Hyundai gross sales rebound; Honda, Subaru, Toyota, Kia slip once more as chip scarcity drags on

Hyundai snapped a five-month dropping streak with a ten % achieve in January U.S. gross sales whereas quantity dropped for the sixth straight month at Toyota Motor Corp. and Kia because the microchip scarcity and different supply-chain disruptions proceed to upend business stockpiles. American Honda and Subaru of America additionally posted decrease gross sales.

Toyota Motor mentioned quantity dropped 5.1 % with deliveries down 6.4 % on the Toyota division, however rising 5 % at Lexus, ending 4 straight month-to-month declines on the luxurious model. General, Toyota Motor’s automobile gross sales dropped 9.6 % whereas gentle truck deliveries slipped 3 %.

4 of the Toyota’s model’s 5 largest sellers generated decrease final month: Corolla, down 20 %; Camry, off 9.7 %; RAV4, down 6.1 % and Tacoma, down 19 %. Highlander gross sales edged up 2.3 %.

Toyota Motor mentioned it ended January with a 19-day provide of vehicles and light-weight vans, or 123,686 models, with 18,345 in supplier inventory and 105,341 at ports.

American Honda mentioned total gross sales dropped 20 %, with Acura declining 33 % and Honda Division down 19 %. Acura automobile gross sales fell 45 % and vans had been down 28 %. Honda Division’s automobile gross sales fell 23 % with vans off 16 %.

Honda mentioned its provide state of affairs “stays fluid” however anticipates that “stock will enhance as February progresses.”

At Hyundai, retail deliveries rose 18 %, offsetting zero fleet shipments final month. The corporate set a January document with 47,872 deliveres largely behind 4 fashions — Venue, up 70 %; Tucson, up 64 %; Palisade, up 12 %; and Ioniq, up 51 % — that additionally posted document deliveries for the month.

Hyundai mentioned it ended the month with 18,060 vehicles and light-weight vans, down from 21,420 on the shut of December and 151,930 on the finish of Jan. 2021.

Subaru of America’s gross sales fell 4.8 %. 

Kia quantity slid 5.5 % to 42,488 totally on sharply weaker Soul, Seltos and Forte deliveries.

Gross sales dropped for the fifth consecutive month at Mazda with January quantity falling 17 % to 21,079.

Genesis racked up its 14th straight achieve with January gross sales rising 29 % to three,638 behind deliveries of the brand new GV70 crossover.