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The Best-Selling Cars And Trucks In The US

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On: Mon, Jun 7, 2010 at 7:11PM | By: Michael Jon Lazar


The Best-Selling Cars And Trucks In The US

A recent report was published by ABC News about the best-selling cars & trucks available in the US, with some surprising numbers. Leading the pack (drum roll, please) are the best-selling trucks in the US for three decades and counting: Ford’s F-Series pickup trucks. Sitting comfortably at number two and three is Toyota with the Corolla and the Camry. The BMW 3-Series is also near the top, which is surprising because luxury autos don’t tend to top the lists of best-selling cars because fewer people have the pockets deep enough to buy them, and more people tend to buy economical cars.

The ABC News report, which cited national statistics from Autodata, stated “Ford's F-Series trucks (ranging in price from $21,820 to $43,355) have been the most popular trucks in America for 33 years running. Toyota's Camry (starting at $19,595) and Corolla (starting at $15,450) are perennial bestsellers, although Honda's Accord and Civic are serious contenders for the top spots. Other standbys are BMW's 3-Series sedan, which has sold 26,730 units year-to-date and is up 21% over 2009, and Ford's Escape, up 36.7% over last year and the eighth-best-selling of any vehicle in 2009.”

May Has Been A Great Month Overall for Car Sales in the US

May marked the seventh consecutive month that US auto sales have stayed steady or climbed. Stable sales is great news for a market that was on the brink of collapse and total fallout just a few short years back. Recent reports show more people are buying new cars than used in the US. due to lightened restrictions for lending to new car buyers. The lightened restrictions, along with manufacturer incentives, have helped keep sales steady.

The president of the Palmen Automotive Group (which operates auto dealerships in Racine and Kenosha, WI), Andy Palmen, explained in an interview with the Milwaukee, Wisconsin Journal Sentinel; “We've had three strong months, not selling what we used to sell new, but the new sales are definitely increasing. Steadily coming back is the best way to say it.”

Palmen further added, “Right now you're seeing a lot of stability in the industry. Improved availability of loans has played a significant role in the industry’s rebound. We’re getting everyone financed. Credit is really important, because most new vehicle purchases are financed.”

According to the senior automotive analyst at Robert W. Baird & Co, David Leiker, in an interview with Milwaukee Wisconsin Journal Sentinel, the US auto market is slowly but surely becoming healthy again. “We think eventually it will get back to a 15 million range, but it’s probably going to be four or five years,” he said.

In the same news report, the Journal Sentinel gathered recent sales numbers from large automakers like Honda, Hyundai, Nissan, Subaru, and Kia. The report offers some true insight into how these automakers are fared during their rebound in sales in the US during May.

Sales of new cars in the US are up drastically, about 19% last month, especially when compared to the dismal numbers that plagued automakers in recent years during the auto recession. According to the Milwaukee Wisconsin Journal Sentinel, “The U.S. auto sales rose just over 19% in May to 1.1 million vehicles—for a seasonally adjusted annual rate of 11.64 million—marking the seventh straight increase in year-over-year sales.”

As the aforementioned report reflects, indeed, the auto industry in the US is coming back. While some time may be needed for it to become the behemoth it once was, car sales are definitely on the rebound. This means we can look forward to the greatly anticipated revival of the US auto industry as automakers and lenders create hard-to-pass-up incentives to get new car buyers into that dreamy ride they want.


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