RealCarTips Logo

2009 Car Sales Were Worst in 40 Years

January 7, 2010

Pontiac Now that total US car sales have been tallied for 2009, the results are simply staggering. For the first time in history, China has overtaken the US as the country with the highest domestic auto sales.

U.S. car sales totalled 10.4 million in 2009, the lowest figure since 1970. Analysts expect this figure to rise about 15% to 11.5 million cars in 2010, but that's still way below the 2001 peak of 17.4 million cars sold.

The big three domestic brands (GM, Ford, and Chrysler) all incurred a large drop in sales for 2009. Ford did the best out of the three, with sales down 15% while GM sales were down 30%. Chrysler fared the worst with sales down 36%. It was the first time since 1962 that Chrysler failed to sell more than one million cars in one year.

The largest car maker in the world, Toyota, saw U.S. sales slide 20%.

Only 3 car makers sold more cars in 2009 than in 2008: Subaru, Kia and Hyundai. Subaru had a record year as it increased sales by 15%.

Going into 2010, analysts are expecting a 15% increase in sales. Many car manufacturers have been ramping up production in anticipation. Even if sales do increase, 2010 is still going to be a great time for car buyers considering sales will still be down nearly 40% since peak.

My Recommendation for Car Shoppers

TrueCar and Edmunds are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
  • Best Rebates, Incentives, and Lease Deals
  • Latest Car Buying Scams and Tricks
  • The Best & Worst Time to Buy a Car
  • Which Cars You Should Avoid
Enter Your Email Below

(Absolutely NO SPAM, easy to unsubscribe)

Gregg Fidan

About: Gregg Fidan

Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

Latest Weekly Car Buying Tips    RSS Feed

September 19, 2019
September 12, 2019
September 5, 2019
August 29, 2019
August 22, 2019
August 15, 2019
August 8, 2019
August 1, 2019
July 25, 2019
July 18, 2019
July 11, 2019
July 4, 2019
June 27, 2019
June 20, 2019
June 13, 2019
June 6, 2019
May 30, 2019
May 23, 2019
May 16, 2019
I welcome your car buying questions. Email Me and I'll be glad to answer them!