2012 Shows Auto Sales Resiliency, Despite Hurricane

J.D. Power - November 9, 2012

Octo­ber took a slight nose-dive fol­low­ing Hur­ri­cane Sandy, but J.D. Pow­er and LMC Auto­mo­tive take a clos­er look at the first 10 months of 2012.

Where does the indus­try stand year-to-date?

In look­ing at sales dur­ing the first 10 months of the year, deliv­er­ies remained up in dou­ble dig­its from a year ago. Total sales (retail and fleet) increased 13.4% from a year ago. Close to 12 mil­lion (11.97 mil­lion) new cars and light trucks have been sold so far this year—up from 10.52 mil­lion units in the same peri­od of 2011.

On a year-to-date basis, Toy­ota and Volk­swa­gen Groups reaped the largest sales gains, as each of these groups sold near­ly one-third more new vehi­cles this year than in 2011. Fiat-Chrysler Group also post­ed a strong performance—sales were up 22% in the first 10 months from last year’s same time frame.

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