November US Sales Down 6.7%; Full-Size SUVs Drop 34.6%
1 December 2005
|With all light-duty vehicle sales down 6.7%, sales of full-size SUVs dropped 34.6% in November.|
Total light-duty vehicle sales in November dropped 6.7% from the year before, from 1,198,673 units to 1,164,975. GM and Ford continued to see their sales erode during November, with GM sales dropping 11.3% on a sales-day basis and Ford falling 18% from the same month in 2004.
Toyota and Honda, however, continued to post sales gains. Toyota outsold Chrysler in November to take the number three market share by almost a full percentage point, with its 169,665 vehicles accounting for 14.6% of the market.
For the year-to-date, however, Chrysler still holds the number three spot, with 13.6%, although Toyota is close behind at 13.3%.
Sales of full-size SUVs continue to fall, although not as rapidly as earlier this year. The decline was slowed, perhaps, by a combination of falling fuel prices and rebates. Sales of all full-sized SUVs dropped 34.6% in November 2005 from the year before.
Ford suffered the most in the full-size SUV segment, with a 50.1% drop, followed by GM with a 34.1% drop. Chrysler actually saw the sales of its Durango increase by 4% year-to-year.
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