Latest news with #vehiclesales
Yahoo
15 hours ago
- Automotive
- Yahoo
This Unassuming Crossover Is Threatening To Upend Ford's F-150 Sales Record
We all love a story about giant-slayers. Underdogs rolling up to challenge entrenched businesses or corporate bigwigs, only to end up winning the day. That's the plot of approximately 92% of '80s movies. So, to find out that the long-running, all-conquering, dominant Ford F-150 pickup truck might no longer be at the top of the vehicle sales ladder, but could get displaced by some young upstart, feels like either the climactic plot point of a John Hughes film about plucky misfit car builders beating the Big Three or deeply un-American, depending on your viewpoint. Let's not keep you waiting any longer. The vehicle we're talking about is the Tesla Cybertruck. Ha, no, sorry, can't keep a straight face! The Ford F-150 Lightning alone outsells the Cybertruck. The sales-threatening crossover in question is actually the Toyota RAV4. Yes, the Japanese SUVlet that was advertised in America in the late '90s with a TV commercial featuring the undisputed banger "What Do I Get?" by English punk legends Buzzcocks. Here's the thing, though. JATO Dynamics (an automotive analytics firm and not a "Jet Assisted Take-Off" specialist) reports that Ford sold 460,915 F-150s in 2024, while the RAV4 sold 475,193. But that sales reporting doesn't account for the F-250 through F-600 models, while Ford itself counts those F-series models as branches of a single tree. Mike Levine, Ford's North America product communications director, told Road and Track, "All Ford F-Series trucks, from F-150 to F-600, share a common cab architecture from the A-pillar to the C-pillar." Count Ford's F-Series the way Ford does, and you're looking at over 732,000 sold in 2024 instead. Add in Ford heavy trucks, such as the F-650 and F-750, and that count goes even higher. Read more: Ford Faces Yet Another Massive Safety Probe As Feds Investigate 1.3 Million Faulty F-150s Digging Into The Real Sales Figures For an even fairer comparison, let's add in the Ford Maverick and Ranger, which act like more affordable and efficient mini-F-Series (and aren't far from the size of older F-150s anyway). The cheapest F-150 today costs $8,000 more than it did in 2021, when it could be had for under $30,000. Meanwhile, 2024 Mavericks have suggested prices starting around $24,000, and the 2024 Ranger started at just under $33,000. Really, these trucks have slotted in nicely as mini F-series, and they certainly have the capability to be thought of as such. Yes, 2024 F-150 sales dropped 5% from 2023, but Mavericks and Rangers went from 126,392 sold in the U.S. in 2023 to 177,347 in 2024. Even the F-Series as a whole increased sales, climbing from 726,624 in 2023 to 732,139 in 2024. Combine the sales of the 2024 Maverick, Ranger, and F-series, and you get 909,486 trucks. Add in the heavy trucks (F-650 and F-750), and you get 923,157. The other consideration is that the 2024 RAV4 base suggested price was about $30,000. Inflation has had unpleasant effects on the U.S. economy as of late, and "stagflation," where inflation outpaces job growth, is a real concern. So, looking through a microscope at only the cheaper RAV4 and pricier F-150 is kind of an apples-to-filet-mignon comparison. You're saying the less costly, but still quite utility-forward vehicle, improved in sales when the economy is hurting? What a surprise. RAV4s Sold Great, But There's More To Ford's Pickup Lineup Than The F-150 Combining the sales of Toyota's SUVs and crossovers in 2024, including the RAV4, bZ4X, Highlander, Grand Highlander, Corolla Cross, 4Runner, Venza, Sequoia, and Land Cruiser, yields 927,611 sold. In other words, Ford's truck lineup alone rivals the sales of the full SUV/crossover lineup from Toyota in 2024, including leftovers such as the discontinued Venza, which contributed about 32,000 vehicles on its way out the door. It's almost like the F-Series' utility is still necessary in many situations. So is this "sales upset" a victory for the RAV4? Does it prove some larger point about a shift from large trucks to more eco-friendly crossovers? Not really, and by laser focusing on the F-150 and RAV4, a rather incomplete picture has been painted. RAV4s sell well, no doubt about it, and the 2026 hybrid-only Toyota RAV4 with its 320-hp PHEV Sport Version is something to look forward to. But Ford's F-Series is still about 250,000 ahead in yearly sales, and that's a lot of ground to cover for a single model. Ford's throne is certainly safe for the moment, as evidenced by the fact that in 2025 so far, the RAV4 has moved 239,451 vehicles to the F-Series' 412,858. Want more like this? Join the Jalopnik newsletter to get the latest auto news sent straight to your inbox... Read the original article on Jalopnik.
