Several automakers in the US faced surge while others declared a slump in its monthly sales number of August. A common thread running through all the numbers of several who have been posting their sales reports for a week is the shift of vehicle preferences in the market.
Ford, FCA, Honda and Nissan were among the ones who managed to dumb down their loss with a successful sales of strong light trucks. A similar pattern was seen at Fiat Chrysler, which rose 10 percent in volume due to the 20 percent surge at Jeep and 27 percent rise at Ram. However, there was a major slump in the figures at Dodge and Fiat, which recorded a fall of 18 percent and 35 percent respectively.
Reports suggest that Ford Motor's deliveries rose 4.1 percent supported by its light-truck demand
Reports suggest that Ford Motor’s deliveries rose 4.1 percent supported by its light-truck demand. Apart from that, the company also experienced a 15 percent increase in fleet shipments and a 1.1 percent growth in its retail volume.
The surge in the high-seated vehicle was proved after sales at Toyota slipped two percent due to weaker car demand this was along with the 7.1 percent drop at the company’s luxury segment Lexus.
Reports suggest that US sales of General Motors dropped by nearly 13 percent after the company trimmed discounts.
Japanese giant Nissan performed well in the American market after its volume rose 3.7 percent behind a 4.4 percent gain at the Nissan division. However, its luxury wing Infiniti saw a slump of 1.7 percent.
Additionally, reports suggest that US sales of General Motors dropped by nearly 13 percent after the company trimmed discounts. Hence, the company will not reports its US sales results on a quarterly basis.
The article was adapted from an article at Nikkei Asian Review, which you can find here.