The 10 Best Selling Vehicles of July
The big automakers have supplied the numbers, and 2014 continues to be a strong year for auto sales. Despite some turbulence in the market in the wake of the the General Motors (NYSE:GM) recalls, among other things, the summer months have continued to be a strong time of year for dealers, as customers came out and hit the lots in droves. According to the numbers that were crunched by the folks over at Cars.com, sales in July of this year showed an improvement of 9 percent over 2013.
July’s big winners, which saw sales increase by double-digit percentages, include Chrysler (FIATY.PK), Ford (NYSE:F), Nissan (NSANY.PK), and Toyota (NYSE:TM). GM was even able to weather the storm despite the recalls and post gains in the single digits, along with Hyundai-Kia.
Small cars took a hit overall, with declining sales of the Chevy Cruze, Honda Civic, and Hyundai Elantra. However, Ford’s Focus saw an increase of 5.7 percent from last year, outpacing the competition. SUVs, by contrast, had a strong month. Several models saw sales figures jump by double-digit percentage points, with a couple even landing in the top ten for this month. SUVs were moving so well, in fact, that the Jeep Wrangler saw its best month for sales ever.
An improved economy has analysts convinced 2014 will finish out strong for the world’s top automakers, and is the primary catalyst behind July’s strong numbers. Employment levels and consumer confidence have shown marked improvements since the beginning of the year, and stagnating new car prices have helped shoppers be able to afford a new vehicle.
Read on to see July’s top ten best selling cars, trucks, and SUVs.
10. Nissan Altima
Cracking the top ten for this July is the Nissan Altima — a sporty and sleek sedan that has become a fan favorite over the years. Nissan was able to move 26,654 off of its dealer’s lots, which actually was a dramatic drop of 9.8 percent from a year ago. However, the Altima is still ahead of where it was for the year-to-date, as overall, more than 203,000 new Altima units have been sold since the beginning of 2014. That is an increase of just under 3 percent from last year, and most likely a testament to the improved economic conditions in the U.S.
9. Toyota RAV-4
Toyota’s popular compact SUV had a particularly strong month in July. The RAV-4 saw an incredible leap in sales, with figures jumping 37.1 percent over a year ago, and maintaining a strong 19 percent in the year-to-date field. Across the country, 26,779 RAV-4 models left Toyota dealerships in July, and so far this year, just under 144,000 have moved in total. Sales could be expected to see even more increases as the year presses on, and customers start looking at vehicles that provide excellent capability in trickier weather conditions.
8. Honda CR-V
Continuing the trend of hot compact SUV sales, Honda’s CR-V was a hit for dealers in July, selling 28,522 units for a 4.8 percent gain from July 2013. For the year overall, more than 183,000 CR-Vs have been sold, also outpacing 2013 as a whole with an increase of 5.9 percent. The numbers indicate a trend toward American’s shifting tastes to smaller, more economical SUVs that offer the best of both worlds: incredible capability along with superior fuel economy to their bigger brothers.
7. Honda Civic
A longtime stalwart of the American driver, the Honda Civic took the seventh spot in July’s sales numbers. The Civic actually saw the biggest drop in sales from July of 2013, with a decline of 7.3 percent. Despite that drop, Honda dealers still sold more than 30,000 of them, making for more than 197,000 for the year overall. Year-over-year, sales are still up 3.1 percent from 2013. The Civic was a victim of the slight drop in sales numbers for smaller cars, possibly ceding some ground to the compact SUV market.
6. Toyota Corolla
Slightly outselling its nemesis in the Honda Civic, the Toyota Corolla was able to sneak past with sales of 30,833. That figure indicates a large 26 percent increase in sales over July 2013. For the year as a whole, Toyota dealers have been able to sell over 205,000 Corolla models so far this year, a near 12 percent increase over last year. The Corolla’s reputation among customers for being economical, stylish, and incredibly trustworthy has kept sales strong, and the recent redesign has reinvigorated the customer base, helping bring in more sales than last year.
5. Honda Accord
Outselling its smaller brother the Civic, Honda’s Accord was able to break into the top five best-sellers for July. Dealers saw customers drive off their lots as proud new owners a whopping 35,073 times last month. That’s an 11.3 percent jump over June’s numbers, and adds up to over 220,000 for the year so far, a small increase of 0.9 percent from 2013. In fact, only one other car model was able to outsell the Accord last month, as customers have taken to larger vehicles to satisfy their new vehicles cravings.
4. Ram 1500
The Ram 1500 saw sales jump by 13.8 percent over June’s figures, as dealers moved 35,621 trucks from its lots in July. Ram’s pickup line is having a huge year compared to 2013, with overall sales figures up 18.8 percent to date. As for the specifics, 239,481 Ram pickups have been sold so far this year. Behind those strong numbers, Ram has been able to go toe to toe with the other American truck heavyweights — Ford and Chevrolet. Customers are looking forward to a coming update in 2015, and a whole new redesign for the 2017 model line. As for now, the Ram is holding strong.
3. Toyota Camry
The Camry, another of Toyota’s best selling cars, was July’s best selling small vehicle. Zooming past the Corolla, Civic, and Accord in sales number, dealers sold 39,888 Camry units across the entirety of the month. The Camry is no stranger to the top five best sellers month-over-month, and despite that, Toyota’s sedan is still way ahead of 2013′s pace by 8.3 percent. So far across 2014, more than 262,000 Camrys have been sold. A redesign is coming next year, so Camry fans have even more to look forward to as the year goes on.
2. Chevrolet Silverado
The Chevy Silverado is still holding quite strong despite all the flack GM has been taking throughout the course of the year. Although Chevy’s pickups have not been the main target of the GM recalls, customers still have plenty of reasons to be wary. Regardless, the Silverado saw impressive sales, which are actually equal to June’s numbers. Dealers sold 42,097 trucks, for no statistical change. Year-over-year, sales have seen a decline of 0.7 percent from 2013, with just under 283,000 trucks sold so far.
1. Ford F-150
Far and away this month’s winner, the Ford F-150 is really living up to its title as the best selling vehicle in America. Ford’s pickup remains the class of the truck segment, posting incredible sales numbers that include more than 63,240 units sold. Dealers have come to count on the strong sales of the F-150, and last month came through in spades. In fact, last month’s sales outpaced 2013′s numbers by 4.6 percent. For the year as a whole, 429,065 trucks have been sold, a huge separation from Ram and Chevy models. Despite that, sales numbers from last year are only up 0.3 percent, but should keep pace as the summer goes on.