13% CPO Spike for Big 3
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WOODCLIFF LAKE, N.J. –
The Big 3 beat year-ago certified pre-owned sales by nearly 13 percent in July, and all continuous brands saw their numbers rise year-over-year, most by double-digit percentages.
That’s according to Autodata Corp.’s preliminary data set sent on Tuesday, which indicated that domestics moved 69,231 CPO units in July.
That was good for a 12.7-percent rise from July 2013, and put the year-to-date sum at 467,116 units, which is also up 12.7 percent.
The CPO programs at Ford moved a grand total of 23,000 units in July (up 15.3 percent) and have sold 154,958 cars year-to-date (up 18.1 percent).
For Lincoln, it was 2,213 certified sales in July and 14,575 sales throughout seven months.
There were 20,787 Ford/Lincoln CPO sales in July, and there have been 140,383 sales year-to-date.
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At General Motors, there were 31,847 sales of certified Buick, Chevrolet, GMC, Pontiac and Saturn vehicles in July (up 6.5 percent), and these same brands have combined for 217,651 CPO sales so far this year (up 8.0 percent).
(Sales for certified vehicles of the discontinued Pontiac, Hummer and Saturn brands were the only ones of the domestics not to increase).
There were 1,759 Cadillac CPO sales in July (up 22.7 percent) and 11,872 certified sales through seven months (up 9.1 percent).
At Chrysler Group, its brands combined to sell 12,625 CPO vehicles in July (up 24.4 percent) and 82,634 certified cars year-to-date (up 16.6 percent).
That does not include CPO sales for Fiat, which moved 89 certified units in July (up 161.8 percent) and 292 through seven months (up 79.1 percent).