Mexico's auto production falls nearly 38 percentOctober 14th, 2009 MEXICO CITY - Mexico's automotive industry saw production plummet 37.7 percent during the first nine months of this year, while exports plunged 35.5 percent and domestic sales dropped 30.6 percent, the auto industry association said. A total of 992,153 units were manufactured, 804,258 units were exported and 530,163 vehicles, including imports, were sold in Mexico during the January-September period, said the AMIA association, which is made up of the seven largest automotive companies operating in the country.
September retail sales drop 1.5 percent, biggest decline in 9 months, as auto sales plungeOctober 14th, 2009 Retail sales fall 1.5 percent in SeptemberWASHINGTON — Retail sales declined in September by the largest amount this year as car sales plummeted following the end of the government's popular Cash for Clunkers program. The Commerce Department says retail sales dropped 1.5 percent last month.
German carmaker Audi sees September car sales fall 6.8 percent on yearOctober 9th, 2009 Audi September sales fall 6.8 percent on yearFRANKFURT — German carmaker Audi AG said Friday it delivered 6.8 percent fewer cars in September than a year earlier as the global downturn continued to affect demand, but noted it fared better than the wider market and saw gains in some regions. The Ingolstadt-based company, a unit of Europe's biggest carmaker Volkswagen AG, said it sold 88,600 cars for the month compared with 95,136 cars in September 2008.
Wholesale inventories drop for 12th straight month in Aug.; sales rise by most since June 2008October 8th, 2009 August wholesale inventories decline, sales riseWASHINGTON — Businesses reduced inventories at the wholesale level for a record 12th consecutive month in August, often evidence that companies are trimming orders to factories, which helped depress economic output during the recession. But in an encouraging sign, sales at the wholesale level jumped by the largest amount in 14 months.
September retail sales improve but some barely match 2005, SpendingPulse reportsOctober 6th, 2009 September retail sales improve but still weakNEW YORK — U.S. retail sales figures from a key data service show signs of a rebound in September from last year's deep plunge.
New Chrysler CEO says he's not alarmed by US market share drop; expects improvementOctober 1st, 2009 Chrysler CEO not alarmed by US market share dropDETROIT — The new Italian leader of Chrysler Group LLC says he is not alarmed by the automaker's market share decline and he expects to improve the company's U.S. share from this point forward.
September US auto sales fall following Cash for Clunkers buying spree over the summerOctober 1st, 2009 Sept. US auto sales fall amid clunkers letdownDETROIT — A Cash for Clunkers hangover hit every major automaker except Hyundai last month, pushing down sales and leaving the industry searching for signs of a recovery in October. U.S. sales of cars and light trucks fell to just under 746,000 in September, down 41 percent from August.
Ford says US auto sales in Sept. fell 5.1 percent; clunker hangover hurts demandOctober 1st, 2009 Ford Sept. sales fall 5.1 percentDETROIT — Chrysler Group LLC reported a 42 percent sales drop last month, while Ford Motor Co. says its September sales fell 5.1 percent, revealing a tough hangover from this summer's Cash for Clunkers buying spree.
AP Source: Chrysler Aug. sales down 15 percent on shortages of some fuel-efficient modelsSeptember 1st, 2009 AP Source: Chrysler sales fall 15 percent in Aug.NEW YORK — A person familiar with the matter says Chrysler Group LLC posted a 15 percent drop in U.S. sales in August due to shortages of some smaller vehicles.
UK Q2 GDP down 0.8 percent, following 2.4 percent drop in 1QJuly 24th, 2009 UK Q2 GDP down 0.8 percentLONDON — Official data shows Britain's economy shrank by 0.8 percent in the second quarter, the fifth straight quarterly decline and worse than analyst forecasts of a drop of 0.3 percent. The figure released Friday is a marked improvement over the 2.4 percent decline in the first quarter but confirms that the economy is still in recession.
Mitsubishi North America sales drop nearly 42 percent in JuneJuly 1st, 2009 Mitsubishi North America sales drop in JuneCYPRESS, Calif. — Mitsubishi Motors North America said Wednesday its sales dropped 41.7 percent in June compared with the same month a year ago, although sales fell at a slower pace than in the previous month.
Ford US sales drop 10.7 percent in June; far smaller than previous monthly declinesJuly 1st, 2009 Ford US sales drop 10.7 percent in JuneDETROIT — Ford Motor Co. on Wednesday called its 10.7 percent drop in U.S.
Ford analyst calls June industry's best month in '09; sales down less than 30 pctJune 29th, 2009 Ford analyst says June best month for sales in '09DEARBORN, Mich. — Ford Motor Co.'s top sales analyst says June was the industry's best month of the year, with sales falling less than 30 percent.
GM May sales drop 29 percent, but show improvement over April levelsJune 2nd, 2009 May Auto Sales: General MotorsDETROIT — General Motors Corp. said Tuesday that its May U.S.
Ford says April sales fall 32 percent, gains retail market share on sales of FusionMay 1st, 2009 Ford April sales off 32 pct, gains market shareDETROIT — Record sales of its fuel-efficient Fusion helped Ford grab a bigger slice of the U.S. car market in April, even as its overall sales dropped 32 percent.