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BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | May 26, 2000
New car and light truck sales in Maryland gained 4 percent in April, according to figures from the state Motor Vehicle Administration. Although the gain was nothing like the 24 percent and 35 percent increases of March and February, respectively, it did establish April 2000 as the 18th consecutive month in which sales were higher than in the corresponding month of the previous year. In fact, showroom business was stronger last month than any April since 1991, when the MVA resumed releasing title-registration figures, which equate with sales.
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BUSINESS
By John O'Dell and John O'Dell,Los Angeles Times | January 4, 2007
Storming along as if powered by a muscle-car engine perfected by its Detroit-area competitors, Toyota Motor Corp. surged into the top three in U.S. auto sales for 2006. In doing so, it blasted past Chrysler Group to end the year with a 12.5 percent annual sales gain. Toyota's advance - a foregone conclusion after many months of finishing ahead of Chrysler - brought a symbolic end to the domestic automakers' grouping as the Big Three. The Japanese company, riding high on the sales of fuel-efficient cars and small trucks, is on track to overtake Ford in U.S. sales this year.
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BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | January 5, 2002
For the first time since the advent of the horseless carriage, trucks outsold cars in the United States last year. Based on figures released yesterday by the National Automobile Dealers Association, light trucks, including pickups, sport utility vehicles and minivans, outsold passenger cars by 50.8 percent to 49.2 percent - or slightly more than 276,000 vehicles. The top-selling vehicle in the county was a truck - the Ford F-series pickup. The second and third best sellers were also trucks, the Chevrolet Silverado pickup and the Ford Explorer, respectively.
BUSINESS
By JOHN O'DELL and JOHN O'DELL,LOS ANGELES TIMES | August 5, 2006
Toyota Motor Corp. posted yesterday a 39.2 percent gain in profit for its fiscal first quarter, a hefty increase helped by booming U.S. sales and a weaker yen that boosted the value of the Japanese automaker's overseas sales. Net income for Toyota, the world's second-largest automaker, was 371.5 billion yen ($3.23 billion) for the quarter that ended June 30, up from 266.9 billion yen in the comparable quarter last year. Sales rose 13 percent to 5.64 trillion yen ($49 billion) from 5 trillion yen. Much of the automaker's growth occurred in North America, where Toyota is soaring on the strength of its reputation for building reliable, fuel-efficient cars.
BUSINESS
By BLOOMBERG NEWS | January 7, 1999
DETROIT -- General Motors Corp., Toyota Motor Corp. and Honda Motor Co. posted higher-than-expected December sales, benefiting from strong truck demand and big discounts in the auto industry's second-best U.S. sales year.GM said yesterday that its domestic sales rose 2.8 percent. That beat estimates of a 4.6 percent decline and pushed its stock to a 52-week high. GM's stock, up about 10 percent since Monday, rose $3.4375 to close at $78.0625.Toyota shares surged 19 percent yesterday as its Camry sedan captured top-selling U.S. car honors for 1998, surpassing Honda's Accord again.
BUSINESS
January 2, 2005
A weekly briefing on the economic calendar Monday: Construction spending for November; Institute for Supply Management index for December Tuesday: Auto and truck sales for December; factory orders for November Friday: Unemployment rate and payroll and average workweek reports for December; consumer credit report for November
BUSINESS
By BLOOMBERG BUSINESS NEWS | November 2, 1996
AUBURN HILLS, Mich. -- Two U.S. automakers reported strikingly different sales results for October, as Chrysler Corp.'s car and truck sales rose 19 percent while General Motors Corp.'s fell 7.5 percent.Both companies sold as many trucks, minivans and sports utility vehicles as they could build. But GM's car production and sales are down because it's changing over to a lot of new models. Chrysler is using rebates to keep car sales strong.The results were in line with analysts' expectations, keeping the industry on track for a 7 percent rise in sales over October last year.
BUSINESS
By BLOOMBERG BUSINESS NEWS | February 5, 1997
DEARBORN, Mich. -- Ford Motor Co. yesterday said that its U.S. sales of cars and trucks rose 2.6 percent in January, capping a month of modest industry growth paced by strong gains by Japanese automakers.Ford's gains were higher than the small change expected by analysts and were helped by strong sport utility, minivan and pickup truck sales. The company's car sales declined.The industry's January sales in the United States rose about 6 percent above year-earlier levels, which were the weakest of 1996.
BUSINESS
By Bloomberg Business News | November 16, 1993
DETROIT -- U.S. sales of domestically made cars in early November blew past all expectations, continuing near October's record showing and dispelling analysts' theories that consumers have already abandoned showrooms in favor of shopping malls for holiday gift buying.U.S. car sales for the Nov. 1-10 period reached an annual rate of 7.0 million, while sales of domestically made pickup trucks, minivans and sport-utility vehicles reached an annual rate of 5.4 million, domestic automakers said today.
