William Maley

Over two years ago, hundreds of thousands of people put down $1,000 deposit to order their very own Tesla Model 3 with the hoping of getting it in 2018. Flash forward to now and a growing number of those have been asking for their money back. Second Measure, a company that analyzes billions of dollars in anonymized credit and debit card purchases to determine various trends said in a post today that 23 percent of reservation-holders have asked for a refund as of April, a noticeable increase from 12 percent last August. Contrast this with only 8 percent of holders that have configured a Model 3 for production. The remaining 69 percent is a mixture of those waiting for their turn to configure their vehicle and those who are waiting for a refund - numbers Tesla only knows. A Tesla spokesperson told Recode that their internal data "does not align" with Second Measure's data, but would not go into specifics into as to how far off. Tesla has been struggling with Model 3 production for some time, pushing back production targets several times. At the moment, Tesla is targeting "approximately 5,000 Model 3's per week in about two months." Source: Recode, Second Measure View full article

Let us wind the clock back to November 2016. We wrote a piece in the rumorpile saying that the next-generation Dodge Challenger and Charger had been pushed back to 2021. It was unclear as to why the models were being pushed back, but there was the interesting tidbit that they would be using the new Giorgio platform - what underpins the Alfa Romeo Giulia and Stelvio. But there may be a chance that the next-generation models could use a heavily upgraded version of the current platform which can trace its roots back to the 1990s from Mercedes-Benz. "We may not necessarily have to go as far as the Giorgio architecture for Dodge as long as we are willing to commit to a significant upgrade to the current architecture to make it competitive. That's something that's already started," said FCA Sergio Marchionne during last Friday's five-year presentation. "Certainly by the time we finish with that architecture, you will not recognize its origins. We may maintain its bare-bones structure." Obvious question: Why not Giorgio? "The problem with Giorgio is from size and capability standpoint it reflects much more of a European performance requirement than it does the American heritage of Dodge," said Marchionne. We read this one of two ways. Either the current incarnation of Giorgio cannot fit a HEMI V8 or is unable to handle the power output of high-performance versions like the Hellcat. As for the Chrysler 300, Marchionne hinted that it might not make a return. Source: Motor Authority View full article

Volvo Reports May Sales ROCKLEIGH, N.J. (June 1, 2018) - Volvo Car USA, LLC, (VCUSA) reported U.S. sales of 9,338 vehicles for the month of May, an increase of 50.6 percent from the same period last year. Year-to-date VCUSA has sold 37,754 vehicles, an increase of 40.9 percent from the previous year. The XC90 was the top seller for May with 3,074 sales recorded, followed directly by the XC60 and XC40. “May proved to be another strong month for Volvo Car USA led once again by our award-winning SUV line,” said Anders Gustafsson, President and CEO, Volvo Car USA. “Sales between our three SUV models XC90, XC60 and XC40 accounted for 76 percent of our monthly volume, with the new XC60 having it’s best month to date.” Models May 2018 May 2017 % Year To Date 2018 Year To Date 2017 % S60 535 1,055 -49.3 % 3,139 4,945 -36.5 % S60 CC 9 25 -64.0 % 131 85 54.1 % S80 0 0 - - 5 - S90 781 473 65.1 % 3,189 1,998 59.6 % V60 66 207 -68.1 % 659 1,169 -43.6 % V60 CC 572 332 72.3 % 1,798 1,118 60.8 % V90 46 1 4,500.0 % 128 1 12,700.0 % V90 CC 201 146 37.7 % 903 759 19.0 % XC40 1,105 0 100.0 % 3,588 0 100.0 % XC60 25 1,595 -98.4 % 229 7,377 -96.9 % XC60 II 2,924 0 100.0 % 11,245 0 100.0 % XC70 0 5 - - 65 - All-New XC90 3,074 2,363 30.1 % 12,745 9,280 37.3 % Total 9,338 6,202 50.6 % 37,754 26,802 40.9 % * I, II, III etc shows which generation the car model belongs to.

Subaru Of America, Inc. Reports Record May Sales Best May ever – monthly sales increase 7.2 percent over May 2017 78 consecutive months of yearly month-over-month growth Best May ever for Crosstrek and Outback Best month ever for Crosstrek 51 consecutive months of more than 10,000 Outbacks sold 58 consecutive months of more than 10,000 Foresters sold June 1, 2018 , CAMDEN, NJ - Subaru of America, Inc. today reported 60,146 vehicle sales for May 2018, a 7.2 percent increase over May 2017, and the best May in the history of the company. The company also reported year-to-date sales of 263,019 vehicles, a 4.1 percent gain over the same period in 2017. May marked the 51st consecutive month of 40,000+ vehicle sales for the company. Crosstrek and Outback sales were notably strong as each model achieved its best May ever. Crosstrek sales for May 2018 increased 74.4 percent over the same month in 2017 and marked the best month ever for the carline. Outback posted a nearly 10 percent increase, while WRX/STI posted 2.1 percent increase in May. “For the first time ever our sales for the month of May exceeded 60,000 vehicles and it is a tribute to our retailers who continue to establish monthly sales records despite the extreme competitiveness of the market,” said Thomas J. Doll, President and CEO of Subaru of America, Inc. “With positive press and consumer reaction to the all-new 3-row Ascent SUV, we expect even stronger demand as we enter the summer months.” “Sales of our all-new 2018 Crosstrek were up an impressive 74.4 percent in May and it enjoyed its best month ever, helping Subaru of America achieve its 78th consecutive month of sales gains,” said Jeff Walters, Senior Vice President of Sales. “2019 model year vehicles will start arriving in June and we expect that momentum to continue.” Carline May-18 May-17 % Chg May-18 May-17 % Chg MTD MTD MTD YTD YTD YTD Forester 14,530 16,280 -10.8% 65,313 72,517 -9.9% Impreza 7,843 8,546 -8.2% 30,130 35,168 -14.3% WRX/STI 2,859 2,801 2.1% 12,713 13,530 -6.0% Legacy 3,461 4,628 -25.2% 18,191 21,730 -16.3% Outback 16,702 15,193 9.9% 74,907 72,234 3.7% BRZ 364 437 -16.7% 1,650 1,868 -11.7% Crosstrek 14,387 8,250 74.4% 60,115 35,706 68.4% TOTAL 60,146 56,135 7.2% 263,019 252,753 4.1%

