November sales: Ford up 8.6%, GM up 6%, Toyota up 11.5%, Chrysler down 25%
UPDATED at 4:18 p.m.
Monthly vehicle sales figures are coming out one by one today, with automakers reporting November numbers.
Chrysler dropped 25 percent compared to November 2008, and were down modestly compared to October of this year. Chrysler reorganized with government backing and a tie-up with Italian automaker Fiat, which will begin making and selling its small cars in the U.S. next year.
Chrysler has been the most troubled of Detroit's Big Three and was especially hard-hit by declining car sales, while truck sales endured. Chrysler seemed unable to make sedans and coupes people wanted to buy.
If there was any good news in Chrysler's poor November sales number, it looks like the company is able to sell at least one sedan again. Sales of the Sebring sedan jumped 84 percent compared to November of last year, though that translates to only 2,600 units sold last month.
Ford -- the one American automaker to not take taxpayer money -- said its November sales were up 8.6 percent compared with November 2008, easily beating expectations of a 4 percent rise.
GM, which underwent a taxpayer-backed bankruptcy and is now 60 percent owned by you, said November sales were up 6 percent compared with last year, just short of an expected gain of 7 percent.
Toyota, the world's largest automaker, increased its lead, saying November sales were up 11.5 percent over November of last year. Toyota's luxury Lexus brand surged 24 percent year-over-year.
Sales of Toyota's Prius hybrid were up 20.7 percent compared with last year.
Honda was down 3 percent year-over-year for November. Honda's Acura division saw sales rise 11 percent from last November.
Hyundai's sales jumped 46 percent in November compared to last year.
Volkswagen reported a 13.7 percent increase compared to last year.
Kia's November sales were up 18.3 percent.
Porsche's November sales were up 18 percent.
An interesting report from Daimler: Sales of its luxury Mercedes Benz vehicles was up 9.1 percent in November, while sales of its tiny Smart cars plunged 65.6 percent (to a meager 649 units). Hey, I guess the recession's over!
-- Frank Ahrens
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December 1, 2009; 4:18 PM ET
Categories: The Ticker | Tags: Acura, Daimler, Ford, GM, Honda, Hyundai, Lexus, Mercedes Benz, Toyota, Volkswagen
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