April Sales Up 2.1 Percent, KBB Estimates
IRVINE - Despite three fewer selling days in April, industry sales were up 2.1 percent compared to sales last year, or 14.8 percent after accounting for the three fewer days, Kelley Blue Book reported today.
With only a handful of manufacturers reporting so far, the vehicle information site said Chrysler and Toyota appear to be the early winners so far, while Ford and GM posted slight declines for the month. Chrysler sales jumped more than 20 percent due in large part to a 61 percent gain in sales of the 200, a 47 percent jump for Avenger, and a 138 percent improvement in sales of the 300. This was the 25th consecutive month of year-over-year gains and the 11th consecutive month that Chrysler was able to post gains in excess of 20 percent.
“Although Chrysler has posted a dramatic turnaround, some of its success in the last few months can be attributed to heavy incentive support for many of the brand’s high-selling models,” said Alec Gutierrez, senior market analyst for Kelley Blue Book. “Chrysler’s 200 and Avenger currently are available with more than $3,000 in cash rebates, and the larger 300 is eligible with an ample $2,000 cash rebate.”
But Chrysler cannot rely on incentives to continue to drive sales indefinitely, Gutierrez noted, as the brand will need to keep its product line fresh to remain competitive. The Dodge Dart, set to hit showrooms in June, should help keep Chrysler’s momentum going forward, although with gas prices moving downward, Chrysler may have missed an opportunity for a strong launch out of the gate.
As for Toyota, which was expected to release results later today, KBB said it expect to see strong performances from the Prius family, Corolla and Yaris. “Consumers shopping for a fuel-efficient vehicle have received very little in the way of incentive support,” Gutierrez said. “Aside from low financing offers and a handful of lease deals, there has been very little in the way of cash rebates or significant discounts.”
As fuel prices ease in the months ahead, consumers can expect more deals as manufacturers battle for market share in an increasingly crowded segment.
Sales of fuel-efficient models continued to bolster sales growth in April, but now that gas prices have peaked for the year, demand likely will taper off, KBB said. In April, sales of the Ford Focus were up 12.5 percent, and the Fiat 500 was up 336 percent after its strongest month to date. The Chevrolet Sonic was up 38 percent over sales of the Aveo last year.
“In the way of fuel-efficient vehicles, through the rest of 2012, consumers will be able to choose between the all-new or redesigned Sonic, Fiesta, 500, Prius c, Cruze, Dart, Focus, Civic, Jetta and Elantra, just to name a few,” Gutierrez noted. “Each of these vehicles are significantly improved over the econo-box compacts of the last decade and as gas prices continue to moderate, manufacturers will need to be creative to stand out from pack.”
More Industry

Autos More Appealing
Consumers gave new cars better scores again this year for design, performance and more as mass-market brands kept gaining on premium lineups, JD Power found in an annual poll.
Read More →
Used EVs Defy Overall Market
While the used-car market saw three months of price declines or stagnation, the used EV segment did the opposite – rising for three straight months.
Read More →
Gone to the Dogs
A Stellantis brand decided to have some fun with one of its SUVs’ design to address growing emphasis on family pets.
Read More →
OEM Poll Sees Industry Evolution
Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
Read More →
Luxe N.C. Dealerships Change Hands
A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
Read More →
Exposure Drives Interest in Chinese Cars
At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Agent Advocate
Rob Mancuso, who comes from a long line of auto dealers, values general agents’ place in the industry and makes a case for them taking an even bigger seat at the table.
Read More →
Driving Under Distraction
Though consumers gave higher marks to new vehicles in JD Power’s most recent initial-quality poll, high-tech interference worsened, pointing to craving for simplicity.
Read More →
Affordable New Cars a Thing of the Past
More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.
Read More →