Mitsubishi Motors Records Best May Sales Month in 11 Years Total sales up 31.7 percent over last May Mitsubishi Motors North America, Inc. (MMNA) reported its best May sales month since 2007 with 12,416 units sold, up 31.7 percent compared to May 2017. For calendar year, total sales are 56,178 up 19.7 percent over the same period last year. Sales of the popular Mitsubishi Outlander were up 32.1 percent with 4,468 units sold, its best May ever. Outlander Sport sold 3,319 units, up 18.2 percent compared to May 2017. May YTD 2018 2017 2018 2017 Mirage 3101 2342 10702 11948 Lancer 380 896 2883 6949 Outlander Sport 3319 2809 19035 12361 Outlander 4468 3382 19833 15687 Outlander PHEV 297 0 1566 0 Eclipse Cross 851 0 2159 0 Total 12416 9429 56178 46951

Mercedes-Benz USA reports May sales of 26,976 units Jun 1, 2018 – ATLANTA: Mercedes-Benz USA (MBUSA) today reported May sales of 26,976 units, an increase of 0.3% from the 26,893 vehicles sold during the same time period last year. Mercedes- Benz Vans reported best-ever May sales of 3,101 units (up 1.1%) and smart reported 110 units, bringing MBUSA to a grand total of 30,187 vehicles for the month. On a year-to-date basis, Mercedes-Benz recorded sales of 132,657, adding 14,102 units for Vans and 524 vehicles for smart, MBUSA's year-to-date sales volume totaled 147,283. "May sales indicate summer sales are off to a solid start," said Dietmar Exler, president and CEO of MBUSA. "With the arrival of more new models later this year, we're ideally positioned to take advantage of the strengthening market." Mercedes-Benz volume leaders in May included the GLC, C-Class and GLE model lines. The GLC took the lead at 6,424, followed by C-Class sales of 5,419. The GLE rounded out the top three with 3,657 units sold. Mercedes-AMG high-performance models sold 2,628 units in May, with a total of 12,954 units sold year-to-date. Mercedes-Benz Passenger Vehicles May-18 May-17 Monthly % YTD 2018 YTD 2017 Yearly % B-CLASS 3 46 -93.5% 132 271 -51.3% CLA 2,257 1,310 72.3% 9,622 6,387 50.6% C-CLASS 5,419 6,996 -22.5% 23,917 35,436 -32.5% E-CLASS/CLS 3,625 4,068 -10.9% 20,005 20,443 -2.1% S-CLASS 1,169 1,275 -8.3% 7,269 6,414 13.3% SLC 263 224 17.4% 1,046 1,415 -26.1% SL 206 235 -12.3% 1,048 1,229 -14.7% AMG GT 201 59 240.7% 760 423 79.7% GLA 1,905 1,025 85.9% 10,440 8,279 26.1% GLC 6,424 3,737 71.9% 28,537 15,998 78.4% GLE 3,657 4,631 -21.0% 19,423 22,005 -11.7% GLS 1,553 2,864 -45.8% 8,843 12,870 -31.3% G-CLASS 294 423 -30.5% 1,615 1,796 -10.1% TOTAL 26,976 26,893 0.3% 132,657 132,966 -0.2% Vans1 3,101 3,066 1.1% 14,102 12,692 11.1% smart 110 331 -66.8% 524 1,757 -70.2% MBUSA Combined Total May-18 May-17 Monthly % YTD 2018 YTD 2017 Yearly % GRAND TOTAL 30,187 30,290 -0.3% 147,283 147,415 -0.1% 1. Mercedes-Benz, Freightliner Sprinter and Metris Vans are sold and marketed in the U.S. by Mercedes-Benz USA and Daimler Vans USA, respectively.

