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The Cars Most Americans Are Shopping For
Wall Street 24X7 ^ | 06/20/2013 | Alexander E. M. Hess and Michael B. Sauter

Posted on 06/20/2013 9:03:53 AM PDT by SeekAndFind

When Americans want to buy a car, nearly one in six will consider buying a Ford. While not all buyers drive off with one, consumer consideration is a good measure of demand for the brand and sales.

Edmunds.com measured the number of visitors who looked at the pricing, reviews or details of all cars on the site. Based on visitor consideration, these are the cars most Americans are shopping for.

Buyers often look at multiple models before picking one. In general, though, the most commonly considered brands in the country are also the top-selling ones. The top six brands based on 2013 U.S. market share through May are also the six brands customers consider most.

In the case of some car brands, a large number of models account for their success. Edmunds.com analyst Jeremy Acevedo explained that Ford has a diverse lineup of vehicles that helped make it the top auto brand in the United States for consideration and sales last month.

However, he added, this is not the case for brands like Honda, which was number three in consideration and number four in May sales. “They’re doing that on the back of their core. The Accord, the Civic, and the CR-V are driving consideration that high.” Indeed, those three models accounted for more than 70% of Honda’s sales in May.

Relatively highly consideration does not necessarily guarantee high sales. Mazda and BMW were the seventh and eighth most considered brands in the country, respectively, but 17th and 16th in sales. Regarding BMW, “the entry-level luxury market is particularly competitive,” Acevedo said. Because it is such a competitive segment, he explained, more people may think about owning a BMW without that necessarily turning into sales.

24/7 Wall St. reviewed the car brands buyers considered the most on Edmunds.com in May 2013. In addition to these figures, Edmunds.com provided sales and market share data for the first five months of this year. We also relied on company press releases and the auto sales data from The Wall Street Journal’s Markets Data Center.

These are the cars most Americans are shopping for.

10. Volkswagen
> Consideration: 5.4%
> YTD sales: 169,835 (11th most)
> YTD market share: 2.6%
> Top model: Jetta

Sales of Volkswagen nearly doubled between 2008 and 2012, from 223,000 to 438,000. In 2013, however, this trend leveled off. The brand’s U.S. sales through May, were virtually unchanged from the same period the year before, while car sales across the country increased by 7.3%. Sales of the Jetta declined 4.5%. A year ago from May, Volkswagen was on 6.7% of car buyers’ short lists, compared to just 5.4% this May.

Also Read: The Oldest Company Logos in America

9. Subaru
> Consideration: 5.9%
> YTD sales: 165,362 (12th most)
> YTD market share: 2.6%
> Top model: Outback

Subaru’s sales rose by 79% between 2008 and 2012, more than all but two other brands. At the same time, consumer interest also has increased. As of May, 5.9% of consumers looking for a car considered a Subaru, up from 4.3% the year before when the brand was just the 13th most-desired brand. The brand’s results so far in 2013 may be the most impressive sign of how increased consideration has led to rising sales; for the first five months of the year, sales rose by 21.1% from the same period in 2012.

8. BMW
> Consideration: 6.0%
> YTD sales: 113,357 (17th most)
> YTD market share: 1.8%
> Top model: 3 Series

Car buyers were more likely to consider a BMW than any other German car brand. However, in terms of actual sales, both Mercedes-Benz and Volkswagen outsold the brand. Meanwhile, BMW sales rose by a modest 11% between 2008 and 2012. So far this year, BMW has sold 113,357 cars, up just over 8% from the year before. Sales of the make’s top-selling model, the 3 series, have slid by 4.5% through the first five months of 2013.

7. Mazda
> Consideration: 6.4%
> YTD sales: 122,447 (16th most)
> YTD market share: 1.9%
> Top model: Mazda3

While only six car brands are considered by potential car buyers more frequently than Mazda, only slightly more than 122,000 vehicles have been sold this year. This was far fewer than a number of brands consumers were less likely to consider, such as Dodge, which sold more than 268,000 cars through May. While total light vehicle sales in the United States were up 7.3%, Mazda’s sales so far in 2013 have declined slightly compared to its sales in the first five months of 2012.

