Chevy Corvette once again drags segment into the red, as sales of the Porsche 911 rise, while those of the McLaren 720S soarSales in the US Large Sports and Exotics segment fell by 8.8% to 10,275 in the first quarter of 2018, continuing on from the 7.0% sales decline in 2017. Once you exclude Chevrolet Corvette, which accounts for more than half the sales in the segment, the outlook is less bleak – sales of the remaining models rose by 6.4%. With outside [Read more…]
The recently-unveiled Mercedes-Benz A-Class Mk IV has garnered rather mixed reactions. While most love its progressive interior, which relies on stand-alone screens not just for the infotainment, but also for the instrument cluster, others bemoan the exterior design which, they feel, hasn’t moved the game enough from the Mk III model. While [Read more…]
The Geneva Auto Show is one of the most important in the world, together with Detroit and Shanghai. Every year the Palexpo exhibition halls are jam-packed with exciting new launches from both the familiar mass-market brands and the obscure one-off garage-at-home builders. In terms of new production cars, Geneva never disappoints with more than a handful of all-new cars ready to hit showrooms in the coming months. After walking around on the show floor for two days, carefully observing, inquisitively test-sitting and numbing our ears with the broken record of marketing jargon, we’ve reached a verdict on what’s hot and what’s not.
In addition to the regular poll asking the “which is your favorite?” question, we also thought we’d ask you a slightly different question, more in the spirit of CarSalesBase – “which new car do you expect to deliver the biggest sales improvement on its previous generation?”. Enjoy! [Read more…]
Sales of exotic cars in Europe increase 13% in 2017 to 6.776 units. For the first time the Ferrari 488 takes the annual segment crown, its predecessor 458 Italia never took the title so the last time a Ferrari was the best selling exotic car in Europe was in 2009, the last year of the F430. This is the first time in six years the Bentley Continental GT does not top the exotics sales charts, and the difference between the two models was just 7 sales as the Continental made a final sprint in an attempt to reclaim the lead. A new generation of the Bentley is due in 2018 so the tables are likely to be turned again this year. In third place we find the Aston Martin DB11, the segment leader in the first quarter of the year. This top-3 controls 63% of the segment and they’re the only models with four-figure sales in Europe. Best of the rest is the Lamborghini Huracan, up 25% to improve sales every year since its launch, as well as setting a new annual sales record for any Lamborghini model in Europe, beating the Gallardo’s 629 sales in 2007. The Aston Martin Vanquish is up 45% but falls 20 sales short of breaking its annual sales record from 2013 when the current generation was just launched. That helps it become the best selling V12-only model ahead of the Lamborghini Aventador, down 13% and the Ferrari F12, down by a third as its replacement 812 Superfast arrived in showrooms. The Rolls Royce Dawn convertible slightly dips but remains ahead of the Wraith coupe. The Honda NSX sells just an average of 10 units a month in its first year. Lastly, Bugatti delivered 16 unique copies of the Chiron in Europe last year, one shy of the Veyron’s peak year of 17 deliveries in 2007.
Chevrolet Corvette leads segment decline, despite Q4’17 sales surge from Porsche 911 and Mercedes-AMG GTSales in the sports large and exotics segment returned to growth in the fourth quarter (sales up 1.2% to 13,709), although overall sales in 2017 still fell by 7.0% to 51,278. Once you exclude Chevrolet Corvette, which accounts for more than half the sales in the segment, the outlook is much more rosy, with Q4’17 growth of 20.0% and a year-on-year [Read more…]
Sales collapse of segment-leading Chevy Corvette leads segment to unexpected Q3 sales dropSales of Large Sports Cars and Exotics suffered an unexpected collapse in the third quarter of the year – after declining by around 5% in the first two quarters of the year they fell by 23% in the third quarter. Time will tell if this is a sign of tough times ahead, or possibly a temporary correction after two strong quarters. The lack of new metal won’t help – while the new Lexus LC is proving a big hit with buyers, many of the segment stalwarts are rapidly moving past their “sell by” date (Mercedes-Benz SL, Maserati GranTurismo).
After a slight decrease in the second quarter of 2017,sales of exotic cars in Europe have returned to double digit growth with a 10% increase in the third quarter. As a result, the year-to-date figure is still up 16% to just over 5.500 units. The all-new Aston Martin DB11 has already lost the segment lead it took in the first quarter, as it was down into third place in both Q2 and Q3. The best seller in the third quarter was the former segment leader Bentley Continental GT, even though the next generation of that model has already been revealed and will hit showrooms in 2018. The current generation lost 13% of its volume in the third quarter. The Ferrari 488 was up 13% in Q3 and holds on to its top spot for now, but it will be a tight race with the Continental GT if the latter keeps up its momentum. If the Bentley manages to top the ranking again this year, it would mark the 6th consecutive year the model will do so. For the 488 it would be the first time in its career. Its predecessor 458 Italia never took the title, as the last time a Ferrari was the best selling exotic car in Europe was in 2009, the last year of the F430. The only other model to sell over 150 units in Q3 is the Lamborghini Huracan, up 8% on last year.
After a booming first quarter of 2017, sales of exotic cars in Europe have stabilized with a 2% decrease in the second quarter. First half sales are still up, but by “only” 18%, to 3.951 units. We already had a new segment leader in Q1 with the all-new Aston Martin DB11, but in Q2 we crown yet another new leader, as the Ferrari 488 has topped the charts for the first time in its career. Ever since it replaced the former segment leader Ferrari 458 Italia, the Bentley Continental GT had topped the charts. Until this year, that is. After a stable Q1, the Continental loses 23% of its volume in Q2, which leads to an 11% loss year-to-date. The next generation will be revealed at the Frankfurt Auto Show in a few weeks time and will arrive in Bentley showrooms next year. The DB11 slows down slightly in the second quarter and was even outsold by the Continental GT in Q2 (by just 6 sales), but is expected to rebound later this year when deliveries of the AMG V8 twin turbo engine pick up steam. The only other model in the segment to sell more than 100 units per quarter is the Lamborghini Huracan in fourth place with a 12% increase in the first half.
Lexus LC enjoys a strong market debut to rank fourth in Q2’17 standings, while Porsche 911 continues to lose salesSales of Large Sports Cars and Exotics fell by 2.6% in the second quarter of 2017, a slower pace of decline than the 10.4% registered in 2016, or the 5.5% registered in the first quarter of the year. Could this be a sign that the segment is going through a bit of a resurgence? As we previously mentioned, this segment had undergone a huge growth in years past, so the recent declines come from a heady height, and suggest the segment may simply be stabilizing at a sort of “good times” average size, before once again shrinking drastically when the next recession hits (such is the fate of a segment where most cars sell for well over $100,000).
Sales of exotic cars in Europe have exploded in the first quarter of 2017, with a growth of 45% to over 2.100 units. And after years of domination by the Bentley Continental GT and Ferrari 458 Italia, we have a new segment leader, straight out of the box. With almost a quarter of total segment sales, the all-new Aston Martin DB11 has stormed to the top of the ranking, ahead of the Ferrari 488 which maintains its second place thanks to a sales growth of 35%, while the former segment leader Continental GT is kicked down to third place with stable sales. Never before has an Aston Martin topped the exotic car segment in Europe, but the DB11 is an obvious hit with affluent buyers. It has turned the two-horse race at the top of the ranking into a three-way, as the top-3 dominates the segment with 68,3% of total sales as the #3 sells more than triple the volume of its closest rival.