Fiat Chrysler Automobiles announced their latest five-year plan at an investor meeting in Italy. This is important as it will be the final plan presented by CEO Sergio Marchionne who will retire next year. Aside from news about Sergio actually wearing a tie (I'm being completely serious here -WM), there were some interesting bits to come out. We're going to breaking down what is in store for each brand along with intriguing information that was presented. Jeep: Four new models are expected to launch by 2022. They include the Wrangler pickup, Wagoneer/Grand Wagoneer, a smaller model to sit underneath the Renegade, and a three-row crossover to sit next to the Grand Cherokee. By 2021, Jeep is planning to have an electrification option on each nameplate by 2021, along with Level 3 autonomous capability - basically a car can drive itself in limited situations, but requires a driver to jump in at a moment's notice. Diesels will be gradually dropped from the various models, but no timetable was provided. A new 'hawk will be joining the Jeep family. Deserthawk will be models setup for "high-speed sand running". Think Ford Raptor as an SUV. This will launch in the first quarter of 2020. Production capacity will increase to keep up with the demand for SUV and crossovers around the world. Jeep will also introduce Jeep Wave. It's part 'loyalty program' and connected car services, and part subscription service. The loyalty part grants owners of the Hawk models and Wranglers 'Jeep Coins' when purchasing. The coins can be used to borrow other FCA products. Additional coins will be available for purchase. A pilot program will begin in 2019. A more traditional subscription service will launch in 2019. Subscribers pay a monthly fee for access to a fleet of FCA vehicles. Three tiers - Good, Better, and Best - determines vehicle selection, insurance, and concierge services. Jeep will also launch a in-car payment pilot program in 2019 as part of Wave. Ram Trucks: A new Ram Heavy-Duty will be arriving in 2019. By 2022, Ram will have three new/redesigned models: A midsize pickup, redesigned ProMaster City, and the high-performance Ram 1500 TRX. The TRX will compete against the Ford F-150 Raptor. Both the Ram 1500 and redesigned ProMaster City will come with Level 2 autonomous capability in 2021. Maserati: The Alfieri, which was first shown in 2014 as a concept will finally launch it as the replacement for the GranTurismo by 2022. The platform has been designed in such a way that allows for three different powertrains - including a plug-in hybrid and fully-electric version. Maserati claims a 0-100 kph time of two seconds for the electric version. The Alfieri EV will serve as the flagship for Maserati's new Blue lineup. This is the designation for any Maserati model equipped with a fully-electric powertrain comprised of three motors, new battery tech, and all-wheel drive with torque vectoring. The Levante, Ghibli, and Quattroporte will also have Blue models. Redesigns of the Ghibli, Levante, and Quattroporte will arrive by 2022. All of them will have a plug-in hybrid option. A new, smaller crossover will sit alongside the Levante. It is expected to possibly use the platform that underpins the Stelvio. Maserati is hoping to sell 100,000 vehicles by 2022, double the current sales volume. Alfa Romeo: Remember those rumors about the Giulia Coupe? It is real and will be named GTV. Alfa is promising more than 600 horsepower thanks to electric boost, all-wheel drive with torque vectoring, and 50:50 weight distribution. 8C will also be making a comeback as a mid-engine coupe. With a twin-turbo gas engine and electric drive system for the front axle, the combined output will be 700 horsepower. It will also feature a carbon fiber monocoque chassis. Alfa looks to getting out of the subcompact game as there is no product listed for 2022. They'll be sticking in the compact realm with a new Giuletta. Two new crossovers will be joining the lineup. One will sit underneath the Stelvio and the other will sit above. We know a little bit more about the larger model as it will be the first model to debut a new mild-hybrid system. It will be underpinned by a stretched version of the Giulia's platform. Also in the cards are long-wheelbase variants for the Giulia and Stelvio (most likely for China) and plug-in hybrid models. Other Details: Fiat got a brief mention during the meeting. There will be a new 500e and a wagon variant known as Giardiniera. Both models will get a new electric powertrain built for small vehicles. The 500L and 500X will come with hybrid powertrains. No time frames were revealed. "Chrysler is going to continue to be a relevant brand in the United States," said Marchionne when asked about the brand. No mention of Dodge during the conference. FCA will be working a number of partners on developing autonomous vehicles. This includes an expanded partnership with Waymo, along with new partnerships with Aptiv and BMW. Diesel will be phased out from all passenger cars in Europe by 2021. Source: Fiat Chrysler Automobiles View full article

Hyundai Motor America Reports May 2018 Sales Total Sales Up 10 Percent Highest SUV Sales Month in Company History with 28,777 Sold; SUVs Represent 44 Percent of Sales Elantra Sales Up 27 Percent Kona Sales of 5,079 as Inventory Reaches All Hyundai Dealers FOUNTAIN VALLEY, Calif., June 1, 2018 /PRNewswire/ -- Hyundai Motor America reported May sales of Hyundai- and Genesis-branded vehicles of 66,056 units, a 10 percent increase in comparison with May 2017. Hyundai's double digit increase was driven by its SUV family that again set several records. For the third month in a row, Hyundai reached its all-time SUV sales mark with sales up 41 percent over May of last year. Kona retailed more than 5,000 units as it solidly establishes itself in the segment with sales up 53 percent compared with April 2018. Tucson also had its best month ever with 12,991 total units, its 15th consecutive monthly record. Rounding out Hyundai's SUV family, Santa Fe sales were up 9 percent. In Hyundai's car lineup, Elantra had a strong month as sales increased 27 percent year over year, while Hyundai recently unveiled a new Sonata pricing strategy that delivers even more content and value throughout the various packages and trims. Sales by Brand May-18 May-17 2018 YTD 2017 YTD Hyundai 64,980 58,259 264,530 283,565 Genesis 1,076 1,752 6,466 8,288 TOTAL 66,056 60,011 270,996 291,853 Hyundai Brand Highlights "Hyundai SUV sales represented 44 percent of May's total, a good indication that our expanding SUV lineup is putting our mix more in line with customer demand," said John Angevine, director, National Sales, Hyundai Motor America. "Kona is also off to a great retail start and Elantra's 27 percent gain on the month led Hyundai sedans that are gaining market share." Hyundai Model Sales Vehicle May-18 May-17 2018 YTD 2017 YTD Accent 2,471 5,773 12,705 27,487 Azera 8 326 612 1,551 Elantra 20,762 16,407 81,870 86,955 Kona 5,079 0 10,953 0 Santa Fe 10,707 9,844 48,659 47,426 Sonata 10,728 12,605 44,169 66,768 Tucson 12,991 10,600 53,776 41,707 Veloster 728 800 4,692 7,271 Ioniq 1,506 1,827 7,093 3,475 Genesis Brand Highlights Genesis Motor America reported sales of 1,076 in May, a 39 percent decrease compared with the year prior. This past month, Genesis unveiled the Essentia Concept to critical reception at the Cannes Film Festival and Concorso d'Eleganza Villa d'Este, following its debut at the New York International Auto Show. In third-party accolades that affirm the momentum of the Genesis brand, G80 Sport received a 5-star overall rating by NHTSA, and G90 was named "Best Winter Luxury Vehicle" by the New England Motor Press Association. Genesis Model Sales Vehicle May-18 May-17 2018 YTD 2017 YTD G80 840 1,355 5,004 6,372 G90 236 397 1,462 1,916

