Post Tagged with: "july"

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China: July sales drop to 17-month low

China: July sales drop to 17-month low

Chinese consumers fearful of the slowing economy and harassed by the stock market rout extended the slowdown in the world’s largest auto market in July, with retail sales sliding 2.5 percent. The tally was the worst for passenger vehicles over the past 17 months as demand was not reignited by […]

Australian sales post record for July

Australian sales post record for July

Deliveries of new autos in Australia surged 2.7 percent last month compared to the same period last year, posting the best level on record for the month as consumer confidence continued to expand towards sport utility vehicles. The Australian Federal Chamber of Automotive Industries’ VFACTS report announced July sales reached […]

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, […]