Sales rise 5.3% on hardy crossover, truck volume - Automotive News
Numbers in this table are calculated by Automotive News based on actual monthly sales reported by the manufacturers and may differ from numbers reported elsewhere. light-vehicles sales -- fueled by healthy truck demand and gains at most major automakers -- rose 5. 3 percent in July, helping the industry begin the second half of 2015 on a strong note. Light trucks set the pace, rising 13 percent last month, while car demand slipped 2. 7 percent. Ford Motor Co. , Nissan Motor Co. , Honda Motor Co. , General Motors, Fiat Chrysler and Hyundai-Kia all had gains between 5 percent and 8 percent while Subaru scored its sixth double-digit advance of the year. Summer deals, pent-up demand, falling gasoline prices, low interest rates and steady employment gains continue to outweigh sluggish consumer spending and weak wage growth to spur higher new-vehicle demand. “Industry performance should stay strong throughout 2015. ”. With a 5 percent increase, Ford more than doubled the pace of its first-half advance. Nissan set July records for the company and its namesake brand. FCA US ended its streak of monthly sales gains to 64. “The second half of 2015 is off to a great start, with industry sales above expectations,” said. Source: www.autonews.com
