Two vehicles retired at the end of October and many other CSX-traded vehicles either went on sale or had their first full month on the market in October. The Pontiac G8 retired with 6 months of sales of 9,487, well short of the Edmunds.com estimate of 15,750 while on the positive side, the fun-to-drive peppy compact Volkswagen Tiguan (right) had sales of 6,533, falling well short of the 15,300 forecast in the first full six months in dealerships.
Five more vehicles will retire at the end of November and all look to far short of forecasts, though the Nissan Maxima could come close. The Lincoln MKS after four months on the market is poised to beat our sales target.
You may also notice on the chart below that some vehicles that we posted last month with one month sales figures are still at the one month stage - that's because it turned out it was not a full month. Some of you even commented on the Hummer H3T's sale of one vehicle in September, well, October's 251 is more like a full month on the market. Ditto for the Cadillac Escalade Hybrid, VW Routan minivan and Chevy Traverse which really got rolling in October.
The Volkswagen Jetta TDI diesel started selling in October and hit sales of 2,967. Recently winning accolades for its fuel-efficiency could launch significant sales for this vehicle even in this poor economic environment.
| CSX Vehicle Sales October 2008 | ||||
|---|---|---|---|---|
| Vehicle | October | thru October | Forecast | On Sale |
| Pontiac G8 | 1,082 | 9,487 | 15,750 | 6mo. - ret. |
| Volkswagen Tiguan | 1,856 | 6,533 | 15,300 | 6 mo - ret. |
| Ford Flex | 2,017 | 9,569 | 40,500 | 5 months |
| Honda Pilot | 4,980 | 36,216 | 67,500 | 5 months |
| Nissan Maxima | 4,341 | 22,291 | 28,800 | 5 months |
| Infiniti FX | 954 | 6,410 | 11,250 | 5 months |
| Acura RL | 272 | 1,748 | 6,750 | 5 months |
| Lincoln MKS | 2,072 | 8,539 | 9,000 | 4 months |
| Hyundai Genesis Sedan | 1,121 | 3,327 | 9,000 | 3 months |
| Kia Borrego | 207 | 1,403 | 9,000 | 3 months |
| Chevrolet Aveo5 | 885 | 2,287 | 12,600 | 2 months |
| Cadillac Escalade Hybrid | 230 | 230 | 1,750 | 1 month |
| Hummer H3T | 251 | 251 | 5,000 | 1 month |
| Volkswagen Routan | 789 | 789 | 20,000 | 1 month |
| Chevrolet Traverse | 1,359 | 1,359 | 58,500 | 1 month |
| Volkswagen CC | 659 | 659 | 6,300 | 1 month |
| Volkswagen Jetta TDI | 2,967 | 2,967 | 20,000 | 1 month |
| Mazda6 | 4,040 | 4,040 | 31,500 | 1 month |
| Ford F Series | 43,324 | 43,324 | 360,000 | 1 month |
| Honda Fit | 6,478 | 6,478 | 27,000 | 1 month |
October was not a good month for the industry compared to October of 2007. GM sales were down 45%, Toyota fell 25.9%, Ford sales dropped 29.2%, Chrysler slid 35%, Honda down 28%, Nissan fell 33.5%, Hyundai slipped 31%, BMW was down 5% but without MINI saw a 13.9% drop, Kia sales slid 38.5% and, rounding out the top 10 sellers of 2008, Mazda sales were off 25.9% from October 2007. On the bright side, Audi set an October record with a 0.3% increase in sales over October 2007. On a year-to-date basis, MINI sales are up 30.2% and Subaru is up 2% with VW down just 0.6%. Keep reading these blogs and keep trading!
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Your last chart listed the estimate Tiguan sales at 15.3k. Just a heads up, I hadn't thought to double check your listed estimates.