The new car market in the US experienced a gradual recovery in 2010 according to
the latest figures supplied by the world’s leading provider of automotive
intelligence, JATO Dynamics.
Overall, 1.17 million more new cars and trucks were bought in the US in 2010,
than in 2009, with 11.6 million in total sales. This 11.2% growth was helped by a
significant improvement in domestic brands with Ford, Chevrolet, Dodge, GMC and
Chrysler experiencing increases, 21.6%, 17.4%, 14.7%, 34%, 11.5%,
respectively.
Toyota appears to have halted the dramatic decline it experienced in 2009 when
sales fell by 18.2%. While total sales were down by 0.5% it managed to retain the
number one spot for cars sold in 2010.
Toyota appears to have halted the dramatic decline it experienced in 2009 when
sales fell by 18.2%. While total sales were down by 0.5% it managed to retain the
number one spot for cars sold in 2010.
Dave Mitchell, Head of Business Intelligence, JATO Dynamics, said: “The gradual
economic recovery is good news for the US car industry and although imported
brands still dominate as vehicles of choice for small and mid-range cars, domestic
brands have seen an increase in sales for both cars and trucks towards the end of
2010.”
The top five models for 2010 were imported brands from Toyota, Honda and
Nissan, and the year’s best selling car was the Toyota Camry, even though its sales
fell by 8.1% vs. 2009. The sales of the second best selling car, the Honda Accord,
increased by 7.4% and ended 2010 with 311,381 units sold.
Top 5 Car Models
Cars:
Type Make/Model FY2010 FY2009 % Change
– TOYOTA CAMRY 327,804 356,824 -8.1% -29,020
– HONDA ACCORD 311,381 290,056 +7.4% +21,325
– TOYOTA COROLLA 266,082 296,874 -10.4% -30,792
– HONDA CIVIC 259,937 259,766 +0.1% +171
– NISSAN ALTIMA 229,263 203,568 +12.6% +25,695
Trucks
Type Make/Model FY2010 FY2009 % Change
– FORD F-SERIES 528,349 413,625 +27.7% +114,724
– CHEVROLET SILVERADO 370,135 316,544 +16.9% +53,591
– HONDA CR-V 203,714 191,214 +6.5% +12,500
– RAM PICKUP 199,652 176,007 +13.4% +23,645
– FORD ESCAPE 191,026 173,044 +10.4% +17,982