Porsche Reports May 2018 U.S. Sales Porsche clocks second month in a row with more than 5,000 customer deliveries ATLANTA, June 1, 2018 /PRNewswire/ -- Porsche Cars North America, Inc. (PCNA), importer and distributor of the Porsche 911, 718 Boxster and Cayman, Panamera, Macan and Cayenne model lines, today announced May 2018 sales of 5,005 vehicles. This represents year-over-year growth of 4.2 percent, the fifth consecutive monthly record since January. Overall, sales for the first five months are up 6.4 percent from a year ago to 24,529 vehicles. "This is a new level of Porsche fascination. May was the first time our dealers delivered more than 5,000 cars a month for two months in a row, after April's all-time record of 5,570," said Klaus Zellmer, President and CEO of PCNA. "The story of this year so far is the strong performance across our model lines, from the iconic Porsche 911 and 718 to our new generation Panamera and best-selling Macan." May growth leaders were the 718 Boxster and Cayman, which combined grew 31.8 percent from May 2017, followed by the Macan at 29.5 percent. Panamera sales rose 16.7 percent from a year ago and the Porsche 911 was up 6.7 percent. Model May Sales Year-to-Date 2018 2017 2018 2017 ALL 911 801 751 4,116 3,709 ALL 718 531 403 2,487 2,043 ALL PANAMERA 896 768 3,838 2,483 ALL CAYENNE 536 1,153 4,707 6,050 ALL MACAN 2,241 1,730 9,381 8,767 GRAND TOTALS 5,005 4,805 24,529 23,052

Kia Motors America Announces May Sales Record Month for the Stinger Fastback Sports Sedan IRVINE, Calif., June 1, 2018 /PRNewswire/ -- Kia Motors America today announced May sales of 59,462 vehicles, representing a 1.6 percent increase over the same period last year and the brand's highest monthly sales total in 2018. May sales were led by the Forte and Sorento, with 11,261 and 10,370 units sold, respectively. In addition, the Stinger fastback sports sedan set a model-specific monthly sales record with 1,761 units sold in May. "We begin the traditional summer sales period having achieved a number of important milestones, including our best monthly sales thus far in 2018, Stinger sales at an all-time high, and a sales increase of 1.6 percent over the same period last year," said Bill Peffer, vice president, sales operations, Kia Motors America. "With the recent news that Kia has eight models designated a 2018 Top Safety Pick or Top Safety Pick Plus by the Insurance Institute for Highway Safety, and that Kia was counted among the top three most trusted non-luxury automotive brands – for the second consecutive year – in the annual AMCI Trusted Automotive Brands Study, we are confident that more and more consumers will consider Kia in their purchase decisions." MONTH OF MAY YEAR-TO-DATE Model 2018 2017 2018 2017 Rio 2,181 1,187 9,170 5,722 Forte 11,261 11,081 44,191 47,359 Optima 10,367 10,789 38,253 48,465 Cadenza 344 528 3,033 2,153 Stinger 1,761 N/A 7,059 N/A K900 22 46 153 193 Soul 9,922 10,521 40,165 43,623 Niro 2,808 2,660 11,483 10,488 Sportage 7,901 7,001 35,013 28,087 Sorento 10,370 10,413 40,671 40,505 Sedona 2,525 3,561 7,801 12,998 Total 59,462 58,507 236,992 239,593

BMW Group U.S. Reports May 2018 Sales MW Group sales increase 3.4 percent in May 2018. BMW brand sales increase 3.3 percent. MINI brand sales increase 4.0 percent. BMW Group electrified vehicle sales increase 26.9 percent, accounting for 6.6 percent of total U.S. sales in May 2018. Woodcliff Lake, NJ – June 1, 2018… Sales of BMW Group vehicles in the U.S. increased 3.4 percent in May 2018 for a total of 30,888 vehicles (BMW and MINI brands combined), compared with 29,881 vehicles sold in the same month a year ago. Year-to-date BMW Group sales in the U.S. are up 3.3 percent from the first five months of 2017. “Once again BMW has defied the odds with seven straight months of sales gains and the outlook for the second half of the year is positive,” said Bernhard Kuhnt, President and CEO, BMW of North America. “Our X model Sports Activity Vehicles continue their steady increase as availability improves and the BMW 5 Series is proof there’s strong demand for a great sedan, especially the electrified version which is now approaching 20% of 5 Series sales.” BMW Brand Sales Sales of BMW brand vehicles increased 3.3 percent in May 2018 for a total of 26,662 compared to 25,818 vehicles sold in May 2017. Year-to-date, the BMW brand is up 3.2 percent on sales of 123,979 vehicles compared to 120,124 sold in the first five months of 2017. BMW’s lineup of Sports Activity Vehicles accounted for 52 percent of BMW brand sales in May 2018, with particularly strong performances from the BMW X3 and BMW X5, as well as the first-ever BMW X2. MINI Brand Sales For May, MINI USA reported 4,226 vehicles sold, an increase of 4.0 percent from the 4,063 sold in the same month a year ago. The MINI Countryman continued its strong performance this month, rising 29.4 percent compared to May 2017 and contributing to a 61.9 percent year-to-date increase over Countryman sales in the first five months of 2017. BMW Group Electrified Vehicle Sales BMW Group in the U.S. (BMW and MINI combined) sales of electric and plug-in hybrid electric vehicles totaled 2,046 in May 2018, an increase of 26.9 percent from the 1,612 sold in the same month a year ago. BMW Group electrified vehicles accounted for 6.6 percent of U.S. sales in May 2018. BMW Group currently offers seven electrified models in the U.S., including the BMW i3, BMW i8, BMW 330e, BMW 530e, BMW 740e, BMW X5 xDrive 40e and MINI Countryman plug-in-hybrid electric vehicle.

