Tag Archives: GM

September Sales: Don’t Let the Numbers Fool You

Posted on by

ID-10045478-300x300Overall sales numbers were down for the month of September, but Autoblog’s By the Numbers claims that might not be a bad thing.

In September 2013, total sales were up for BMW Group, Ford Motor Company, and Chrysler Group while Toyota, Nissan, and American Honda all saw a drop in total sales when compared to September 2012. As By the Numbers explains, however, the important numbers are not the total sales but rather the daily average sales rate. September 2012 had two more business days than September 2013, so the dealerships would have had to perform much better on their daily sales rate to top September 2012.

Out of the four automakers that had a drop in total sales, only two of those automakers had a drop in their daily average sales rate. Toyota Motor Company and Nissan actually had a small increase in their daily average sales rate in September 2013 compared to September 2012. American Honda and General Motors were the only companies that had a drop in daily average sales rates.

Going into the fall, it is going to be tougher to tap into the out-on-the-road excitement that car buyers have during the summertime. Kids are back to school, and people are settling into a daily routine and not immediately thinking of buying a new car. For dealerships that have a thriving special finance department, however, this is less of a concern. Customers with subprime credit are getting denied at dealerships every day, and many of them need a car for work or for their families. Dealerships with Special Finance Group’s Complete Special Finance Solution are prepared to work with these customers and help them get into a new or used car, and even in slower times of the year, these dealerships can bring in higher sales.

Want to learn more about how Special Finance Group can work for your dealership? Go to http://www.specialfinancegroup.com today to learn more about the Complete Special Finance Solution, and connect with Special Finance Group on Facebook, Twitter, and LinkedIn!

Image courtesy of digitalart / FreeDigitalPhotos.net

May Auto Sales Make Up for April Slump

Posted on by

In retrospect, April was a bit of a disappointing month overall for auto sales, especially compared to the rest of 2013 and late 2012. As the numbers come in from May, however, it is clear that this is going to mark a strong start to the summer.

Among the month’s winners were General Motors, who reported the best monthly sales since September 2008, as well as Nissan with its best May sales ever. According to early reports, Chrysler, Ford, and Toyota also had increased sales in May, but as of publication, those numbers are not finalized yet.

Going into the summer months, pickup sales are expected to continue rising. People are buying them for both business and pleasure, from home construction to camping and off-road recreation. The F-Series, Ram, and Chevy Silverado have all sold very well so far and are expected to see a healthy spike when May’s sales numbers are finalized.

With May over, summer is officially here. Are you ready to move more inventory and boost foot traffic in your dealership? Special Finance Group is ready to assist you with their Complete Special Finance Solution. To learn more about what Special Finance Group can do for you, go to http://www.specialfinancegroup.com, and connect with Special Finance Group on Facebook, Twitter, and LinkedIn.

Image courtesy of arztsamui / FreeDigitalPhotos.net

Automakers Break Records with March 2013 Sales

Posted on by

After 2012′s record-breaking sales, it seemed like the auto industry would eventually hit its peak and plateau. Now that March is over, though, it hasn’t happened yet. For nearly every automaker, March 2013 sales were significantly higher than one year ago.

Cadillac saw the highest increase in volume of sales with a 49 percent increase compared to March 2012, but Ram and Dodge also did extremely well with 24 percent and 15 percent increases respectively. Ford was the top seller overall with 229,335 units, though it was on the lower end of sales increases with a 6.86 percent increase.

Going into April, dealerships across the country need to dive in and realize that they could see some of their best numbers in years this spring. Now that auto loans are more accessible than ever, even to consumers with poor credit, dealerships simply need to focus on getting car shoppers in the door. Americans are ready to buy, and with the right promotion and customer outreach, they are almost guaranteed to do well.

Are you looking to move more inventory, increase profits for service and parts, and bring in more foot traffic to your dealership? Special Finance Group’s Complete Special Finance Solution can give you all that and more. Go to http:///www.specialfinancegroup.com to learn more, and connect with Special Finance Group online through Facebook, Twitter, and LinkedIn!

Image courtesy of digitalart / FreeDigitalPhotos.net

Auto Industry: How Did Hurricane Sandy Affect Sales Numbers?

Posted on by

November is reaching an end, and auto industry analysts are looking back at Hurricane Sandy’s effect on sales in the final days of October and determining if there even was a negative or positive effect on sales numbers.

As surprising as it is, the industry as a whole still posted a very strong October, even as many dealerships had to close their doors for days or weeks. Sales from earlier in the month and from other areas of the country were strong enough to make October 2012 the best October since before the recession. Volkswagen posted a 22 percent year-over-year gain, and Chrysler, Toyota, and GM had 10 percent, 16 percent, and 5 percent gains respectively.

Industry analysts have estimated that the storm delayed tens of thousands of sales, which sounds like bad news at first. They predicted, however, that these auto sales will still happen in the coming months, and after the storm, there will be even more potential car buyers as many people are replacing their damaged or lost cars after the storm. In other words, the auto industry might have seen a short-term set-back with the storm, but it will not slow down the upward sales trend in 2012.

Could your dealership be bringing in more sales, particularly with sub-prime credit customers? Go to www.specialfinancegroup.com and learn more about the Complete Special Finance Solution! Also, get the latest news from Special Finance Group by liking Special Finance Group on Facebook, following Special Finance Group on Twitter, and checking out Special Finance Group on LinkedIn!

Image courtesy of David Castillo Dominici / FreeDigitalPhotos.net

American Auto Makers See Year-End Boost

Posted on by

As 2011 closed out and 2012 began, it was clear that the end is not near for Detroit automakers.

In 2011, sales for new cars, trucks, and crossovers jumped 10.2 percent, and Chrysler Group alone had 37 percent sales increase compared to December 2010. Chrysler wasn’t the only domestic auto company to see big sales, though. Ford and GM also posted high sales numbers for 2011 with a sales increase of 17 percent and 14 percent respectively.

The jump in sales can be attributed to two main factors. First, domestic auto makers have been stepping up their game and making their newer models even better. Chrysler Group and their Chrysler, Jeep, Dodge, and Ram brands are great examples. Second, banks are becoming far more aggressive with their special finance programs. They want to help the millions of Americans who have challenged credit to get into a car. The trouble is that if someone has damaged credit, there is no way to rebuild it unless someone gives them the chance. Unless they have a credit card to make payments on or a car to pay off, there is no way to build up a positive payment history.

With the high demand for vehicles and millions of consumers with challenged credit, there is no better time to sign up with Special Finance Group’s Complete Special Finance Solution. Learn more about the program here and go to http://www.specialfinancegroup.com to find out what Special Finance Group could do for your auto dealership. You can also follow us on Facebook here.

Image: Ambro / FreeDigitalPhotos.net