New home sales in July surge 9.6 pct, beating expectations in fourth straight monthly increaseAugust 26th, 2009 July new US home sales up 9.6 percentWASHINGTON — Sales of new homes surged 9.6 percent in July, another sign the housing market is climbing back from the historic bottom it reached early this year. Driven by falling prices, the fourth-straight monthly increase was greater than expected.
Home resales soar 7.2 percent in July; largest monthly increase in 10 yearsAugust 21st, 2009 July home sales surge more than 7 percentWASHINGTON — The U.S. housing market is rebounding faster than expected.
Treasury says value of loans held by largest banks getting government support fell in JuneAugust 17th, 2009 Lending by bailed-out banks drops again in JuneWASHINGTON — The Treasury Department says the value of loans held by the largest banks getting government bailout support fell for a fifth consecutive month in June. The department says the average value of loan balances at the 22 largest institutions who received government support dropped 1.1 percent following a decline of 0.2 percent in May.
Maruti sales up 33 percent in JulyAugust 1st, 2009 MUMBAI - India's largest car maker Maruti Suzuki Saturday reported a 33.4 percent increase in sales for July to 78,074 units compared to 58,543 units in the same month last year. Of these 10,546 cars were exported.
Survey: Most UK retailers say sales are falling this monthJuly 28th, 2009 UK retailers say sales dropping in JulyLONDON — Most U.K. retailers say that sales are declining in July, though grocery and shoe stores are bucking the trend with rising volumes, the Confederation of British Industry said Tuesday.
US home sales expected to show third consecutive monthly increase in JuneJuly 23rd, 2009 Ahead of the Bell: Existing Home SalesWASHINGTON — A real estate trade group's report is expected to show that sales of previously occupied homes inched up in June, a third straight monthly increase. If economists' forecasts prove accurate, it would be another encouraging sign that a modest housing recovery has finally started.
Existing home sales rise 3.6 percent in June in third straight monthly increaseJuly 23rd, 2009 June existing home sales rise by 3.6 percentWASHINGTON — The U.S. housing market has started to recover from the most far-reaching crisis since the Great Depression, data released Thursday shows.
Industry group says China's June auto sales soar 36.5 percent; passenger cars set sales recordJuly 9th, 2009 China's June auto sales surge 36.5 percentBEIJING — China's auto sales soared 36.5 percent in June from a year earlier to 1.14 million vehicles, boosted by government incentives, an industry group said Thursday. Passenger car sales hit a monthly high of 872,900 units, the China Association of Automobile Manufactures said.
Volkswagen of America says June sales of fall 18 percent despite boost from clean dieselJuly 1st, 2009 Volkswagen of America says June sales fall 18 pctHERNDON, Va. — Volkswagen of America Inc.
Nissan reports 23.1 percent drop in June sales in U.S.; Maxima model shows growthJuly 1st, 2009 June auto sales: Nissan North AmericaFRANKLIN, Tenn. — Nissan North America Inc.
Maruti Suzuki sales up 22.6 percent in JuneJuly 1st, 2009 NEW DELHI - Passenger car market leader Maruti Suzuki Wednesday reported a 22.6 percent surge in its sales in June, compared to the same month a year ago. The company sold 75,109 units, including export of 13,336 units, this June as compared to 61,247 in the same month last year, it said in a statement.
TVS Motor logs six percent sales increaseJuly 1st, 2009 CHENNAI - TVS Motor Co has seen its June sales of two-wheelers increasing six percent over that registered in the corresponding month last year, the company said Wednesday. In a statement, TVS said last month's two-wheeler sales totalled 115,448 units as against 109,082 units sold in June 2008.
Pending US home sales rise more than expected in April, biggest monthly jump in nearly 8 yearsJune 2nd, 2009 Pending home sales rise 6.7 percent in AprilWASHINGTON — The number of U.S. homebuyers who agreed to buy a previously occupied home took the largest monthly jump in nearly eight years in April, but there are still plenty of danger signs for the U.S.
General Motors' China sales surge 50 percent to monthly record, led by Buicks, minivehiclesMay 5th, 2009 GM's China sales surge 50 pct to monthly recordSHANGHAI — General Motors said Tuesday that sales in China soared 50 percent in April to a monthly record of 151,084 vehicles, thanks to strong demand for Buick brand cars and Wuling minivehicles. Sales of the Buick Excelle sedan, a staple in GM's Shanghai-produced portfolio, more than doubled from a year ago to 22,078, the company said in a statement.
Maruti registers highest monthly sales in JanuaryFebruary 1st, 2009 NEW DELHI - Leading car manufacturer Maruti Suzuki registered its highest-so far monthly sales - 71,779 units - in January, it said here Monday. The company's domestic sales went up 5.6 percent to 67,005 units in January over the corresponding period last fiscal.