Whereas buyer demand for brand new automobiles stays robust, automakers are struggling but once more to place stock on supplier tons. Early studies of Could gross sales paint a bleak image of an business decimated by supply-chain bottlenecks and determined to get their arms on items for retail clients.
Ford‘s general slip appears small in comparison with others within the business, with volumes falling off simply 4.5 p.c in comparison with a yr in the past, however the firm’s finest information is that it seems to have turned a nook on Explorer and F-Sequence deliveries, which have been each up in comparison with final Could. The F-Sequence ticked up simply 6.9 proportion factors whereas explorer volumes improved by practically 20%.
Hyundai noticed a 34% drop in gross sales in comparison with final Could. Whereas some fashions which have seen lagging gross sales have been among the many unhealthy information, robust performers such because the Kona (-42%), Santa Fe (-18%) and Tucson (-25%) have been down considerably. The one optimistic factors for Hyundai have been Ioniq 5 and Santa Cruz, neither of which was in showrooms this time final yr.
“There continues to be extraordinary shopper demand for Hyundai autos, with sellers promoting each car they get,” stated Randy Parker, senior vp, nationwide gross sales, Hyundai Motor America. “We anticipate demand to stay robust and stock ranges to enhance later in 2022.”
Kia managed one vivid spot — Niro. The older Hybrid managed to one-up its efficiency from final Could and even outsold the brand new EV6, which was Kia’s solely different bit of fine information. Like Hyundai, Kia’s remaining lineup was within the tank.
Information was even worse at Mazda, whose smaller footprint makes it extra vulnerable to market volatility. Its Could outcomes have been down a whopping 64% from a yr in the past, and its books acquired little assist from the brand-new CX-50 and MX-30. Solely two Mazda6s have been bought within the U.S. in Could.
We are going to proceed to replace this story as extra gross sales outcomes are reported this week.
