Automobile sellers see drop in per-franchise gross sales in 2022

Throughput fell for 30 franchised manufacturers and elevated for 11, not counting Polestar which was new to the checklist.

Mitch Phillips, world director of knowledge at City Science, a consulting agency that additionally tracks dealership counts, attributed the trade’s decline in throughput not solely to stock shortages, but in addition the economic system and shopper notion of the financial situations to return.

Toyota, which has lengthy held the highest spot for throughput, once more was No. 1 with 1,494 autos bought per franchise, although additionally down 8.8 % from a yr in the past, as its stock was constrained.

Lexus once more completed No. 2, with throughput of 1,060 autos, a 15 % slide. Its sellers had document low stock all through most of 2022.

BMW’s throughput declined 1.6 % to 947 autos however climbed one spot to 3rd. Honda tumbled 5 spots to No. 8, with throughput of 826 autos, down 33 %. Throughput at Acura fell 35 % to 378 autos.

Honda and Acura spokesman Chris Naughton known as the 2 manufacturers “restrained solely by restricted stock, as a result of industrywide provide chain challenges.” However Naughton mentioned American Honda Motor began 2023 with greater than double the stock it had a yr earlier.

Mercedes-Benz, the one model within the high 10 to see throughput rise, jumped 4 spots to No. 4. Its throughput rose 6.4 % to 916 autos. Kia rounded out the Prime 5, rising from No. 6 regardless of a 2.2 % decline in throughput to 892 autos. It swapped locations with Subaru, which fell to No. 6. The remainder of the Prime 10 retained their positions: Hyundai at 7, Nissan at 9 and Audi at 10.

Previous post 10 Used Supercars That Are Cheaper Than A New Corvette
Next post Traditional Vehicles That Acquired Resurrected Years Later