April 2011 US sales: Korea’s fastest growth rate is the slowest

U.S. sales increased nearly 20% in the first four months

According to data published by Gasgoo.com in the US Autodata Corporation, sales of US light vehicles (including passenger cars and light trucks) increased by 17.9% year-on-year to 1.178 million units in April 2011, and cumulative sales in January-April increased by 19.6% year-on-year to 421.76. 10,000 cars.

Growth rate: The fastest in Korea, the slowest in Japanese

The 99% share of the U.S. light vehicle market is dominated by the four largest car companies. The order of their market share is the U.S. domestic car maker, the Japanese car maker, the South Korean car maker and the German car maker. Others are sports companies under the Italian Fiat Group, as well as Volvo, Jaguar Land Rover, and Saab, which are now China, India and the Netherlands.

In January-April, the sales volume of GM’s three largest automakers, General Motors, Ford, and Chrysler, totaled 1,914.1 thousand units, a year-on-year increase of 21.2%. In April, the sales volume of the three largest US companies totaled 539,900 units, a year-on-year increase of 21.9%. In the top three, GM sales grew fastest, with sales in January-April and April increasing by 25.2% and 26.6% respectively year-on-year.

The fastest growing sales volume is South Korean car prices. From January to April, the sales volume of light vehicles in South Korean automakers increased by 35.8% year-on-year, with April sales increasing by 46.9%. Modern sales in the US from January to April and April rose by 31.4% and 40.3%, respectively, while sales in the US from January to April and April increased by 56.7% and 42.3%, respectively.

Of the four major factions, the slowest growth rate is Japanese car prices. From January to April, cumulative sales of Japanese cars in the United States increased by only 15.3%, which is lower than the average growth rate of the market. In April, the sales growth of single month was even lower, only 7.5%. Japan’s top three car makers Toyota, Nissan and Honda posted sales growth of only 1.3%, 12.2% and 9.8% respectively in April. Japanese automakers reported a slow sales growth in April. Except that some factories suffered from a lack of spare parts and production after the strong earthquakes and radiation in mid-March in Japan, the large recalls of Toyota and other Japanese auto makers last year and the first quarter of this year also affected their quality. Reputation.

In addition to Japanese car companies, German car sales growth in the US from January to April and April was also below the market average, which was 15.8% and 16.6%, respectively. German car prices, Daimler sales growth is the lowest in January-April and April sales in the United States rose only 8.5% and 3.8%. While Volkswagen, BMW, Porsche sold in the United States in April were higher than the market average speed, BMW and Porsche in the United States in January-April sales are also higher than the market average speed.

Market share: South Korea, the United States increase, Japan, Germany drop

From January to April this year, the share of Japanese car manufacturers in the U.S. light vehicle market was down 1.4% year-on-year, while the share of South Korean and U.S. local car companies increased by 1.0 and 0.6 percentage points respectively.

In April, the market share of Japanese automakers declined even more, from the 39.0% in April last year, down 3.4 percentage points to 35.5%, while the automakers in South Korea and the United States increased by 1.9 and 1.5 percentage points respectively.

In addition to Japanese car makers, German car prices fell slightly due to lower sales growth than the market average.


After the sudden change in the market share of car companies in April, the market share of U.S. car makers has been 11% higher than that of Japanese automakers, while the share of South Korean automakers in this market has increased by nearly two percentage points to 9.4%.

summary:

After Japan’s car sales volume slowed down in the United States and its market share dropped, the biggest benefit was for Korean automakers, followed by US automakers.