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Hurricane Sandy Spurs November Car Sales

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  • Description

    FBN’s Jeff Flock breaks down the auto sales in November.

  • Duration 2:15
  • Date

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I well auto companies reporting strong November sales today Ford -- Toyota Nissan and Hyundai all saw strong sales due in at least.

-- -- -- An area Jeff Flock is in Chicago with more hey Jeff.

-- you know I think it is sandy and we all thought it was going to be and now both Barclays as well as Ford has said.

They think about 30000.

New vehicles more than normal.

Were purchased as a result of hurricane sandy you know trashed a lot of cars out there and it's just the way it goes.

But some of course did better than others and here's the deal there's a lot of reasons to buy -- car right now.

Interest rates low credit much more available.

New technology out there sparked sparking people to you know two buy new cars that have the new technology fuel cars didn't.

And the average age of a car right now even the ones that -- under water at eleven years old so their ego who with a big winners well.

The Fiat 500 take a look at -- brands that did particularly well the Fiat 500.

The sales of that brand were up -- 123%.

This past month Honda was up 39%.

Cadillac up 30% and VW as a brand again up 29%.

Who was up not so much well a number of them you know overall GM sales were up 3%.

But they're -- brand was unchanged for the month.

Jeep sales were actually down 3% even though Chrysler overall the group sales.

Were up about -- 15% and Lincoln despite the fact that Ford was up 7% on the month.

The Lincoln brand was down 9% and we had -- Mulally on earlier this morning talking about.

The reintegration.

Of the Lincoln brand they're gonna try to bring it back they're gonna have a big Super Bowl -- that they're gonna.

Go to Twitter and asked people to brainstorm to come up with a good add to go and -- gonna spend some money this time on the promotion of the Lincoln -- -- be looking for that as well.

Good month for auto sales they don't care about the fiscal cliff in Detroit they've already been over that cliff.

They've been there they did that.

Yeah input about though is unfortunate -- the Lincoln is associated with your grandfather's car right -- -- any unilateral I don't know -- -- blood mobile is ready to be a grandfather.

Fled with.

-- --

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