So last time I posted, a couple weeks ago (yes I'm behind, but aren't we all slow at something in life) I talked about financial in the auto industry. Today, I'm here to extend that convo, and let you guys know about what some of the industry's top automakers are reporting now.
The auto industry closed one of its worst years in history on a positive note, with U.S. sales rising about 15% in December and many executives predicting a gradual recovery in 2010.
Ford Motor Co., Toyota Motor Co. and Honda Motor Co. all reported substantial sales increases in the year's final month. Toyota said the surge meant it sold more cars to U.S. consumers in 2009 than any other maker, passing General Motors Co. in "retail" sales for the first time.
GM, which sells more cars to fleet customers such as car-rental companies than Toyota, still finished the year at No. 1 in overall sales. Still, its overall sales total for the month fell 5.6% to 207,538 vehicles.
And while Chrysler Group LLC posted just a 3.7% decline for December, its sales total for the entire year was the worst it has seen in 47 years.
Hopefully this rise in business is a sign of good things to come in the near future here! I'm sure you all can agree, our economy needs it!
(Info from Wall Street Journal Online)
No comments:
Post a Comment