Motor Intelligence

NEW & CPO VEHICLE SALES

Next Sales Release: Thursday Aug 1
U.S. Sales Reporting Calendar

NEW VEHICLE SALES (ESTIMATED)JUN 2024

BRAND	CAR	TRUCK	ALL
Acura	2,655	7,702	10,357
Alfa Romeo *	229	622	851
Aston Martin *	93	64	157
Audi *	5,294	9,378	14,672
Bentley *	163	108	271
BMW	10,812	19,976	30,788
BrightDrop *		238	238
Buick *		14,144	14,144
Cadillac *	1,671	10,326	11,997
Chevrolet *	12,162	129,082	141,244
Chrysler *	690	11,636	12,326
Dodge *	7,838	7,601	15,439
Ferrari	188	29	217
Fiat *	70	44	114
Fisker *		570	570
Ford	3,906	153,723	157,629
Genesis	1,252	4,367	5,619
GMC *		56,312	56,312
Honda	34,426	67,959	102,385
Hyundai	18,865	48,766	67,631
Ineos *		535	535
Infiniti *	495	3,819	4,314
Jaguar *	166	1,046	1,212
Jeep *		50,183	50,183
Karma *	2		2
Kia	15,131	50,798	65,929
Lamborghini *	87	131	218
Land Rover *		7,068	7,068
Lexus *	5,376	23,024	28,400
Lincoln		7,300	7,300
Lotus *	150		150
Lucid *	790		790
Maserati	44	357	401
Mazda	3,446	32,250	35,696
McLaren *	95		95
Mercedes-Benz *	8,751	23,056	31,807
MINI	1,204	878	2,082
Mitsubishi	1,175	6,291	7,466
Nissan *	32,575	46,913	79,488
Polestar *	318		318
Porsche *	2,691	4,406	7,097
Ram *		42,114	42,114
Rivian *		4,826	4,826
Rolls Royce *	89	46	135
Subaru	22,732	32,496	55,228
Tesla *	15,721	38,487	54,208
Toyota *	47,379	117,534	164,913
VinFast *		425	425
Volkswagen *	9,612	23,820	33,432
Volvo	1,650	7,654	9,304
*Final*	269,993	1,068,104	1,338,097

* Sales Estimate

MI IN THE MEDIA

Car dealers beef up incentives as US inflation takes bite out of demand
Financial Times on 07/22/2024
Ford's 2nd quarter sales grow 0.8% with hybrid vehicles leading the charge
Detroit Free Press on 07/03/2024
Ford, Toyota, Honda, Hyundai, Kia post robust U.S. sales gains in May; SAAR tops 16M for first time this year
Automotive News on 06/03/2024

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MIS UPDATES

Lease price points have been updated to include regional data for Hyundai, Toyota, and Volkswagen. 7/19/2024
Lease rates and residual values are available for all brands. 7/16/2024
CPO / PO incentives are now available for all brands. 7/16/2024
Lease rates and residual values are now available for Audi, BMW, Ford, Hyundai, and Lexus. 7/15/2024
Lease price points are now available for all brands. 7/15/2024

INCENTIVE HIGHLIGHTS

2024 F-SERIES: Raised Supplier / Employee bonus cash on F-150 Lightning to $5,500 (from $2,750).
2023 EXPLORER: Raised customer cash to $9,250, but eliminated lease support in its Los Angeles and San Francisco regions (from $4,250).
Effective 7/19/2024 on F-Series, Explorer.
2024 EQUINOX EV: Added $1,500 conquest cash, $1,000 lease loyalty cash and enhanced special lease program, lowering its advertised payment by $20/month to $349/month for 36 months with $3,499 due at signing.
2024 BLAZER EV: Added $1,500 conquest cash.
Effective 7/24/2024 on Blazer EV, Equinox EV.
2025 HUMMER EV: Launched with a special lease program.
Effective 7/25/2024 on Hummer EV.
2025 SORENTO: Launched with $500 owner loyalty cash, 3.9% special retail financing for up to 48 months, 4.25% for 49-60 months, 4.49% for 61-66 months, 4.99% for 67-72 months and 6.75% for 73-84 months or 5.5% retail financing for up to 48 months, 5.75% for 49-60 months, 6.0% for 61-66 months and 6.5% for 67-72 months plus $750 APR bonus cash and a special lease program, featuring an advertised payment of $329/month for 36 months with $3,799 due at signing in select states.
2025 SPORTAGE HYBRID: Launched with 5.75% retail financing for up to 48 months, 5.99% for 49-60 months, 6.25% for 61-66 months and 6.49% for 67-72 months and a special lease program, featuring an advertised payment of $369/month for 36 months with $3,499 due at signing in Select States.
2025 SPORTAGE PHEV: Launched with 5.25% retail financing for up to 48 months, 5.49% for49-60 months, 5.75% for 61-66 months, 5.99% for 67-72 months or 5.75% for up to 48 months, 6.0% for 49-60 months, 6.25% for 61-66 months and 6.5% for 67-72 months plus $300 APR bonus cash and a special lease program, featuring an advertised payment of $339/month for 36 months with $3,499 due at signing in ZEV States.
Effective 7/24/2024 on Sorento, Sportage Hybrid, Sportage PHEV.
2024 Sierra: Launched a GM Financial lease program on 2024 Sierra EV, that includes $7,500 in lease residual value support.
Effective 7/18/2024 on Sierra.