Year-to-date CPO sales approach 1.5 million
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WOODCLIFF LAKE, N.J. –
Industry-wide certified pre-owned sales climbed 11 percent year-over-year in July, and one automaker (Fiat Chrysler Automobiles) had its best month ever.
That’s according to data and analysis released by Autodata Corp., which pinpointed the total industry CPO figure at 221,891 sales for the month.
Through seven months, year-to-date sales are just a shade under 1.5 million and ahead of last year’s pace by 12.3 percent, Autodata said.
The daily selling rate in July was 8,534, compared to 7,690 in July 2014.
Including the Fiat brand, FCA US had 16,710 CPO sales in July, a 31.4-percent increase from July 2014. Without Fiat, it had 16,622 CPO sales, a 31.7-percent gain.
Domestics, as a whole, moved 78,993 certified vehicles in July, beating year-ago figures by 14.1 percent. Through seven months, they have sold 552,437 units (up 18.3 percent).
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Asian brands sold 104,555 certified vehicles in July (up 9.5 percent) and their year-to-date figures at are 684,778 units (up 8.1 percent).
European brand CPO sales reached 38,343 units in July (up 8.8 percent), with seven-month sales at 260,148 units (up 11.7 percent).