Trucks Records Set as Core Products Deliver American Honda May Sales Gains Jun 1, 2018 New May sales records for American Honda trucks (up 9.2%), Honda trucks (up 11.6%), Pilot (up 36%), and CR-V (up 11.6%) Core Honda products Accord, Civic and Odyssey post strong retail sales despite industry trends Pilot is biggest mover in Honda lineup, jumping 36.1% in May and 40.8% year to date Acura sales remain strong with all-new 2019 RDX arriving today at dealers nationwide Honda Sales Highlights: Trucks and core products delivered major gains for Honda in May: Trucks set a new May record, Accord sales gained significant momentum, and strong performances from Civic, CR-V and Odyssey pushed all of these models to retail sales leadership in their respective segments. With Pilot and CR-V also adding record May sales, Honda brand gained a total of 4.3 percent for the month. Accord sales continued to climb strongly since its launch last fall, posting more than 28,000 sales in May, up 29.3% versus last month. With 34,349 sold in May, Civic gained 7.4% for the month. Pilot sales jumped 36.1% in setting a new May record, its 9th consecutive gain, and CR-V sales climbed 11.6% on sales of 35,905, also a May record. Acura Sales Highlights: With strong sales of the outgoing RDX helping Acura maintain a steady sales pace in May, the all-new 2019 RDX arrives in dealers today – the first in a new generation of Acura products completely designed around the brand’s Precision Crafted Performance brand direction. Acura light truck sales remained strong with RDX topping 4,700 in May and MDX passing the 4,000 mark. ILX gained 28.3% on for the month and is up 16.2% year to date.

VOLKSWAGEN OF AMERICA REPORTS MAY 2018 SALES RESULTS Sales totaled 31,211 units, an increase of 4 percent compared to May 2017 Year-to-date sales totaled 143,957 units, an increase of 7.5 percent over 2017 Sales of the all-new 2018 Tiguan totaled 8,579 units, its best month to date Jetta sales totaled 6,821 units, with the all-new 2019 Jetta accounting for 2,147 units Sales of the Chattanooga-built Atlas totaled 3,923 units Herndon, VA — (June 1, 2018) Volkswagen of America, Inc. (VWoA) today reported sales of 31,211 units delivered in May 2018, an increase of 4 percent over May 2017. With 143,957 units delivered year-to-date in 2018, the company is reporting a 7.5 percent increase in year-over-year sales. “The all-new 2019 Jetta, which launched in the middle of May, has been well received. We’re excited to build momentum with this vehicle and look forward to having the all-new Jetta, with its bold design and innovative features, as part of our strong offering of vehicles for the summer months ahead,” said Derrick Hatami, Executive Vice President of Sales, Marketing and After Sales for Volkswagen of America. “We had our best month to date for the 2018 Tiguan as we continue to see encouraging numbers for our growing lineup of family-friendly SUVS.” May 2018 marked the start of sales for the all-new 2019 Jetta, with deliveries beginning mid-month. A fully integrated “Betta Getta Jetta” marketing campaign was launched alongside the vehicle’s release, highlighting the all-new Jetta’s innovative features and attributes that include an available 10-inch configurable Volkswagen Digital Cockpit; available 10-color ambient lighting system; available 400-watt BeatsAudio™ sound system; and standard, fuel-efficient 1.4-liter turbocharged engine. The all-new 2018 Tiguan had its best month to date with 8,579 units sold in May 2018. The 2018 Tiguan, alongside the Tennessee-built 2018 Volkswagen Atlas, continue to bolster Volkswagen’s growing SUV portfolio. SUV sales accounted for nearly 50 percent of total volume for the Volkswagen brand year-to-date, a significant rise over 13.5 percent as of May 2017. May 2018 Sales May 18 May 17 Yr/Yr% change May 18 YTD May 17 YTD Yr/Yr% change Golf 765 1,281 -40.3% 3,458 5,872 -41.1% GTI 1,396 1,734 -19.5% 7,907 9,041 -12.5% Golf R 529 282 87.6% 1,770 2,110 -16.1% e-Golf 76 381 -80.1% 744 1,655 -55.0% Golf SportWagen 1,261 3,525 -64.2% 6,826 13,689 -50.1% Total Golf Family 4,027 7,203 -44.1% 20,705 32,367 -36.0% Jetta Sedan 6,814 11,535 -40.9% 25,726 45,496 -43.5% Jetta SportWagen (now Golf SportWagen) 7 N/A N/A 58 N/A N/A Total Jetta 6,821 11,535 -40.9% 25,784 45,496 -43.3% Beetle Coupe 1,011 1,005 0.6% 4,377 4,101 6.7% Beetle Convertible 481 824 -41.6% 2,462 3,133 -21.4% Total Beetle 1,492 1,829 -18.4% 6,839 7,234 -5.5% EOS* N/A 1 N/A N/A 1 N/A Passat 4,757 5,455 -12.8% 18,563 29,870 -37.9% CC 67 109 -38.5% 263 821 -68.0% Tiguan Limited 1,355 2,068 -34.5% 7,732 15,218 -49.2% 2018 Tiguan 8,579 N/A N/A 38,314 N/A N/A Touareg 190 204 -6.9% 1,298 1,244 4.3% Atlas 3,923 1,610 143.7% 24,459 1,610 1,419.2% TOTAL 31,211 30,014 4.0% 143,957 133,861 7.54%