6. Hyundai
> Consideration: 7.1%
> YTD sales: 296,003 (6th most)
> YTD market share: 4.6%
> Top model: Elantra

Hyundai’s sales rose in every year between 2008 and 2012, from roughly 400,000 to 700,000 cars sold. Yet so far in 2013, sales growth for Hyundai has leveled-off. Total vehicle sales for the first five months of the year were almost identical to the year before, although May was especially strong for the company. The percentage of buyers considering a Hyundai fell from 8.6% in May 2012 to 7.1% last month. Among the bright spots for the maker, sales of its top-selling Elantra topped 100,000 for the year, and 25,000 in May. Sales through May were up 30% for the top-selling model.

5. Nissan
> Consideration: 8.8%
> YTD sales: 477,466 (5th most)
> YTD market share: 7.4%
> Top model: Altima

For the past five full years of sales, Nissan has consistently been the number five auto brand in the country. It appears that it will continue along that track this year, being fifth best-selling brand in the first five months of 2013. The brand hit its record for May sales this year, shipping 106,558 models in the United States, compared to just over 81,000 in the same month last year. Among the car brands providing Nissan with boosts in sales were the Pathfinder and the Leaf, which have both tripled sales in the first five months of this year compared to last year.

Also Read: The Most Dangerous Cities in America

4. Chevrolet
> Consideration: 9.1%
> YTD sales: 821,674 (2nd most)
> YTD market share: 12.8%
> Top model: Silverado

Chevrolet has sold more than 820,000 cars through May, behind only Ford. Similarly, the Silverado pickup was one of America’s favorite cars in the first five months of the year with nearly 200,000 units sold, up 23.9% from the same period in 2012. But of General Motors Co.’s (NYSE: GM) five brands, none grew at a slower clip domestically than Chevy. Sales so far this year through May were up just 5.1% from the same period in 2012, well below the 37.6% growth rate recorded by GM’s Cadillac.

3. Honda
> Consideration: 12.0%
> YTD sales: 545,447 (4th most)
> YTD market share: 8.5%
> Top model: Accord

Honda was one of just four car brands that had sold more than half a million vehicles in the first five months of 2013. The brand’s sales rose 5.6% in that period, versus the same period the year before. Currently, Honda has 8.5% share of the auto market. Although this is the fourth-highest U.S. auto market share, it is still well behind Chevy, Ford and Toyota, all of which had at least 12% of the market so far in 2013. One positive for Honda Motor Co. Ltd. (NYSE: HMC) is that consideration among car buyers rose from 10.7% last May to 12.0% in May 2013, overtaking Chevrolet.

2. Toyota
> Consideration: 14.6%
> YTD sales: 787,836 (3rd most)
> YTD market share: 12.3%
> Top model: Camry

The Toyota brand, which once had a tight grip on the number one spot in the U.S. auto market, has dropped to the number three spot in the past three full years of sales. However, sales appear to be moving in the right direction again for the Japanese auto brand. Sales of its two closest competitors, Chevy and Ford, grew by only 5% and 4%, respectively, between 2011 and 2012, while Toyota Motor Corp’s (NYSE: TM) grew by 26%. In May, Toyota came close to driving Chevrolet out of the number two spot in sales, and was second in the country for consideration as well. Some bad news for the brand include the decline in sales of two of its top nameplates, in the first five months of this year compared to the first five months of last year.

Also Read: America’s Most Wasteful Companies

1. Ford
> Consideration: 15.0%
> YTD sales: 1,024,000 (the most)
> YTD market share: 16%
> Top model: F-Series

Ford is the best-selling car brand in the nation with more than 1 million vehicle sales this year through May. For this part of 2013, sales of the make were up 13.9% from the year before, driven especially by growth in the sales of its Escape, Explorer, Fusion and F-Series models, all of which were up by at least 20% from the year before. Especially impressive was the growth in the F-Series, America’s most popular car, with nearly 300,000 sold through May. Ford has also effectively converted possible buyers into actual car owners. While it frequently battles Toyota for the lead spot on customers wish lists, Ford Motor Co.’s (NYSE: F) 16% market share in 2013 sales is well above its rivals.



TOPICS: Business/Economy; Society
KEYWORDS: cars
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To: Himyar

Only because they have major problems with rust. Bang for the buck, the WRX is a fast little beast.


