Tag Archives: June

June’s Top Selling Cars: Trucks, Compact Leading the Pack

Anyone paying attention to car sales in 2012 knows that June was a spectacular month, continuing the upward trend set in the spring. Everyone is asking what is causing these high sales and renewed interest in getting back on the road. Personally, I think the best way to find out why people are buying new cars is to look at the type of cars they are buying. Below, we have listed the top 10 selling cars in June with #1 selling over 55,000 units and #10 selling slightly under 24,000.

  1. Ford F-Series pickups – 55,025 units
  2. Chevy Silverado – 33,566 units
  3. Toyota Camry – 32,107 units
  4. Chevy Malibu – 31,402 units
  5. Honda Accord – 28,924 units
  6. Ford Escape – 28,500 units
  7. Honda Civic – 27,500 units
  8. Toyota Corolla and Matrix – 26,647 units
  9. Ford Fusion – 24,433 units
  10. Ram pickups – 23,951 units

Some people are pointing to the Ford F-Series pickups and Chevy Silverado topping the list and saying that car buyers are looking for a fun summer car for camping or just getting outdoors for the day. Even though trucks took the top two spots, though, compact cars dominated the overall top ten list in June with those top compact cars selling 171,013 units. Only one SUV or crossover made the list which could be due to high gas prices, but considering that trucks are selling just fine, it might be that car buyers just aren’t looking at SUVs and crossover vehicles.

What do you think of the top 10 list? Are there any cars on the list that surprise you? Leave a comment below, and tell us what you think!

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Image: FreeDigitalPhotos.net

June Sales Defy Commentators, Continue to Grow

All through the month of June, car news and commentary was saturated with talking heads claiming that auto sales would see a downturn this month, and the soaring sales could not continue.

Needless to say, those commentators will be eating a mighty helping of crow this week as auto makers are reporting continued growth across the board. Chrysler had a 20 percent sales increase in June, making it their best June since 2007. General Motors saw a 16 percent increase, Ford had a 7 percent increase, and Toyota had a stunning 60 percent increase, coming back from the 2011 natural disasters in Japan.

The conditions are perfect for this trend to continue as the summer weather compels people to the road for vacation, convenience for work, or an old-fashioned drive in the country. Also, interest rates are dropping with an average of 4.5 percent interest rate on a 60-month new car loan, so more consumers can afford to drive.

Have you gotten into a new or used car yet? Approved Loan Store wants to help you get into a new car this summer! Fill out our secure online auto loan application here, and keep up with the latest auto and consumer news from Approved Loan Store by liking Approved Loan Store on Facebook, following Approved Loan Store on Twitter, and subscribing to Approved Loan Store on YouTube.

Image: FreeDigitalPhotos.net