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We know what a success presents the steady growth of American automobiles market, and the most important thing here is that last year auto makers have even set a record by selling more than 17.4 million new cars. Now, the consumer demand is slowly reducing after six consecutive years of rising sales, the industry might be near collapse because of the financial crisis, and car companies are put in pressured situations. The results for this month are expected to appear on Tuesday, car companies might lose their investors if the sales will be lower than the previous month. ...
While General Motors struggles to stay afloat with its sales that seem to be declining at the wake of every month, Ford Motor Company maintains a positive momentum and records a a solid 6.4% increase in U.S. deliveries. Ford made a lot of sales from the increased sales of vehicles and more so of the full-size pickups. There is also a higher demand for Ford’s F-Series lineup having sold more than 70,000 F-Series trucks this June. Ford has to profit from the increasing consumer preference for larger vehicles. However, Ford’s sales to car rental companie...
U.S. auto sales this year have reached 17.5 million vehicles from 17.8 million, which means the demand is slowing down from individual buyers. The U.K.'s decision to leave Europe Union has left a big fingerprint on U.S' sales and it is already being felt because of the low demand on autos. Considering the deliveries last month were at a seasonally adjusted annual rate of 16.6 million, the analysts consider it is an impact of Brexit's decision. The softness in used cars must be also remembered, because people started to buy more used cars than in previous years. The ...
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...
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...
