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Ford (+22.8%), Kia (+23.7%), Volvo (+36.4%) shine in market up 8.7% – Greatest Promoting Vehicles Weblog


Ford Maverick sales are up 89.4% year-on-year in February.

Based on data by TD Ecomonics, the US new light vehicle market gains 8.7% year-on-year to 1.14 million units as supply shortages thaw. This leads to 2.18 million sales over the first two months of the year, up 5.3% over the same period in 2022. The Seasonally Adjusted Annualised sales Rate (SAAR) is up 5.3% year-on-year to 14.9 million vs. 14.15 million in February 2022, 15.9 million in February 2021 and 17.04 million in February 2020, so we are still way below pre-pandemic levels. The average daily selling rate stands at 47,347 vs, 43,568 in February 2022. For once passenger car sales are up year-on-year at +4.6% but light trucks continue to be ultra dominant at +9.7% and an overwhelming 80% market share vs. 79% in February 2022.

Looking at automotive groups that still report monthly, Toyota Motor (-2.4%) is back above Ford Motor (+22%) for just 2,332 sales but declines year-on-year. Hyundai-Kia (+16.2%) is very strong while American Honda (-1.4%) edges down. Brand-wise, Ford (+22.8%) stays above Toyota (-3.6%) with Honda (-3%) lukewarm and Kia (+23.7%) outstanding. Hyundai (+8.8%) matches the market as does Mazda (+8.8%). Below, Volvo (+36.4%) and Acura (+11.9%) shine.

Among models with monthly sales data available, the Ford F-Series (+21.5%) showcases splendid health and ends the month just below 55,000 sales. In contrast the Toyota RAV4 (-12.7%) is weak this month. The Toyota Camry (+55.3%) defies the wobbliness of passenger car sales while the Ford Explorer (+100.4%) shoots up. The Ford Bronco (+112%), Transit (+146.3%), Kia Sportage (+276.2%), Mazda CX-30 (+85.2%), Ford Maverick (+89.4%) and Expedition (+124.3%) stun with spectacular year-on-year upticks. The Toyota Crown and Mazda CX-90 make their first appearance in the charts.

Previous month: USA January 2023: Market up 5.4%, Ford passes Toyota

One year ago: USA February 2022: Hyundai (+8.5%), Mazda (+8.3%), Genesis (+45%) ignore market down -10%

Full February 2023 data for selected groups, brands and models below.

USA February 2023 – groups:

Group Feb-23 /22 2023 /22 FY22
Toyota Motor Corporation 158,709 -2.4% 293,101 -8.5% 2
Ford Motor Co 156,377 22.0% 301,447 11.4% 3
Hyundai-Kia 122,111 16.2% 230,000 15.5% 5
American Honda 83,247 -1.4% 167,761 5.9% 6
Subaru 45,790 2.1% 90,163 1.3% 9
Mazda 30,639 8.8% 53,606 8.9% 13
Volvo Cars 8,560 36.4% 16,253 21.9% 14

USA February 2023 – brands:

Brand Feb-23 /22 2023 /22 FY22
Ford 150,218 22.8% 289,480 11.8% 2
Toyota 137,254 -3.6% 251,207 -10.1% 1
Honda 72,839 -3.0% 147,865 3.2% 4
Kia 60,859 23.7% 112,842 23.1% 6
Hyundai 57,044 8.8% 109,045 8.7% 5
Subaru 45,790 2.1% 90,163 1.3% 9
Mazda 30,639 8.8% 53,606 8.9% 16
Lexus 21,455 6.1% 41,894 2.6% 17
Acura 10,408 11.9% 19,896 32.5% 23
Volvo 8,560 36.4% 16,253 21.9% 24
Lincoln 6,159 4.0% 11,967 2.6% 26
Genesis 4,208 20.9% 8,113 13.9% 29

USA February 2023 – models:

Model Feb-23 /22 2023 /22 FY22
Ford F-Series 54,995 21.5% 109,996 14.8% 1
Toyota RAV4 30,027 -12.7% 53,446 -16.3% 4
Toyota Camry 24,253 55.3% 41,027 16.3% 5
Ford Explorer 19,174 100.4% 34,791 34.7% 14
Toyota Highlander 18,821 -18.0% 33,085 -17.5% 11
Toyota Tacoma 17,058 5.4% 34,909 10.9% 8
Toyota Corolla 16,398 7.7% 29,447 -3.7% 12
Honda CR-V 16,126 5.9% 36,157 26.3% 7
Subaru Crosstrek 14,816 2.3% 27,522 14.7% 19
Honda Civic 14,812 2.3% 28,125 0.2% 25
Hyundai Tucson 14,031 8.5% 26,059 0.2% 18
Mazda CX-5 12,282 -25.1% 22,115 -23.8% 21
Ford Bronco 12,113 112.0% 22,283 61.3% 30
Honda Accord   11,509 -17.6% 26,246 7.6% 20
Ford Transit 11,208 146.3% 21,337 125.2% 40
Kia Forte 10,445 28.3% 18,635 34.2% 34
Hyundai Elantra 10,371 52.8% 19,026 60.3% 29
Toyota Tundra 10,320 53.3% 16,793 43.7% 36
Kia Sportage 10,117 276.2% 18,719 115.6% 26
Subaru Forester 10,030 -10.9% 20,144 -18.7% 33
Subaru Outback 9,108 5.5% 19,522 1.9% 22
Kia Telluride 9,023 18.4% 16,605 15.2% 37
Ford Bronco Sport 8,908 -13.4% 18,346 11.1% 39
Lexus RX 8,646 -4.4% 16,603 -2.6% 43
Honda HR-V 8,371 -37.2% 16,384 -38.9% 32
Mazda CX-30 8,026 85.2% 13,091 112.8% 82
Hyundai Santa Fe 7,993 -1.4% 15,290 -1.1% 28
Ford Maverick 7,648 89.4% 13,920 31.9% 57
Honda Pilot 7,271 -10.9% 14,221 -6.2% 38
Kia Sorento 7,012 26.6% 13,280 13.6% 47
Ford Expedition 6,899 124.3% 12,592 61.4% 67
Hyundai Palisade 6,742 -9.0% 13,426 -2.3% 50
Ford Edge 6,513 -7.1% 11,482 -20.1% 49
Ford Escape 6,447 -44.9% 14,325 -42.3% 24
Honda Odyssey 6,262 77.0% 11,871 90.3% 86
Hyundai Kona 6,080 32.4% 11,906 25.6% 63
Toyota 4Runner 5,684 -50.4% 13,629 -44.7% 27
Toyota Corolla Cross 5,240 64.1% 8,519 34.2% 74
Kia Soul 5,233 3.4% 10,077 12.6% 72
Kia K5 5,146 -21.5% 8,514 -31.1% 60
Ford Mustang 4,959 5.5% 8,963 -13.6% 87
Acura MDX 4,692 8.3% 9,147 27.9% 88
Lexus NX 4,662 63.2% 9,755 61.2% 85
Honda Ridgeline 4,649 87.5% 7,810 33.8% 91
Subaru Ascent 4,406 -15.0% 8,988 -15.6% 64
Hyundai Sonata 4,307 41.8% 9,180 52.3% 76
Ford Ranger 3,962 -35.3% 6,833 -39.9% 73
Honda Passport 3,839 15.8% 7,051 0.7% 93
Kia Seltos 3,744 -6.0% 7,738 25.4% 89
Mazda CX-9 3,515 -7.6% 6,685 5.9% 104
Ford E-Series 3,514 16.2% 6,362 22.3% 110
Kia Niro 3,378 12.3% 7,091 34.8% 118
Mazda CX-50 3,165 new 5,754 new 143
Hyundai Santa Cruz 2,868 9.0% 5,482 0.6% 101
Mazda3 2,846 -4.1% 4,423 -31.3% 121
Toyota Sienna 2,745 -54.9% 5,251 -60.3% 58
Volvo XC60 2,738 35.5% 5,253 12.1% 103
Lexus ES 2,712 -17.4% 4,911 -21.1% 92
Subaru WRX 2,598 8280.6% 4,604 1137.6% 156
Subaru Impreza 2,591 -26.4% 5,042 -21.9% 111
Volvo XC90 2,546 43.8% 5,056 31.0% 106
Hyundai Venue 2,537 16.6% 4,978 11.5% 126
Acura Integra 2,503 new 4,694 new 178
Kia Carnival 2,460 85.2% 4,122 72.7% 152
Toyota Venza 2,419 -35.3% 5,307 -35.3% 107
Kia Rio 2,385 16.6% 4,569 24.2% 127
Volvo XC40 2,178 42.4% 3,819 59.7% 157
Acura RDX 2,090 -23.6% 3,938 -9.8% 134
Hyundai Ioniq 5 2,074 -18.8% 3,622 2.2% 138
Lincoln Aviator 1,821 -0.8% 2,995 -5.0% 140
Lexus GX 1,803 -21.9% 3,898 -23.8% 116
Ford Mustang Mach E 1,783 -10.9% 4,409 0.9% 96
Genesis GV70 1,762 29.8% 3,163 25.4% 154
Lincoln Nautilus 1,735 13.9% 3,343 15.0% 147
Lexus IS 1,668 40.9% 3,329 15.1% 142
Subaru Legacy 1,526 7.7% 2,795 -3.9% 139
Ford Transit Connect 1,459 -31.3% 2,624 -22.3% 132
Lincoln Corsair 1,361 -37.9% 2,978 -30.9% 122
Toyota Sequoia 1,345 1193.3% 2,576 601.9% 225
Kia EV6 1,294 -39.1% 2,404 13.1% 149
Lincoln Navigator 1,242 231.2% 2,651 104.7% 176
Genesis GV80 1,241 51.0% 2,448 21.1% 160
Acura TLX 1,121 13.8% 2,111 74.6% 188
Lexus UX 1,074 15.9% 1,942 -10.8% 192
Toyota Prius 864 -71.9% 3,350 -49.6% 100
Mazda MX-5 Miata 783 40.8% 1,507 60.0% 219
Genesis G70 719 -19.7% 1,523 -3.4% 179
Ford Ecosport 624 -80.0% 1,199 -77.6% 117
Kia Stinger 622 -42.9% 1,088 -47.7% 205
Toyota 86/GR86 592 -36.0% 1,033 -54.2% 183
Toyota bZ4X 509 new 967 new 263
Volvo S60 463 -5.9% 821 -50.4% 217
Lexus LX 444 210.5% 600 66.7% 234
Subaru BRZ 368 5.4% 700 2.9% 236
Subaru Solterra 347 new 846 new 265
Toyota C-HR 345 -79.2% 691 -71.8% 181
Volvo C40 341 114.5% 633 169.4% 232
Toyota Supra 317 6.4% 624 -6.6% 228
Toyota Mirai 238 36.0% 460 48.9% 249
Genesis G80 204 -22.4% 463 -30.7% 230
Genesis GV60 171 new 300 new 256
Lexus LS 166 -17.0% 342 -15.1% 241
Lexus LC 152 6.3% 266 -8.0% 258
Volvo V60 140 40.0% 305 52.5% 260
Volvo S90 130 41.3% 302 67.8% 262
Lexus RC 128 -6.6% 248 -16.2% 242
Genesis G90 111 -23.4% 216 -34.9% 264
Toyota Crown 58 new 58 new  –
Hyundai Nexo 28 12.0% 44 -17.0% 274
Volvo V90 24 -56.4% 64 -47.1% 271
Mazda CX-90 20 new 20 new  –
Toyota Avalon 20 -96.3% 33 -97.7% 180
Ford GT 12 -36.8% 18 -21.7% 287
Hyundai Accent 12 -98.4% 28 -97.8% 159
Mazda MX-30 2 -95.7% 11 -86.1% 278
Acura ILX 1 -99.9% 2 -99.9% 216
Acura NSX 1 -95.2% 4 -81.0% 280
Hyundai Veloster 1 -99.4% 4 -98.4% 251
Toyota Land Cruiser 1 -80.0% 2 -88.2% 291

Source: Manufacturers

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