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Of course when we're talking about U.S. car sales we can say that even though they get higher, they have reached a peak, but speaking about the overall auto sales in the whole world we need to accentuate that it goes better than ever now. Global vehicle sales have risen 5% through July. This improvement reflects a modest acceleration among the G7, especially Western Europe, as well as rebound in purchases across emerging markets. These gains are expected to moderate through the year-end, but specialists suggest us that this strengthening will continue through 2017 as well. Sale...
Sales of GM’s mainstream vehicle brand, Chevrolet, decreased in the United States and Canada in July 2016. In the U.S., Chevrolet sales decreased 5.28 percent to 178,820 units. There were 26 selling days in July 2016 and 25 selling days in July 2015. July 2016 retail sales were up 3 percent, or 4,463 units, year-over-year to 154,305 units, representing 86.3 percent of total Chevy sales for July 201 month. That compares to 149,842 retail sales in July 2015, which was 79.4 percent of total Chevrolet sales. GM’s continued focus on profitable retail sales enabled Chevrolet t...
The Honda Civic broke a July sales record set in 2013, rising 5.8 percent on sales of 32,952 units Accord sales again topped 30,000 units, keeping sales of Honda's three core models on track to top 1,000,000 units for the fourth consecutive year. Increases for both Fit and HR-V topped 25 percent in July while Pilot gained 8 percent. Pilot and HR-V also were up as Honda trucks set a new all-time sales mark for the month. The new Civic continued its remarkable run with another record month in July. CR-V sales rose to an all-time monthly record of 36,017 sales in July, an increase of 13.3 per...
The U.S. automotive industry has been through a rough few years filled with massive recalls, congressional hearings, record fines, and allegations, at times, of a careless, shoddy approach to safety. Still, this does not prevent them to buy cars and trucks at record levels and at record prices. John Humphrey, senior vice president of J.D. Power’s global automotive practice, said that the number of recalls is very big and yet the industry is selling more cars than ever. Legendary consumer safety advocate Ralph Nader said that the cars are much safer, less polluting, modestly f...
As it was revealed after, US markets didn't do much in Friday's trading session. Weakness in US retail sales is already being felt, from an economic perspective the retail sales data wasn't to healthy. Sales for the month of July were flat, against expectations of a 0.4% gain. Excluding car sales, retail spending dropped 0.3%. The US car market looks like is betting it will never get to the end of it. There are always reasons for “data-dependent” to hold off. That is the reason why stocks are trading at-all time highs, even while the economy limps along like ...