Toyota Motor North America Reports May 2018 Sales TMNA, Toyota, Lexus divisions posted best-ever light truck May sales Toyota Highlander posted best-ever monthly sales Lexus NXh posted best-ever May sales PLANO, Texas (June 1, 2018) – Toyota Motor North America (TMNA) today reported May 2018 sales of 215,321 vehicles, a decrease of 1.3 percent from May 2017 on a volume basis. With one more selling day in May 2018 compared to May 2017, sales were down 5.1 percent on a daily selling rate (DSR) basis. Toyota division posted May sales of 189,930 units, down 1.5 percent on a volume basis and down 5.3 percent on a DSR basis. Lexus division posted May sales of 25,391 vehicles, down 0.1 percent on a volume basis and down 3.9 percent on a DSR basis. May 2018 Highlights TMNA, Toyota and Lexus divisions’ light trucks posted a best-ever May Camry posted sales of 29,965 RAV4 posted sales of 38,202 units Highlander sales up 17.6 percent, a best-ever May 4Runner sales up 6.6 percent Toyota division pickup truck sales up 11.0 percent Tacoma sales up 21.1 percent Tundra posted sales of 10,062 units Lexus LUVs posted a 6.8 percent increase, a best-ever May RX posted sales of 9,697 units NX Hybrid up 221.4 percent, a best-ever May NX combined sales of 4,975 units, continuing a best-ever start to the year LS sales up 186.4 percent with sales of 908 units *Note: Unless otherwise stated, all figures reflect unadjusted raw sales volume TOYOTA U.S. SALES SUMMARY MAY 2018 -- CURRENT MONTH -- -- CALENDAR YEAR TO DATE -- 2018 2017 DSR % VOL % 2018 2017 DSR % VOL % TOTAL TOYOTA 215,321 218,252 -5.1 -1.3 979,710 952,791 2.0 2.8 TOTAL TOYOTA DIV 189,930 192,848 -5.3 -1.5 868,460 843,426 2.2 3.0 TOTAL LEXUS 25,391 25,404 -3.9 -0.1 111,250 109,365 0.9 1.7 YARIS IA (INCL SCI IA) 2,861 3,444 -20.1 -16.9 13,430 15,758 -15.4 -14.8 YARIS LIFTBACK 139 852 -84.3 -83.7 724 6,138 -88.3 -88.2 TOTAL YARIS 3,000 4,296 -32.9 -30.2 14,154 21,896 -35.9 -35.4 iQ 0 0 0 0 0 0 0 0.0 xD 0 0 0 0 0 0 0 0.0 xB 0 0 0 0 0 0 0 0.0 tC 0 10 -100.0 -100.0 1 166 -99.4 -99.4 COROLLA IM (INCL SCI IM) 2,526 1,995 21.7 26.6 9,436 9,312 0.5 1.3 COROLLA SEDAN 27,052 30,942 -15.9 -12.6 123,858 136,164 -9.8 -9.0 TOTAL COROLLA 29,578 32,937 -13.7 -10.2 133,294 145,476 -9.1 -8.4 86 (INCL FR-S) 401 680 -43.3 -41.0 1,920 3,101 -38.6 -38.1 MIRAI 102 162 -39.5 -37.0 640 579 9.7 10.5 AVALON 2,669 2,872 -10.6 -7.1 16,499 14,215 15.2 16.1 PRIUS 8,672 10,023 -16.8 -13.5 38,327 46,366 -18.0 -17.3 CAMRY 29,965 32,547 -11.5 -7.9 150,580 147,434 1.3 2.1 TOTAL TOYOTA DIV. CAR 74,387 83,527 -14.4 -10.9 355,415 379,233 -7.0 -6.3 CT 0 825 -100 -100 4 3,311 -99.9 -99.9 IS 2,180 2,367 -11.4 -7.9 9,279 10,225 -10.0 -9.3 RC 434 517 -19.3 -16.1 1,421 2,600 -45.8 -45.3 ES 3,828 4,228 -12.9 -9.5 16,309 17,134 -5.6 -4.8 GS 672 615 5.1 9.3 3,086 2,907 5.3 6.2 LS 908 317 175.4 186.4 3,580 1,555 128.4 130.2 LC 154 422 -65 -64 855 422 101 103 LFA 1 0 0 0 2 0 0 0 TOTAL LEXUS CAR 8,177 9,291 -15.4 -12.0 34,536 38,154 -10.2 -9.5 TOTAL TOYOTA CAR 82,564 92,818 -14.5 -11.0 389,951 417,387 -7.3 -6.6 SIENNA 7,346 10,434 -32.3 -29.6 38,903 46,696 -17.3 -16.7 C-HR 4,366 1848 127 136 21,908 2398 806.4 813.6 RAV4 38,202 38,356 -4.2 -0.4 160,670 150,646 5.8 6.7 FJ CRUISER 0 0 0 0 1 2 -50.4 -50 VENZA 0 0 0 0 0 11 -100 -100 HIGHLANDER 21,312 18,115 13.1 17.6 92,650 82,738 11.1 12.0 4RUNNER 11,739 11,014 2.5 6.6 53,259 53,098 -0.5 0.3 SEQUOIA 868 964 -13.4 -10.0 4,556 5,349 -15.5 -14.8 LAND CRUISER 268 259 -0.5 3.5 1,291 1,292 -0.9 -0.1 TOTAL TOYOTA DIV. SUV 76,755 70,556 4.6 8.8 334,335 295,534 12.2 13.1 TACOMA 21,380 17,654 16.4 21.1 93,970 78,154 19.3 20.2 TUNDRA 10,062 10,677 -9.4 -5.8 45,837 43,809 3.8 4.6 TOTAL TOYOTA DIV. PICKUP 31,442 28,331 6.7 11.0 139,807 121,963 13.7 14.6 TOTAL TOYOTA DIV. TRUCK 115,543 109,321 1.6 5.7 513,045 464,193 9.7 10.5 NX 4,975 5,009 -4.5 -0.7 23,810 21,426 10.3 11.1 RX 9,697 8,849 5.4 9.6 41,197 38,329 6.6 7.5 GX 2018 1851 4.8 9.0 9,521 9,157 3.2 4.0 LX 524 404 24.7 29.7 2,186 2,299 -5.7 -4.9 TOTAL LEXUS TRUCK 17,214 16,113 2.7 6.8 76,714 71,211 6.9 7.7 TOTAL TOYOTA TRUCK 132,757 125,434 1.8 5.8 589,759 535,404 9.3 10.2 Selling Days 26 25 127 126 DSR = Daily Selling Rate *NA Built Vehicles TOYOTA U.S. SALES SUMMARY MAY, 2018 -- CURRENT MONTH -- -- CALENDAR YEAR TO DATE -- 2018 2017 DSR % VOL % 2018 2017 DSR % VOL % COROLLA 27,052 30,942 -15.9 -12.6 123,858 136,164 -9.8 -9.0 CAMRY 28,875 32,547 -14.7 -11.3 139,680 147,434 -6.0 -5.3 AVALON 2,669 2,872 -10.6 -7.1 16,499 14,215 15.2 16.1 YARIS IA (INCL SCI IA) 2,861 3,444 -20.1 -16.9 13,430 15,758 -15.4 -14.8 RAV4 16,769 17,580 -8.3 -4.6 70,412 70,483 -0.9 -0.1 VENZA 0 0 0.0 0.0 0 11 -100.0 -100.0 HIGHLANDER 21,312 18,115 13.1 17.6 92,650 82,738 11.1 12.0 SIENNA 7,346 10,434 -32.3 -29.6 38,903 46,696 -17.3 -16.7 SEQUOIA 868 964 -13.4 -10.0 4,556 5,349 -15.5 -14.8 TACOMA 21,380 17,654 16.4 21.1 93,970 78,154 19.3 20.2 TUNDRA 10,062 10,677 -9.4 -5.8 45,837 43,809 3.8 4.6 ES 3,400 3,335 -2.0 1.9 14,544 12,864 12.2 13.1 RX 5,834 8,301 -32.4 -29.7 32,391 35,626 -9.8 -9.1 TOTAL 148,428 156,865 -9.0 -5.4 686,730 689,301 -1.2 -0.4 N.A VEHICLES % OF TOTAL 68.9% 71.9% 70.1% 72.3% TOYOTA DIV. IMPORT CAR 12,930 13,722 -9.4 -5.8 61,948 65,662 -6.4 -5.7 LEXUS IMPORT CAR 4,777 5,956 -22.9 -19.8 19,992 25,290 -21.6 -20.9 TOYOTA DIV NA BUILT CARS 61,457 69,805 -15.3 -12.0 293,467 313,571 -7.1 -6.4 LEXUS NA BUILT CARS 3,400 3,335 -2.0 1.9 14,544 12,864 12.2 13.1 TOTAL TOYOTA CARS 82,564 92,818 -14.5 -11.0 389,951 417,387 -7.3 -6.6 TOYOTA DIV. IMPORT TRUCK 37,806 33,897 7.2 11.5 166,717 136,953 20.8 21.7 LEXUS IMPORT TRUCK 11,380 7,812 40.1 45.7 44,323 35,585 23.6 24.6 TOYOTA DIV NA BUILT TRUCK 77,737 75,424 -0.9 3.1 346,328 327,240 5.0 5.8 LEXUS NA BUILT TRUCK 5,834 8,301 -32.4 -29.7 32,391 35,626 -9.8 -9.1 TOTAL TOYOTA TRUCK 132,757 125,434 1.8 5.8 589,759 535,404 9.3 10.2 Selling Days 26 25 127 126 TOYOTA U.S. HYBRID SALES SUMMARY APRIL, 2018 -- Current Month -- -- Calendar Year To Date -- 2018 2017 DSR % 2018 2017 DSR % Toyota Prius Sedan 4,760 6,065 -24.5% 20,554 27,636 -26.2% Toyota Prius V(only) 170 929 -82.4% 1,882 4,474 -58.3% Toyota Prius C(only) 818 1,121 -29.8% 3,873 6,182 -37.8% Toyota Prius PRIME(only) 2,924 1,908 47.4% 12,018 8,074 47.7% Toyota RAV4 Hybrid 4,268 4,070 0.8% 19,347 17,061 12.5% Lexus NX Hybrid 762 228 221.4% 3,077 1,048 191.3% Lexus RX Hybrid 1,359 747 74.9% 4,407 3,025 44.5%

