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U.S. auto sales were expected to drop slightly in July. The weather was unusually hot and probably this kept buyers at home. According to sales figures for July, the substantial growth that lasted for more than five years in the resurgent U.S. automobile industry might finally be leveling off. Gains by Nissan and Honda last month were overshadowed by declines at the world's three largest automakers – Ford, General Motors and Toyota. Overall, U.S. auto sales increased by only 0.7 percent. The data shows that sales declined by 3 percent at Ford Motor Co., in July, 4 percent ...
Ford has reported a 9% drop in second quarter last week, this is how the auto industry analysts got scared that car sales will slow down after 7 years of prosperity. Now the official U.S. sales have aired and it seems that the industry has really reached a plateau. Company July 2015 July 2016 % Increase Fiat Chrysler A. 181,081 181,538 0.30%Ford Motor Company 222,014 215,268 -3.00%General Motors 272,512 267,258 -1.90%Mazda North America 27,157 27,915 2.80%Honda Motor C...
Toyota Corolla is the new big hit in the auto industry, the new model has ended the Hyundai 130's record four-month winning streak. After the Korean car brand has removed the discount of $7500 on Hyundai models, it was pretty obvious that a new king-car is gonna take its place and this time it's Corolla. An 11-year sales high in June across all small vehicles has been posted by Hyundai i30, but it took a massive down this month by a staggering 65 per cent, from 6400 to just 2200. Hyundai costs at around $19,990 with its big discount, but once the discouns was done ...
We are all waiting for the July car sales report to be revealed at the beginning of August, it is expected to set the stage for a robust second half of the year in dealer showrooms, according to our monthly forecast. We consider that it will be the best July for the last 11 years. The sales for this month will reflect a 0.7% increase from June 2016 and a 0.8% increase from July 2015, it means it will result in an estimated seasonally adjusted annual rate of 17.8 million. July sales suggest that 2016 is gonna be a great month for car sales just like last year's record-setting sal...
There was nothing casual for Nissan choosing Dallas as the place to present the new 2017 Pathfinder crossover this month. Nissan North America Chairman Jose Munoz explains that Texas is very important to them, it is the second-largest market, after Ca. “We have thousands of employees and their families here. It's important that we continue to do well here. We want to make people aware that we are here and will continue to see good growth in Texas."---Said Munez. But Toyota seems as a big rock in Nissan’s growth strategy in Texas, and especially in the Dallas...
