Latest Automotive News

Subscribe in a reader

DaimlerChrysler's U.S. sales drop 1.8 per cent in June

Email   small font medium font large font


Chrysler Group's passenger vehicle sales, which include the Chrysler, Jeep and Dodge brands, fell 1.4 per cent compared with June 2006, while Mercedes sales fell 5.8 per cent during the same period.

Detailed breakdowns from DaimlerChrysler, which sold a total of 202,936 vehicles in the U.S. last month, were expected later in the day.

DaimlerChrysler said Chrysler car sales were up 55 per cent because of an ad campaign highlighting fuel efficiency of its models. The company did not break out truck sales, which offset the gain.

Jeep brand sales were up 19 per cent, led by the new four-door Wrangler, the company said.

Auto sales statistics show the market was shifting toward gas-thrifty compacts in May in record numbers, and some analysts were expecting that to continue in June with $3-a-gallon gas. Because of the continued homebuilding slump, truck sales were expected to be down overall in June.

The small-car trend was expected to hurt the Detroit Three, which rely more on sport utility vehicles and trucks for sales. Asian and some European automakers have increased incentives on small cars, which also makes them more attractive.

Automotive website estimated Tuesday that the average U.S. automaker incentive was $2,483 per vehicle in June, up 3.9 per cent from May and down 5.1 per cent from June of last year. Of General Motors Corp., Ford Motor Co., Chrysler, Honda Motor Co., Nissan Motor Co. and Toyota Motor Corp., Edmunds said only Honda and Toyota had higher incentives than they did during the same time last year.

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. Some automakers report percentages adjusted for sales days, which last month was 27 and in June 2006 was 26.


AP Auto Writer Tom Krisher contributed to this report.


On the Net:

DaimlerChrysler AG:

Ford Motor Co.:

General Motors Corp.:

Honda Motor Co.:

Nissan Motor Co.:

Toyota Motor Corp.:

Receive the latest automotive news by email!

Enter your email address:

Related news
FRANKFURT, Germany (AP) _ A drop in sales of the Smart fortwo offset a slight gain in sales of Mercedes-Benz branded-cars, automaker DaimlerChrysler AG said Wednesday, as sales last month fell 1.3 ...
DETROIT (AP) _ DaimlerChrysler AG said Wednesday U.S. sales fell 9.1 per cent in July from a year ago in what was expected to be a difficult month for the industry. Chrysler Group ...
Ford Motor's U.S. sales plummeted 21 per cent in September on a steep dropoff in car sales, while Toyota reported a four per cent decline, according to results released Tuesday. But Honda Motor ...
Automakers reported mixed U.S. sales results for November on Monday, with some new or more fuel-efficient models performing well despite consumer malaise over high gas prices and the weak economy. But even with rising ...
Ford's U.S. sales plummeted 21 per cent in September on deep cuts in sales to car rental agencies. Toyota sales slipped four per cent, but General Motors and Honda fared better in ...
FRANKFURT, Germany (AP) _ Car maker Audi AG, the luxury arm of Volkswagen AG, said Thursday that demand for its A3 and A6 models helped push up sales in June and throughout ...
FRANKFURT, Germany (AP) _ DaimlerChrysler AG (NYSE:DCX) said Thursday that sales of autos from its Mercedes Car Group rose six per cent in June amid demand for its luxury sedans and that ...
Tata Motors Ltd., India's largest automobile maker, said lower tax payments and improved margins helped its profit grow 19 per cent in the latest quarter despite a drop in the number of vehicles ...
BMW Group US sales (BMW and MINI combined) down 11 percent in June. MINI sales continue to thrive. Woodcliff Lake, NJ - July 1, 2008... The BMW ...

Best Investment Newsletter

- 46% in 2008

- invest in the best performing US stocks only and sell them when the uptrend is over

- very easy to follow, simple buy/sell signals

- no need to have investing or trading experience

Find More Now!

DaimlerChrysler's U.S. sales drop 1.8 per cent in June
> © 2006-2017 except where otherwise noted