| JUNE 2016 US LV SALES | |
| FORECAST v REPORTED | UNITS |
| WardsAuto Forecast LV Sales | 1.57 million |
| Current Projected May LV Sales | 1.51 million |
| WardsAuto Forecast LV SAAR | 17.30 million |
| Current Projected May LV SAAR | 16.61 million |
WardsAuto tracks light-vehicle (LV) deliveries throughout sales reporting day. Monthly year-over-year change represents the change in daily sales rate (DSR). June had 26 selling days this year compared with 25 days in 2015, meaning DSR % change will be less than straight volume %change for year-over-year comparisons this month.
Related Table
U.S. Light Vehicle Sales Summary table
SUMMARY (FINAL):
The light-vehicle market failed to meet expectations in June as U.S. automakers under-performed relative to an earlier WardsAuto forecast. (See article).
Instead of reaching an 11-year high of 1.57 million units over the 26 selling days, the industry's daily sales rate (DSR) fell 1.6% from same-month year ago, as automakers delivered less than 1.51 million light vehicles in June. That brought the full first half of 2016 to 8.6 million units, up 1.3% from like-2015.
General Motors lost share from year-ago but remained the No.1 LV seller, delivering 255,210 cars and light trucks compared to Ford's 234,298 LVs. GM accounted for 16.9% of the market, followed by Ford's 15.6% share.
Toyota's 13.2% take was good enough for the No.3 spot, narrowly beating FCA's 13.0% market share. Nissan outsold Honda to claim the No.5 position with 9.4% of LV sales.
The seasonally adjusted annual rate fell to 16.61 million units, the second sub-17-million SAAR of this year.
Today's sales report thread appears below. See related articles for additional details.
UPDATE 1:15 PM ET: Daimler, including Mercedes, Smart and Sprinter, delivered 31,974 LVs in the month, a 1.7% decrease in daily sales compared with 2015. The automaker's year-to-date sales are 0.6% below like-2015.
Kia saw its DSR shoot up 11.1% in June, on 62,572 deliveries, leaving its YTD sales 5.6% above year-ago.
UPDATE 12:45 PM ET: Hyundai reported a 3.8 year-over-year decline in daily sales, with 67,511 deliveries. The South Korean automaker, however, is outpacing year-ago YTD by a slim margin on 374,060 units through the first half.
Mitsubishi, with 8,023 units, showed a 3.1% decline is DSR.
UPDATE 12:38 PM ET: General Motors sold 255,210 LVs in June, a 5.4% decline from year-ago on a on a daily basis, finishing some slightly below low forecast expectations. GM's YTD sales fell 4.4% below year-ago through June.
Toyota daily sales fell 9.2% from year-ago levels, on 198,257 deliveries. Year-to-date sales are tracking 2.7% behind same-period 2015.
Volkswagen saw its VW brand vehicle sales tumble 24.8% on a daily basis, on 23,809 units. Over the first six months of the year, the brand is down 14.6%
Subaru's daily sales rose 1.1%. The automaker's YTD sales are tracking 2.6% over year-ago Q1.
UPDATE 11:13 PM ET: Honda sold 138,715 LVs in June, well below expectations. The DSR was 0.8% below year-ago. Deliveries through the first half of the year were 5.2% above like-2015.
UPDATE 10:30 PM ET: Audi reported LV sales of 18,445, a 2.9% decline from its year-ago daily sales rate. YTD, sales are up 3.5%.
Nissan saw its June DSR jump 8.8% over year-ago on 140,553 deliveries, putting its YTD sales 8.4% over same-period 2015.
UPDATE 10:12 AM ET: Ford came in above forecast levels, delivering 234,738 light vehicles in May, a 2.3% increase in daily sales versus year-ago. Ford has sold 1,316,423 LVs through the first six months of 2016, a 4.2% YTD improvement.
UPDATE 09:12 AM ET: FCA sold 195,739 LVs last month, a 2.3% DSR increase from like-2015, and less than forecast. The automaker's 1,143,892 YTD LV deliveries represents a 6.4% improvement over same-period year-ago.
