New car unit sales for May 2022 totaled 10,326. Since May 2021, the amount decreased by 2,360 units (-18.6%). Compared to May 2019, sales are up 16.5%. In the first five months of the year, sales are down -3.5% compared to the same five-month period from last year. Compared to the same period of 2019, sales are up 30.1%, according to Grupo Unido de Importadores de Autos (GUIA).
Analyzed by marker by country:
• Japanese brand sales decreased by -18% with the largest decreases from Honda which went down by -61.8%, Nissan by -51.8%, Acura by -45.4%, Subaru by -40% and the only increases with Lexussales going up by 17.1%, and Toyota by 4.7%.
• Korean brands decreased by -29.9%, with Kia having the largest decrease of -47.1%, Hyundai and Genesis both decreasing by 20%.
• US brands decreased by -5.7%. GM had the largest decrease with -33.6% and Ford saw a decrease in sales of -10.9%, and Chrysler increased by 5.9%.
• European brand sales decreased by -3.8%. Audi increased by 205.9%, Volvo by 52%, and BMW by 19.8%. Mini decreased by -88.1%, Land Rover by -71.9%, and Volkswagen by -48.2%.
The largest drop in sales was from SUV compact segment (-33.3%), followed by the SUV sub-compact segment (-28%), SUV medium (-21.9%), and Mini-Compact (-19.1%). On the contrary, the 2-door Sub Compact segment increased 30.7%, followed by the SUV medium premium segment (11%).
Top models sold in May:
- Tacoma pick-up
- Accent 4 dr