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June 2019 sales: a flatter month after May's uptick as domestic OEMs check in [Updated]

June 2019 sales: a flatter month after May's uptick as domestic OEMs check in [Updated]

FCA, Ford and GM will all officially be on a quarterly sales reporting schedule after June.

Analysts predicted a slowdown in June after a relatively strong May performance from the U.S. auto industry. Despite the best efforts of FCA and Hyundai, it appears the bean counters had the right idea.

[NOTE: Tesla figures are tentative until global delivery figures are broken down.]

We'll start with Detroit, as we often do. June represents the end of the second financial quarter, which means we're treated to GM sales updates.

We'll start with the good news. GMC is the only brand under the GM umbrella currently ahead of its 2018 performance. Sierra 1500 is pretty much flat (up only half a percent compared to last year) while Sierra HD, still likely in production ramp-up, is off more than 14 percent. Both were down slightly in Q2.

Elsewhere, GM's sales are fairly stagnant. SUV and CUV models were the highlights, which should be no surprise. Buick Enclave and Envision both had strong upticks this quarter, as did Chevy Equinox, Suburban and Tahoe. Spark looked quite good on paper (up 62 percent), but its bump was largely thanks to is comparatively low volume.

The big story is Silverado, which continues to slump. While Q2 was kinder to all three variants (the new medium-duty commercial model is now on sale), than Q1, it was still a down quarter. At 256,777 units, it's still lagging the competition significantly. Even adding in GMC's full-size truck volume only gets the figure up to just under 355,000. Which brings us to FCA...

We mentioned above that June was kind to Fiat-Chrysler, and Ram was the reason why. The truck and van lineup was up a whopping 45% in June. The full-size pickup lineup has accounted for just a tick under 300,000 sales so far in 2019--a 28% bump. For context, given GM's slips and Ram's ascendancy, Ram could finish within 40,000 units of GM's total combined full-size sales.

Ford's sales figures are generally unsurprising. The volume brand is down just over three percent so far for the year, while Lincoln is up just a bit (1.3%). F-Series sales landed just below 450,000 units at the end of Q2, which puts Ford comfortably ahead of GM and FCA in the full-size department for the time being, however despite a strong Q2, the F-Series is actually off slightly compared to 2018 volumes.

On the midsize side of the truck scene, Toyota still comfortably leads the pack, with more than 120,000 Tacomas sold so far in 2019. Chevy has sold roughly half as many Colorados, keeping GM comfortably in second place (Canyon's contribution is far less significant). Ranger's numbers remain uninspiring, with just over 30,000 units sold so far. While Q2 numbers were double that of Q1, that's not saying much.

Nissan still shows no sign of a serious recovery with another double-digit slide in June. Toyota was off slightly (as was Lexus, at basically the same pace). We now have Honda, Hyundai/Kia and Subaru numbers. It should come as no surprise that Subaru kept on trucking in June and is still up more than five percent for the year.

Hyundai posted a bump (as did Genesis--a big one, in fact--as its dealer network has started to come on-line) and Kia's sales are flat. Telluride is stemming the flow of buyers who would otherwise have looked at other showrooms.

Honda had an uncharacteristically bad June; there's no other way to put it. Acura, which had been chugging along nigh-unstoppable this year, seems to have finally hit a wall. Honda likewise took a pretty big hit, especially as volume brands go. Accord continues to take a beating (down 18% in June) and on the Acura side, RDX had its first lukewarm month in quite some time (down 30%).

Moving farther upmarket, Audi finally seems to have stopped the bleeding. While the VW subsidiary wasn't up, its numbers were nearly dead-flat against last June's (down only 0.3 percent).

June, 2019

2019 YTD

*Automotive News estimate

**GM no longer reports monthly sales figures

***Excludes Mercedes-Benz Vans

Leftlane estimate

All figures represent direct year-to-year volume changes, not adjusted for selling days.