GM June Sales Climb 16% to Highest Level Since 2008
General Motors delivered 248,750 vehicles in June 2012, a 16% year-on-year rise driven by strong car, crossover and fleet demand across its US brands.
Coverage tagged Sales figures.
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General Motors delivered 248,750 vehicles in June 2012, a 16% year-on-year rise driven by strong car, crossover and fleet demand across its US brands.
General Motors sold 1,760 Chevrolet Volts in June 2012, more than double the previous year’s figure and far ahead of Nissan’s Leaf, which saw sales fall sharply.
Analysts expect US new car sales to reach 1.2 million units in June 2012, up 18% year-on-year, as Toyota and Honda regain ground after last year’s supply disruptions.
General Motors is ramping up production in St. Petersburg and launching 12 new models in Russia, even as it prepares to close its Bochum plant in Germany.
Rolls-Royce Motor Cars has opened new dealerships in Moscow and near Geneva, strengthening its presence in Russia and Switzerland after a record year for global sales.
Analysts expect China's passenger car market to accelerate sharply in 2014, reversing recent slowdowns as subsidies return and urbanisation drives new demand.
Passenger car registrations in Greece fell to just over 5,300 units in May 2012, with commercial vehicles and year-to-date figures also sharply down on 2011.
Hyundai's 2013 Accent arrives in American showrooms with a higher entry price, more standard equipment and fuel economy aimed at budget-conscious buyers.
VW sets out to nearly double its Chinese output, planning new investment and factories to reach 4 million units a year within six years.
Volkswagen Group of America’s chief said US new car sales could rise 20 to 30 percent year-on-year in May 2012, citing a solid industry recovery despite slow economic growth.
Subaru has denied claims that the Tribeca SUV would be discontinued after 2012, insisting production continues for the 2013 model year despite declining sales.
Bentley is preparing to enter the luxury SUV market in 2015, aiming for annual sales of 3,000 units and considering multiple powertrains including a W12, V8 and hybrid.
General Motors resumed Chevrolet Volt assembly in April 2012 following a five-week shutdown aimed at reducing unsold stock, as March sales rebounded to a record for the model.
Hungarian logistics firm Waberer’s International will add 200 Volvo FH trucks to its fleet from May 2012, continuing a long-standing partnership with Volvo Hungaria.
Skoda aims to reach 1.5 million global sales by 2018, with China expected to contribute 500,000 units, over double its 2011 performance.
Volkswagen aims to surpass Toyota and General Motors in worldwide vehicle sales by 2018, setting a target of 10 million annual deliveries and higher profitability.
Nissan and its partner Dongfeng posted a 21.9% sales increase in China for 2011, reaching 1.24 million vehicles despite supply disruptions earlier in the year.
Thai car production is forecast to rebound sharply in 2012, with the Federation of Thai Industries expecting output to hit two million vehicles after last year’s flood-induced slump.
Volkswagen’s Golf led European car sales in 2011 with 484,547 units, outselling rivals including the Polo, Ford Fiesta, and Opel/Vauxhall Corsa despite an overall dip in the company’s sales.
Chinese carmakers exported 814,300 vehicles in 2011, with Chery, Great Wall and JAC driving growth by finding sales beyond traditional Middle Eastern markets.
Volkswagen's Golf led European car sales in 2011 with 484,547 units, despite a slight decline, as the sixth-generation model neared its replacement.
Sales of diesel-powered cars in the United States climbed by more than a quarter in 2011, with manufacturers set to launch additional diesel models in the coming years.
Alfa Romeo registered 11,563 new cars in the UK in 2011, marking its strongest British sales performance in nearly a decade despite an overall market downturn.
Wider state availability and new US production are expected to help Nissan target at least 20,000 Leaf sales in America this year, up from 9,674 in 2011.