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By Stephen Pederson

US Vehicle Sales – Bounce Back

U.S. Car and Truck Sales Reach Pre-Recession Sales and Production

 

picture of a car for sale

U.S. car sales return to pre-recessionary levels.


In early 2013, U.S. vehicle sales and production reached pre-recession levels to continue the strong growth that ended the year of 2012.  For the automotive industry, the recession appears to finally be in the rear-view mirror as normal levels of manufacturing and sales have returned.  In terms of history, both sales and production levels sank tremendously after the financial crisis hitting levels that brought the entire industry back several decades earlier.  As an example, U.S. car sales had dropped to sales levels that had not been seen since the 1960′s.

U.S. Car Sales – 1951 to 2012

A graph of U.S. car sales (1951 to 2012)


U.S. vehicle production has a similar graph to that of vehicle sales.  As you can see below, production dropped in 2008 to levels not seen since the early 1980′s.  However, the current levels are now climbing back to pre-recession levels.


U.S. Vehicle Production – 1951 to 2011

A grapah of U.S. Vehicle Production (1951-2011)

 

 


Historically speaking, the market share of all the world’s top vehicle manufacturers has been moving up and down every year since the beginning of their production.  For reference, see the table below to see how market share for vehicle manufacturers has changed over time.  See the “peak” years to see the year when their respective production peaked.  Did you know that GM’s market share peaked in 1962 in the U.S.?  That BMW’s peaked in 2012?   See all the major manufacturers below:

 

Market Share (2012) & Peak Year and Market Share by Vehicle Make

Vehicle Make
2012 Market Share %
Peak Market Share %
Peak Market Share Year
Source: WardsAuto.com
GM17.5650.721962
Ford15.2229.261961
Toyota14.1316.732009
Chrysler11.1715.861996
Honda9.6210.862009
Nissan7.727.992011
Volkswagen3.915.631970
American Motors--5.551961
Hyundai4.754.952011
Kia3.773.772012
Daimler2.762.762012
Mazda1.872.741991
BMW2.352.352012
Subaru2.282.282012
Mitsubishi0.392.012002
International0.461.701961
Other--1.421961
Studebaker--1.151961
Fiat--0.951975
Isuzu0.090.941991
Opel--0.841970
Volvo0.460.802004
British Leyland--0.671970
Renault--0.641961
Suzuki0.170.632008
PACCAR0.430.482006
Volvo Truck0.270.391999
Jaguar0.080.362002
Yugo--0.321987
Land Rover0.300.302012
Saab0.010.301987
MG--0.251964
Porsche0.240.242012
Triumph--0.221964
White--0.221966
Peugeot--0.161981
Diamond REO--0.041967
Bering--0.012000
Total Vehicles100.00

 

Further reading:

For more reading on U.S. vehicle sales, production and market share go to – www.autonews.com .

Photo courtesy of www.morguefile.com .

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