Monday, November 26, 2018

Decline of Cars

GM, Ford, Mitsubishi, Subaru are all companies that publicly say car sales continue to plummet while trucks, SUVs, and crossovers rise.

In Oct of 2018, Subaru release this chart.  Overall sales are up, but sports cars BRZ and WRX are down.  Sedans/hatchback Impreza and Legacy are down.

Carline
Oct-18
Oct-17
% Chg
Oct-18
Oct-17
% Chg

MTD
MTD
MTD
YTD
YTD
YTD
Forester
15,981
13,430
19.0%
137,905
145,460
-5.2%
Impreza
5,499
6,733
-18.3%
65,039
71,322
-8.8%
WRX/STI
2,277
2,416
-5.8%
24,234
26,572
-8.8%
Ascent
6,008
0
0.0%
22,588
0
0.0%
Legacy
2,752
4,538
-39.4%
33,832
41,999
-19.5%
Outback
11,574
15,786
-26.7%
149,566
156,277
-4.3%
BRZ
254
271
-6.3%
3,184
3,578
-11.0%
Crosstrek
11,049
10,871
1.6%
122,464
87,685
39.7%
TOTAL
55,394
54,045
2.5%
558,812
532,893
4.9%

Ford's passenger car segment sales are down 14.5% through July 2018 compared to the prior year 2017 -- and getting worse with July's 27.1% year-over-year decline.