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2007
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Jun
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Business | 2007 | Jun | 3
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36
Toyota, which has been gaining market share in the United States, sold 269,023 Toyota and Lexus vehicles in May, topping its previous monthly record of 242,675 set in March
Jun 3 '07
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Some automakers report percentages adjusted for sales days, which last month was 26 and in May 2006 was 25.
Jun 3 '07
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GM and Ford have been working to cut fleet sales, and that effort has weighed on their United States sales totals in recent months, but GM still made gains
Jun 3 '07
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The Associated Press reports unadjusted figures, calculating the percentage change in the total number of vehicles sold in one month compared with the same month a year earlier
Jun 3 '07
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Detailed breakdowns from DaimlerChrysler, which sold a total 221,164 vehicles in the United States last month, were expected later in the day
Jun 3 '07
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Tundra sales were 17,727, up 122 percent
Jun 3 '07
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For the second quarter of 2007, it left unchanged its production target of 810,000 vehicles
Jun 3 '07
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"We saw strong total and retail sales increases," Mark LaNeve, GM’s vice president of North American sales, service and marketing, said in a statement
Jun 3 '07
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Ford said its sales to retail customers, which were 3 percent lower than a year ago, still marked its best retail month of the year as the Ford Edge and Lincoln MKX crossovers continued to make gains
Jun 3 '07
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George Pipas, Ford’s top sales analyst, earlier this week had predicted that his company’s retail sales to individual buyers would show a year-over-year monthly increase for the first time since October 2006
Jun 3 '07
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Toyota has been banking on a reputation for reliable and fuel-efficient cars _ and making monthly sales gains _ as its increases United States market share
Jun 3 '07
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26
Truck sales were essentially flat from a year ago, but car sales dropped 17.7 percent
Jun 3 '07
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Chrysler’s passenger vehicle sales, which include the Chrysler, Jeep and Dodge brands, rose 4.3 percent to 199,393, while Mercedes sales rose 0.7 percent to 21,771
Jun 3 '07
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"Consumer demand for the Ford Edge and Lincoln MKX has exceeded our original expectations"
Jun 3 '07
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Sales of the Camry passenger car rose 16.3 percent to 50,126, while hybrid Prius sales jumped to 24,009 from 8,103 in the same month a year ago
Jun 3 '07
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Car sales, including the Chevrolet Impala and Saturn Aura, rose 16.2 percent to 150,979, while light truck sales, including the Chevrolet Silverado and GMC Sierra, gained 5.6 percent to 220,077
Jun 3 '07
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The company had set 14 to 15 percent as a goal for 2007 and 2008 under its restructuring plan
Jun 3 '07
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"The last week of the month was softer for us," Pipas said during a Friday conference call with analysts and reporters
Jun 3 '07
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Pipas, however, said the numbers indicate Ford’s United States market share appears to have stabilized between 14 and 15 percent, a milestone since it had been losing about 1 percentage point of share per year
Jun 3 '07
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For the month, Toyota outsold Ford Motor Co., which saw sales fall 6.9 percent as it continued to cut low-profit sales to rental companies
Jun 3 '07
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Toyota said its sales gains came as rising retail gas prices were met by increasing consumer confidence
Jun 3 '07
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Ford, meanwhile, announced North American production targets for the third quarter
Jun 3 '07
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Nissan Motor Co.’s sales gained 7.4 percent and DaimlerChrysler AG’s sales rose 3.9 percent with help from a 20 percent jump in its Jeep brand
Jun 3 '07
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"Our significant market share gains in full-size trucks and crossovers validates the decision we made to invest in industry-leading fuel economy in these important segments"
Jun 3 '07
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"Despite the industry’s shift toward passenger cars, Toyota’s all-new Tundra hit an all-time high in May," Jim Lentz, executive vice president of Toyota’s United States division, said in a statement
Jun 3 '07
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16
But he said Friday that sales during the Memorial Day holiday weekend didn’t rise to his expectations
Jun 3 '07
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Ford said it now expects Edge sales to reach 120,000 this year _ 20 percent higher than its original forecast
Jun 3 '07
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GM, the industry’s top seller, said Friday it sold 371,056 light vehicles last month
Jun 3 '07
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Car sales rose 16.2 percent to 168,270, while light truck sales, including the Tundra, rose 10.9 percent to 100,753
Jun 3 '07