Mazda Reports May Sales Results Mazda CX-3 Posts Best-Ever Sales Month IRVINE, Calif., June 1, 2018 /PRNewswire/ -- Mazda North American Operations (MNAO) today reported total May U.S. sales of 29,980 vehicles, representing an increase of 15.1 percent versus May of last year. Year-to-date (YTD) sales through May are up 14.9 percent versus last year, with 137,031 vehicles sold. With 26 selling days in May 2018, versus 25 the year prior, the company posted an increase of 10.7 percent on a Daily Selling Rate (DSR) basis. Key May sales notes: Mazda6 led the charge, posting a sales increase of 63.8 percent year-over-year (YOY), with 4,437 vehicles sold in the month of May.This increase was led by the launch of the new 2018 Mazda6, which is now available in more trim options than before, including the introduction of a Signature trim level, which had previously only been available on the CX-9. Mazda CX-5, Mazda's award-winning crossover SUV, returned to record-breaking sales, posting its best-ever May sales of 14,173 vehicles, marking an increase of 19.9 percent YOY. Sales of the Mazda CX-5 are up 43.7 percent YTD. Mazda CX-3 posted its best-ever sales this month, with 1,823 vehicles sold in May, marking an increase of 18.6 percent YOY. Sales of Mazda CX-3 are up 14.0 percent YTD. Mazda's seven-passenger crossover SUV, Mazda CX-9, had a near-record month, finishing up 26.6 percent YOY, with 2,509 vehicles sold. Sales of the Mazda CX-9 are up 18.4 percent YTD. Every model in the CX-line posted sales gains in the month of May. Total sales of the CX-line, including the CX-3, CX-5 and CX-9, where up 20.6 percent over May of last year, with 18,505 vehicles sold.

