NEW YORK, Dec. 12, 2019 /PRNewswire/ -- December tends
to be the biggest month for car sales, but some brands sell far
more than the industry average. Whether people are buying it
for themselves or as a gift for another, the most notable brands
include the Ford F-series and Chevrolet's Silverado.
ValuePenguin examined U.S. automobile sales data from 2015
through 2018 of 29 auto and light truck makes. Brands were limited
to the 29 with at least 50,000 units sold in the U.S in calendar
year 2018. Tesla was one of these 29 brands but excluded from
analysis given its rapid sales growth in recent years.
Top Five Car Brands For the Holidays
- Ford: Making up 13.6% of all sales for our sample
brands, Ford is the top-selling brand in the most busy car sales
month of the year. Ford sold an average of 222,534 vehicles in
December alone in the most recent three-year period.
- Chevrolet: Chevrolet sold 202,852 vehicles on average
during the last four Decembers. That's good for a 12.4% share of
our sample brands. The top-selling Chevrolet model is the
Silverado, another pickup truck.
- Toyota: Toyota is the biggest foreign brand for December
sales. It has sold an average of 191,602 cars over the past several
Decembers, and sales are led by the RAV4, a leading compact
crossover SUV.
- Honda: Honda comes in a distant fourth for holiday car
sales. It has sold 137,499 per December on average, about 50,000
behind fellow Japanese multinational Toyota. The biggest Honda
seller is the CR-V, another compact SUV.
- Nissan: Nissan averaged 127,814 sales in December during
the past four years. That makes up 7.8% of total sales for our
sample brands. Its top product is the Nissan Rogue, meaning that of
the five most popular December brands, two of the leading models
are pickup trucks while three are crossover compact SUVs.
The holidays provide car owners the opportunity to save big when
it comes to buying new vehicles. Many dealerships are looking to
meet sales goals and clear inventory which means highest average of
discounts and low APR financing. The best time to save big? After
Christmas day.
To view the full report, visit:
https://www.valuepenguin.com/auto-insurance/top-brands-holidays
About ValuePenguin.com: ValuePenguin.com, part of
LendingTree (NASDAQ: TREE), is a personal finance website that
conducts in-depth research and provides objective analysis to help
guide consumers to the best financial decisions. ValuePenguin
focuses on value, assessing whether the return of a particular
decision is worth the cost or risk of that option, and how this
stacks up with the other possible choices they may have. For more
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Media Contact:
Nadia
Gonzalez (Ms.)
(704) 943-8034
Nadia.Gonzalez@lendingtree.com
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SOURCE ValuePenguin.com