USA June. While the market is down again, Ram soars +45.4%

USA Vehicles Sales

USA vehicles sales is still negative (-1.9%) in June, registering 1.527.171 units sold. Ford maintains the leading position, even if falling faster than the market. Ram registers a new spectacular performance, ignoring the surrounding  gloom.

 

Economic Environment

U.S. economic growth appears set to moderate in the second quarter from Q1’s strong outturn, which was flattered by inventories and net trade effects that are likely to unwind in Q2. Nevertheless, private consumption should regain steam after a weak Q1 showing, thanks largely to a rock-solid labor market which still shows healthy momentum despite a meek print in May. Low unemployment and robust wage growth are buttressing retail sales and consumer confidence, which both posted strong readings in May.
On the other hand, business investment and manufacturing activity—which slowed in May according to ISM data—will likely be hit by the recent trade war escalation. On this front, all eyes are on the next G20 summit on 28-29 June, where Presidents Trump and Xi will meet. While a successful meeting could see a truce and a resumption of bilateral talks, the U.S. could also slap tariffs on an additional USD 300 billion of Chinese imports if discussions are not fruitful.

Market Trend

Following the sharp 2008 crisis with created a very collapse to the US vehicles market, with Chrysler group saved by the merge with Fiat and General Moors rescue by the government credit, in the 2011 the market has taken a long recovery way and grew up from 10.5 million (2010) to a new record, hit in the 2016 with 17.5 million.

The change in the White House guest and the new protectionist policy, with initial economy boom due to the sharp tax cut, did not benefit the sector and in the last two years the market has moderately lost, down to 17.23 million in 2017 and then to 17.34 million in the 2018.

The 2019 start was negative and the market seems having lost its stability as both January and February trends were negative:  -3% with 1.123.345 sales and -3.3% with 1.258.042 units respectively.

In March the market reported again a negative trend (-3.1%) and the Q1 closed up with 3.986.621 units (-3.1%).

The market trend is still negative (-1.6%) in April with 1.336.853 registrations. In May the market is just beneath zero (-0.1%) with 1.594.694 units. In June sales are still negative (-1.9%) with 1.527.171 units.

The Q2 figures are 8.445.770 (-2.1%).

 

Market Outlook

After having recovered from the 2008-2009 financial crisis, the U.S. market is expected to keep growing during the 2019-2025 period of time. However, a still-likely escalation of the trade war with China is the main downside risk and would amplify the ongoing global growth slowdown. A large fiscal deficit and high corporate debt levels are also main medium-term vulnerabilities.

Being interested to know more, give a look at this updated research. Clicking on the picture, you can see contents.

 

Competitive Arena

At model wise, the first place in the yea-to-date brand ranking is held by Ford with 1.180.539 sales (-3.3%) with 14% of market share.

In second place Toyota with 1.016.373 million  sales (-3.6%), followed by Chevrolet with 949.785 units sold (-6.4%) and Honda with 703.228 million (-1.7%).

In fifth place, Nissan with 653.978 million units (-7.7%) ahead of Jeep with 456.281 down 7.7%, Subaru with 339.525 (+5.2%), Hyundai with 333.328 (+1.7%), RAM with 333.168 (+28%) and in 10th place Kia with 304.844 (+3.8%).

At a model wise, the Ford F-series reconfirmed itself on top, with 519.347 units sold (+15.1%), followed by the Ram Pick-up  with 339.756 (+45.5%) and the Chevrolet Silverado with 303.676 (+5.7%).

In order to access to the Best Selling Cars ranking for this and the previous years, see here.

