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Tag Archives: may sales results
China Auto Sales Up 16% in May but Down from April
The China Association of Automobile Manufacturers (CAAM) said that automobile sales were 1,607,200 units in May, a decrease -1% compared with April, but an increase 16% compared with the same period of last year. Continue reading
European Car Sales Rise 7% in May. Still Lag Pre-Crisis Levels
European car sales are of concern for U.S. taxpayers because they have been undermining the financial performance of General Motors and Fiat, which controls Chrysler. Both GM’s Opel subsidiary and Fiat are struggling in Europe. Even Ford Motor results are negatively affected by Europe, which remains a drag on its earnings. Continue reading
