September sales won’t be as hot as August, the best month in eight years, but industry analysts still expect them to be strong.
The numbers are a sign of a strong month as dealers sell off 2014 models to make room for new ones.
As the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn will lead to trouble down the road.
Slow sales caused dealer inventories to rise in January and February, putting pressure on companies to clear their lots.
So far this year, sales of the versatile, high-sitting hatchbacks such as the Honda CR-V, Ford Escape and Toyota RAV4 are up more than 20 percent.
But the company cut its target for full-year sales and profit …
GM said Tuesday that it sold 4.85 million cars and trucks worldwide from January through June.
Phil Abram, GM’s Chief Infotainment Officer, stated at an investor conference about more key features such as remote key fobs on smartphones, product apps and 4G broadband service
Ford delivered its best hybrid sales quarter ever in the first quarter of 2013 with sales totaling 21,080 vehicles — marking the first time Ford has sold more than 20,000 hybrids in a quarter. Ford’s hybrid sales were up 324 percent nationally over 2012, achieving 16 percent share of the electrified vehicle market — up from 4 percent last year.
General Motors made $4.9 billion in 2012, strong North America showing means $6750 profit sharing checks.