Rank
2019
Rank
2018
BrandSales
YTD 2019
Jun
2019
'+/-
YTD 2019 Var
'+/-
Jun 19
Share
YTD 2019
Share
June 2019
11Ford1.180.539209.922-3,3%-4,6%14,0%13,7%
22Toyota1.016.373179.305-3,6%-3,5%12,0%11,7%
33Chevrolet949.785168.470-6,4%-5,9%11,2%11,0%
44Honda703.228123.753-1,7%-6,3%8,3%8,1%
55Nissan653.978113.665-7,7%-15,4%7,7%7,4%
66Jeep456.28176.826-7,8%-11,7%5,4%5,0%
77Subaru339.52561.5115,2%2,8%4,0%4,0%
88Hyundai333.32864.2021,7%1,5%3,9%4,2%
99Ram333.16875.22728,0%45,4%3,9%4,9%
1010Kia304.84456.8013,8%0,4%3,6%3,7%
1111GMC281.02250.5843,9%8,0%3,3%3,3%
1212Dodge228.10938.561-9,1%-16,9%2,7%2,5%
1313Volkswagen184.60831.7256,8%9,6%2,2%2,1%
1414Mercedes163.42129.201-4,0%0,7%1,9%1,9%
1515BMW156.44031.6272,0%7,5%1,9%2,1%
1616Mazda138.55322.828-15,5%-15,1%1,6%1,5%
1717Lexus135.73523.0470,5%-3,0%1,6%1,5%
1819Buick105.70921.218-7,8%18,4%1,3%1,4%
1918Audi101.44019.409-6,0%-0,3%1,2%1,3%
2020Tesla84.57525.70072,8%126,2%1,0%1,7%
2123Cadillac76.00214.3861,1%8,2%0,9%0,9%
2222Acura73.76712.1481,5%-16,4%0,9%0,8%
2325Mitsubishi71.10012.3175,6%10,5%0,8%0,8%
2421Chrysler64.42212.941-27,3%-4,0%0,8%0,8%
2524Infiniti63.0589.839-12,6%-8,0%0,7%0,6%
2626Lincoln50.9158.7691,3%-8,0%0,6%0,6%
2727Volvo50.1209.9345,2%0,7%0,6%0,7%
2828Land Rover46.1236.5933,0%-5,6%0,5%0,4%
2929Porsche30.2575.2052,8%6,4%0,4%0,3%
3030Mini17.5833.235-22,3%-22,0%0,2%0,2%
3131Jaguar16.2821.89210,1%-19,6%0,2%0,1%
3235Genesis10.0081.88737,8%137,1%0,1%0,1%
3332Alfa Romeo9.0371.595-26,3%-29,1%0,1%0,1%
3434Maserati5.550925-1,5%-2,6%0,1%0,1%
3533Fiat5.103933-38,4%-34,6%0,1%0,1%
3638McLaren1.20618077,4%55,2%
3736Ferrari1.1702004,3%2,6%
3841Lamborghini1.122232116,2%157,8%
3937Bentley1.0141693,3%2,4%
4040Rolls-Royce6241103,0%22,2%
4139Smart49674-23,7%-41,3%
4242Lotus15025

Rank
2019
Rank
2018
GroupSales
YTD 2019
Jun
2019
'+/-
YTD 2019 Var
'+/-
Jun 19
Share
YTD 2019
Share
June 2019
11General Motors1.412.518254.658-4,3%-0,9%16,7%16,7%
22Ford Group1.231.454218.691-3,2%-4,7%14,6%14,3%
33Toyota Group1.152.108202.352-3,1%-3,5%13,6%13,2%
44F.C.A.1.102.840207.208-1,7%1,9%13,1%13,6%
55Renault Nissan Alliance788.136135.821-7,1%-13,1%9,3%8,9%
66Honda Motor776.995135.901-1,4%-7,3%9,2%8,9%
77Hyundai-Kia648.180122.8903,1%1,9%7,7%8,0%
88Subaru339.52561.5115,2%2,8%4,0%4,0%
99Volkswagen Group318.44156.7402,1%5,9%3,8%3,7%
1010BMW174.64734.972-1,1%4,0%2,1%2,3%

Rank
2019
Rank
2018
ModelsSales
2019 YTD
Sales
June 19
'+/-
2019 Var
'+/-
June 19
11Ford F-Series519.34779.42615,1%0,3%
23Ram pick-up339.75668.09845,5%56,4%
32Chevrolet Silverado303.67647.0895,7%-10,6%
44Toyota RAV4241.70339.15221,8%3,8%
56Honda CR-V209.78830.42716,8%-8,6%
67Toyota Camry202.31928.88913,2%2,4%
75Nissan Rogue201.80228.694-6,2%-22,5%
88Chevrolet Equinox198.46126.72520,7%6,6%
99Honda Civic195.48329.75110,9%-5,1%
1010Toyota Corolla179.62228.86911,2%2,5%
1111Honda Accord154.36221.89311,6%-18,1%
1212Ford Escape153.73025.0776,3%-13,2%
1314Toyota Tacoma143.71020.47623,6%-8,2%
1418Jeep Grand Cherokee141.22819.66029,2%10,9%
1516Jeep Wrangler138.30320.0553,6%-13,2%
1615Toyota Highlander132.34219.82415,8%-8,2%
1719Nissan Sentra129.26121.22411,7%3,2%
1813Ford Explorer127.74614.649-0,7%-34,5%
1921Nissan Altima124.79216.5480,8%-38,6%
2020GMC Sierra122.29618.95931,1%-5,8%
2117Jeep Cherokee117.42015.8263,3%-29,5%
2223Subaru Outback109.82417.50520,7%8,9%
2324Ford Fusion107.17318.77323,2%19,7%
2425Subaru Forester99.97814.75326,1%5,7%
2522Hyundai Elantra98.72416.540-1,0%-7,4%
2626Jeep Compass87.81310.9760,3%-27,5%
2729Mazda CX-586.59313.2427,0%4,2%
2837Ford Transit86.12613.21220,6%-2,4%
2931Chevrolet Traverse86.00613.29212,0%9,3%
3038Ford Edge84.34510.66623,9%-9,8%

(11146)

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