Posts Tagged ‘Sales Declines’

Biggest makers slip as industry battles clunker and#8216;hangover’

The biggest automakers posted some of the sharpest U.S. sales declines in September as demand dropped to its lowest level since April in the aftermath of the cash-for-clunkers program. The seasonally adjusted annual sales rate was 9.51 million units.

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Cash for clunkers vaulted Ford sales in August, analysts say

The cash-for-clunkers program pushed Ford Motor Co.’s U.S. light-vehicle sales to the company’s second-straight year-over-year increase in August while lessening sales declines for Chrysler Group and General Motors Co., analysts say.

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Ford, GM curb sales declines as Honda, Toyota fall more than 40%

Ford Motor Co. and General Motors in May posted their smallest monthly sales declines since last summer, helping the overall U.S. industry improve again while Honda and Toyota dropped more than 40 percent. Overall sales fell 33.

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Nissan, Toyota, Subaru post their biggest slides of ’09

Nissan, Toyota and Subaru posted their steepest sales declines of the year in April, possibly undermining analysts’ predictions that industrywide demand would rise from the depressed levels of February and March. Ford Motor Co.

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GM improves, Toyota slips as industry struggles to gain

Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest as the industry struggled to improve from depressed levels of February and March.

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GM improves, Toyota slips as industry decline eases

Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the U.S. industry improved from depressed levels of February and March. Total sales fell 34.

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GM improves, Toyota slips; industry decline is smallest since October

Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the U.S. industry improved from depressed levels of February and March. Total sales fell 34.

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Ford, GM post biggest drops, extending U.S. sales slump

Ford Motor Co. and General Motors posted the sharpest sales declines among major automakers as the industry headed toward its sixth straight monthly drop of more than 30 percent. Ford’s March sales fell 42.1 percent and GM’s were down 44.

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Dana adds 800 to global job cuts this year, loses $264 million in Q4

Supplier Dana Holding Corp., facing more red ink and sales declines, said today that it would cut its global work force this year by more than 5,800 people, up from 5,000 announced last November.

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Dana cuts 800 more jobs after $264 million loss

Supplier Dana Holding Corp., facing more red ink and sales declines, said today that it would cut its global work force this year by more than 5,800 people, up from 5,000 announced last November.

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Takanobu Ito named Honda CEO, brings focus on RandD

Takanobu Ito, head of global automotive operations at Honda Motor Co., has been tapped as the carmaker’s next president and CEO starting in June as the company grapples with global sales declines and a strong yen.

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GM, Ford, Honda, Toyota fall by more than 31%

General Motors, Ford Motor Co., American Honda and Toyota Motor Sales U.S.A. all reported sales declines of more than 31 percent in December as the U.S. auto industry capped its worst year since the early 1990s. GM’s 31.

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GM, Ford, Honda, Toyota drag industry to 36% decline

General Motors, Ford Motor Co., American Honda and Toyota Motor Sales U.S.A. all reported sales declines of more than 31 percent in December as the U.S. auto industry capped its worst year since 1992.

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Analysts: December sales may hit new lows

Automakers may report December U.S. sales declines of more than one-third as the month’s annual sales rate reaches the lowest level this year — possibly below 10 million, analysts say. The auto information site Edmunds.

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