Arab Today, arab today automakers post solid us auto sales in august
Last Updated : GMT 14:57:14
Arab Today, arab today
Arab Today, arab today

Automakers post solid US auto sales in August

Arab Today, arab today

Arab Today, arab today Automakers post solid US auto sales in August

Ford Motor said it had its best August US sales
New York - AFP

Automakers posted Tuesday strong US auto sales in August, with sport utility vehicles and pickups continuing to see robust demand amid low gasoline prices and an improving jobs market.

General Motors, the largest US automaker, said it sold 270,480 vehicles last month, a gain of 6.0 percent from August 2014.

"GM's retail sales increase far outpaced the industry in August, and we have grown our retail share for five months in a row compared to last year," said Kurt McNeil, GM's US vice president of Sales Operations, in a statement.

"All of the economic fundamentals that we look at, including job growth, disposable income and fuel prices, are in good shape and that should keep sales strong," he said.

GM said it had adjusted the month's sales for the shifting Labor Day holiday, which left this year's August period with 26 selling days, compared with 27 for last year. In unadjusted numbers, GM's August sales fell 0.7 percent.

Ford Motor said it had its best August US sales in nine years. The number-two US automaker said it sold 234,237 vehicles, a 5.0 percent increase year-on year.

Sales of F-Series pickup trucks jumped 5.0 percent to 71,332 units, the best monthly result since 2006. The company is stepping up production of its new aluminum-bodied F-150 pickup, its most popular vehicle which accounts for almost half its earnings.

Italian automaker Fiat Chrysler Automobiles's US unit, FCA US, said it had its best August sales in the United States since 2002 at 201,672 vehicles, an increase of 2.0 percent from a year ago. The results were driven higher by an 18 percent jump in its Jeep brand.

Japanese auto giant Toyota reported US sales tumbled 8.8 percent to 224,381 units, noting the skewed calendar with one less selling day this year. On an adjusted basis, sales fell 5.3 percent.

Sales of Toyota's signature gasoline-electric hybrid Prius dived 24.2 percent as low gasoline prices at the pump continued to boost demand for bigger gas-guzzlers.

Mid-sized pickup Tacoma and Highlander SUVs had their strongest monthly increase since 2003. Sales of the luxury Lexus brand rose 2.1 percent to 33,487 units in August, its best month ever.

Honda said its US August sales fell 6.9 percent to 155,491 vehicles,

"The shorter sales month versus last year obscures the continued strong sales momentum of core Honda models," said Jeff Conrad, Honda Division senior vice president and general manager.

"We're working hard to keep up with the strong demand for our trucks, while our sedans continue to set the bar for retail sales."

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today automakers post solid us auto sales in august Arab Today, arab today automakers post solid us auto sales in august

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today As Olympics loom, China plunges into snow biz

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom, China plunges into snow biz
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday