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Honda Civic Tops November Sales in the Compact Car Segment

2612 Views 8 Replies 7 Participants Last post by  Smartie
The Honda Civic has come out of the gate strong with its November sales beating out all its segment competitors. Compared to last year, Civic sales are up 8.6% compared to November 2014 with a total of 25,050 units sold during the month.

Rounding out the top three are the Toyota Corolla and the Hyundai Elantra

I've attached the full chart to this post.

http://www.tflcar.com/2015/12/honda-civic-nissan-versa-lead-compact-and-subcompact-car-sales/

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Great year for a end of generation design. Looking forward to the 10th gen. sales numbers.
November numbers are skewed because they were practically giving away 2015s
November numbers are skewed because they were practically giving away 2015s
Hadn't really considered that. I guess I just automatically thought this would be numbers for the new model, but you are right old models are also included in this.
Hadn't really considered that. I guess I just automatically thought this would be numbers for the new model, but you are right old models are also included in this.
Yes, but considering that Honda does not offer any incentives when compared to Ford, Nissan and Toyota, for example, this is great. And even so, they still discounted less than every one else. Check this out below:

"Incentives" include the cash-back and cheap-financing offers that are often heavily advertised on TV and online. They're funded by the automakers, and they cut directly into profits.

That doesn't automatically make them bad: Customers have come to expect some level of incentives (or put another way, everybody likes to get a "great deal" on a new car). A vehicle's pricing will generally take some level of incentives into consideration. (That's especially true on pickup trucks, where four-figure discounts are just part of doing business.)

But the difference here is pretty dramatic. According to estimates from TrueCar, Nissan paid out a whopping $3,577 per sale in incentives last month. That's far above the payouts from both Toyota and Honda. In fact, it's more typical of levels seen from the Detroit automakers. (Their average incentives are generally high because all three sell lots of pickups.)

But Toyota also gave its incentives a boost last month, with a package that included "zero-percent" financing on its top-selling Camry sedan. TrueCar estimates that Toyota's average payout was $2,204 in November. That's far behind Nissan's, but it's up almost 14% from what Toyota was paying a year ago.

Meanwhile, Honda paid out a relatively meager $1,931, down 6.3% from a year ago, according to TrueCar estimates. But it may have had two good reasons for its relative stinginess.


The truth is this, if every compact car sold for the same price, and you excluded all fleet sales (sales to rental companies, taxis, etc, which Honda does not take a part in), it would not even be close. Honda would not be able to keep up with demand.
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Check out the Subaru Impreza, up 90.2 %! What could account for that?

And that Versa is kind of, er, "challenging" to my eyes. Why does it always sell better than the FIT? I can never understand that.

Disclaimer: I own a (much) earlier model Impreza. But I am becoming a huge 10 gen Civic fan.
Success is usually measured in the volume of cars sold, but really it should be on profit. if you sell less cars, but make more money off them because of higher margins and less incentives, you are winning.
Success is usually measured in the volume of cars sold, but really it should be on profit. if you sell less cars, but make more money off them because of higher margins and less incentives, you are winning.
no you are not, lower margin from more volume doesn't mean you've made less profit.

and the majority of the market buys on popularity so to speak. The Camry sells so well because the Camry is everywhere it's presence reinforces its popularity or something like that.
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