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24/7 Wall St.: Cars Americans Won't Buy

Cars Americans Won't Buy

April car sales data are out, and they are not cause for celebration. Though sales are up 2 percent overall from last April, they have cooled somewhat since the February and March run. There are a few winners, however, including Toyota (NYSE: TM), Chrysler and several European auto makers, some of which are up over 20 percent. Meanwhile, General Motors (NYSE: GM) and Ford (NYSE: F) are down.

While a few brands are doing incredibly well, dealers cannot even give away some models. “Days to turn,” or “days on the lot,” reflects the average number of days a vehicle is in dealer inventory before it is sold. All of the car models on this list spent more than 90 days on the lot, considerably longer than the 52-day average.

Working with Edmunds.com, 24/7 Wall St. identified 10 cars that Americans are not buying. 24/7 Wall St. obtained days-to-turn data for the full year 2011 provided by auto industry analytics organization Edmunds. To avoid inconsistencies that can arise from small data sets, 24/7 Wall St. only looked at vehicles that sold at least 10,000 units in 2011. It also looked at the list prices of these vehicles as provided by the dealer, fuel efficiency data from the U.S. EPA, and quality ratings provided by JD Power & Associates and Consumer Reports. Edmunds also provided sales figures going back to 2006. All unit sales listed are U.S. only. (AP Photo/Kia Motors)

More From 24/7 Wall Street:
Cars So Hot They Are Out of Stock
The Most Powerful CEO’s in America
The Six States Where Tax Revenues Are Soaring



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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