Arab Today, arab today carmakers rack up big gains in 2013 us sales
Last Updated : GMT 07:33:41
Arab Today, arab today
Arab Today, arab today

Carmakers rack up big gains in 2013 US sales

Arab Today, arab today

Arab Today, arab today Carmakers rack up big gains in 2013 US sales

Chicago - AFP

Major automakers closed out 2013 with mixed results for December US sales Friday, as the booming auto industry racked up its best annual performance in years. "The auto industry was a consistent bright spot in the economic recovery throughout 2013," said Bill Fay, general manager of the Toyota division.  "We expect the economy will continue to gain strength in 2014, with car sales rising to pre-recession levels." Total industry sales rose 7.6 percent to 15.6 million vehicles in 2013, according to Autodata. The last time annual US auto sales topped 15 million vehicles was in 2007. They slowly recovered to 14.8 million in 2012 after crashing to a low of 10.6 million in 2009 as a result of the financial crisis, which pushed the industry into a deep downturn. In the 14 years prior to the 2008 crash, annual US auto sales had ranged from 15 to 17 million vehicles. "2013 was the year that GM and the auto industry put the last traces of the recession in the rearview mirror," said General Motors US sales chief Kurt McNeil. "Now we can devote our full attention to the things that matter most to customers: compelling design, world-class quality and delivering the best ownership experience in the business." December sales were weaker than expected as a result of brutal winter storms and Thanksgiving discounts which had drawn shoppers to showrooms in November, McNeil said in a conference call. GM reported a seven percent increase in 2013 US sales to 2.8 million vehicles despite a six percent drop in December sales to 230,157. Ford posted its best annual performance since 2006 as US sales jumped 11 percent to 2.5 million vehicles in 2013. December sales rose a more modest two percent from the same period a year ago to come in at 218,058. "December was a strong close to an even better year for Ford," sales chief John Felice said. "We saw strong growth across the entire Ford lineup and made significant gains in the import-dominated coastal markets." Toyota posted a seven percent gain in 2013 as US sales rose to 2.2 million vehicles -- despite a two percent drop in December sales to 190,843. Chrysler reported its 45th consecutive month of gains as December US sales rose six percent to 161,007. Its 2013 sales were up nine percent at 1.8 million. Honda managed to top the record it set last December as US sales grew two percent to 135,255 vehicles. Its 2013 sales rose seven percent to 1.5 million, the Japanese automaker's second highest annual tally. "Breaking our December sales record is a great way to finish a near-record year," said American Honda sales chief John Mendel. "In a hotly competitive market, where every manufacturer brought their best products, our core models demonstrated significant growth without having to resort to fleet sales to drive volume as some of our competitors do." Nissan posted its best annual US sales ever with a nine percent increase to 1.2 million vehicles. Its December sales were up 11 percent from the previous year at 109,758. Hyundai's sales were up five percent for the year at 720,783 after gaining six percent in December to 63,005 while Kia sales rose three percent to 535,179 in 2013 after falling 14 percent in December to 33,631. Volkswagen bucked the upward trend by posting a seven percent drop in annual US sales to 407,704 vehicles in 2013, while December sales fell 23 percent to 34,015. But the German automaker celebrated the fact that -- for the first time in 40 years -- it managed to sell more than 400,000 vehicles in back-to-back years and nonetheless posted its second best US December performance since 1972. "Volkswagen is now operating at a new plateau," Mark McNabb, chief operating officer of Volkswagen of America, said in a statement. "We are well positioned for our next phase of growth to come over the next few years."

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 carmakers rack up big gains in 2013 us sales Arab Today, arab today carmakers rack up big gains in 2013 us sales

 



Arab Today, arab today
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Blind sheikh buried in Egypt

GMT 06:32 2017 Thursday ,23 February

Blind sheikh buried in Egypt
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 16:50 2017 Wednesday ,22 February

Yahoo salvages Verizon deal

GMT 15:47 2017 Wednesday ,22 February

Airbus faces challenges as it enters new era

GMT 11:47 2017 Wednesday ,22 February

Toshiba skyrockets over 22% on chip unit sale hopes

GMT 11:31 2017 Wednesday ,22 February

Bayer says Monsanto deal on track, eyes record 2017

GMT 10:49 2017 Wednesday ,22 February

Airbus says profits hit by military plane woes

GMT 06:43 2017 Wednesday ,22 February

LuLu festival offers a taste of Egypt
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Salma Rashid happy for 'A Whisper of Love'

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
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