Lexus' top-seller, the RX crossover, posted sales of 8,749, down 2.3 percent.
sales of the Toyota RAV4, the top-selling compact crossover in 2021, rose 9.5 percent. It was the tenth straight monthly decline for the Toyota brand and fourth consecutive drop at Lexus.Īll but one of the Toyota brand's top sellers, the RAV4, posted lower volume in May: Corolla, off 18 percent Camry, down 34 percent Venza, off 68 percent 4Runner, down 1.5 percent Highlander, off 46 percent and Tacoma, down 31 percent. Toyota, with one of the industry's leanest stockpiles of new cars and light trucks, said volume skidded 27 percent to 175,990 last month, with deliveries off 27 percent at the Toyota division and Lexus. Lincoln volume dropped 6.8 percent in May, its 12th consecutive decline.įord said nearly 50 percent of its retail sales last month came from previously placed orders. General Motors outsold Toyota Motor Corp., the sales leader in 2021 and the first quarter, by about 5,000 units last month, LMC Automotive said Friday.ĭeliveries in May declined 4.3 percent at the Ford brand, the fourth straight monthly decline, with mixed results for the division's biggest sellers: F-series, up 6.9 percent Ranger, down 58 percent Explorer, up 19 percent Escape, down 55 percent, and Bronco Sport, down 36 percent. and by double digits again at Toyota Motor Corp., Hyundai and Kia as choked supply chains continue to batter automakers, leaving showrooms and lots nearly bare of new cars and light trucks. May volume fell 4.4 percent to 153,434 at Ford Motor Co. "We still have a lift in sales in the second half but it is plausible that an increase will not materialize this year and we could continue to track in the 14 million to 15 million unit selling rate for the remainder of the year." "The market faces a real risk of turning negative from 2021," Jeff Schuster, head of global vehicle forecasts at LMC Automotive, said Thursday. Inflation and record gasoline prices are also deterrents to a second-half rebound, analysts say. sales of new cars and light trucks rose 3.3 percent to 15.06 million in 2021, a slight recovery from 2020 when the pandemic upended volume.īut deliveries slid 16 percent in the first quarter and are on track for another steep decline in the second quarter as output remains throttled by microchip and other parts shortages. sales again, to 15 million units, from 15.3 million, citing May's weaker-than-expected tally. LMC Automotive on Thursday cut its outlook for 2022 U.S. In a sign of the industry's inventory struggles, even amid healthy consumer demand, the SAAR has climbed above 15 million units just once - 15.2 million in January - since June.Īnd underscoring the uneven impact of global parts shortages and logistical delays, LMC Automotive said deliveries of imported vehicles – notably those built in Asia – fell 44 percent in May, while sales of models built domestically fell 24 percent. Overall, May sales slid 29 percent to 1.11 million, LMC Automotive said Friday, leaving the market down 19 percent to 5.65 million this year through May. LMC Automotive on Friday pegged the May SAAR at 12.7 million, down by 1.8 million units from April. The seasonally adjusted, annualized rate of sales for May fell to a 2022 low of 12.81 million, according to Motor Intelligence, down sharply from April's 14.6 million pace and May 2021's 17.12 million rate, which capped one of the hottest three-month stretches ever for the U.S. light-vehicle market lost more momentum in May, with six of seven automakers that report monthly results racking up double-digit declines, casting more doubt about the strength of what many companies expect will be a second half recovery as tight parts supplies ease. resumed monthly sales reports in November 2020, beginning with the November 2020 sales reporting period. Most automakers no longer release monthly sales and are excluded from this report.
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