BUSINESS
By BLOOMBERG NEWS | March 4, 1998
AUBURN HILLS, Mich. -- Chrysler Corp.'s U.S. car and truck sales rose 3.1 percent in February, beating estimates, with a surge in truck sales offsetting a sharp drop in car sales.The nation's No. 3 automaker said its total sales rose to 200,068 from 193,983 vehicles in February 1996. Car sales fell 9.1 percent to 64,506 and truck sales rose 10 percent to 135,563.Analysts had expected sales to be little changed from February 1996 as car sales continue to lag, in part because of the model changeover of the LH full-size sedans.
BUSINESS
By NEW YORK TIMES NEWS SERVICE | May 3, 2006
DETROIT -- Americans shied away from large sport utility vehicles and pickup trucks in April as gasoline prices approached $3 a gallon, and with a battery of new SUVs waiting in the wings, domestic automakers are now facing the very scenario they had hoped to avoid. Despite gains at Toyota and Honda, declines at General Motors, Ford, DaimlerChrysler and Nissan pushed vehicle sales in the United States down 0.1 percent in April, according to Ward's AutoInfoBank. General Motors had the biggest drop, selling 7.3 percent fewer vehicles than it did in April 2005.
BUSINESS
By KNIGHT RIDDER/TRIBUNE | February 2, 2005
DETROIT - Depending upon whom you talk to, auto sales in January were a flop or just shoulder-shrugging OK. In either case, it wasn't a sizzling start to the new year. January is typically the worst month for selling new cars and trucks in the United States, largely because it is cold in most of the country and many customers would rather be nestling indoors than braving frosty dealer lots. What's more, December is always a tough act to follow. Automakers typically roll out such blowout year-end deals that they pull many customers into the market early.
BUSINESS
January 2, 2005
A weekly briefing on the economic calendar Monday: Construction spending for November; Institute for Supply Management index for December Tuesday: Auto and truck sales for December; factory orders for November Friday: Unemployment rate and payroll and average workweek reports for December; consumer credit report for November
NEWS
By Jessica Valdez and Jessica Valdez,SUN STAFF | August 21, 2003
Rattling off bids in a singsong chant, auctioneer Tom Henline moved along a line of impounded vehicles yesterday followed by a swarm of bidders, each clutching a small scrap of paper imprinted with a number. "Show me the number! Show me the number!" he said after each successful bid as Pied Piper-like he led the buyers to the next car for sale near the Pulaski Highway impound lot. With Henline, a West Virginian, doing the rapid-fire hawking, Baltimore officials offered a record number of cars, minivans, and trucks, more than 900, in two auctions.
BUSINESS
By BLOOMBERG NEWS | July 2, 2003
DETROIT - General Motors Corp.'s U.S. auto sales rose 1.5 percent last month from a year earlier and Ford Motor Co.'s were unchanged as the largest U.S. automakers fell short of analyst forecasts while boosting incentive spending from May. DaimlerChrysler AG's Chrysler unit, third-biggest in the United States, rose 6.3 percent, more than analysts expected. Toyota Motor Corp. reported an 11 percent increase and Nissan Motor Co. said its sales gained 22 percent, as the Japanese automakers spent less than U.S.-based rivals on incentives.
BUSINESS
By BLOOMBERG NEWS | December 4, 2002
DETROIT - General Motors Corp., Ford Motor Co. and DaimlerChrysler AG's Chrysler unit reported lower November sales yesterday as discounting drew fewer buyers than in November 2001, when sales hit a record. Sales at General Motors, the largest automaker, declined 18 percent, and sales dropped 20 percent at Ford and 12 percent at Chrysler. Ford shares declined 13 percent, the biggest decline in more than a year, after the second-biggest automaker said it will scale back production. Shares of General Motors and DaimlerChrysler also fell.
BUSINESS
By BLOOMBERG NEWS | December 2, 1999
DETROIT -- General Motors Corp.'s car and light truck sales were unchanged last month, missing forecasts on disappointing car sales. DaimlerChrysler AG's U.S. sales fell 2.7 percent as its aging minivan and pickup lines fell prey to rivals' redesigned models.GM, the world's biggest automaker, sold 347,855 cars and light trucks, unchanged based on the daily sales rate.Analysts had forecast a 4.4 percent gain. DaimlerChrysler, the No. 3 maker in the United States, said its Chrysler arm's car sales rose 3.3 percent while light truck sales fell 4.7 percent.
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | September 14, 2002
A big jump in sales of the two vans made by General Motors Corp. in Baltimore has forced the company to cancel a planned one-week closing of the plant next month. Sales of the Astro jumped 18.7 percent in August, on top of a nearly 5 percent gain in July, according to Dan Flores, a GM manufacturing spokesman. The Astro's sister vehicle, the GMC Safari, actually had a bigger percentage jump, Flores said, with sales up nearly 31 percent last month. But the Broening Highway plant produces more than three times as many Astro vans as it does Safaris.
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | May 10, 2002
New-car sales continued to roll along at a robust pace in Maryland in March, according to figures released yesterday by the state Motor Vehicle Administration. State motorists bought 34,225 new cars and light trucks during March, a gain of 3.2 percent when compared with sales during March last year. The 3.2 percent increase in new-vehicle sales in Maryland compares with a 5.1 percent decline in sales nationwide. It marked the sixth consecutive month in which vehicle sales in Maryland were higher than during the corresponding period of the previous year.
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