Cars
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 fell 27.3% to 215,783 units from the same month a year ago, marking the worst November in more than 30 years. Sales of mini cars with engines smaller than 660cc (0.66-liters) were down by 0.7% to 153,101 units. Overall, the Japanese car market fell 18.2% in November from a year earlier to 368,884 vehicles. Japan's largest automaker, Toyota, saw its sales fell 27.7% while Honda dropped 21.6%, Nissan 29.5% and Mazda 33%.
- Hyundai's Global Sales Rise 6.8 Percent In 2008 But Profits Drop
Despite the slowing global economy in the second half of 2008, Hyundai saw its sales rise 6.8 percent year-over-year to 2,796,370 units. South Korea's largest automaker also saw its sales revenues in the 2008 calendar year rise 5.1 percent to 32.19...
- Gm's U.s. December Sales Fall 31%, 2008 Ytd Sales Down 23%
Once again, General Motors recorded a significant drop in U.S. sales in December delivering 221,983 vehicles, down 31 percent compared with a year ago. GM's December car sales of 87,506 units were off 25 percent while its truck sales of 134,477 units...
- Bmw Group Global Sales Plummet 25.4% In November
The continued market downturn resulted in a significant decline in sales in November for the BMW Group that consists of the BMW, MINI and Rolls-Royce brands. The automotive group saw its global sales in November plunge by 25.4% to 96,570 units compare...
- Toyota's U.s. Sales Fall 24.2% In October, Lexus Sales Plunge 37.6%
In what may be one of the worst months in U.S. automotive sales in more than two decades, the Toyota Group which consists of the Toyota, Lexus and Scion brands reported U.S. October sales of 152,101 vehicles, a decrease of 25.9 percent from last October,...
- 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...
Cars
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 fell 27.3% to 215,783 units from the same month a year ago, marking the worst November in more than 30 years. Sales of mini cars with engines smaller than 660cc (0.66-liters) were down by 0.7% to 153,101 units. Overall, the Japanese car market fell 18.2% in November from a year earlier to 368,884 vehicles. Japan's largest automaker, Toyota, saw its sales fell 27.7% while Honda dropped 21.6%, Nissan 29.5% and Mazda 33%.In South Korea, domestic car sales in November plunged 27.2 percent to 74,217 units from a year earlier. The country's biggest carmaker, Hyundai, reported a 34 percent decline while sales at GM's Daewoo unit plunged 57 percent. Surprisingly, Kia, ranked second in South Korea, recorded an increase of 3.7 percent in auto sales compared to last November.
- Hyundai's Global Sales Rise 6.8 Percent In 2008 But Profits Drop
Despite the slowing global economy in the second half of 2008, Hyundai saw its sales rise 6.8 percent year-over-year to 2,796,370 units. South Korea's largest automaker also saw its sales revenues in the 2008 calendar year rise 5.1 percent to 32.19...
- Gm's U.s. December Sales Fall 31%, 2008 Ytd Sales Down 23%
Once again, General Motors recorded a significant drop in U.S. sales in December delivering 221,983 vehicles, down 31 percent compared with a year ago. GM's December car sales of 87,506 units were off 25 percent while its truck sales of 134,477 units...
- Bmw Group Global Sales Plummet 25.4% In November
The continued market downturn resulted in a significant decline in sales in November for the BMW Group that consists of the BMW, MINI and Rolls-Royce brands. The automotive group saw its global sales in November plunge by 25.4% to 96,570 units compare...
- Toyota's U.s. Sales Fall 24.2% In October, Lexus Sales Plunge 37.6%
In what may be one of the worst months in U.S. automotive sales in more than two decades, the Toyota Group which consists of the Toyota, Lexus and Scion brands reported U.S. October sales of 152,101 vehicles, a decrease of 25.9 percent from last October,...
- 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...