You're watching...
April Auto Sales Winners and Losers
Details
-
Description
Gary Gastelu of the FOX Car Report breaks down April auto sales numbers.
- Duration 3:42
- Date May 1, 2012
You're watching...
Gary Gastelu of the FOX Car Report breaks down April auto sales numbers.
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
Well these numbers not the best but they're pretty doggone good April's auto sales coming in solid this morning and the rest of the year is looking even better.
-- with the winners and any losers -- gasoline has to fox car report.
Ford GM -- lower Chrysler is the bright shining star it's got its vehicles are really selling that well.
Yeah Ford and GM they've recovered last year this is prices -- year and they are doing very well and one of the reasons are.
They make unique product to Chrysler 300 that's a rear drive.
Luxury sedan the other guys are really making that right now the Jeep Grand Cherokee a lot of people look at that as the -- choice among suvs and crossovers selling more of those than they can -- -- with the -- -- is that nobody else.
The flea market.
Day on the two weeks that the factor that makes the Jeep Grand Cherokee easily -- off from the summer there work in those two weeks and actually speed up add some 11100 job -- -- have begun to working for the vacation this year and that just goes to show how many people are -- us a vehicle.
You mentioned earlier upping on upping production is Hyundai as well are not Hyundai is Carson and vehicle selling as well I think Chrysler here as well as -- is done over the last several years they've been capacity constraint they didn't just -- -- build new factories hoping to sell cars they're building as many cars that they can't.
That revenue shift down there in Alabama trying to figure a way to build a 100000 more cars this year that they know they can sell any notable weakness or weak spot saying that GM -- trades right now -- the cruise ticket took a bit of -- hit this month -- -- General Motors and general is saying that they were showing -- were -- last year -- -- camera that's part of the reason that they saw a drop this April.
But you know the -- -- more competition.
Pacific wasn't in the gain last year this time around I'm seeing in February in the streets right now and Toyota way back up to speed -- with 25% increase themselves as -- -- GM is increasingly on the ropes as the year progresses the cause of the comeback and the Japanese on the other -- -- start we're gonna have enough and they don't have a lot of new product coming out this year you know the -- still selling well that's three to smaller car than the -- and part of those who -- probably went to the new view of Iran which is basically a luxury version.
Of the cruise but that seems to be -- some sales from -- regal which is slightly larger.
Big picture why our sales and strong because this was happening even as gas prices nationwide were hovering near four dollars a gallon last month.
Is it just upgrade cycle are people it is the economy that much better.
The cycle pent up demand for cars are all you know almost eleven your average now.
As far as the US we've his concerns of people you have to replace those at some point and I think now with the guess vs stabilizing of people little bit more comfortable because shopping.
-- in what about the makeup of the cars and trucks that are selling are you seeing people buying him on better -- PG cars.
But again with even bigger cars you see -- and she's better than it was just few years getting all the cars are better even pick a person get better fuel economy and in the data again this month you know Ford Fiesta sales dropped dramatically that's the small subcompact car focus was about the same as last month one of a couple of thousand units -- people are definitely being more attracted to it.
I fuel economy cars and they were two or three years ago.
But as far as you know month to month this year it seems to be pretty much stable give -- protection breakout star for the rest of the year can be a car or -- -- -- Dodge -- absolutely this is a car that's gonna put them through over.
Everyone says this thinks fantastic I've driven yet but if you lay our colleagues have this thing's gonna be a huge hit for dodge in this segment where they have nothing right and content house don't -- That was a big people love the -- -- 200 -- -- -- -- that's what the name of the website that was the biggest story of the day for me a couple of months ago when they announced that and this is that this could be huge hit.
Across the board for Chrysler.
-- -- -- -- -- -- -- can't -- our operations so.
Art agent that's -- OK Gary I believe you can't -- and I think there's so much.