U.S. sales by company and percent gain over a year ago:
• Honda, up 39 percent
• Volkswagen, up 29.3 percent
• Toyota, up 17 percent
• Chrysler, up 14 percent
• Nissan, up 13 percent
• Hyundai, up 8 percent
• Ford, up 6.5 percent
• General Motors, up 3.4 percent
Source: MCT Information Services
Volkswagen had its best November in the U.S. in nearly 40 years last month, but worries the economy could drive off the fiscal cliff may hit December auto industry sales, experts said Monday.
Jonathan Browning, chief executive of Volkswagen Group of America, said he's expecting "a relatively strong" December, but federal budget talks could hinder consumer confidence.
"Discussions around the fiscal cliff have the potential to disrupt confidence," he said in a conference call with reporters and analysts.
Overall, VW's U.S. sales climbed 29.3 percent in November over a year ago to 36,728 last month, the company said.
Sales of the Chattanooga-made Passat have surpassed the 100,000 mark for the year, and the midsize sedan hit its best November mark ever with 10,544 units sold, according to the automaker.
Meanwhile, General Motors sales climbed 3.4 percent in November to 186,505, its highest U.S. sales volume for the month since 2007.
Danny Jackson of Walter Jackson Chevrolet in Ringgold, Ga., said that the faster the fiscal cliff issue is resolved, the better.
"The quicker we can get that settled and get it behind us, things will settle down," he said.
Jackson said sales were soft in November, but up over October. He said December started well with "a really good day Saturday."
Hyundai reported U.S. sales rose 8 percent to 53,487 vehicles. That was its top November since the brand entered the U.S. market more than 25 years ago.
Ken Rivera, sales manager for Long Hyundai in Chattanooga, also said uncertainly about the fiscal cliff could affect sales moving ahead. But, he added that uncertainty isn't anything new lately.
"We're sitting on a record-setting year," he said about Long Hyundai sales.
In Hamilton County, however, sales dropped in November for the first time this year compared to 2011.
New vehicle registrations were 877 last month, falling 7.7 percent from November 2011.
But for the year, Hamilton new car and truck titles are 14.7 percent above 2011, according to the county Clerk's Office.
American Honda Motor Co. reported sales jumped 39 percent in November compared with the same month last year, reaching 116,580 vehicles, an all-time record for the month.
"We are now surpassing sales records set pre-recession," said John Mendel, executive vice president of sales at American Honda.
VW sales for the year are 35 percent above the same period in 2011, according to VW. Browning said year-to-date sales of 394,128 are more than 100,000 units above last year.
For 2013, he said he's projecting steady growth rather than seeing a spectacular increase in sales.
Contact Mike Pare at email@example.com or 423-757-6318.
Mike Pare, the deputy Business editor at the Chattanooga Times Free Press, has worked at the paper for 27 years. In addition to editing, Mike also writes Business stories and covers Volkswagen, economic development and manufacturing in Chattanooga and the surrounding area. In the past he also has covered higher education. Mike, a native of Fort Lauderdale, Fla., received a bachelor’s degree in communications from Florida Atlantic University. he worked at the Rome News-Tribune before ...
related articles »
DETROIT — Superstorm Sandy gave an extra boost to U.S. auto sales, making November the best month for carmakers in ...
Amid the havoc of superstorm Sandy, two of the three automakers with plants in Tennessee posted higher U.S. sales in ...
Easier credit, hot new cars and falling gas prices kept Americans buying vehicles at a strong pace in May despite ...
Charlie Durham of Kia of Chattanooga says the brand’s fuel-sipping models and vehicle quality helped drive sales hikes last month.