Chevrolet Camaro Sales Preserve Falling, Ford Mustang And Dodge Challenger Sales Do, Also

2017 Chevrolet Camaro

In response to disappointing sales of the new-for-2016 Chevrolet Camaro, Common Motors revealed last week that it will cut prices of the 2017 model.

Although there are a lot of 2017 Camaros already obtainable — all of which will benefit from the newly lowered price — the situation facing GM’s U.S. dealers now pertains to the quantity of 2016 Camaros on dealer lots. Of the roughly 27,000 Chevrolet Camaros in stock at dealers across America, according to Automobiles.com, 40 percent are MY2016s, the appeal for which decreases swiftly as much more MY2017s turn into obtainable.

This ballooning Camaro inventory, a 139-day supply heading into September 2016, was caused by a sharp lower in Camaro demand with the launch of the all-new sixth-generation model, a subject we’ve explored often in the previous. By way of the first eight months of 2016, U.S. sales of the Chevrolet Camaro are down 15 percent.

But sales of the Camaro’s chief rival, the wildly far more well-liked Ford Mustang, are falling, as effectively. Dodge Challenger sales are sliding, too.

From Ford to Chevrolet, however, there have been huge differences in expectations for calendar year 2016. Although the Camaro is the new muscle car on the block, the Mustang is a year-old vehicle which benefited from pent-up demand a single year ago. The year-more than-year comparison that reveals a 7-percent, five,940-unit Mustang loss comes soon after Mustang sales spiked in 2015.

2016 Ford Mustang convertible California Special

“Mustang buyers know it is coming and they wait for the new car,” Ford sales analyst Erich Merkle stated of the launch of the sixth-generation Ford pony auto. As a outcome, Mustang sales rose to an eight-year higher in calendar year 2015, surging 48 percent compared with 2014.

We’ve observed the identical kind of surge in the previous, when the significantly re-engineered fifth-generation Mustang developed a 24-% jump in 2005 and continued to climb in 2006, free of charge from rivals. Then, whilst remaining popular by the standards of sports vehicles, Mustang sales tailed off sharply in following years.

Mustang volume is tailing off, but not sharply, and not unsurprisingly. Following all, there’s a new version of a lengthy-time rival accessible in competing showrooms.

U.S. muscle car sales chart August 2016

Globally, meanwhile, Mustang sales are stronger than they’ve ever been, with an emphasis on foreign markets and even right-hand-drive markets that just before did not exist.

TTAC asked Ford’s Merkle if that worldwide emphasis is by any likelihood accountable for the U.S. downturn. No, there are enough Mustangs to go about in the United States.

“We’re usually going to look to match production to demand,” Merkle says. And U.S. demand in 2016 is basically not as strong as it was at this stage of 2015.

2017 Dodge Challenger SRT 392

In August, especially, Mustang volume plunged 17 percent to eight,299 units as Ford passenger auto sales tumbled by much more than a quarter. Chevrolet Camaro sales had been down by a tenth to 5,604 units. Regardless of an 5-% August uptick, Dodge Challenger sales, at five,262 units, had been slightly less several than Camaro sales. August was the 1st month since April that the Chevrolet Camaro managed to outsell the Dodge Challenger.

Year-to-date, the Ford Mustang is America’s 16th-very best-selling auto. The Camaro ranks 26th the Challenger 30th. Combined, the trio sells slightly more often than the Nissan Sentra, not as often as the Ford Fusion.

Timothy Cain is the founder of GoodCarBadCar.net, which obsesses over the cost-free and frequent publication of U.S. and Canadian auto sales figures. Stick to on Twitter @goodcarbadcar and on Facebook.

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Bad Bigland? Sales Tampering Probe Focuses on Fiat Chrysler Sales Guru

Alfa Romeo Giulia QV at LAAS2015 with Reid Bigland

Reid Bigland gained a lot of accolades throughout his rise up the corporate ladder at Fiat Chrysler Automobiles, but the company’s U.S. sales head now finds himself in a distinct kind of spotlight — the center of the automaker’s sales tampering scandal.

Sources close to the situation claim that federal investigators have turned their concentrate to Bigland, whose signature is found on a lot of questionable documents, Bloomberg reports.

Bigland, who also serves as CEO of Maserati and Alfa Romeo (as well as FCA Canada), has a reputation as a dilemma solver, and his history of promotions shows the confidence placed in him by FCA CEO Sergio Marchionne.

A record U.S. sales streak touted by Bigland came to a squealing halt earlier this summer season, thanks to allegations of inflated sales figures. FCA changed the way it reports sales after the federal government launched two investigations, retroactively ending the streak.

The U.S. Department of Justice and the Securities and Exchange Commission allege that FCA artificially boosted finish-of-month sales, which have been rolled back at the start of the subsequent month. Investigators think that a strange code phrase delivered to dealers by phone gave dealers the go-ahead to enhance figures in any way necessary. Some strategies, like boosted incentives, are commonplace and legal, but that is not the focus here.

Sources tell Bloomberg that investigators are probing regardless of whether the automaker ordered dealers to create fake car purchases. Some sales documents had been allegedly filled out with the names of buddies and relatives of salespeople — some not even old adequate to own a vehicle.

