Chrysler Reports Sales Surge In June 2011
Chrysler Group LLC Reports June 2011 U.S. Sales Increased 30 Percent; Best June Sales Since 2007. Highlights… [more]
GM Boosts June Auto Sales
General Motors dealers in the United States reported 215,358 total sales in June, an 11-percent gain… [more]
Honda Forecasts a Lean Summer in Auto Sales
Honda Motor Co. (NYSE:HMC) has sent a memo warning dealers across the country it expects sales to drop… [more]
Chrysler Reports Sales Surge In June 2011
Chrysler Group LLC Reports June 2011 U.S. Sales Increased 30 Percent; Best June Sales Since 2007. Highlights include: - Retail sales surge 46 percent in June compared with same month a year ago; best retail sales month of the year - June marks the … [Read More...]
GM Boosts June Auto Sales
General Motors dealers in the United States reported 215,358 total sales in June, an 11-percent gain compared to June 2010. The gain was the result of continued solid retail demand for the company's wide selection of fuel-efficient vehicles. Retail sales for GM's brands rose … [Read More...]
Honda Forecasts a Lean Summer in Auto Sales
Honda Motor Co. (NYSE:HMC) has sent a memo warning dealers across the country it expects sales to drop nearly 40 percent this summer. While the sales have seemed to recover a bit from a dismal May, the company is still months away from normalized sales and … [Read More...]
Ford Auto Sales Up 14% In June
Ford’s June sales totaled 194,114, up 14 percent versus a year ago. Cars and utilities posted the largest gains, while trucks also posted increases, rebounding from May. “Strong demand for Ford’s fuel-efficient cars and crossovers continues, and we now are seeing … [Read More...]
Nissan Leaf U.S. Production May Be Delayed
People have been waiting months for the Nissan Leaf to reach their driveway, and the waiting list grows with each passing day. Unfortunately consumers may be waiting longer than they once thought as Nissan Motor Co. Ltd. hinted today that the company may not hit its target … [Read More...]
Chrysler Announces Pricing for Bonds – Intends to Refinance Government Debt
Chrysler Group announced on Friday the long awaited pricing on the Bonds the company plans to issue so that they can refinance government debt. The Bond offering, broken in to two separate issues, totals $3.3 billion. The company plans to sell $1.5 billion in bonds at an … [Read More...]
Chevy Plans Increase on Volt Production – Anticipates High Demand
General Motors announced that they will be increasing production of their Chevy Volt this summer. The production increases will be made possible when they close their plant for 4 weeks to retool. The plant shut down will begin in June, allowing for an accelerated rate of … [Read More...]
Chrysler To Shift Plant Shut Downs From July To June
While the disaster in Japan has impacted nearly every auto maker to some degree, certain makers have been more immune to the aftermath than others. Despite a perception that U.S. makers are insulated from the impacts, the fact is that nearly every car made has at least some … [Read More...]
May Auto Sales Expected To Be Weak – Analysts Still See 13 Million Cars Sold in 2011
We have seen 2011 as a recovery year for the automotive industry, and with Seasonally Adjusted Annualized Rates (SAAR) over 13 million, it has seemed to come to fruition so far. However, early indications for May sales seem to be low enough to raise a few eyebrows. J.D. … [Read More...]
Analyst Expects 2011 Auto Sales To Reach 13.2 Million Units
In their 15th annual Automotive Study, A.T. Kearney indicates that U.S. auto sales will likely come in at 13.2 million in 2011 and trend to 16 million by 2013. The study highlights pent up demand of 32 million units (new and used) and a 15 million post-recession “newly … [Read More...]