Based on the currently monthly figures, auto-sales went beyond expectations with the world’s major automobile producers like GM, Chrysler, Nissan, Toyota and Hyundai. General Motors reported a 1% increase despite the recalls of some of their units. On the other hand, Ford and Volkswagen reported a decrease in their June auto-sales. These two has a decline while the rest of the other automakers gain slow increase in their auto-sales.
Analysts forecasted a 2% to 3% decrease in the sales. And according to sales manager of Long-Lewis Ford Lincoln in Muscle Shoals, Alabama "Auto sales seems to be edging upwards compared to both May and year ago levels." Edmunds.com a known auto information company said that the auto-sales are still strong despite the fact that automakers had to face limits as some states imposed limits on the day these vehicles can be sold.
For this year, vehicle manufacturers have an aggregate of 16.2 million vehicles sold in the United States beating the highest sales volume eversince 2006.
One of the leading performers in the market is General Motors, they were able to sell 267,461 vehicles for the month of June alone. Their sales still has increased despite the massive recalls of about 26 million cars. The recalls were attributed to different safety defects. The automaker had to fix dysfunctional ignition switches which resulted to various accidents leading to 16 deaths.
Just recently, the brand has formally announced the complete details regarding the compensation plan as they have to pay for the damages and costs incurred.
Yet despite the recalls, experts say that General Motors still proves to be resilient as they gained increase in sales.
Ford reported a 6% decrease in sales with 222,064 of vehicles sold. Chrysler Group exhibited a 9% increase with 172,086 units sold. Models Jeep, Ram Truck, Dodge, and Fiat reported increase in sales where Jeep posted a 28% sales increase.
Japan’s Toyota a 3.3% increase with 201,714 units sold.
Toyota Executive, Bill Fay says that the sales in the first half of this year demonstrated a steady increase and this pace will continue to the second half of the year.
