
Ford Motor Co. has its first rise in U.S. sales in 19 months in July and most of its competitors pared reduced because the Federal Government in cash clunkers helped promote the industry, at the request of with the highest rate this year.
Subaru and Hyundai-Kia have their biggest monthly gains of the year resulted in sales for the entire industry 12.2 percent, the smallest decline since May 2008. The percentage decreases with other vehicles – including General Motors, Toyota Motor Sales, Chrysler Group and American Honda – were the lowest for 2009.
The annualized, seasonally adjusted number of marketing rate rose to 11.1 million U.S. Dollar, the highest level since September, and the seal 10 million U.S. Dollar for the first time this year. Over the last week in July, according to the incentive clunkers officially launched, in May to over 15 million U.S. Dollar, Ford’s sales analyst George Pipas said.
“The legs in the economy are not strong enough to hold a 15 or 16 million sales rate,” Pipas said a conference call. Even if the Congress program extended clunkers This rate is not sustainable, in particular, that unemployment will continue to rise, “he says.” There is always a very fragile. ”
Focus, Fusion
The small cars from Ford and lower fuel trucks win pace. Sales of the Focus were up 44 percent, and the pooling of the deliveries by 66 percent. The SUV Escape, a hybrid version, almost doubled, and the Ranger small vans increased by 65 percent.
The Volkswagen brand sales slightly upward from 0.7 percent. More than 3300 – or about 16 percent – of those deliveries were for the cash-for-clunkers program, said the vehicle manufacturer.
The models with diesel engines account for more than 30 percent of sales, VW said. A diesel fuel are generally around 20 to 30 percent higher than a gasoline engine.
Cash-for-clunkers incentives in July sales of 150,000 units and about 1 million units for sale rate, said Mike DiGiovanni, general manager of GM on the world and analysis of a call to journalists.
“This will be reflected in the industry, a good ability for the first time to an increase in production, the increase of unemployment,” said DiGiovanni. “Cash for clunkers start the economy.”
GM’s sales decline of 19.4 percent for the month, the first 10 days that were spent in bankruptcy.
Nissan is
Nissan said that its sales by 24.6 percent, the strongest decrease of one of the seven largest auto manufacturers in the United States. This is compared to a gain of 8.5 percent in July 2008, at which she was the only group in advance.
American Honda’s sales by 17.3 percent for the automotive industry, the smallest decline since August. However, the Honda Civic has 3.1 percent of sales, and the CR-V crossed the deliveries by 9.9 percent.
Honda surpassed most of its competitors in July 2008 to see sales decline by 1.6 percent from 1.4 percentage points of market share gain to 2007 per month. Honda has made the average of the United States, gas prices in July this year at $ 4.11 per gallon regular unleaded, according to AAA.
DaimlerChrysler sales fell by 24.2 percent from March smallest slide. The results included a 44.6 percent slide for the Mini brand Smart, which also have high prices for gasoline last year.
Hyundai-Kia Automotive cutting up 9 percent from its profit of 8.9 percent in January this year their best. Increase of 11.9 percent for the Hyundai brand has its plant in Montgomery, Alabama, for a period of five days per week of work after a short time since mid-October, says the company.
Toyota reported a decrease of 11.4 percent and Chrysler by 9.4 percent.
Fund short
The initiative has its clunkers exhaustion of 1 billion U.S. dollar federal funds. The incentive offers good $ 3,500 to $ 4.500 for the consumer, the trade in Gas Guzzlers for the new vehicles with better fuel economy.
The Obama said he respects the program by clunkers Tuesday. The U.S. House of Representatives, however, is already $ 2 billion for the expansion of the money clunkers, and the Senate is on the situation in this week.
Dealers said Ben Freeland Chevrolet clunkers incentive business has its best vehicle nine months since he bought in late October under the Act Heard Enterprises stores s 14 of the bankruptcy settlement.
“We have many trucks on trade in cars, so that the program has in my mind that the plan was for him,” said Freeland. “Most of these sales were sitting on waiting for to start the program, not the train before the sale.”
Freeland commercial sale of about 70 new vehicles in July. About 15 or 20 species have been clunkers for sale, he said, adding: “I think it is stimulating to the whole market.”