Posts Tagged ‘S Sales’
Ally Wahlberg asked:
General Motors Corp.’s woes continue as its sales plunged in June no thanks to the ongoing sagging demand for its small cars and to Toyota Motor Corp.’s aggressive discounting which hurt sales of GM pickups.
GM suffered the biggest monthly decline among the major automakers, with sales down 21.3 percent in a market that was slightly weaker than the previous June.
Fellow Detroit automaker Ford Motor Co.’s sales were down 8.2 percent, for an eighth consecutive monthly decline, and DaimlerChrysler AG’s sales slipped 1.8 percent.
It was a different story though, for Japan’s leading automakers which all reported big gains.
Toyota put the Tundra’s launch back on track with big discounts. A report by Edmunds.com said that demand for the giant Japanese automaker’s first full-size truck wasn’t meeting the company’s annual sales target of 200,000 units but it all but turned around after Toyota offered no-interest loans and other incentives amounting to $5,083 per pickup. The move resulted in Tundra sales that more than doubled to 21,727 last month.
“The only large truck with a higher level of incentives in June than the Tundra was the (Dodge) Ram,” said Alex Rosten, manager of pricing and market analysis at Edmunds.com. “Everybody else was lower.”
Meanwhile, GM’s truck sales dived 22.9 percent – this despite the incentives offered by the automaker averaging less than $3,700 last month to its relatively new GMC Sierra and Chevrolet Silverado pickups. Sales of the GMC Sierra pickup fell 26.5 percent, while sales of the Chevrolet Silverado declined by 23.5 percent.
In contrast to its bigger Detroit rivals, Chrysler reported a 58.2 percent climb in car sales, reflecting big gains for the Chrysler Sebring and 300 sedans, while its light trucks volumes dropped 14.9 percent. Chrysler’s overall sales were down 1.4 percent.
It was the U.S. market’s shifting away from trucks and toward more fuel-efficient cars that helped Japan’s leading automakers. As of last month, car sales accounted for 49.3 percent of light vehicle sales, up from 47.7 percent in 2006.
Sales of Honda Motor Co. – also maker of top of the line Honda antenna mast, climbed 11.5 percent in June, while Nissan’s numbers jumped 22.7 percent, thanks to the strong sales of its Altima and Sentra cars.
Toyota continues to gain momentum, as its sales increased 10.2 percent to 245,739, putting it just 200 units behind Ford in June. The giant Japanese automaker’s Yaris, Camry and Prius gas-electric hybrid cars all recorded strong sales gains as gas prices averaged more than $3 a gallon.
U.S. passenger car market held steady in June, edging up 0.2 percent. GM’s car sales however, were down 20.1 percent.
Some industry analysts attribute the low sales to some of GM’s small cars which are aging and others which are not competitive.
GM seems to already know this is the case, “It’s a category where we haven’t been doing as well as we should be,” Paul Ballew, GM’s director of industry analysis said.
General Motors Corp.’s woes continue as its sales plunged in June no thanks to the ongoing sagging demand for its small cars and to Toyota Motor Corp.’s aggressive discounting which hurt sales of GM pickups.
GM suffered the biggest monthly decline among the major automakers, with sales down 21.3 percent in a market that was slightly weaker than the previous June.
Fellow Detroit automaker Ford Motor Co.’s sales were down 8.2 percent, for an eighth consecutive monthly decline, and DaimlerChrysler AG’s sales slipped 1.8 percent.
It was a different story though, for Japan’s leading automakers which all reported big gains.
Toyota put the Tundra’s launch back on track with big discounts. A report by Edmunds.com said that demand for the giant Japanese automaker’s first full-size truck wasn’t meeting the company’s annual sales target of 200,000 units but it all but turned around after Toyota offered no-interest loans and other incentives amounting to $5,083 per pickup. The move resulted in Tundra sales that more than doubled to 21,727 last month.
“The only large truck with a higher level of incentives in June than the Tundra was the (Dodge) Ram,” said Alex Rosten, manager of pricing and market analysis at Edmunds.com. “Everybody else was lower.”
Meanwhile, GM’s truck sales dived 22.9 percent – this despite the incentives offered by the automaker averaging less than $3,700 last month to its relatively new GMC Sierra and Chevrolet Silverado pickups. Sales of the GMC Sierra pickup fell 26.5 percent, while sales of the Chevrolet Silverado declined by 23.5 percent.
In contrast to its bigger Detroit rivals, Chrysler reported a 58.2 percent climb in car sales, reflecting big gains for the Chrysler Sebring and 300 sedans, while its light trucks volumes dropped 14.9 percent. Chrysler’s overall sales were down 1.4 percent.
It was the U.S. market’s shifting away from trucks and toward more fuel-efficient cars that helped Japan’s leading automakers. As of last month, car sales accounted for 49.3 percent of light vehicle sales, up from 47.7 percent in 2006.
