Movers and Losers: July 2011
Despite some pessimistic reporting earlier last month, July turned out to be a good recovery month for the auto industry. More than 1 million new vehicles were sold, and sales were up 4.7% from a year ago. Despite the rosy sales figures, the average time it took a model to sell increased slightly in July to 58.8 days from June's 58 days.
This month’s Movers and Losers list shows that many of the fastest-selling vehicles once again come from Hyundai. The 2012 Hyundai Elantra remained one of the fastest-selling volume vehicles in July, taking just six days to sell. You could say everything at Hyundai is a fast-seller: The 2012 Sonata and Tucson also took six days to sell. The new 2012 Hyundai Accent sedan (10 days) and hatchback (seven days) also sold like hotcakes. Overall, the Tucson, Accent, Sonata and Elantra represent roughly 80% of Hyundai’s sales for the month.
This month’s Losers list includes the addition of two hybrids — the 2011 Mercedes-Benz S400 Hybrid (159 days) and 2011 Chevrolet Tahoe Hybrid (150 days). The Toyota Yaris sedan (165 days) also merged on to the slow lane, though that model is due to be replaced.




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