Tag archives for Sales & Earnings - Page 8

GM’s June Sales Drop 6.4 Percent, Cadillac Jumps 20.7 Percent

image-778
General Motors is happy with this month’s flat sales numbers – the company’s overall sales were down just six percent. The drop is attributed to 41 percent less sales to fleet companies than last year, meaning that more of the 201,237 vehicles sold went to more consumers than before. It may be a decrease of ...

Midsize Sedan Sales: Chevy Malibu Nearly Topples Toyota Camry in June

image-809
Four of the top ten midsize sedan models will be revamped (or are in the process of being revamped) this year, so there’s a race going on with a few manufacturers to sell through existing inventory. It’s a midsize sedan race with an interesting finishing order, too. Winner: Chevrolet Malibu The Chevrolet Malibu was in seventh place ...

2012 Honda Civic Leads Compact Sales in May, Toyota Corolla a Close Second

image-855
The compact sales race saw more jockeying for the lead in the month of May. This time it was the 2012 Honda Civic that beat out the Toyota Corolla for the sales crown, with the Ford Focus coming in a distant third place to the Japanese heavyweights. The Honda Civic earned its first place slot with ...

Oct. Compact Crossover Sales: Honda CR-V Takes Number One Spot from Ford Escape

image-644
October belonged to the Honda CR-V, which regained its top spot from the Ford Escape, with 20,205 copies sold. It’s still a tight race though, as the Ford Escape trailed the CR-V in October by less than 900 units, at 19,832 CUVs sold. Escape sales declined from August (28,188 units) to September (23,148 copies), and ...

Report: Auto Industry Bailout Could Cost $3.4 Billion More Than Last Estimate

image-762
The U.S. Treasury Department’s estimated cost to taxpayers of the 2009 auto industry bailout has just taken a $3.4 billion jump. While the $21.7 billion estimate at the end of May was lower than the earlier $23.8 billion figure, now the treasury department told congress it expects to lose $25.1 billion – up $3.4 billion ...

Top 10 Best-Selling Vehicles in September 2012

image-699
Sales last month proved yet again that Americans still love their trucks. Through September, the Ford F-Series truck (includes F-150 and Super Duty) was the most popular vehicle in the U.S. with 55,077 units sold, more than 20,000 above the third-place Toyota Camry, which was the best-selling car with 34,252 copies sold. The Chevy Silverado ...

Chevrolet Sonic, Buick Verano Production Idled This Week to Reduce Inventory

image-566
In the face of building inventories of unsold vehicles, General Motors temporarily idled production of the Chevrolet Sonic and Buick Verano this week. According to a GM representative, the automaker halted its Lake Orion, Michigan, plant because “we build to demand.” GM is struggling with high inventories of unsold cars across its lineup, despite continuing strong ...

GM 2012 Sales: Chevrolet Silverado, Volt End Strong – GM Sells One Million 30-MPG Cars

image-558
General Motors reported that it sold just shy of 2.6 million vehicles in 2012, beating its 2011 total volume by 3.7 percent. The automaker finished the year by posting a December 2012 sales gain of 4.9 percent, pushing the automaker to its strongest December sales tally since 2007. GM also noted that it sold one million ...