gubmint motors (your tax dollars at work)

3

September 1, 2009 by juniorannex

Well, well.   I think that 16% ownership stake in General Motors is going to take a little while longer to ‘pay off’.    Sales volume at the General is off by 20% from the same period last year as folks continue to shun the ‘pelosi mobiles’, while sales volume at Ford (which in case you need reminding – didn’t require a bailout) are up by 16%.    Great pick Dalton and Stephen.  I, for one am happy I picked up FoMoCo at $1.22 in December 2008.

ht 

Brands and companies are both displayed in descending order according to their percentage change in volume sales. There were 26 selling days in August 2009 and 27 selling days in August 2008, so the change in monthly sales volume will be different than the change in the average daily sales rate for each brand/company.

Brand Volume % 8/09 8/08 DSR*% DSR 8/09 DSR 8/08
Kia 60.38 40,198 25,065 66.54 1,546 928
Subaru 51.51 28,683 18,932 57.33 1,103 701
Hyundai 47.01 60,467 41,130 52.67 2,326 1,523
Audi 25.77 8,057 6,406 30.61 310 237
Volvo 24.78 5,826 4,669 29.58 224 173
Pontiac 23.35 29,921 24,257 28.09 1,151 898
Ford 21.25 161,369 133,088 25.91 6,207 4,929
Honda 15.21 151,814 131,766 19.65 5,839 4,880
Mazda 12.09 26,542 23,680 16.40 1,021 877
Volkswagen 11.35 24,823 22,292 15.64 955 826
Toyota 10.94 202,196 182,252 15.21 7,777 6,750
Porsche 8.69 1,526 1,404 12.87 59 52
Mercury 8.19 9,080 8,393 12.35 349 311
Nissan 0.17 97,580 97,417 4.02 3,753 3,608
Suzuki -5.46 5,749 6,081 -1.82 221 225
Jeep -6.11 22,041 23,476 -2.50 848 869
Mini -6.55 5,111 5,469 -2.95 197 203
Mercedes-Benz -7.54 17,112 18,507 -3.98 658 685
Chevrolet -9.16 168,130 185,080 -5.66 6,467 6,855
Dodge -15.80 52,562 62,422 -12.56 2,022 2,312
BMW Group -21.30 24,343 30,931 -18.27 936 1,146
Lexus -21.82 22,892 29,281 -18.81 880 1,084
Chrysler -23.50 18,619 24,337 -20.55 716 901
BMW -24.47 19,232 25,462 -21.56 740 943
Mitsubishi -25.95 6,813 9,200 -23.10 262 341
Infiniti -30.19 7,732 11,076 -27.51 297 410
Acura -36.21 9,625 15,089 -33.76 370 559
Lincoln -38.43 5,874 9,540 -36.06 226 353
Smart -44.59 1,418 2,559 -42.46 55 95
GMC -45.15 23,145 42,194 -43.04 890 1,563
Buick -51.71 8,612 17,833 -49.85 331 660
Cadillac -55.01 6,931 15,405 -53.28 267 571
Saturn -58.41 8,479 20,385 -56.81 326 755
Hummer -64.03 777 2,160 -62.64 30 80
Saab -67.80 484 1,503 -66.56 19 56
             
COMPANIES
Ford Motor Company 16.99 182,149 155,690 21.49 7006 5766
American Honda 9.93 161,439 146,855 14.16 6209 5439
Toyota Mo Co 6.41 225,088 211,533 10.50 8657 7835
Nissan North America -2.93 105,312 108,493 0.80 4050 4018
Chrysler Group LLC -15.43 93,222 110,235 -12.18 3585 4083
General Motors -20.19 246,479 308,817 -17.12 9480 11438
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3 thoughts on “gubmint motors (your tax dollars at work)

  1. I am surprised that Subaru is at the top of that list. Not surpirsed that Honda (my car) is up there…that mobile is built to last, and accordingly well priced. GM on the other hand, wow. Where’s your head at Harper? I say, let them sink.

  2. juniorannex says:

    I am not that surprised that Subaru is on the list – (1) they overhauled their entire product line in the last two years, (2) they don’t sell a lot of car in comparison to Toyota, Honda, Ford etc, but I do think they have a pretty loyal customer base. I think they fill a niche where people who would like to buy Volvo’s but can’t afford them buy Subarus as the lower cost alternative. I drive a Suuby and love it. Next car will also likely be a subaru.

  3. My uncle drives a Subaru and he is also quite happy with it. That said, he mentioned that Kingston is going to lose their dealership (the one by Regi). An interesting opportunity for some of the folks who are stuck with a dealership, sans vehicles.

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Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron'scruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience. C.S. Lewis

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