Sales of Honda Motor Co. – also maker of top of the line Honda antenna mast, climbed 11.5 percent in June, while Nissan’s numbers jumped 22.7 percent, thanks to the strong sales of its Altima and Sentra cars.
Toyota continues to gain momentum, as its sales increased 10.2 percent to 245,739, putting it just 200 units behind Ford in June. The giant Japanese automaker’s Yaris, Camry and Prius gas-electric hybrid cars all recorded strong sales gains as gas prices averaged more than $3 a gallon.
U.S. passenger car market held steady in June, edging up 0.2 percent. GM’s car sales however, were down 20.1 percent.
Some industry analysts attribute the low sales to some of GM’s small cars which are aging and others which are not competitive.
GM seems to already know this is the case, “It’s a category where we haven’t been doing as well as we should be,” Paul Ballew, GM’s director of industry analysis said.
carazoo.com asked:
The fuel prices and even the car in India are going high but still it has not stopped common man owning a car. They still walk into a car showroom and drive home his set of dream wheels. During the during financial year 2007-08, most car companies made good sales in India than earlier and one of the one big reason for this is the onslaught of new models hitting Indian roads.
Every car brands provide several options with attractive offers to their customers that they that the customers have flock to car showrooms and the numbers tell the story. Maruti Suzuki sales chart saw a strong growth of 12 percent. While small cars segments continued to dominate the company’s sales with a 13.4% growth, its brand new Maruti SX4 sedan helped it break the domination of Honda City in the mid-size sedan category.
Fiat also saw a good sale after the distribution tie-up with Tata Motors. The company sold t 3379 units sold over the year and is yet to go a long way to go to make its presence stronger and the newly launched diesel Palio with the 1.3 liter Multijet engine and the upcoming Linea and Grande Punto may take up the credit for their sales figure. With Mahindra Renault Logan launch M&M added another feather to their hat.
Not all the car-manufacturers saw a sales growth, there was a dip in Tata motors sales as the makers didn’t have any thing new to offer to their customers. But their new portfolio includes the new Indica and the much-awaited Nano. The export sales have taken over the domestic sales. Maruti Suzuki and Hyundai to make India their export hub have been vindicated by the fact that the rate of export growth outpaced that of domestic sales.
During the year 2007-08, Maruti Suzuki which exported 53,024 units and was reported to be the highest ever figure in the company’s history. Exports grew by 34.9 per cent during the year. Maruti’s export strategy is to replicate its success in India. Maruti Suzuki also tied up with the Adani Group for a mega car terminal at Mundra Port which will start its operations by this year end.
Hyundai remains the largest car exporter with the annual export of 1,44,442 vehicles, which contributes about 40 per cent of the total sales of Hyundai Motors India, which is considered the small car export hub of the Korean carmaker.
Though the total export figure is just a little more than 12,000 for SUV maker Mahindra, it translates into a 54 per cent increase in its overseas sales. The Scorpio forms three-fourths of the company’s total exports.
The fuel prices and even the car in India are going high but still it has not stopped common man owning a car. They still walk into a car showroom and drive home his set of dream wheels. During the during financial year 2007-08, most car companies made good sales in India than earlier and one of the one big reason for this is the onslaught of new models hitting Indian roads.
Every car brands provide several options with attractive offers to their customers that they that the customers have flock to car showrooms and the numbers tell the story. Maruti Suzuki sales chart saw a strong growth of 12 percent. While small cars segments continued to dominate the company’s sales with a 13.4% growth, its brand new Maruti SX4 sedan helped it break the domination of Honda City in the mid-size sedan category.
Fiat also saw a good sale after the distribution tie-up with Tata Motors. The company sold t 3379 units sold over the year and is yet to go a long way to go to make its presence stronger and the newly launched diesel Palio with the 1.3 liter Multijet engine and the upcoming Linea and Grande Punto may take up the credit for their sales figure. With Mahindra Renault Logan launch M&M added another feather to their hat.
Not all the car-manufacturers saw a sales growth, there was a dip in Tata motors sales as the makers didn’t have any thing new to offer to their customers. But their new portfolio includes the new Indica and the much-awaited Nano. The export sales have taken over the domestic sales. Maruti Suzuki and Hyundai to make India their export hub have been vindicated by the fact that the rate of export growth outpaced that of domestic sales.
During the year 2007-08, Maruti Suzuki which exported 53,024 units and was reported to be the highest ever figure in the company’s history. Exports grew by 34.9 per cent during the year. Maruti’s export strategy is to replicate its success in India. Maruti Suzuki also tied up with the Adani Group for a mega car terminal at Mundra Port which will start its operations by this year end.
Hyundai remains the largest car exporter with the annual export of 1,44,442 vehicles, which contributes about 40 per cent of the total sales of Hyundai Motors India, which is considered the small car export hub of the Korean carmaker.
