Auto sales for June were mixed, but mostly down. Ford, Chrysler, and Toyota all posted drops in sales as the weak economy and uncertain employment situations remain on consumers' minds.
At Ford, an 11 percent drop was posted. Customer demand for new products helped Ford Motor Company increase market share in June, even as Ford continued to de-escalate incentive spending. Ford, Lincoln and Mercury sales totaled 148,153, down 11 percent versus a year ago, which Ford believes to be the month's lowest decline among major auto manufacturers.
Chrylser saw a worse-than-expected 42 percent decline. Chysler's sales plummeted to 68,297 from 117,457 units. Other figures from Chrysler showed a 95% drop in fleet sales.
Toyota saw a 32 percent decrease in sales, lagging behind Ford's sales for the third straight month. Sales, reported by Toyota, slid to 131,654 from 193,234. Sales of the Toyota Corolla fell by 53 percent.
General Motors posted an increase in sales. General Motors dealers in the United States delivered 176,571 total vehicles in June, down 33.6 percent compared with a year ago. However, when comparing GM’s June retail sales with May, volume was up 10 percent, or more than 13,000 cars, crossovers and trucks resulting in the fourth consecutive month-over-month retail sales increase.