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"These new crossovers are the right products at the right time," Mark Fields, Ford’s president of the Americas, said in a statement
Jun 3 '07
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Sales of Ford, Lincoln, Mercury, Volvo, Jaguar and Land Rover brands, including fleet sales, totaled 258,391 last month, including 169,265 light trucks and 89,126 cars
Jun 3 '07
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GM’s sales include the European Saab brand
Jun 3 '07
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"As for hybrids, the market’s appetite continues unabated, with Prius also establishing an all-time record"
Jun 3 '07
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11
Toyota Motor Corp.’s United States vehicle sales jumped 14.1 percent in May to its best monthly level ever and General Motors Corp.’s sales rose 9.7 percent as both automakers credited in part the appeal of their more fuel-efficient offerings amid high gas prices
Jun 3 '07
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Nissan said its United States sales, including Nissan and Infiniti, rose on good performances by its larger sedans and fuel-efficient small cars
Jun 3 '07
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9
The GDP report showed imports increased more strongly during the first quarter than previously thought
Jun 3 '07
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cent
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9
Exports contracted at a revised 0.6 per cent rate in the first quarter, half the 1.2 per cent rate of decline the department estimated last month.
Jun 3 '07
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8
Ford said its Escape and Mercury Mariner hybrid sport utility vehicles did well for the month.
Jun 3 '07
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8
Average home prices crept up 0.5 per cent in the first quarter from last year's closing quarter, leaving them 4.3 per cent higher than a year ago
Jun 3 '07
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smh.com.au
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6
US ECONOMIC growth for the first three months of 2007 was the weakest in more than four years as businesses sold off inventories and Americans imported more foreign goods, the Government has reported
Jun 3 '07
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Business
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smh.com.au
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cent
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rate
6
"It is probably going to mean good news for the current quarter, though, because once you draw down the inventories it is harder to draw them down further, and the change in inventories is at least one part of this weakness"
Jun 3 '07
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smh.com.au
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cent
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6
It said it pushed the fuel-efficient Versa subcompact and Sentra compact cars in May advertising as gas prices were rising
Jun 3 '07
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business.bostonherald.com
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5
It was the slowest quarterly growth since the fourth quarter of 2002, when the economy edged ahead at a 0.2 per cent rate, and was below Wall Street economists' forecasts for a 0.8 per cent quarterly growth rate
Jun 3 '07
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Business
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cent
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5
The reduction in inventories pulled growth down for the quarter but also left room for companies to expand output if consumer spending remains strong
Jun 3 '07
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Business
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smh.com.au
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cent
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quarter
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rate
3
In another report, the Labor Department said new claims for jobless pay fell 4000 last week to 310,000, a sign the job market remains healthy enough to support consumer spending
Jun 3 '07
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Business
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cent
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3
Imports grew at a 5.7 per cent rate instead of 2.3 per cent
Jun 3 '07
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smh.com.au
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cent
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quarter
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rate
3
But personal consumption spending, which fuels two-thirds of national economic activity, rose at an upwardly revised rate of 4.4 per cent instead of 3.8 per cent estimated a month ago, the strongest pace since the first quarter of 2006, when it increased at a 4.8 per cent rate
Jun 3 '07
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cent
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2
The National Association of Purchasing Management-Chicago business barometer rose to 61.7 from 52.9 in April, leading analysts to predict the factory sector now is poised to grow
Jun 3 '07
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cent
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1
"Obviously people responded to that," said Brad Shaw, Nissan’s senior vice president for sales and marketing
Jun 3 '07
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1
But rebates and other incentives, which the Edmunds.com auto Web site reported Friday were on the rise last month, may offset uncertainty about future fuel prices
Jun 3 '07
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business.bostonherald.com
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