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Macroeconomics  |  August 02, 2012 16:31:00

Car sales in July fell behind expectations in the U.S.

Sales of passenger cars and light commercial vehicles in the United States grew more slowly due to the worsening economic environment. The results of the largest U.S. automakers General Motors and Ford Motor in July fell short of expectations. According to Autodata of the U.S. market sold 1.15 million vehicles, which, compared with 1.05 million a year ago an increase of 8.9%. A majority consensus expected an increase of 10%. In June, annual car sales jumped 22% to 1.28 million.

Best results saw a Honda, Toyota and VW. Combined annual sales of domestic and foreign brands showed 14.1 million. Sales of General Motors and slowed down by 6.1% to 201,200 units, Ford Motor sales up by 3.8% to 173,400. Chrysler, however, grew by 12.6% to 126.1 thousand. Toyota Motor Sales increased by 26.1% to 164.8 thousand. Honda recorded an annual increase of 45.3% to 116,900 and Nissan by 16.2% to 98.3 thousand. Very good results have shown the German carmaker Volkswagen and Audi. VW sales jumped 27.3% to 37.0 thousand, Audi by 28% to 11 700 and Mercedes sales by 3.7% to 21,500 units.

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