If you've been following keywords like "consumer confidence" and "durable goods orders" in the news, you won't be exactly shocked to see the vehicle sales numbers for July 2010. Indeed, the increases were very modest, though most automakers did better than last month, and any year-over-year comparison to July 2009 makes the domestic automakers look good. In addition, Toyota has closed the gap on Ford after running more than 30,000 units behind its American rival in May and June.
Get extended analysis on July 2010 sales from our Auto Observer blog.
Other trivia from the month:
--> GM sold 5,723 Cadillac SRXs in July 2010, by far the crossover SUV's best sales month ever, surpassing its previous high of 4,986 in December 2009.
--> Ford sold 3,349 Fiestas in the subcompact car's 2nd sales month. Honda sold 6,471 Fits.
--> Toyota sold just 165 units of the Lexus HS 250h in July. This was down 73 percent from June 2010 and marked the hybrid sedan's worth sales month ever. It was trailed only by the aged Lexus SC (36 units).
--> Nissan sales were up significantly, but the automaker recorded its highest ever True Cost of Incentives (based on Edmunds.com's data analysts' number crunching) at $2,839. (For perspective, though, GM is still spending over $4,000 on incentives per vehicle sold.) Leases accounted for 1/3 of all Nissans sold in July, and 46 percent of sales were fleet.
GM
199,342 units
+6.2 percent from July 2009
+2.7 percent from June 2010
Ford
170,208 units
+6.8 percent from July 2009
-0.3 percent from June 2010
See the sales totals and percentage changes for the rest of the top 7 U.S. automakers after the jump.
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Categories: Chrysler,Ford,General Motors,Honda,Hyundai,Manufacturers,Nissan,Toyota