Best and Worst Car Sales for October 2009
These aren't great numbers, but it's the first time sales have shown an improvement over last year (if you don't include the cash-for-clunkers months of July and August).
Hyundai came out on top with a 49% increase in sales while Chrysler saw its sales plummet 36%. Chrysler seems to be in big trouble - with no redesigned models coming to dealerships soon, traffic and interest are way down.
Some car makers are doing better than others when it comes to clearing out leftover 2009 models. Only 10% of Ford's inventory is 2009 models. This will allow them to forgoe large incentives in order to sell off this inventory. GM has about 50% of their inventory tied up in 2009 models while Hyundai still has about 30%.
One of the worst performing cars last month was the Smart car. Sales dropped 70% compared to the year ago period.
Car makers are trying to do a tight balancing act right now. Overall sales have improved over the last couple of months while car makers have kept inventory tight. If sales keep improving, there could be supply issues for car manufacturers that haven't increased production. On the other hand, if sales take a turn lower in the months ahead, car makers will have too much inventory on hand and will be forced to offer larger incentives.
Here is a list of the top 10 best selling cars for October 2009:
- Ford F-Series: 39,496 sales
- Chevy Silverado: 31,754 sales
- Toyota Camry: 30,136 sales
- Toyota Corolla: 25,717 sales
- Honda Accord: 23,210 sales
- Honda Civic: 15,868 sales
- Honda CR-V: 15,667 sales
- Nissan Altima: 14,773 sales
- Toyota RAV4: 13,971 sales
- Toyota Prius: 13,496 sales
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
About The Author
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
December 2024
- Best 0% Finance Deals December 2024 Dec 05, 2024
- Best Car Deals by Category Dec 05, 2024
- Best Lease Deal Ever - $62 per Month Dec 05, 2024
- Real Prices of Midsize Cars Dec 05, 2024
November 2024
- Best Black Friday Car Deals 2024 Nov 28, 2024
- Top 100 Cheapest New Cars Right Now Nov 28, 2024
- Real Prices of New Compact SUVs Nov 28, 2024
- Cheapest Luxury Lease Deals Nov 28, 2024
- All SUV Lease Deals Compared November 2024 Nov 21, 2024
- New Cars with the Most Available Inventory Nov 21, 2024
- Best Car Deals Around the Country Nov 21, 2024
- Real Prices of Pickup Trucks Nov 21, 2024
- How to Get $2,000 Discount on Any Tesla Nov 15, 2024
- Top 100 Cheapest Lease Deals Nov 14, 2024
- Biggest Discounts on New Cars November 2024 Nov 14, 2024
- Cars With the Largest Rebates Nov 14, 2024
- Real Prices of Midsize SUVs Nov 14, 2024
- Best Bang for Your Buck Lease Deals Nov 07, 2024
- Best Electric, Hybrid Lease Deals Nov 07, 2024
- Real Prices of Large SUVs Nov 07, 2024