Trucks, SUVs can't stop 2019 sales slides

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Thread: Trucks, SUVs can't stop 2019 sales slides

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    Trucks, SUVs can't stop 2019 sales slides

    https://www.detroitnews.com/story/bu...ar/1626309001/

    The automaker moved 206,083 vehicles in June, up 14% from a year ago, largely thanks to sales of Ram pickups, which had the highest monthly sales since the truck brand was severed from Dodge in 2009. (Photo: FCA US LLC, © 2018 FCA US LLC)


    Auto sales fell the first half of 2019 in the United States. And analysts don't think the rest of the year will get any easier.

    General Motors Co. on Tuesday reported that U.S. sales fell 4.2% through the first half of the year. Fiat Chrysler Automobiles sales through the first six months of the year were down 2% despite its best June in more than a decade. And Toyota Motor North America sales were down 3.1% through the end of June.

    GM reported sales slid 1.5% in the second quarter of 2019 as the automaker phases out sedans from its lineup. Chevrolet sedans and compact cars in some cases had double-digit sales declines, and sales of nearly all its truck models fell, too. The GMC Canyon midsize truck did post record second-quarter sales of 18,863 units.

    GM's SUVs and crossovers from Buick, Chevrolet and GMC posted mostly positive sales figures, but not enough to boost the bottom line. Average transaction prices in the second quarter hit a record $37,126.






    The automaker's Buick, Cadillac and Chevrolet brands all had sales declines through the first half of the year. GMC sales were up 2.9% through June.

    Fiat Chrysler moved 206,083 vehicles in June, up 2% from a year ago, due largely to Ram pickups, which had the highest monthly sales since the truck brand was severed from Dodge in 2009. However, Jeep sales slowed both for the month and the first half of the year, down 12% in June and 8% year-to-date.





    Despite that, Jeep sales accounted for nearly half of FCA's overall sales through the first six months of 2019. The automaker has sold 1.1 million vehicles so far this year; Jeep sales clocked in a 456,281 through June. Ram sales were up 28% through June, and were FCA's only brand that had increased sales in the first half of the year.

    "For the first half of 2019, Ram has been on a tear since we made the strategic decision to enter the year with a three-truck strategy," Reid Bigland, head of U.S. sales, said in a statement. "The new Ram 1500, Ram Classic and Heavy Duty are all generating a huge response from customers and critics alike. This is now the third month Ram pickup sales have surpassed 60,000 since December."


    But the Ram brand was the only one that saw sales increase through June. Besides Jeep, sales also fell for the Chrysler, Dodge, Fiat and Alfa Romeo brands as most models age and the automaker continues to phase sedans out of its lineup.

    While Ram sales climbed as the automaker continues to phase in the all-new Ram models and sell the old models at the same time, all the Jeep nameplates except the Grand Cherokee and Gladiator midsize pickup posted double-digit sales slips. Sales of the Chrysler Pacifica were down 23%.

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    Re: Trucks, SUVs can't stop 2019 sales slides

    Interesting the Pacifica is down that much.
    It's a good vehicle with a good PHEV option.

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    Re: Trucks, SUVs can't stop 2019 sales slides

    I think I heard Ford sales out tomorrow, don't know if it's AM or PM.
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    Re: Trucks, SUVs can't stop 2019 sales slides

    Simple answer:
    "Average transaction prices in the second quarter hit a record $37,126."

    Auto prices have outpaced household income increases. Sure unemployment is down, but I don't see the extra disposable income available to keep the buying spree going.

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    Re: Trucks, SUVs can't stop 2019 sales slides

    Hoping the others break down LD/HD truck sales too.

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    Re: Trucks, SUVs can't stop 2019 sales slides

    Quote Originally Posted by Lowboy View Post
    Hoping the others break down LD/HD truck sales too.
    Don't count on it; GM took a (smaller) round pizza and cut it into square slices, so you can't directly measure them.
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    Re: Trucks, SUVs can't stop 2019 sales slides

    Sure you can, they are just leading all away from it. Also for sure, it's partially about breaking a bigger negative number into smaller packages. Which we all have needed / wanted from all of them anyway. It is a huge improvement to have. Should have in GM's case, done it long ago - imo.


    As it stands now, all we have to do is add up LD and HD for Silvey and Sierra to compare back internally ( such as we can ) or to F Series and or RAM or whoever.


    Personally always wanted this to better understand Titan and Tundra and yep, in a different way, Ridgeline.

    Hell, I wish they would somehow detail it all the way out.....


    Or am I missing your point ?


    -----

    The title is wrong - for one Automaker ie FCA.


