16% Hike for European Brands; Asian Brands Pass 1M for Year
2012 Hyundai Sonata. Hyundai was one of at least two import brands to report a best-ever November for CPO sales.
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WOODCLIFF LAKE, N.J. –
Import automakers enjoyed solid months in the certified pre-owned market, as European brands increased their CPO sales by more than 16 percent in November while Asian brand sales climbed nearly 2 percent and pushed their year-to-date sum above 1 million, according to Autodata Corp.
European certified sales came in at 34,931 units for the month (up 16.1 percent year-over-year), with year-to-date sales at 377,688 (up 16.9 percent).
There were 88,106 CPO sales by Asian brands in November (up 1.7 percent), as year-to-date sales were a touch higher than 1 million (up 4.3 percent).
At least two import brands had their best Novembers for CPO sales: Volkswagen reported its strongest November with 7,827 sales (up 9.6 percent) as did Hyundai, which moved 8,138 CPO sales (up 33.0 percent).