61 posted on 06/20/2013 12:49:48 PM PDT by Neoliberalnot (Marxism works well only with the uneducated and the unarmed.)
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To: dfwgator

died with it, too, apparently.


62 posted on 06/20/2013 1:02:06 PM PDT by schm0e ("we are in the midst of a coup.")
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To: cuban leaf

I just have a problem with many new cars. Like most old people I’m a creature of habit and like to put the window down and rest my left arm on the frame. The side panels of all the new cars go up way too far to do that. And I find the headrests and seat belts are just way too uncomfortable.

There is never any place to put my purse and briefcase. Designers seemed to think that they solved the female buyer issue by putting a lighted mirror in the visor. So wrong.

We used to have a Ford station wagon back in the late 70’s. Ugly, ugly but my son was in a band and I could get his drums and his friend’s trombone in it and still have room.

Glad you like your FRS. I’m not much on toy cars. LOL


63 posted on 06/20/2013 1:07:01 PM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: SeekAndFind
Now I understand why the Michigan cities of Flint and Detroit are the way they are...Then you really don't understand anything about why they are what they are........

Hints....Mismanaged, Unions, Politicians, Laws, EPA, Government, crappy products...........

64 posted on 06/20/2013 1:12:49 PM PDT by Osage Orange (Life is a bitch. If it was easy, we would call it a slut)
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To: SeekAndFind
The Cars Most Americans Are Shopping For

There are many excellent cars manufactured from all over the world to chose from when buying an automobile.

This American follows his own advice.

The first place to find the car that meets your needs is from an American car company who builds the car in America.

The second place to find the car that meets your needs is from a foreign car company who builds the car in America.

The third and last place to find the car that meets your needs is from a foreign car company who imports the car to America.

There are dozens of great auto manufacturers to pick from the second and third choices but only one manufacturer from the first choice.

Fiat and the government control Chrysler and General Motors no longer exist so the only remaining America car company is Ford Motors. Luckily, for Americans Ford builds outstanding automobiles.

65 posted on 06/20/2013 1:30:22 PM PDT by MosesKnows (Love many, trust few, and always paddle your own canoe.)
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To: Revolting cat!

I went for a ride in a Skoda cab once around Prague.


66 posted on 06/20/2013 2:43:12 PM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: a fool in paradise

They are less costly than Volkswagens, but as good. The Swiss love them. This to answer the question why are the Swiss so wealthy?


67 posted on 06/20/2013 2:46:34 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: Revolting cat!

Didn’t Bill Clinton order the bombing of the Yugo factory?

How’s Skoda doing these days?


68 posted on 06/20/2013 2:48:11 PM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: Cicero
"...I had a Subaru, which I really liked for back roads and winter driving, but regrettably the car rusted far too quickly..."

It's been 20 years, but I examined a New Hampshire Subaru for a Florida friend: you could measure the tread of the front tires through the tops of the fenders!

≡≡8-O

69 posted on 06/21/2013 1:48:09 AM PDT by Does so (Progressives Don't Know the Meaning of INFRINGED...)
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To: Marcella

I loved the look of the old Jags.


70 posted on 06/21/2013 2:08:01 AM PDT by 9YearLurker
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To: Grams A

One of the reasons I got the FRS is that we are empty nesters and already have a Chevy silverado 4x4 four door for our farm stuff and a Scion xB for carrying passengers to visit the various cities around here (nashville, Louisville, etc.) and tour horse country. Also, I am STILL in bands and I can get a ton of music gear and three people in that xBox.

The reason for the FRS is that I do 2.5 hours of commuting every day on some amazingly fun twisties. I used to own a Vega GT back in the early 70’s and an Opel GT up until the late 70’s. I belonged to a sports car club and did some racing.

This car harkens back to those days (especially the Opel) and actually is the equivalent of a two seater with a fair amount of storage. The fact that I can carry my bass along with an amp and small cabinet is huge.

Also, it seems to be shaping up to be that ever elusive sports car men search for that do not seem to be something women buy and drive. ;-)

And when I drive it, it feels BETTER than playing those racing games on the playstation with my grandson. I LOVE toy cars. ;-)


71 posted on 06/21/2013 4:32:15 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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