Cars
GM’s U.S. Sales Plummet 26.7% in July
As if today’s announcement on the massive $15.5 billion loss in the second quarter of 2008 wasn’t enough bad news, GM also reported today that its vehicle sales dropped 26.7% in July to 235,184. According to GM’s data, July’s car sales were down 2.1 percent to 105,335 while light truck sales fell 35.4 percent to 129,849. Beyond the negative headlines, GM saw the Chevrolet Malibu’s total sales go up 79 percent, the Chevy Aveo up 17 percent, the Cadillac CTS up 38 percent, the Saturn Aura op 24 percent and the Saturn Sky up 14 percent compared to last July. (Picture: CarScoop)
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Chrysler Group's April U.s. Sales Up 11 Percent, But Chrysler Brand Down 13 Percent
The Chrysler Group as a whole reported an 11 percent sales increase in the United States in April, with 156,698 units sold. The Jeep, Dodge, Ram Truck and Fiat brands each posted year-over-year sales gains in April compared with the same month a year...
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Mercedes Reports 32.1% Drop In U.s. December Sales, Smart Sells 24,622 Fortwos In 2008
December proved to be a poor month for Mercedes-Benz that reported U.S. sales of 18,507 vehicles, a 32.1 percent decrease over the same month last year. The German automaker's total 2008 volume was 225,128 units, an 11.2 percent decline compared to...
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Japanese And South Korean Car Sales Plummet In November
Sales of new cars in Japan and South Korea dropped by nearly 30 percent last month, confirming that the downturn in the auto industry is global. According to data provided by the Japan Automobile Dealers Association, November car and truck sales in Japan...
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U.s. Auto Sales Drop 15.5% In August
Falling gasoline prices didn’t seem to help automakers avert the downturn as U.S. light vehicle sales plunged for a tenth consecutive month in August. Overall sales for the month were 1.25 million vehicles, down a hefty 15.5 percent from August...
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Gm’s Q1 Global Sales 1% Down At 2.25 Million Vehicles
The General announced that it sold 2.25 million cars and trucks around the world in the first quarter of 2008, down less than one percent compared to the previous period. Strong first quarter sales in GM's Latin America, Africa and Middle East and...
Cars