U.S. Car Sales…
(July 1st, 2009 under Automobile Industry , Economic News )Overall, sales continue to decline, which is not a shock. Sales figures for Ford (off 11%), Honda (off 30%) and Nissan (off 23%) were all somewhat better than expected, although still clearly in the red. Sales for GM (off 34%), Toyota (off 32%) and Chrysler (off 42%) were all significantly worse than expected. “Ford, which was passed by Toyota in annual U.S. sales in 2007, outsold the Toyota City-based company for the third straight month and leads the Japanese automaker for the first half of this year.”
Here is a link to the article: http://www.bloomberg.com/apps/news?pid=20601103&sid=aZtaijLG_WOk
Michael
This entry was posted on Wednesday, July 1st, 2009 at 1:36 pm and is filed under Automobile Industry , Economic News .
