The US car market managed to eke out its first sales increase in 2019, although the meagre 0.1% sales growth hardly made a dent in the YTD sales decline, which now stands at 2.2%. That said, May is often viewed as a weathervane for the rest of the year, and if this turns out to be the case in 2019, there may yet be a chance for the market’s fortune to pick up substantially in the coming months.
Mainstream brands saw their sales decline by 0.3%, their best performance so far in 2019, while luxury brands saw their sales grow by 3.0%, a considerably better performance than their 1.2% sales growth YTD
Six out of the Top 10 brands registered positive sales growth in May, an increase on the five brands that registered positive growth in April
Most of the brands in the Top 10 performed in May much as they had so far this year, with two exceptions: Honda saw its sales decline by 5.9%, erasing its YTD growth in 2019, while Nissan once again saw its sales rise in 2019, although the meagre 1.1% sales growth did not go very far to make amends for the brand’s YTD sales decline, which fell slightly to 5.9% in May
Ram had a great month yet again, with its 29.4% growth rate making it the best month of 2019 so far, and one of the best in many years, second only to the 44% growth rate the brand registered in Nov’18
Subaru managed to extend its run of growth to 90 consecutive months
The mainstream brands just outside the Top 10 had a good month, with VW experiencing its best month since Mar’18 (up 14.4%), and GMC, Dodge and Buick all registering decent single-digit growth
Further down the standings things were not quite so bright for mainstream brands, with Mazda and Chrysler both registering their regular, double-digit sales decline, and Mitsubishi, once again registering a sales decline in May, which brought its YTD growth down to just 4.6%
Among the top luxury brands Mercedes-Benz, Lexus and Audi all registered mild sales declines, while BMW registered a mild sales increase
Right behind these four brands was EV-wunderkind Tesla (sales almost doubled on May’18), leading a gaggle of other luxury brands, some with small sales growth (Acura, Volvo), others seeing their sales fall (Cadillac*, Infiniti, Lincoln)
With sales of its new G70 model now properly ramping up, Genesis saw its sales more than double on May’18, by far the best month-on-month growth rate in the brand’s short life, and the first time the brand has sold more than 2,000 in one month (by comparison, Mercedes-Benz sold almost 30,000 cars in May)
This good performance allowed the Korean brand to outsell Jaguar for the first time, with the British brand unable to repeat its great performance from the past few months, as it saw its sales fall by 14.6%
Things are going from bad to worse over at Alfa Romeo, with May sales falling by a third compared to last year, pushing the brands YTD decline past a quarter
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.