May 2009 U.S. Auto Sales - Amid Turmoil, Dealers See Modest Gains
Despite the uncertainty leading up to General Motors’ Monday, June 1 bankruptcy announcement, auto sales saw modest improvement during the month of May. According to numbers from Autodata Corp., 106,284 more cars were sold in May than in April of this year.
International Brands Hold Market Share Edge
International brands sold 501,096 vehicles in May, up from
442,124 vehicles in April, but down from 776,272 in May 2008. Asian brands
accounted for 45.6 percent of the market, down from 48.1 percent in April
2008, and Europeans had an 8.5 percent share, up from 7.5 percent. Domestic
brands finished the month with 45.9 percent of the market.
Top Selling Vehicles Hold Steady
The Ford F Series
Pickup Truck took back its number one crown from the Honda Accord this
month. The Ford pickup has been positioned in the number one spot every
month of 2009 with the exception of April. The Ford Fusion (7 on the list)
and the Volkswagen Jetta (19) are the only vehicles to see positive growth
from May 2008. The Fusion is up 9.4 percent over this time last year, the
Jetta is up a whopping 27.6 percent. International vehicles hold 10 of the
top 20 vehicles slots for the month of May.
Trucks vs. Cars
Consumers purchased more Asian cars
in the month of May over the domestic light truck by a difference of 4,062
vehicles. This trend began in March of this year and is expected to grow as
international vehicle shares continue to rise.
Outlook
Manufacturers sold 925,824 new cars and
trucks in May, the highest level thus far in 2009. Those sales resulted in
a seasonally adjusted annual selling rate of 9.9 million, up from a
predicted rate of 9.3 million in April.
See below for a complete breakdown of May 2009 monthly and year-to-date sales by international nameplate.