Volvo Cars of North America, LLC - Up 50.6% (9,338 Vehicles Sold This Month, 37,754 Vehicles Sold This Year) Mitsubishi Motors North America - Up 31.7% (12,416 Vehicles Sold This Month, 56,178 Vehicles Sold This Year) Jaguar Land Rover North America - Up 16.8% (9,469 Vehicles Sold This Month, 50,231 Vehicles Sold This Year) Mazda North American Operations - Up 15.1% (29,980 Vehicles Sold This Month, 137,031 Vehicles Sold This Year) FCA US LLC - Up 11% (214,294 Vehicles Sold This Month, 913,212 Vehicles Sold This Year) Hyundai Motor America - Up 10.1% (66,056 Vehicles Sold This Month, 270,996 Vehicles Sold This Year) Subaru of America, Inc. - Up 7.2% (60,146 Vehicles Sold This Month, 263,019 Vehicles Sold This Year) Porsche Cars North America, Inc. - Up 4.2% (5,005 Vehicles Sold This Month, 24,529 Vehicles Sold This Year) Volkswagen of America - Up 4% (31,211 Vehicles Sold This Month, 143,957 Vehicles Sold This Year) BMW Group U.S. - Up 3.4% (30,888 Vehicles Sold This Month, 142,469 Vehicles Sold This Year) American Honda Motor Co. - Up 3.1% (153,069 Vehicles Sold This Month, 641,261 Vehicles Sold This Year) Kia Motors America - Up 1.6% (59,462 Vehicles Sold This Month, 236,992 Vehicles Sold This Year) Ford Motor Company - Up 0.7% (242,824 Vehicles Sold This Month, 1,047,056 Vehicles Sold This Year) Audi of America - Up 0.6% (19,315 Vehicles Sold This Month, 88,471 Vehicles Sold This Year) Mercedes-Benz USA - Down 0.3% (30,187 Vehicles Sold This Month, 147,283 Vehicles Sold This Year) Toyota Motor North America - Down 1.3% (215,321 Vehicles Sold This Month, 979,710 Vehicles Sold This Year) Nissan North America - Down 4.1% (131,832 Vehicles Sold This Month, 635,599 Vehicles Sold This Year) Brands: Acura - Down 8% (12,819 Vehicles Sold This Month, 58,121 Vehicles Sold This Year) Alfa Romeo - Up 4% (2,377 Vehicles Sold This Month, 10,016 Vehicles Sold This Year) Audi - Up 0.6% (19,315 Vehicles Sold This Month, 88,471 Vehicles Sold This Year) BMW - Up 3.3% (26,662 Vehicles Sold This Month, 123,979 Vehicles Sold This Year) Chrysler - Down 18% (14,724 Vehicles Sold This Month, 75,146 Vehicles Sold This Year) Dodge - Up 4% (46,581 Vehicles Sold This Month, 204,546 Vehicles Sold This Year) Fiat - Down 46% (1,441 Vehicles Sold This Month, 6,859 Vehicles Sold This Year) Ford - Up 1% (233,069 Vehicles Sold This Month, 1,006,321 Vehicles Sold This Year) Genesis - Down 38.6% (1,076 Vehicles Sold This Month, 6,466 Vehicles Sold This Year) Honda - Up 4.3% (140,250 Vehicles Sold This Month, 583,140 Vehicles Sold This Year) Hyundai - Up 11.5% (64,980 Vehicles Sold This Month, 264,530 Vehicles Sold This Year) Infiniti - Down 7.1% (11,625 Vehicles Sold This Month, 61,472 Vehicles Sold This Year) Jaguar - Down 24% (2,366 Vehicles Sold This Month, 12,434 Vehicles Sold This Year) Jeep - Up 29% (97,287 Vehicles Sold This Month, 408,033 Vehicles Sold This Year) Kia - Up 1.6% (59,462 Vehicles Sold This Month, 236,992 Vehicles Sold This Year) Land Rover - Up 42.3% (7,103 Vehicles Sold This Month, 37,797 Vehicles Sold This Year) Lexus - Down 0.1% (25,391 Vehicles Sold This Month, 111,250 Vehicles Sold This Year) Lincoln - Down 5.2% (9,755 Vehicles Sold This Month, 40,735 Vehicles Sold This Year) Mazda - Up 15.1% (29,980 Vehicles Sold This Month, 137,031 Vehicles Sold This Year) Mercedes-Benz - Up 0.3% (26,976 Vehicles Sold This Month, 132,657 Vehicles Sold This Year) Mercedes-Benz Vans - Up 1.1% (3,101 Vehicles Sold This Month, 14,102 Vehicles Sold This Year) MINI - Up 4% (4,226 Vehicles Sold This Month, 18,490 Vehicles Sold This Year) Mitsubishi - Up 31.7% (12,416 Vehicles Sold This Month, 56,178 Vehicles Sold This Year) Nissan - Down 3.8% (120,207 Vehicles Sold This Month, 574,127 Vehicles Sold This Year) Porsche - Up 4.2% (5,005 Vehicles Sold This Month, 24,529 Vehicles Sold This Year) Ram Trucks - Up 2% (51,884 Vehicles Sold This Month, 208,612 Vehicles Sold This Year) Smart - Down 66.8% (110 Vehicles Sold This Month, 524 Vehicles Sold This Year) Subaru - Up 7.2% (60,146 Vehicles Sold This Month, 263,019 Vehicles Sold This Year) Toyota - Down 1.5% (189,930 Vehicles Sold This Month, 868,460 Vehicles Sold This Year) Volkswagen - Up 4% (31,211 Vehicles Sold This Month, 143,957 Vehicles Sold This Year) Volvo - Up 50.6% (9,338 Vehicles Sold This Month, 37,754 Vehicles Sold This Year) View full article