Tag Archives: sales results

Chrysler Group U.S. Sales Up 10% in October

Chrysler Group today reported U.S. sales of 126,185 units, a 10% increase compared with sales in October 2011 (114,512 units) It was the Group’s best October sales since 2007, and it appeared inline with industry growth of 8% based on preliminary numbers. Continue reading

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June Auto Sales Soar with Mixed Results for Detroit Three

Sales of new cars and light trucks in June increased 22% from the same period a year ago, as the auto industry delivered almost 1.3 million vehicles for the month. On a seasonally adjusted annual basis or SAAR, this meant that the industry-selling rate continues to be more than 14 million units for five of the six months of 2012, resulting in sales of more than 7.2 million vehicles year-to-date. The slowly recovering auto market presented mixed but arguably positive results for the Detroit Three. Continue reading

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May U.S. Auto Sales Projected Close to 1.4 Million Vehicles

Total light-vehicle sales in May are predicted at 1,384,000 units, a 21% percent increase from May 2011. However, fleet volume as a percentage of total light-vehicle sales is expected to remain high in May, at 22%. Continue reading

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General Motors U.S. April Sales Down 8% in a Growing Market

General Motors Co. (NYSE: GM) today reported April sales of 213,387 vehicles in the United States, a decline of 8% in a month that looks to be running at more than 14 million units on a seasonally adjusted basis, an increase of at least 12%. Buick one again posted a decline, this time -25% at 15,450 vehicles, with the mid-size Regal off -37% at 2,850. The compact and less expensive Verona sold 3,000 sedans. This begs the question whether Buick in particularly, perhaps General Motors overall, has been too aggressive in raising prices to boost profitability. The brands aren’t strong enough and the competition remains formidable. Once again Chrysler posted a 20% sales increase to 141,000 vehicles in April, and my bet is GM and Ford are where the growth is coming from to a large degree. Continue reading

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Ford Motor U.S. Sales Drop 5% in April. Car Sales off 11%

Ford Motor U.S. sales decreased 5% in April to 180,350 vehicles, with car sales dropping 11% at 64,790. Fleet sales were 37% of the mix. Overall, Ford Motor Sales were buoyed by trucks and sport utilities, but Ford is now facing a strong challenge from Toyota Motor Sales, which is expected to be up almost 12% in April when Toyota reports later today. Toyota is closing in on Ford’s Number Two U.S. sales ranking. Continue reading

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