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Nissan Versa, Toyota Yaris, Honda Fit, smart fortwo, MINI Cooper
Nov 05, 2008 (12:15 pm)
was cruising around Edmunds Auto Observer in a slow half hour this morning and discovered the latest sales report. Everything is down down down, right? Not so!
The Honda Fit set a new October sales record with 6,478 sold, a 28.1 percent increase in the second month of availability for the redesigned 2009 model. For the year, Fit sales are up a whopping 51.4 percent.....But only the Fit and TL were on the plus side for the month.......Accord sales were down 38.4 percent in October, pushing calendar-year-to-date sales into negative territory -- off .3 percent
And although the Yaris subcompact dropped 13.3 percent in October, year-to-date sales are outstripping 2007 by a still-heady 25.9 percent, one of the better performances in any market segment
Corolla is up just like Civic, but Camry is down for the month and down for the year, more so than the Accord.
Mini sales buoyed the group with sales up 56.4 percent in the month; for the year, Mini is up 30.2 percent
And of course Smart had already exceeded its 12-month sales goal after only ten months, as of 10-31-08.
Midsize car sales falling, large car sales TANKING, subcompact sales SKYROCKETING. I guess it's not just the presidential election that's going right in the U.S.
#8098 of 9848 Re: hmmm [nippononly]
Nov 05, 2008 (12:57 pm)
Gas dipped recently so we may see less of a skew towards small cars now.
#8099 of 9848 Re: hmmm [ateixeira]
Nov 05, 2008 (1:00 pm)
Don't even say it, don't even say it!
What I expect we WILL see a skew towards for at least six months is low-priced cars, an area where the subs hold a certain advantage...
#8100 of 9848 Re: hmmm [nippononly]
Nov 05, 2008 (1:02 pm)
Yeah, I think low priced cars will still hold the edge. A little less emphasis on fuel economy.
I'd love to be wrong.
Ghosn timed the cheap new Versa perfectly. That guy earns his salary, unlike many auto leaders.
#8101 of 9848 Re: hmmm [nippononly]
Nov 05, 2008 (1:04 pm)
Cars coming in at 9 or 10K will perk up more people than a 15k Smart car. I would consider a Versa at 9k. I just can't see any reason to pay 12 or 15k for a sub compact.
#8102 of 9848 Re: hmmm [boaz47]
Nov 05, 2008 (1:06 pm)
True, but no A/C? That's bait-and-switch pricing. Under $10k ends up being $11-12k.
#8103 of 9848 Re: hmmm [ateixeira]
Nov 05, 2008 (1:11 pm)
I just filled up my neighbors S-10 blazer for her so she can leave for vacation Friday. $2.51 at AM/PM. I was so happy I almost went home to get my Tahoe but it is only down 1/4 tank. That is all the gas I used since October 22. But I did have to fill the Pontiac 4 banger at $2.63 the week before. I had been watching the papers to see if anyone was selling a small sub compact because of the economy but I think I can afford to wait till they come out with something better than what they are offering right now. If you can get a Compact or something even a bit bigger for 12-15K there is simply no reason to pay more than 9-10k for a sub compact. IMO
#8104 of 9848 Re: hmmm [boaz47]
Nov 05, 2008 (1:15 pm)
I saw gas in Deleware for $2.09! Cash price only.
On the NJ turnpike it was $2.53. Up in CT it was $2.79. Ouch.
Huge variation by locale.
#8105 of 9848 Re: hmmm [ateixeira]
Nov 05, 2008 (1:17 pm)
$2.07 now in DFW...
#8106 of 9848 Re: hmmm [ateixeira]
by kyfdx@Edmunds HOST
Nov 05, 2008 (1:19 pm)
$1.97-$2.03 in the Cincinnati area on Monday..