Though the total export figure is just a little more than 12,000 for SUV maker Mahindra, it translates into a 54 per cent increase in its overseas sales. The Scorpio forms three-fourths of the company’s total exports.
carazoo.com asked:
The fuel prices and even the car in India are going high but still it has not stopped common man owning a car. They still walk into a car showroom and drive home his set of dream wheels. During the during financial year 2007-08, most car companies made good sales in India than earlier and one of the one big reason for this is the onslaught of new models hitting Indian roads.
Every car brands provide several options with attractive offers to their customers that they that the customers have flock to car showrooms and the numbers tell the story. Maruti Suzuki sales chart saw a strong growth of 12 percent. While small cars segments continued to dominate the company’s sales with a 13.4% growth, its brand new Maruti SX4 sedan helped it break the domination of Honda City in the mid-size sedan category.
General Motors (GM) also faced a good sales growth and the credit goes to the new model Chevrolet Spark coupled with some customer incentives and attractive offers. Fait follows next
which saw a revival in sales after the distribution tie-up with Tata Motors. The company sold t 3379 units sold over the year and is yet to go a long way to go to make its presence stronger and the newly launched diesel Palio with the 1.3 liter Multijet engine and the upcoming Linea and Grande Punto may take up the credit for their sales figure.
Another attraction during the year was an entry level sedan- Mahindra Renault Logan. Tata motors saw a decline in its sales because it didn’t have any thing new to offer to their customers. But their new portfolio includes the new Indica and the much-awaited Nano. The export sales have taken over the domestic sales. Maruti Suzuki and Hyundai to make India their export hub have been vindicated by the fact that the rate of export growth outpaced that of domestic sales.
Tata Motors, the overseas sales also saw a positive growth of three percent with its trucks and passenger cars. Hyundai remains the largest car exporter with the annual export of 1,44,442 vehicles, which contributes about 40 per cent of the total sales of Hyundai Motors India, which is considered the small car export hub of the Korean carmaker.
During the year 2007-08, Maruti Suzuki which exported 53,024 units and was reported to be the highest ever figure in the company’s history. Exports grew by 34.9 per cent during the year. Maruti’s export strategy is to replicate its success in India. Maruti Suzuki also tied up with the Adani Group for a mega car terminal at Mundra Port which will start its operations by this year end.
Though the total export figure is just a little more than 12,000 for SUV maker Mahindra, it translates into a 54 per cent increase in its overseas sales. The Scorpio forms three-fourths of the company’s total exports.
The fuel prices and even the car in India are going high but still it has not stopped common man owning a car. They still walk into a car showroom and drive home his set of dream wheels. During the during financial year 2007-08, most car companies made good sales in India than earlier and one of the one big reason for this is the onslaught of new models hitting Indian roads.
Every car brands provide several options with attractive offers to their customers that they that the customers have flock to car showrooms and the numbers tell the story. Maruti Suzuki sales chart saw a strong growth of 12 percent. While small cars segments continued to dominate the company’s sales with a 13.4% growth, its brand new Maruti SX4 sedan helped it break the domination of Honda City in the mid-size sedan category.
General Motors (GM) also faced a good sales growth and the credit goes to the new model Chevrolet Spark coupled with some customer incentives and attractive offers. Fait follows next
which saw a revival in sales after the distribution tie-up with Tata Motors. The company sold t 3379 units sold over the year and is yet to go a long way to go to make its presence stronger and the newly launched diesel Palio with the 1.3 liter Multijet engine and the upcoming Linea and Grande Punto may take up the credit for their sales figure.
Another attraction during the year was an entry level sedan- Mahindra Renault Logan. Tata motors saw a decline in its sales because it didn’t have any thing new to offer to their customers. But their new portfolio includes the new Indica and the much-awaited Nano. The export sales have taken over the domestic sales. Maruti Suzuki and Hyundai to make India their export hub have been vindicated by the fact that the rate of export growth outpaced that of domestic sales.
Tata Motors, the overseas sales also saw a positive growth of three percent with its trucks and passenger cars. Hyundai remains the largest car exporter with the annual export of 1,44,442 vehicles, which contributes about 40 per cent of the total sales of Hyundai Motors India, which is considered the small car export hub of the Korean carmaker.
During the year 2007-08, Maruti Suzuki which exported 53,024 units and was reported to be the highest ever figure in the company’s history. Exports grew by 34.9 per cent during the year. Maruti’s export strategy is to replicate its success in India. Maruti Suzuki also tied up with the Adani Group for a mega car terminal at Mundra Port which will start its operations by this year end.
Though the total export figure is just a little more than 12,000 for SUV maker Mahindra, it translates into a 54 per cent increase in its overseas sales. The Scorpio forms three-fourths of the company’s total exports.