L.A. car sales sag

So much for any cash-for-clunkers after-glow. The September numbers for the L.A. area are quite bad - overall new vehicle registrations fell almost 18 percent from the same period a year earlier, with domestics down 24.7 percent, Japanese 15.6 percent, and European 26.4 percent. Korean makes were up sharply, but on a base of just 801 sales (all numbers courtesy of the Southland Motor Car Dealers Association). The local figures confirm earlier industry reports for the U.S. as a whole. As has been the case for most of the year, it's not whether an automaker did badly - it's the degree of bad.

--BMW -38.2%
--Chevrolet -22.9%
--Ford -9.7%
--Hummer -69.2%
--Lexus -33.1%
--Volkswagon -9.2%
--Toyota/Scion -8.9%
--Honda -7.1%

One amazing stat: Just three Saabs were sold in September in the L.A. area - perhaps a reflection of GM selling the brand to Sweden's Koenigsegg Group AB (with the help of Swedish loans guarantees).


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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