As major automakers close out the month of July 2010, most are reporting a positive sales growth for the seventh month of the year. All of Detroit’s Big 3 automakers reported an increase in July.
GM said that July sales for Chevrolet, Buick, GMC and Cadillac increased by a combined 25 percent to 199,432 units. Buick and Cadillac brands each sold more than twice as many vehicles in July, compared with the same month in 2009. July marks the 10th straight month in which total and retail sales for GM”s brands increased year-over-year.
FoMoCo’s Ford, Lincoln and Mercury dealers delivered 166,092 new vehicles in July ““ a 5 percent increase versus a year ago. Year-to-date sales totaled 1.12 million, up 24 percent.
Last but not least, Chrysler Group reported U.S. sales of 93,313, a 5 percent increase compared with sales in July 2009. July represents the fourth consecutive month of year-over-year sales increases.
– By: Omar Rana