Tuesday, September 14, 2010

Auto Sales for the Month of July 2010

Along with the increment in the productions of the auto industry the sales of the auto industry also developed. When we take the case of the world's leading nation U.S, the auto sales increased by 5% in the month of July.

July 2010 is considered as the eighth consecutive month for the growth when compared to the earlier levels and the growth is recorded as the lowest percentage growth since November 2009.


Only the companies, General Motors and Chrysler sales have posted their growth in the sales are around 5% each and the other two companies Toyota Motor Company and the Honda Motor company sales did not increase because of the government funded bankruptcies. Apart from the above companies, the companies like Nissan Motor and Hyundai motors rose their sales and they are 15% and 19% respectively. Even the sales of the Ford also got increased by just around 3%.


Among all the auto industries in U.S, Hyundai is considered as the fastest growing major automaker. Where as, the Toyota sales dropped by 3%. Honda sales are also decremented by 2%. While, the General Motor sales rose by 5%. 5% gain was recorded by Chrysler. According to the Edmunds tracking firm, Nissan left out with many incentives and had a strong growth. According to Auto data Corp. the overall sales rose by only 5% from July 2009 which is around 1 million vehicles.


Thus according to auto news, on the whole the best popular automakers for the month July 2010 are considered as General Motors, Ford, Toyota, Honda, Chrysler and Hyundai.

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