U.S. auto sales hit 15-month high - Dodge Nitro Forum
Chrysler/Dodge/Jeep News Find out the latest scoop here!

 
LinkBack Thread Tools Display Modes
post #1 of 1 (permalink) Old 09-02-2009, 10:26 AM Thread Starter
Super Moderator
 
rickaren's Avatar
 
Join Date: Nov 2006
Location: Indiana
Posts: 22,746
Garage
U.S. auto sales hit 15-month high

U.S. auto sales hit 15-month high

Posted Wednesday, Sep 2, 2009, 12:17 pm in Employee News

Droves of U.S. consumers, propelled by cash-for-clunkers vouchers worth as much as $4,500, helped drive August auto sales to their best performance in 15 months—welcome news after a long period of dismal sales, historic bankruptcies and uncertainty about the future, the Detroit Free Press reported.

Ford Motor Co. delivered the best result among the nation’s largest automakers, with a sales gain of 17.2 percent, the paper said. But General Motors and Chrysler LLC both reported sales declines severe enough to cost them critical U.S. market share, the Free Press said.

Of the more than 1.26 million consumers who bought a new vehicle in August, nearly 58 percent chose a passenger car over a less-efficient pickup, van or SUV—a shift that shows the impact of the clunkers program, the paper said. Typically, car and truck sales are split more closely.

The biggest winners in August were smaller Asian automakers, Subaru and Hyundai, which posted sales increases of 51.5 percent and 47 percent, respectively. Among large automakers, Ford’s performance was followed by Honda, up 9.9 percent, and Toyota, up 6.4 percent, the story said.

The industry’s positive sales results came on the heels of two other optimistic reports—gauging U.S. manufacturing and future home sales—and added to evidence that the recession might be ending and that a recovery might be under way in the auto sector, the paper noted. (Detroit Free Press)

Rick

Nitro Year: 2007 (1 of 91,815 sold in 07)
Nitro Model: R/T 4X4 Stone White
CAT-BACK Exhaust, CAI, Projector Head Lamps
Fully-Equipped w/all factory options
rickaren is online now  
Sponsored Links
Advertisement
 
Reply

  Dodge Nitro Forum > Dodge Nitro News & Polls > Chrysler/Dodge/Jeep News

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Dodge Nitro Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
Chrysler Group LLC reports August U.S. Sales Increases rickaren Chrysler/Dodge/Jeep News 1 09-01-2009 11:43 AM
Ford sales up 2.3 percent in July rickaren Chrysler/Dodge/Jeep News 0 08-03-2009 09:47 AM
Best Retail Month of the Year rickaren Chrysler/Dodge/Jeep News 0 06-02-2009 12:51 PM
Remarks by President Obama on the auto industry rickaren Chrysler/Dodge/Jeep News 0 03-30-2009 12:15 PM
Chrysler Canada has recorded its best May sales month in 10 years rickaren Chrysler/Dodge/Jeep News 0 06-04-2008 11:56 PM

Posting Rules  
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome