P&A Providers & Administrators
MenuMENU
SearchSEARCH

April Sales Up 2.1 Percent, KBB Estimates

May 2, 2012
3 min to read


IRVINE - Despite three fewer selling days in April, industry sales were up 2.1 percent compared to sales last year, or 14.8 percent after accounting for the three fewer days, Kelley Blue Book reported today.


With only a handful of manufacturers reporting so far, the vehicle information site said Chrysler and Toyota appear to be the early winners so far, while Ford and GM posted slight declines for the month. Chrysler sales jumped more than 20 percent due in large part to a 61 percent gain in sales of the 200, a 47 percent jump for Avenger, and a 138 percent improvement in sales of the 300. This was the 25th consecutive month of year-over-year gains and the 11th consecutive month that Chrysler was able to post gains in excess of 20 percent.

Ad Loading...


“Although Chrysler has posted a dramatic turnaround, some of its success in the last few months can be attributed to heavy incentive support for many of the brand’s high-selling models,” said Alec Gutierrez, senior market analyst for Kelley Blue Book. “Chrysler’s 200 and Avenger currently are available with more than $3,000 in cash rebates, and the larger 300 is eligible with an ample $2,000 cash rebate.”


But Chrysler cannot rely on incentives to continue to drive sales indefinitely, Gutierrez noted, as the brand will need to keep its product line fresh to remain competitive. The Dodge Dart, set to hit showrooms in June, should help keep Chrysler’s momentum going forward, although with gas prices moving downward, Chrysler may have missed an opportunity for a strong launch out of the gate.


As for Toyota, which was expected to release results later today, KBB said it expect to see strong performances from the Prius family, Corolla and Yaris. “Consumers shopping for a fuel-efficient vehicle have received very little in the way of incentive support,” Gutierrez said. “Aside from low financing offers and a handful of lease deals, there has been very little in the way of cash rebates or significant discounts.”


As fuel prices ease in the months ahead, consumers can expect more deals as manufacturers battle for market share in an increasingly crowded segment.


Sales of fuel-efficient models continued to bolster sales growth in April, but now that gas prices have peaked for the year, demand likely will taper off, KBB said. In April, sales of the Ford Focus were up 12.5 percent, and the Fiat 500 was up 336 percent after its strongest month to date. The Chevrolet Sonic was up 38 percent over sales of the Aveo last year.

Ad Loading...


“In the way of fuel-efficient vehicles, through the rest of 2012, consumers will be able to choose between the all-new or redesigned Sonic, Fiesta, 500, Prius c, Cruze, Dart, Focus, Civic, Jetta and Elantra, just to name a few,” Gutierrez noted. “Each of these vehicles are significantly improved over the econo-box compacts of the last decade and as gas prices continue to moderate, manufacturers will need to be creative to stand out from pack.”

More Industry

Subwoofer in trunk of car.
Industryby Lauren LawrenceMay 26, 2026

Ownership Priorities are Shifting

A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.

Read More →
Man's hand holding gas pump in fuel tank of white car
Industryby Hannah MitchellMay 26, 2026

Pump Price Jump Calculated

ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.

Read More →
Graphic showing previous week's truck and SUV segment prices
Industryby StaffMay 20, 2026

Black Book: Weekly Market Update

Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.

Read More →
Ad Loading...
Photo of dealership sign with Toyota logo
Industryby Lauren LawrenceMay 19, 2026

Arkansas Auto Group Acquires First Indiana Rooftop

Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.

Read More →
Headshot photo of Antonio Filosa, Stellantis CEO
Industryby Hannah MitchellMay 19, 2026

Stellantis to Dive Into U.S. Lending

The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.

Read More →
Photo of the rear of a new BMW iX SUV
Industryby Hannah MitchellMay 12, 2026

New-Vehicle Prices Rise

With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.

Read More →
Ad Loading...
Graphic of car segments' results the previous week
Industryby StaffMay 12, 2026

Black Book: Weekly Market Update

Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.

Read More →
Graphic of last week's estimated used retail days to turn
Industryby StaffMay 6, 2026

Black Book: Weekly Market Update

Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.

Read More →
cargo ship with vehicles, at dock
Industryby Lauren LawrenceMay 5, 2026

EU Auto Association Urges Action

Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.

Read More →
Ad Loading...
two people working on a paper contract together
IndustryMay 1, 2026

Driving into the Super CFC Era

Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.

Read More →