Cars
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 2007 while for the first eight months of the year, sales are down 11.2 percent to 9.8 million vehicles, according to Autodata Corp. Among the mainstream automakers, Chrysler LLC took the worst beating as it sold 110,235 vehicles, down 34 percent compared to last August. From the beginning of the year, Chrysler LLC’s sales have fallen 24 percent. GM’s August sales tumbled 20.4 percent to 308,817 units and are down 18.1 percent for the year to date compared to 2007. Same goes for Ford that sold 155,690 vehicles in August, down 26.6 percent, while year to date sales have slipped 15.8 percent compared to 2007. -Continued
Toyota didn’t do very well either as the Japanese reported August sales of 211,533 vehicles, a decrease of 9.4 percent from last August while for the first eight months of the year, Toyota’s sales have fallen 7.8 percent.
Among the big players in the U.S. market, only the Nissan group managed to show growth with August 2008 sales of 108,493 units versus 95,527 units a year ago, an increase of 13.6 percent. From the beginning of the year, the Nissan group’s sales are up 1.0 percent.
-
Chrysler Group Reports Best April Sales Since 2008 With A 20 Percent Increase Over Last Year
The Chrysler Group's U.S. sales in April grew 20 percent over the same month last year to 141,165 units, making it the company's best April since 2008, which was before it went into bankruptcy. All four brands of the Chrysler Group posted sales...
-
Chrysler Group Sales Plunge 48 Percent In April
Whereas FoMoCo and General Motors managed to keep their loses under 35 percent, Chrysler LLC took another plunge in April reporting U.S. sales of just 76,682 units, representing a chilling 48 percent decrease versus 2008. Chrysler said that the April...
-
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...
-
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...
-
Ford’s European Sales Up By 5,4% In February
Drive by the redesigned Focus and the new Mondeo, Ford of Europe saw its sales increase this February to 125,500 units, up by 5.4 percent compared to February 2007. The company's European year-to-date sales (Feb 07-08) were up by 3.3 percent to 267,900...
Cars