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It seems to us that people have finally realized the importance of light trucks, and SUV's considering this month the auto sales have risen thanks to these cars. Across, the industry June sales hit a new record for the month, rising 7.4% to 191,088 on an annual basis. It's incredibly important to notice that the sales on trucks, SUV's and vans have grown not for 4-5% but for 14% at one time, which of course is a big step for automakers. Yeah, of course we are deeply sad for the sedans sales considering they fell 2.9% but even that didn't change the thing that we stepped into an...
Experts say that the American automotive industry is on pace for a second consecutive year of record sales in 2016. June sales were up again, even if the speed of the sales growth slowed: new car and truck sales in the United States through June were up 1.5 percent.Passenger car sales are down 7.5 percent through June. The sales are being driven by hot-selling pickups, sport utility vehicles and crossovers. Through the first half of the year, light-duty trucks, which include some SUVs and crossovers, accounted for about 58 percent of sales. Analyzing the results of this fi...
Isn't this year a good one for U.S auto sales? Well, even if many surveys and predictions put the industry under the question “will it work this time”, it seems like we are halfway to another record year. As the first half of the year has finished we've come to get some positive results, the 2016 auto sales are up 1.4% from a year ago. Isn't it a sign that the market is reaching a plateau after rebounding from the depths of recession with six consecutive years of hefty growth? It's important to notice that considering all the negative expectations every y...
According to analysts and industry executives when auto dealers reveal their reports for June, the results will not have any impact from Great Britain's June 23 decision to leave EU. Even with this sad news the job growth and consumer confidence remain strong and credit is freely available. One company that will likely report that has lost sales market will be General Motors, it continues to wean itself from low-margin sales to rental agencies and concentrate on more profitable sales to consumers. The GM vice president of U.S. sales operations says that that he sees a seasonally...
After a controversial May for U.S. auto sales, comes June that seems to be more resultative and that is expected to rise the number of new vehicles sold about 5 percent from a year ago. Analysts say that July should also get off to a good start as Independence Day weekend typically sees aggressive sales promotions.This year June has one more selling day than it did in 2015. The forecasts represent the highest volume for June since 2005 and a seasonally adjusted, annualized selling rate of 16.9 million to 17.2 million. We will have real sales results for June on Friday when autom...
