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Sales volumes last month were up year over year by more than 6% but down from December, thanks in part to improved supply and added fleet sales. High loan rates and continued inflationary pressures appear to be hurting the lower part of the market, so automakers are more focused on luxury and higher-end models. in December.
Sales volumes in December were up year-over-year by more than 5% but down from November, due in part to improved supply. Luxury brands Audi, BMW, Infiniti, Lexus, Lincoln, and Volvo showed the least price strength, selling 1% or more below MSRP in December. Elevated prices and high loan rates are putting downward pressure on sales.
Seven of the top 10 brands in this year’s reliability rankings are from Japan and South Korea, including Subaru, Kia, Infiniti, and Hyundai. While the Chrysler 300 improves to “Average,” the Pacifica minivan falls to “Below-Average.” Three European brands, Audi, BMW, and Mini, round out the top 10.
Tesla powertrains are now pretty solid for the most part, but Tesla owners report a lot of build quality issues including irregular paint, broken trim, door handles that don’t work, and trunks that don’t close. In the case of America’s preeminent EV company, Tesla landed mid pack — sandwiched between Infiniti and Ram.
Then last month, the same day the Honda plans officially fizzled, Nissan confirmed that the Rogue, which is primarily a North American vehicle, will get Nissans third-generation version of e-Power (along with, globally, its Qashqai crossover and a minivan). the layout of e-Power has been part of the concern for holding the system back.
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