For Buick and Cadillac, the winners were the Encore and SRX, up 22 and 45 percent respectively. People feel good about their jobs and the direction the economy as a whole is taking, so the second half of the year should be strong too.
But GM sales dropped as the automaker cut back on rental sales. The company’s Jeep brand sales witnessed 25% growth in June driven by a 39% uptick in mid-sized Cherokee sales. Sales of the MKC soared 185 percent to 1,947 units. Ford sold 11,719 Mustangs, a 54 percent gain and the performance car’s best June since 2007. The Camry remains the best-selling vehicle in the U.S, but sales of the midsize slipped 8 percent.
Automakers are reporting June sales figures today, and it’s looking like another healthy month for the industry. ~ Reid Bigland, Fiat Chrysler Automobiles, Head of US Sales.
The announcement was made as a delegation, led by Maharashtra’s chief minister Devendra Fadnavis, met with Mike Manley, president and CEO – Jeep Brand, FCA – Global and COO of Asia-Pacific Region, and other company representatives in the FCA North American headquarters in Auburn Hills, Michigan. The transaction prices for vehicles that are new for June was up 2.5% from the same time one year ago to just over $33,340. Sister company Kia posted a gain of 6.9 percent, boosted by sales of the redesigned Sedona minivan. “Tomorrow is part of our information gathering process so that we can make a final determination”. This is a 0.6% increase per month. Sales of the all-new MKX sales began late last month. He promised regulators that the automaker is committed to doing better and correcting its mistakes. ~ Bob Pradzinski, Vice-President, National Sales, Hyundai Motor America.
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NADA raised its annual sales forecast to 17.2 million vehicles, representing what would be the second-best year for in the industry’s history behind 2000’s result.
