars sold per selling day in a month.
2007: 97,242/28 days = 3472.9 cars/day
2008: 93,100/26 days = 3580.8 cars/day
3580.8/3472.9 = 1.031
Therefore, a 3.1% increase.
zamafir 4:47PM (4/01/2008)
Am I the only one that's shocked VW's up 21%?
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BluePariah 4:55PM (4/01/2008)
Not really. It's all about the Sign Then Drive Sales Event.. Everything is 0 down and their moving like hot cakes. Hell, I even picked up a GTI (Which I love, btw). The event was so successful, in fact, that they extended it another month into March. Smart move, I think. The only way to ditch the perception of poor quality is to get some vehicles into the hands of the people.
Still, the April numbers will probably drop unless they extend the event again.