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November 2017 U.S. LV Sales Thread: Industry Hit 17.3 Million SAAR

November 2017 U.S. LV Sales Thread: Industry Hit 17.3 Million SAAR

U.S. automakers to report 1.38 million light-vehicle sales in November.

NOVEMBER 2017 US LV SALES  
FORECAST v REPORTED UNITS
WardsAuto Forecast LV Sales 1.36 million
November Actual LV Sales  1.38 million
WardsAuto Forecast LV SAAR        17.1 million
November Actual LV SAAR    17.3 million


WardsAuto tracks light-vehicle (LV) deliveries throughout sales reporting day. Monthly year-over-year change represents the change in daily sales rate (DSR).  November had 25 selling days this year compared with 25 days in 2016, meaning DSR % change will be the same as straight volume % change for year-over-year comparisons this month.

Related Table 

U.S. Light Vehicle Sales Summary table

SUMMARY:  

U.S. automakers sold 1.38 million vehicles in November, resulting in a daily sales rate of 55,323, 1.0% ahead of prior-year.

A 17.35 million SAAR was below last year’s 17.6 million and prior-month’s exceptionally high 18.0 million.

General Motors reached an 17.7% market share, down from 18.4% a year ago. Next was Ford with a 14.8% share, up from 14.0%  Toyota and FCA each lost 0.5% market share at 13.9% and 11.1%, respectively.  Honda's market share grew from same-month 2016 to 9.6%. Estimates of Nissan's November volume pushed its share up to 9.5%.

Year-to-date, 15.53 million LVs have been sold, down 1.6% from like-2016.

 

UPDATE 2:50PM EST

Hyundai sold 57,211 LVs, an 8.5% decline from November 2016.

 

UPDATE 1:50PM EST

Wards Intelligence estimates Nissan (not reporting today) sold 131,250 LVs, up 14.0%

 

UPDATE 1:15PM EST

BMW came in 4.5% of year ago on 32,087 units.

Honda sold 133,156 light vehicles, up 8.3%.

Kia recorded a 15.7% drop to 44,302 sales.

Subaru delivered 51,721 cars and trucks, a 0.8% uptick from year-ago.

Toyota saw a small drop, 3.1%, to 191,617 LVs.

 

UPDATE 12:00PM EST

Volkswagen-branded LV sales totaled 29,207 units, down 1.6%. Audi fared better, growing 12.1% to 19,195.

 

UPDATE 10:10AM EST

General Motors reported 245,237 light-vehicle sales in November, down 2.9% from same-month 2016.

Ford posted a 7.0% jump in LV deliveries on 205,133 units.

FCA sold 153,546 LVs, down 3.7%.

 

 

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