sales by the top seven automakers totaled nearly 1.3 million
vehicles in August, up 16.5 percent from 1.12 million in the
same month last year and 15.3 percent higher than 1.13 million
the previous month, according to an AMM analysis.
Toyota Motor Corp.
sold 231,537 vehicles in August, up 22.8 percent from a year
earlier, putting it back in the No. 2 spot ahead of Ford Motor
Co. for the first time since March 2010.
"The auto industry
continues to be a bright spot in the economic recovery," said
Bill Fay, Toyota division group vice president and general
manager. "August capped a great summer for new vehicle sales,
and it was Toyotas best month in more than five
August was the best
month for General Motors Co. since September 2008, U.S. sales
vice president Kurt McNeil said during a conference call, with
sales jumping 14.7 percent from a year earlier to 275,847
vehicles. "We expect the light vehicle SAAR (seasonally
adjusted annual rate) to be ... above 16 million vehicles," he
said. "Based on everything we see, the economy is on solid
footing, which means the industry should remain strong."
GM said it continues
to tweak production each month, and expects to mow through its
2013 inventory quickly.
Ford sold 221,270
vehicles last month, up 12.2 percent from August last year.
"Fords retail strength really shined in August, (making
it) our strongest retail sales month dating back to August
2006," said Kenneth Czubay, vice president for U.S. marketing,
sales and service.
F-Series pickup truck
sales jumped 22.2 percent in the same comparison, the second
time this year that monthly sales exceeded 70,000 vehicles. "At
Augusts pace, we are selling one F-Series pickup every 42
seconds, 24/7," Czubay said during Fords conference
Ford expects to build
785,000 vehicles during the fourth quarter, up 7 percent from
the same period last year. "Fourteen hundred new workers at the
Flat Rock (Michigan) assembly plant will go a long way toward
relieving (production) constraints on the Fusion during the
fourth quarter," Czubay said.