USA January 2024: Market edges up 4.5%, Toyota up 25.7%

Toyota RAV4 sales are up 54.9% year-on-year in January.

U.S. new light vehicle sales are estimated to grow 4.5% year-on-year in January to 1.09 million units, translating into a SAAR of 15.2 million according to Cox Automotive. This is to be compared with 15.8 million in December and could be a sign of things to come in 2024 with subdued growth. Among groups still reporting monthly figures, Toyota Motor Corporation surges 23.3% whereas Ford Motor matches the market at +4.5% and Hyundai-Kia drops -4.6%. American Honda returns a strong 10.3% year-on-year increase. Brand-wise, Ford (+4%) is above Toyota (+25.7%), with Honda (+12.7%) robust. Kia (-1.7%) and Hyundai (-8.6%) both struggle, Subaru (+0.3%) is flat while Mazda (+31.8%), Volvo (+24.6%) and Lincoln (+20.3%) shine.

Model-wise, still among those with available monthly figures, the Ford F-Series (-11.5%) pants. In contrast, the Toyota RAV4 (+54.9%), Honda CR-V (+31.6%) and Toyota Camry (+31.5%) surge ahead. The Ford Maverick (+98.4%) is well above its competitor the Toyota Tacoma (-54%), with the Honda HR-V (+49.2%), Ford Transit (+40.1%), Ford Escape (+38.2%) and Toyota Corolla (+35.6%) all impressive.

Previous post: USA Full Year 2023: Market up 12.3%, Ford F-Series #1 for 42nd straight year, Tesla Model Y up to #5

One year ago: USA January 2023: Market up 5.4%, Ford passes Toyota

Full January 2024 sales for selected groups, brands and models below.

Note: The rankings only feature the manufacturers still reporting monthly sales.

USA January 2024 – groups:

Group Jan-24 /23
Toyota Motor Corporation 165,753 + 23.3%
Ford Motor Co 151,880 + 4.7%
Hyundai-Kia 102,903 – 4.6%
American Honda 93,210 + 10.3%
Subaru 44,510 + 0.3%
Mazda 30,279 + 31.8%
Volvo Cars 9,586 + 24.6%

USA January 2024 – brands:

Brand Jan-24 /23
Ford 144,895 + 4.0%
Toyota 143,241 + 25.7%
Honda 84,574 + 12.7%
Kia 51,091 – 1.7%
Hyundai 47,543 – 8.6%
Subaru 44,510 + 0.3%
Mazda 30,279 + 31.8%
Lexus 22,512 + 10.1%
Volvo 9,586 + 24.6%
Acura 8,636 – 9.0%
Lincoln 6,985 + 20.3%
Genesis 4,269 + 9.3%

USA January 2024 – models:

