Auto sales surge in July thanks to pickups and SUVs; industry on pace for best ... - New York Daily News
The industry kept on course for its best year in more than a decade last month after a disappointing June, driven by deliveries of SUVs and pickups as car sales lagged. Most major carmakers handily beat estimates, with the average analyst projection putting the annual selling pace at about 17. 2 million vehicles, which would be the highest total since 2001. “Pickups and SUVs continue to keep new-car sales... 10 MOST IMPORTANT NEW CARS OF 2016. Buyers spent a record $47 billion on new vehicles in July, a 2. 1% increase from last year, according to automobile pricing site TrueCar. Ford, which saw sales sputter in the first half of the year as the company faced production — and perception — problems transitioning its bestselling F-150 truck to a lighter aluminum body, reported a better-than-expected 5% jump in sales last... General Motors rose 6% as its Chevrolet, Buick, GMC and Cadillac brands had their best combined July since 2007. 10 BEST CARS, TRUCKS, AND SUVs FOR A SUMMER ROAD TRIP. Sales of GM’s pickups soared 51%, led by the midsize Colorado. Source: www.nydailynews.com
