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Wednesday, 01 June 2022 10:02

Automakers Report Drop in May Sales

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Automakers on June 1 began releasing May sales results.

Mazda

 

Mazda North American Operations (MNAO) reported total May sales of 15,312 vehicles, a decrease of 63.7% compared to May 2021. Year-to-date sales totaled 127,673 vehicles; a decrease of 18.5% compared to the same time last year.

 

With 24 selling days in May, compared to 26 the year prior, the company posted a decrease of 60.7% on a Daily Selling Rate (DSR) basis.

 

CPO sales totaled 5,077 vehicles in May, a decrease of 26% compared to May 2021.

 

Hyundai

 

Hyundai Motor America reported May retail sales of 59,432 units, a 30% decrease compared with May 2021.

 

May was an all-time record month for Santa Cruz retail sales. Hyundai had no fleet sales in May 2022.

 

Kia

 

Kia America announced May sales of 57,941 units with the Niro family of hybrid, PHEV and EV models posting best-ever May sales, up more than 28% over the previous record set in 2021. In addition, the first full month of deliveries of the all-new Sportage HEV charged ahead in May, with 2,417 units sold.

 

Sales of Kia's electrified models were up 132% over the previous May record set in 2021, and up 5% over the all-time monthly sales record for the vehicle category set in March.

 

Subaru

 

Subaru of America, Inc. (SOA) reported 42,526 vehicle sales for May 2022, a 24.8% decrease compared with May 2021 (56,558).

 

The automaker also reported year-to-date sales of 220,620, a 20.8% decrease compared with the same period in 2021.

 

Subaru continues to face inventory challenges as the result of microchip and supply chain issues affecting automakers across the globe.

 

Source: Mazda, Hyundai, Kia, Subaru