sales by the top seven automakers totaled nearly 1.13 million
vehicles in July, up 13.6 percent from 991,570 in the same
month last year but down 6.8 percent from 1.21 million vehicles
American Honda Motor Co. Inc. was the biggest winner, with a
20.9-percent improvement in July sales compared with a year
earlier. Sales of 115,009 vehicles by Hyundai Motor America and
Kia Motors America pushed the South Korean brands above Nissan
North America Inc. last month.
Three all recorded double-digit sales growth last month but
still gave up about 0.2 percentage points of market share,
while Japanese automakers increased market share by 1.1
percentage points from July last year. U.S.-based brands gained
1 percentage point of market share in the first seven months of
this year, while the Japanese automakers lost a 0.1-percent
"For GM, July was the
most well-balanced month of the year from a retail sales
standpoint: trucks were hot, but so were small cars and family
vehicles," Kurt McNeil, GM vice president for U.S. sales
operations, said. "The difference between good sales and great
sales in a slow-growth economy is how many new products you
have to offer, and we are starting to hit our sweet spot."
LLCs Ram pickup truck sales jumped 31 percent last month.
"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," Reid Bigland, head of the automakers U.S. sales,
said Aug. 1.
Ford Motor Co. had its
best July sales total since 2006. "We saw continued strength
and growth in our retail business," said Ken Czubay, Ford vice
president, U.S. marketing, sales and service. Fords
small-car sales rose 32 percent and its F-series truck sales
grew 23 percent.
U.S. sales of cars and
light trucks by the top seven automakers have totaled nearly
7.87 million units this year, an 8.4-percent increase from 7.26
million in the first seven months of last year, according to an