Post Tagged with: "july"

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US: Ford manages to stop pickup decline

US: Ford manages to stop pickup decline

Ford, the second largest US automaker, counts on the F-Series to cover most of its profit, so the recent negative results over the past months were spurring investor worries over the “moneymaker”. But with two truck factories in the US now finally at peak production capacity, Ford posted a massive […]

US: July auto deliveries rise briskly for Detroit Three

US: July auto deliveries rise briskly for Detroit Three

With the hot summer yielding equally scorching auto deliveries, the top three automakers from Detroit managed to post gains that overcame even the analyst predictions, signaling the continued strength of the US auto industry. General Motors, the largest US automaker managed to rise 6.4 percent, thoroughly trumping expectations form analysts […]

US: auto sales in July hit booming pace

US: auto sales in July hit booming pace

New vehicle sales have kept their brisk pace last month in the US, the second largest auto market in the world, with automakers posting robust year-over-year increases as the seasonally adjusted annual rate of sales, or SAAR, approached the 18 million units threshold. General Motors, Chrysler, Ford, Nissan, Lexus, Audi, […]

US: the auto sales boom is healthy and willing

US: the auto sales boom is healthy and willing

Thanks to the perfect chemistry of having access to easy crediting options, sliding gasoline prices and more than enough pent up demand from the recession the US auto sales are healthy and happy. On Monday the July vehicle sales are expected to hit an annual sales rate – adjusted for […]

US: scorching summer sees hot auto sales in July

US: scorching summer sees hot auto sales in July

New vehicle deliveries are forecasted to remain strong in July as the overall US auto industry is heading towards its best year in a decade even as uncertainty grows because the country’s economic growth is now slowing. According to forecasts from Kelley Blue Book and J.D. Power, deliveries of new […]

VW’s new brand chief starts work in July

VW’s new brand chief starts work in July

According to Volkswagen AG, the world’s second largest automaker and the biggest in Europe, the core passenger-car brand will have a new chief – ex-BMW executive Herbert Diess – three months earlier than expected, from July. Volkswagen previously stated that Diess, 56, would start on October 1, but the new […]

UK: July exports rise to new record

UK: July exports rise to new record

Thanks to the introduction of new models and demand for high-end vehicles, production levels in Britain in July rose almost 3%, leading to the best ever July in terms of car exports. According to UK’s auto industry body, the Society of Motor Manufacturers and Traders (SMMT), which has kept records […]

GM and Ford love China

GM and Ford love China

The world’s largest auto market has done marvels for the first and second biggest US automakers, both enjoying incredible sales figures as they expand their presence locally with new plants and models. Last month brought new record sales for both GM and Ford. The first said its joint ventures there […]