2009 February Auto Sales: Going Nowhere Fast
By Joe Lorio
As the breadth and severity of the Wall-Street-created recession continue to intensify, it's no surprise that auto sales remain flat. Although the figures are a tiny bit better than January's, which is a typical pattern, they're still more than 40 percent lower than a year ago. Once again, the pain is widespread, with the domestic brands suffering a bit more than most imports:
Feb '09 vs. Feb '08
Smart +29%
Subaru +1%
Kia +0%
Hyundai -2%
Rolls-Royce -3% (36 cars versus 37 last year)
Porsche -11%
Mini -17%
VW -17%
Lamborghini -17% (estimated)
Lotus -18% (estimated)
Maybach -20% (8 cars versus 10 last year)
Mercedes-Benz -23%
Jaguar -29% (estimated)
Land Rover -29% (estimated)
Audi -29%
Mazda -30%
Jeep -32%
Ferrari -33%
Infiniti -37%
Nissan -37%
BMW -38%
Honda -38%
Lexus -38%
Toyota -39%
Dodge -39%
Lincoln -41%
Pontiac -41%
Acura -41%
Mercury -45%
Ford -49%
Buick -51%
Cadillac -51%
Mitsubishi -51%
GMC -52%
Volvo -55%
Chevrolet -55%
Saturn -57%
Scion -58%
Saab -59%
Suzuki -60%
Chrysler -63%
Hummer -69%
Bentley -70%
Maserati -71%
...
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