Toyota mentioned it had 134,361 automobiles and lights vehicles in U.S. seller stock, at ports or in transit on the shut of February, up barely from 130,315 on the finish of January and 110,674 a 12 months in the past.
Honda Motor Co. reported a 1.4 % decline in February outcomes, with the Honda division down 3 % however Acura quantity rising 12 %, its second straight month-to-month achieve.
Three of the Honda model’s 5 largest sellers posted double-digit declines final month: Accord, down 18 %; CR-V, up 5.9 %; Pilot, down 11 %; Civic, up 2.3 %; and HR-V, down 37 %.
A Honda spokesman mentioned the corporate ended February with roughly 33,000 automobiles and light-weight vehicles on the bottom, or only a 12-day provide.
Honda mentioned gross sales of a number of redesigned core fashions — CR-V, Accord and Pilot — are nonetheless briefly constrained by provide and logistics, with autos now heading to sellers with an anticipated increase to March deliveries.
Deliveries at Hyundai final month rose 8.8 % to 57,044, a February report, the corporate mentioned, with retail gross sales rising 1 % to 52,932, and fleet accounting for 7.2 % of general quantity, or 4,112 models.
Hyundai mentioned Wednesday it ended February with 54,156 autos in U.S. stock, up 20 % from 45,158 on the shut of January and 190 % from 18,621 a 12 months earlier.
“We’ve got really good momentum in a very, very challenging year,” said Randy Parker, CEO of Hyundai Motor America. “We’re not quite back to normalcy at this point in time. Our strategy is to continue to focus on retail and support our dealer partners, but as production continues to improve, we will support our fleet channel.”
Volume rose 24 % to a February report of 60,859 at Kia, with main features for the Forte, Sportage, Sorento, Telluride and Carnival.
Eric Watson, vp of gross sales operations at Kia America, mentioned rising manufacturing and stock ranges are permitting the automaker to “fully capitalize” on demand.
Source: www.autonews.com