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Detroit, Asian Makers Score Big Sales Gains for July

If anything, automotive revival could be held back by supply shortages.

by on Aug.01, 2013

The 2013 Honda Civic had its best month ever in July, breaking a 13-year-old record.

As the U.S. auto industry continues to come roaring back from the worst recession in more than half a century, car sales appear to have surged to their highest July total since 2006, automakers reported Thursday.

If anything, supply shortages and new model delays could be the only thing holding the market back from an even bigger upturn, industry officials warned, Ford and Hyundai among the makers stretching the limits of their production capacity while Chrysler bangs away at problems with the new Jeep Cherokee model it hopes to launch next month.

There are few makers who didn’t score gains during July, with industry analysts estimating that overall year-over-year sales numbers will wind up at least 15% ahead once the last few manufacturers weigh in. Detroit makers all posted double-digit increases, as did the Japanese Big Three – though Nissan’s surge was tempered by a nearly one-third drop in sales by its Infiniti luxury brand.

The Last Word!

Why is the market continuing to heat up? Analysts point to a wide variety of factors including looser credit, a big surge in the housing market that is buoying demand for full-size pickups, growth in small car and hybrid sales as consumers prepare for future fuel price hikes and, perhaps most importantly, improving confidence in a slow-growing economy.

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Trucks Add Momentum to July Sales Surge

But small cars, hybrids also gain ground.

by on Aug.01, 2013

The new Ford F-150 Tremor. Pickup truck sales appear to be leading the auto recovery.

Despite some signs the U.S. economy may be slowing down a bit, nothing seemed able to halt the resurgent auto industry last month, perhaps because the market’s heavy lifters, full-size pickups, were flying out of dealer showrooms.

While several major makers have yet to weigh in with their numbers, preliminary estimates suggest the month was the industry’s best since July 2006. Detroit makers – all three of whom posted double-digit increases — were particularly pleased by the monthly trends, demand for trucks apparently being driven by a housing market revival.

News You Can Trust!

“We continue to see strong retail sales, particularly with our pickup trucks and SUVs, and that has helped to propel Chrysler Group to our 40th consecutive month of year-over-year sales growth,” said Reid Bigland, head of the maker’s Ram brand as well as its U.S. sales chief.

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Sneak Peek: Ford’s 2010 Harley-Davidson F-150

Sneak Peek: Ford’s 2010 Harley-Davidson F-150

by on Feb.10, 2009

The 14th time Harley and Ford have collaborated on an F-Series model.

The 14th time Harley and Ford have collaborated on an F-Series model.

Ford hopes to burnish the bad-boy image of its big F-Series pickup with the launch of the 2010 Harley-Davidson F-150, which will be making its public debut, this week, at the Chicago Auto Show.

The 14th time the automaker and motorcycle manufacturer have teamed up, the new Harley F-150 combines the basic styling and features of the new-for-’09 F-Series truck and signature design cues lifted from Harley’s born-to-be-wild bikes.

“In the marketplace, today, you have to have a point of view and be differentiated,” explained Mark Fields, Ford’s President of the Americas, as he provided a sneak peek at the truck soon to roll onto the stage at Chicago’s McCormick Place.

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