According to the report, Bigland’s signature is found on suspect documents filed with the Securities and Exchange Commission. For its portion, FCA has stated that is is cooperating with the probe. But until investigators figure out the legality of the documents, Bigland remains in the hot seat.

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‘Unnatural Acts Department’: Sales Fraud Investigators Uncover Fiat Chrysler Code Word

2016 Jeep Grand Cherokee Summit, Image: FCA

Federal investigators probing Fiat Chrysler Automobiles for alleged sales tampering have uncovered a strange phrase that they think is a code word.

According to the Wall Street Journal, organization executives would occasionally contact up regional managers and dealers and utter a distinct phrase. Investigators believe this was a signal for dealers to go ahead and boost end-of-month sales in any way needed.

The U.S. Justice Division and Securities and Exchange Commission each launched separate investigations into the automaker in July, soon after hearing reports of inflated sales numbers.

FBI and SEC investigators reportedly visited nine workers in their houses and offices on July 11, whilst federal staff attorneys visited FCA’s U.S. headquarters in Auburn Hills, Michigan on the very same day, and raided or visited areas in Orlando, Dallas and California.

The WSJ report, drawn from sources familiar with the problem, claims that executives would inform managers and dealers that the “unnatural acts department” was open. The message would be delivered in a conference get in touch with or in a one-on-one particular phone conversation. As soon as given the green light, dealers could aggressively incentivize vehicles, or maybe go even further.

Investigators have focused on the practice of moving automobiles from a dealer’s inventory to its test fleet, and reporting that transaction as a sale. The sale would then be rolled back at the starting of the next month.

When it changed its sales reporting approaches in late July, ending a 75-month sales streak, FCA claimed, “It is admittedly also attainable that a dealer may register the sale in an work to meet a volume objective (without having a certain consumer supporting the transaction).”

Sketchy sales reporting is behind a racketeering lawsuit filed against FCA by an Illinois dealer group. Napleton Automotive Group claims the automaker paid them to inflate sales data at their dealerships. FCA has denied the practice.

[Image: Fiat Chrysler Automobiles]

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After Sales Tanked in May possibly, GM Becomes ‘Incentive Santa’ in June

2016 chevrolet impala

Summer’s right here, and it’s by no means been a greater time to please, please buy 1 of our cars, General Motors wants purchasers to know.

The automaker plans to roll out a host of incentives throughout the month of June, Automotive News reports, to make up for a month that saw combined sales at all of its divisions sink 18 percent year-over-year.

The promotions, mostly targeting Chevrolet purchasers, had been outlined in a letter sent to U.S. dealers yesterday by Brian Sweeney, the brand’s U.S. chief. In it, he said May possibly “did not deliver the result we planned for.”

Could was a bad month for most automakers, but GM had it worse for a variety of causes. A lower in rental sales, anything GM planned as portion of its extended-term sales method, ate into deliveries. Also, a series of earthquakes that hit Japan’s manufacturing heartland in April led to provide chain disruptions, forcing GM to idle 4 assembly plants.

The sales slowdown triggered GM’s industry share to plunge to its lowest in decades — 15.7 percent, narrowly beating out Ford.

Sweeney does not want a undesirable Might to bring down the brand’s second quarter sales numbers, so he known as on dealers to “defend our position as the quickest increasing full-line brand of 2016.”

One particular of the promotions will guarantee zero percent financing and $ eight,250 in dealer cash on some Silverado crew cab models. Till now, incentives on complete-size GM pickups lagged that of its rivals.

Through the middle of the month, Chevy will offer you 20 percent off the sticker price of its 2016 Impala, Sonic and Spark models, and provide $ 750 money to owners of non-GM autos. The automaker will add an added $ 500 in cash to its redesigned Cruze and Malibu sedans, and boost their advertising.

[Image: General Motors]

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Nissan Moves Diaz To Trucks Only, Promotes Canadian Chief to Takeover North American Sales

Fred Diaz with Cummins Diesel For Nissan Titan

Nissan announced Tuesday that it would move current U.S. chief Fred Diaz to concentrate on truck sales for North America and promote Nissan’s chief in Canada, Christian Meunier, to lead the group in North America.

“We are now poised to capitalize on the substantial investments we have created in our trucks with the launch of the all-new Nissan Titan, and these modifications will help our capability to do so,” Nissan North America chairman Jose Munoz said in a statement announcing the alterations.

In his new function, Diaz will oversee truck sales — Titan and Frontier — for all of North America to support jumpstart that brand from a minor player to a far more critical contender. He was previously head of Ram brand for Fiat Chrysler Automobiles prior to joining Nissan in 2013.

President, Nissan Canada Inc.

Christian Meunier

According to a statement announcing the adjust, Meunier will take more than sales, advertising and product planning for Nissan in North America. Meunier helped lead Nissan to record growth in Canada soon after taking over in 2013. Ahead of taking more than in Canada, he was head of Nissan in Brazil.

“Nissan’s organization in Canada has improved substantially under Christian’s watch and is delivering consistent performance improvements,” Munoz mentioned in a statement. “We look forward to Christian’s leadership of Nissan Division’s enterprise in the U.S. and Canada.”

Meunier will report to Munoz, according to the statement. Diaz will report to Meunier.

The organization also announced that Judy Wheeler, head of sales in the Southeast region for Nissan, would be promoted to head of sales for the U.S.


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