Model Jan-24 /23
Ford F-Series 48,702 – 11.5%
Toyota RAV4 36,273 + 54.9%
Honda CR-V 26,352 + 31.6%
Toyota Camry 22,061 + 31.5%
Ford Explorer 18,835 + 20.6%
Toyota Corolla 17,689 + 35.6%
Honda Civic 16,449 + 23.6%
Ford Transit 14,191 + 40.1%
Subaru Forester 12,619 + 24.8%
Ford Maverick 12,443 + 98.4%
Honda Accord   12,025 – 18.4%
Honda HR-V 11,956 + 49.2%
Subaru Crosstrek 11,325 – 10.9%
Subaru Outback 11,300 + 8.5%
Hyundai Tucson 11,116 – 7.6%
Ford Escape 10,889 + 38.2%
Mazda CX-5 10,194 + 3.7%
Toyota 4Runner 10,104 + 27.2%
Toyota Highlander 10,004 – 29.9%
Kia Sportage 9,994 + 16.2%
Ford Bronco Sport 9,821 + 4.1%
Toyota Tundra 9,631 + 48.8%
Kia Forte 8,977 + 9.6%
Toyota Tacoma 8,203 – 54.0%
Mazda CX-30 7,773 + 53.5%
Honda Pilot 7,687 + 10.6%
Hyundai Palisade 7,638 + 14.3%
Ford Bronco 7,427 – 27.0%
Ford Edge 7,402 + 49.0%
Lexus RX 7,016 – 11.8%
Kia Telluride 6,916 – 8.8%
Hyundai Elantra 6,900 – 20.3%
Toyota Grand Highlander 6,581 new
Hyundai Kona 6,577 + 12.9%
Hyundai Santa Fe 6,021 – 17.5%
Kia Sorento 6,020 – 4.0%
Mazda CX-50 5,733 + 121.4%
Toyota Corolla Cross 5,575 + 70.0%
Ford Expedition 5,466 – 4.0%
Toyota Sienna 5,138 + 105.0%
Lexus NX 5,079 – 0.3%
Toyota Prius 4,707 + 89.3%
Honda Odyssey 4,556 – 18.8%
Kia Seltos 4,000 + 0.2%
Ford Mustang 3,771 – 5.8%
Subaru Ascent 3,718 – 18.9%
Honda Ridgeline 3,350 + 6.0%
Mazda CX-90 3,310 new
Kia K5 3,288 – 2.4%
Kia Soul 3,271 – 32.5%
Hyundai Sonata 3,121 – 36.0%
Acura MDX 3,111 – 30.2%
Ford E-Series 3,080 + 8.1%
Kia Carnival 3,013 + 81.3%
Volvo XC90 2,973 + 18.4%
Volvo XC60 2,957 + 17.6%
Lexus TX 2,911 new
Mazda3 2,880 + 82.6%
Acura RDX 2,777 + 50.3%
Hyundai Santa Cruz 2,487 – 4.9%
Subaru Impreza 2,265 – 7.6%
Honda Passport 2,199 – 31.5%
Toyota Venza 2,189 – 24.2%
Toyota Crown 2,165 new
Lexus ES 2,112 – 4.0%
Volvo XC40 2,096 + 27.7%
Kia Niro 2,062 – 44.5%
Lincoln Corsair 2,056 + 27.1%
Lincoln Nautilus 2,034 + 26.5%
Lexus GX 1,926 – 8.1%
Acura Integra 1,865 – 14.9%
Lincoln Aviator 1,859 + 58.3%
Toyota Sequoia 1,728 + 40.4%
Genesis GV70 1,585 + 13.1%
Subaru Legacy 1,492 + 17.6%
Hyundai Ioniq 5 1,465 – 5.4%
Hyundai Venue 1,435 – 41.2%
Kia EV9 1,408 new
Ford Mustang Mach E 1,295 – 50.7%
Ford Transit Connect 1,270 + 9.0%
Lexus IS 1,252 – 24.6%
Kia EV6 1,213 + 9.3%
Subaru WRX 1,172 – 41.6%
Genesis GV80 1,078 – 10.7%
Lincoln Navigator 1,036 – 26.5%
Genesis G70 986 + 22.6%
Kia Rio 929 – 57.5%
Acura TLX 883 – 10.8%
Volvo S60 834 + 133.0%
Hyundai Ioniq 6 760 new
Lexus UX 730 – 15.9%
Lexus LX 615 + 294.2%
Toyota bZ4X 513 + 12.0%
Volvo C40 491 + 68.2%
Toyota GR86 474 + 7.5%
Lexus RZ 393 new
Mazda MX-5 Miata 389 – 46.3%
Subaru Solterra 379 – 24.0%
Ford Ranger 303 – 89.4%
Genesis G80 252 – 2.7%
Subaru BRZ 250 – 24.7%
Lexus LS 212 + 20.5%
Volvo V60 204 + 23.6%
Genesis G90 202 + 92.4%
Genesis GV60 166 + 28.7%
Toyota Supra 161 – 47.6%
Lexus LC 149 + 30.7%
Volvo S90 118 – 31.4%
Lexus RC 117 – 2.5%
Toyota Mirai 44 – 80.2%
Volvo V90 40 + 0.0%
Hyundai Nexo 23 + 43.8%
Toyota Avalon 1 – 92.3%

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