CBC
20-07-2025
- Automotive
- CBC
Cars keep getting more expensive but Albertans are still buying plenty — before tariffs really bite
Across Alberta, more people are buying new vehicles even as prices have been shooting up. Statistics Canada says new motor vehicle sales in the province hit a seven-year high in May, with 23,691 units sold. The province hasn't seen that many vehicles sold in a month since May 2018. The price of the vehicles sold in May 2025 totalled $1.42 billion, an all-time record in terms of dollars. It continued a strong start to the calendar year for vehicle sales, which has come as a surprise to many in the industry. "If someone would have told me back in February that we'd be sitting here at the end of June with Ford having as good a year, and some other auto manufacturers as well, I would have said not a chance," said Marty Giles with Northstar Ford in Calgary. Mark Parsons, chief economist with ATB Financial, says it's unusual to see both prices and demand go up at the same time. He believe several factors are driving sales right now. "One is front-loading: getting ahead of tariff pressures," he said. "You're starting to see some early signs that tariffs are creeping through to vehicle prices but we haven't felt the full impacts yet. So folks are trying to get in front of that, and buy their vehicles now, while they can." Parsons said Alberta's rapid population growth and pent-up demand from the pandemic are also at play. He expects sales numbers to fall as price pressures continue to build later in the year. "It's been a good run," said Gerald Wood with the Motor Dealers Association of Alberta. "Everybody's still a little bit concerned about what the second half of the year ultimately is going to look like, but we're just trying to deal with what we can control now and make sure that we satisfy as many customers as we possibly can." He says vehicles are getting more expensive because input costs are going up across the supply chain, including the cost of transport and the vehicle components, themselves. Wood said U.S. President Donald Trump's latest tariff threats and any reciprocal tariffs could also have a big impact on the auto industry.
Yahoo
14-07-2025
- Automotive
- Yahoo
Chinese vehicle sales rise 14% in June
Sales of Chinese-made vehicles, including exports, rose by 14% to 2.904 million units in June 2025, up from 2.551 million units a year earlier, according to passenger car and commercial vehicle wholesale data compiled by the China Association of Automobile Manufacturers (CAAM). Domestic sales rose by just over 10% to 2.312 million units last month, while exports increased by 22% to 592,000 units. The Chinese government has stepped up its stimulus measures this year to boost domestic vehicles sales, including increasing vehicle trade-in and scrappage incentives which favour mainly new energy vehicle (NEV) sales. The country's vehicle market has also responded to strong price competition among domestic manufacturers and numerous new model launches. In the first six months of 2025, total sales of China-made vehicles increased by over 11% to 15,653 million units, up from 14.054 million a year earlier, including a 12% rise in domestic sales to 12.570 million units while exports rose by over 10% to 3.083 million units. Overall sales of passenger vehicles increased by 14% to 13.531 million units, while commercial vehicle sales rose by 2.6% to 2.122 million units. First-half sales of new energy vehicles (NEVs) rose by 40% to 6.937 million units, accounting for over 44% of total vehicle sales in the country. Battery electric vehicle (BEV) sales surged by 48% to 4.443 million units while plug-in hybrid vehicle (PHEV) sales rose by 25% to 2.491 million units. Domestic NEV sales rose by 34% to 5.878 million units year-to-date, while exports jumped by 75% to 1.059 million units. Overall vehicle production in the country rose by almost 13% to 15.621 million units in the first half of 2025, compared with 13.880 million in the same period last year. Manufacturer performances BYD's global sales rose by 33% to 2,145,954 units in the first six months of 2025, including a 128% surge in overseas sales to 464,266 units. Overall sales of passenger PHEVs surged by 24% to 1,089,890 units, while passenger BEV sales rose by 41% to 1,023,381 units and commercial vehicle sales jumped more than fivefold to 32,683 units. SAIC Motor reported a 12% increase in global sales to 2,052,680 units year-to-date, driven by a 32% surge in SAIC-GM-Wuling's deliveries to 753,276 units. SAIC-VW's sales dropped by 4% to 492,145 units, while SAIC-GM's sales increased by 9% to 245,067 units from depressed year-earlier levels. Overseas sales increased by just over 1% to 494,052 units, while global NEV sales surged by 40% to 646,322 units. Geely Automobile Holdings reported a 47% rise in global sales to 1,409,180 units in the first half of 2025, while Chery Automobile's sales rose by 14% to 1,260,124 units, including 550,270 exports. GAC Group, including its joint ventures with Toyota and Honda, reported a 12% sales decline to 755,300 units, while Great Wall Motor's sales increased by 8% to 559,669 units – driven by a 63% jump in overseas sales to 201,500 units. Tesla's Shanghai factory sales fell by 15% to 364,474 units year-to-date, with retail sales in China falling by 5% to 263,410 units despite the recent launch of the revised Model Y, while exports plunged by 32% to 101,064 units. "Chinese vehicle sales rise 14% in June" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Times
06-05-2025
- Automotive
- Times
Rush to beat tax changes blamed for fall in monthly car sales
New car sales slumped by more than 10 per cent in April, reversing the significant gains made in the number plate change month of March. The trade blamed that on buyers getting in ahead of tax changes, which came in at the start of April, with all levels of vehicle excise duty rising and the introduction of the expensive car supplement hitting all cars with a price tag above £40,000. The latest figures also show a big drive into plug-in hybrids, internal combustion engine vehicles which can run for a few dozen miles on a rechargeable electric battery. In April, total sales of new cars fell to 120,331 from 134,274 last April, the sixth monthly fall in seven months. New registrations, already at historically low
