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May Sales Data Shows Dramatic Slowdown In US New Car Sales

Posted on 6/1/22 at 7:20 pm
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 6/1/22 at 7:20 pm
Nothing but good news out there.

It can only get better right?

quote:

*HONDA MAY U.S. AUTO SALES -57.3%

*TOYOTA US MAY SALES 175,990, -27.3%

*MAZDA N. AMERICA MAY SALES DOWN 63.7%

*NISSAN APRIL GLOBAL SALES -29.1%


LINK to the Hedge
Posted by Rize
Spring Texas
Member since Sep 2011
20008 posts
Posted on 6/1/22 at 7:23 pm to
I’m so tired of not being able to buy what I want because all these shortages.
Posted by jimjackandjose
Member since Jun 2011
6795 posts
Posted on 6/1/22 at 8:03 pm to
Hope it keeps up and is worse for trucks. Hate it for the people but they have been taking it in well over sticker the last 2 yrs.

Another 12 months and I hope to get a nice deal
Posted by j1897
Member since Nov 2011
5091 posts
Posted on 6/1/22 at 8:28 pm to
Fantastic news if you're in the market. I've already seen some big price drops in what i'm looking for, it's only gonna get better.


If the taxpayers bail out these crooked arse dealers again though....
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
20647 posts
Posted on 6/1/22 at 9:08 pm to
quote:

MAZDA N. AMERICA MAY SALES DOWN 63.7%

Whoa
Posted by supadave3
Houston, TX
Member since Dec 2005
32510 posts
Posted on 6/1/22 at 9:12 pm to
quote:

Fantastic news if you're in the market. I've already seen some big price drops in what i'm looking for, it's only gonna get better.


Summer of 2023. I think that’ll be ideal time for a buyer. I base that off nothing of substance, just my opinion.
Posted by j1897
Member since Nov 2011
5091 posts
Posted on 6/1/22 at 9:47 pm to
I think sooner than 2023.
Posted by jimjackandjose
Member since Jun 2011
6795 posts
Posted on 6/1/22 at 9:52 pm to
Summer 2023 seems correct because of the catch up with chips that still needs to take place

Diesel and gas rolls 5 and 6 dollars a gallon through October, people will be buying motorcycles and little matchbox cars again
Posted by metallica81788
NO
Member since Sep 2008
11479 posts
Posted on 6/1/22 at 10:06 pm to
My lease is up August 2023 bring it on
Posted by Sput
Member since Mar 2020
9226 posts
Posted on 6/1/22 at 10:08 pm to
frick those useless pimp cuckcuck fricks
Posted by LSU in the hizzle
Member since May 2022
222 posts
Posted on 6/1/22 at 10:08 pm to
It was idiotic for Ford and GM stock prices to reach the levels that they did in the last 12 month.

Every dealership in the country with only 2 cars on the lot, but the stock prices screaming higher because "muh, we goin lectric"

And now people are surprised that sales are weak.

Posted by ronricks
Member since Mar 2021
13702 posts
Posted on 6/2/22 at 4:21 am to
Just like houses it’s hard to have record sales with no inventory.

Went to an Acura dealership over the weekend. They had a total of 12 new vehicles on the lot. Salesman said under normal circumstances they would have 225-250. Said they can’t get them from manufacturer due to supply chain. Said it isn’t changing anytime soon.
This post was edited on 6/2/22 at 4:23 am
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
483411 posts
Posted on 6/2/22 at 6:59 am to
quote:

Just like houses it’s hard to have record sales with no inventory.

Where was this inventory in April? This is the change from April 2022 to May 2022.
Posted by LSUmajek
Kemah
Member since Dec 2013
587 posts
Posted on 6/2/22 at 7:04 am to
First step of getting back to normalcy
Posted by concrete_tiger
Member since May 2020
7477 posts
Posted on 6/2/22 at 9:46 am to
There is nothing to buy in many cases.

Dealer keeps wasting effort emailing, mailing, calling, whatever... to trade in our minivan, but when you actually check, they have nothing new to even offer.
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