The Top Ten Auto List for 2008
This year has been one for the record books. Our economy imploded to a degree not seen since the Great Depression, and a historic election delivered an inspiring African-American to the White House. If you're one to observe the dualities of life, there's certainly some yin and yang to contrast here.
After the financial markets the auto industry became the most battered sector of the economy. First, record high gas prices pulled the plug on sales of trucks and SUVs. This impacted already ailing American automakers far more then their foreign competitors. Then the recession took an even bigger bite. Ouch. At least gas prices have dropped again.
The following fun facts and figures from auto land provide a snapshot of this unique and dramatic year. I wish you all the best in the coming one.
Drop in Sales, Nov. 2007 to Nov. 2008
1. Chrysler -47%
2. Volvo -46.5%
3. Nissan -42%
4. GM -41.3%
5. Acura -38.9%
6. Hyundai -38.6%
7. Lexus -34.7%
8. Toyota -33.9%
9. Mazda -31.3%
10. Honda -30.6%
11. Ford -30% (OK, this is more than 10, but given what's going on in Detroit, it seems relevant to include Ford.)
Bestselling Cars
1. Ford F-Series
2. Chevrolet Silverado
3. Toyota Camry
4. Honda Civic
5. Honda Accord
6. Toyota Corolla/Matrix
7. Nissan Altima
8. Chevrolet Impala
9. Dodge Ram
10. Ford Focus
Worst-Selling Cars
1. Hyundai Entourage
2. Mitsubushi Endeavor
3. Hummer H2
4. Chrysler Pacifica
5. Nissan Armada
6. Hummer H3
7. Dodge Durango
8. GMC Envoy
9. Jeep Commander
10. Toyota FJ Cruiser
Least Expensive Cars
1. Hyundai Accent GS, $9,970
2. Nissan Versa Sedan, $9,990
3. Kia Rio, $11,495
4. Toyota Yaris, $12,205
5. Smart fortwo, $11,590
6. Chevrolet Aveo5, $12,625
7. Suzuki SX4 Sedan, $13,299
8. Kia Spectra, $13,550
9. Hyundai Elantra GLS, $14,120
10. Honda Fit, $14,550
Most Expensive Cars
1. Bugatti Veyron, $1,192,057
2. Pagani Zonda C12 F, $667,321
3. SSC Ultimate Aero, $654,400
4. LeBlanc Mirabeau, $645,084
5. Saleen S7, $545,568
6. Koenigsegg CCX, $545,568
7. Mercedes-Benz SLR McLaren, $457,250
8. Porsche Carrera GT, $440,000
9. Maybach 62, $385,250
10. Maybach 57 S $367,000
Cars With Lowest Ownership Costs
1. Honda Fit
2. Chevrolet Aveo
3. Hyundai Accent
4. Toyota Yaris
5. Nissan Versa
6. Scion xB
7. Pontiac Vibe
8. Toyota Corolla
9. Kia Rio
10. Suzuki SX4
Cars With Highest Ownership Costs
1. Mercedes-Benz CL class
2. Mercedes-Benz S class
3. Mercedes-Benz SL class
4. Audi R8
5. BMW Alpina S7
6. BMW M6
7. BMW M5
8. Audi S8
9. Mercedes-Benz G class
10. Audi A8
Best at Holding Their Value (% of Value Retained)
1. 2008 Mini Cooper Clubman — 56.4%
2. 2008 Mini Cooper — 53.1%
3. 2008 BMW M3 — 52.8%
4. 2008 Lexus IS F — 49.6%
5. 2008 Scion xB — 49.2%
6. 2008 Volkswagen R32 — 49.0%
7. 2008 Infiniti G37 — 47.2%
8. 2008 Chevrolet Corvette — 47.1%
9. 2008 BMW 1 Series — 47.0%
10. 2008 Volkswagen Eos — 47.0%
Worst at Holding Their Value (% of Value Retained)
1. 2008 Kia Rio — 26.3%
2. 2008 Kia Spectra — 27.0%
3. 2008 Hyundai Accent — 28.0%
4. 2008 Suzuki Reno — 29.2%
5. 2008 Suzuki Forenza — 29.3%
6. 2008 Mercury Grand Marquis — 30.4%
7. 2008 Kia Amanti — 30.6%
8. 2008 Chevrolet Malibu Classic — 30.7%
9. 2008 Hyundai Sonata — 30.8%
10. 2008 Jaguar S-Type — 31.3%
Most Expensive for Repairs
1. Dodge Viper
2. Jaguar XK-Series
3. Jaguar XJ-Series
4. Land Rover Range Rover Sport
5. Land Rover Range Rover
6. Mercedes-Benz SL-Class
7. Mercedes-Benz CL-Class
8. Land Rover LR3
9. Audi RS4
10. BMW Alpina B7
Least Expensive for Repairs
1. (tie) Suzuki SX4
1. (tie) Honda Element
3. Nissan Versa
4. Hyundai Accent
5. Kia Sedona
6. Honda Pilot
7. Hyundai Veracruz
8. Suzuki XL7
9. Honda CR-V
10. Mazda Tribute
Most Fuel-Efficient Vehicles (City/Highway)
1. Toyota Prius Hybrid, 48/45
2. Honda Civic Hybrid, 40/45
3. Nissan Altima Hybrid, 35/33
4. smart fortwo, 33/41
5. Toyota Camry Hybrid, 33/34
6. Ford Escape Hybrid, 34/31
7. Mazda Tribute Hybrid, 34/31
8. Mercury Mariner Hybrid, 34/31
9. Volkswagen Jetta, 30/41
10. Toyota Yaris, 29/36
Biggest Gas Guzzlers (City/Highway)
1. Lamborghini Murcielago, 8/13
2. Bentley Azure, 9/15
3. Bentley Brooklands, 10/14
4. Bentley Continental GT, 10/17
5. Bentley Arnage, 10/14
6. Ferrari 612 Scaglietti, 9/16
7. Ferrari 599 GTB Fiorano 11/15
8. Ferrari F430, 11/16
9. Aston Martin DBS Coupe 11/17
10. BMW M5, 11/17
Surprised by any of these facts and figures? Which ones make you scratch your head?
Sources: www.forbes.com, www.thesupercars.org, www.bankrate.com, www.Edmunds.com
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