Detroit three navigate the August sales to positive results - Ledger Gazette
Sales figures for August released Tuesday by Sweden’s Volvo Cars tell the story: Volvo’s U. S. vehicle sales jumped 18. 3 percent as the new XC90 SUV went on sale, and they rose 6. 5 percent in Europe. KBB forecast Ford Motor Co (F. N) sales up 0. 7 percent while Edmunds predicted Ford up 0. 3 percent. “In steady-state environments, it’ll make me $28 to $30 billion”, at a seasonally adjusted annual selling rate of 17 million new cars and trucks in the U. S. Year over year, sales rose 2% at Fiat Chrysler Automobiles N. V. (NYSE: FCAU) in August... “In spite of a tough 2014 comparison and extreme stock market volatility, our dealers’ competitive spirit kicked in and propelled us to our 65th consecutive month of year-over-year sales increases”, Reid Bigland, head of sales for the unit... Challenger sales were up 25 percent as the muscle auto logged its seventh sales record this year. Source: www.ledgergazette.com