    It appears that what RAM 1500 / RAM PU all...... just did is amazing / amazingly good and super scary in context all at the same time.


    RAM 1500 Retails appears to have for FCA ( with or without Maserati ) just played the Key role in delivering their best June Retail in 18 years and the best June overall in 14.

    While most of the other active FCA players took big hits.

    There are 36 results listed in their Presser.

    One for the whole enchilda, six more for the Brand totals, meaning 29 for the Nameplates.

    Four of those are there without a single unit sold this year because they died long ago but still moved some paltry numbers in 2018. Viper is almost the same, but did deliver 3 in the first six months of this year.

    That leaves 24 active players. One is brand new, ie the Gladiator, so no direct comparison is possible at this time.

    So you are left with 23.

    For the month, one commercial vehicle essentially broke even.

    Grand Cherokee was up.

    And Pacifica

    And Charger

    And Durango.


    And that is it........ besides RAM PU.


    Now go look at the other 18 that were down...... and by how much....... and think about all the thousands upon thousands of Retail lost.

    And then..... not only was all that covered but Retail Unit Volume actually increased by 1,380 for the month, in a June where Industry Retail over all declined more than one might assume - and among almost all the Key Players.
    Last edited by AMERICA 123; 07-02-2019 at 06:14 PM.
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    Re: Trucks, SUVs can't stop 2019 sales slides

    Quote Originally Posted by AMERICA 123 View Post
    Sure you can, they are just leading all away from it. Also for sure, it's partially about breaking a bigger negative number into smaller packages. Which we all have needed / wanted from all of them anyway. It is a huge improvement to have. Should have in GM's case, done it long ago - imo.
    The last detailed 1500/2500/3500 break down I recall was around 2012.
    Really showed strengths/weakness in sales. GM really strong in 1500s and GMC was terrible in 3500s, only 8,000 units for the entire year IIRC. So it would be nice to see if GM can gain ground in the 25/3500 class.
    Last edited by Lowboy; 07-02-2019 at 07:26 PM.

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    Re: Trucks, SUVs can't stop 2019 sales slides

    Quote Originally Posted by Ed753 View Post
    Don't count on it; GM took a (smaller) round pizza and cut it into square slices, so you can't directly measure them.
    It is more detailed, but why do you think GM did it!? They've been sharing less and less, because they don't want you to see what is behind the curtain.................

    First it was production, then it was fleet/retail mix, and lastly going to quarterly reporting.

    You nailed-it, right here....................... (deleted the rest)

    Quote Originally Posted by AMERICA 123 View Post
    ........................it's partially about breaking a bigger negative number into smaller packages.....................
    And if you don't believe me; right from the horse's mouth...........


    "Starting this quarter, GM will lead the industry and begin breaking out deliveries of its full-size light- and heavy-duty pickups to give investors and other stakeholders a clear view of the company’s sales performance in these vibrant segments."

    i.e. the "banksters".......
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    Re: Trucks, SUVs can't stop 2019 sales slides

    Consumer confidence is low, mostly because millennials are lazy and don’t want to buy stuff to keep the economy running. Sooner or later their reckless behavior is going to hurt everyone. Boomers can’t sell their houses for good money because millennials choose to rent or buy small houses in/near cities. Houses that don’t always allow for ownership of pickups and SUVs.

    Whoever told millennials to follow their passion, forgot to tell them things cost money.

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    Re: Trucks, SUVs can't stop 2019 sales slides

    Quote Originally Posted by Anthony Evans View Post
    Consumer confidence is low, mostly because millennials are lazy and don’t want to buy stuff to keep the economy running. Sooner or later their reckless behavior is going to hurt everyone. Boomers can’t sell their houses for good money because millennials choose to rent or buy small houses in/near cities. Houses that don’t always allow for ownership of pickups and SUVs.

    Whoever told millennials to follow their passion, forgot to tell them things cost money.
    Okay, as someone who technically falls into the "millennial" category, but actually dislikes the millennial attitude and doesn't fit into this category by most metrics, I'm going to defend the millennials for once and say how ridiculous your comment is. So all the woes of GM fall on the shoulders of millennials? Seems to me that other manufacturers are doing okay, maybe GM isn't making vehicles that millennials want?

    As far as the millennial mindset, yes there are definitely lazy millennials. But there are many struggling to get by. My generation was misled by our elders in the thought that a college education was mandatory, and worth getting into huge debt over. Do you know what in-state tuition costs today? I just looked up the numbers, and today one year at ASU costs over $10k. When I went only 15 years ago it was $2k a year!!! It's astronomical today! When I went I still had to take out loans along with working part time to make ends meet, I can't imagine the debt kids are getting into today. I'm fortunate that I will probably be out of my college debt this year, next year at the latest. How are the next generations supposed to get above water with a system as dysfunctional as what your generations created? And being told by your generation that you NEED a college degree to succeed in life? If I were exiting high school, I'd enter into a trade now, college has gotten so ridiculous, even if it's not the "cool" thing to do. Actually now that I've broken it down like this, it's got me seeing why some are more lazy today than in the past... it's hard to get ahead in life! What's your solution for this flawed system?

    Regarding home ownership, have you shopped around at what it costs to rent these days? That's the option most people have to do because of the above issue with student debt, and being unable to save for a down payment. So now you're forced to rent month to month. I'm seeing apartments costing more than my mortgage payment... by a few, to several hundred dollars a month!! I'm fortunate to have bought at a good time, and have been benefited by equity more than once, but that was dumb luck, very few will be able to get ahead in the housing market like I did. So for the average person, they've got huge student debt, they're paying too much in rent and can't get ahead or save for a down payment, so they keep getting buried deeper and deeper by a system that your generation created. And you're griping that they don't want to buy a brand new, overpriced GM vehicle because they are selfish and reckless????? Give me a break!!!
    Last edited by fastrehotrods; 07-03-2019 at 12:19 PM.
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    Re: Trucks, SUVs can't stop 2019 sales slides

    A lot of red flags right now. Wages are stagnant, debt is out of control, the stock market is high for almost no reason, car payments are more than mortgage payments, etc... There will have to be some sort of painful correction.

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    Re: Trucks, SUVs can't stop 2019 sales slides

    Tuition is going up because the universities have found they can gouge the students and millenials think student loans aren't a big problem when they get out of school and begin making 6 figures. Soon as the lefties get into power and give away free tuition, healthcare and forgive student loans, buyers will come back to the economy. It was $300 a semester when I went to school if you need something to cry about. My first house had a mortgage rate of 8%, so that balances out the cheaper tuition. There's always something to make getting ahead difficult.

    With the lefties calling for government run healthcare so they can negotiate lower hospital and doctor reimbursement, I wonder why none of them want to apply the same idea to that government paid tuition they want to give away.

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    Re: Trucks, SUVs can't stop 2019 sales slides

    Quote Originally Posted by Ed753 View Post
    And if you don't believe me; right from the horse's mouth...........


    "Starting this quarter, GM will lead the industry and begin breaking out deliveries of its full-size light- and heavy-duty pickups to give investors and other stakeholders a clear view of the company’s sales performance in these vibrant segments."

    i.e. the "banksters".......
    Wow, they used the phrase "lead the industry" along with the words "stakeholders" and "vibrant" in a single sentence!

    Only PR and marketing dweebs could pull off something like that.
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    Re: Trucks, SUVs can't stop 2019 sales slides

    Quote Originally Posted by supermoto View Post
    Tuition is going up because the universities have found they can gouge the students and millenials think student loans aren't a big problem when they get out of school and begin making 6 figures. Soon as the lefties get into power and give away free tuition, healthcare and forgive student loans, buyers will come back to the economy. It was $300 a semester when I went to school if you need something to cry about. My first house had a mortgage rate of 8%, so that balances out the cheaper tuition. There's always something to make getting ahead difficult.

    With the lefties calling for government run healthcare so they can negotiate lower hospital and doctor reimbursement, I wonder why none of them want to apply the same idea to that government paid tuition they want to give away.
    So you're blaming millennials too huh? How are they responsible for this very flawed system? I don't know of anyone who thinks "student loans aren't a big problem". It is a massive problem, and that's what's driving them to support a socialist Utopia. Their support for "free" stuff is once again being driven by the failures of systems and institutions put into place way before their time. As far as "there's always something to make getting ahead difficult", you never had to deal with a job market so oversaturated with educated candidates with no experience trying to get a first job. They've been told education is a must, meanwhile in this same society we're shipping jobs overseas left and right... so now supply exceeds demand for most recent grads. Today's world is very different for kids leaving college than it was when you went.

    As far as "something else to cry about", make no mistake, as I said above I don't categorize myself as a "millennial", and I certainly am not "crying" over anything. I've got a good Engineering degree, was able to get a good paid internship in college which led to a good professional career with much varied experience, and I just got into a very nice house 8 months ago and built $50k in equity already to add to the $110k equity I put into the new house, and I have a nice, newish loaded paid off truck. I'm far from "crying". I'm just tired of hearing how younger generations are messing this country up by trying to survive through flawed systems and institutions created by older generations. I see peers that have followed similar paths in life, but haven't been fortunate to have the opportunities or plain luck that I've had, and I feel for them.
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