Business
See other Business Articles
Title: April Car Sales Soar
Source:
CBC News
URL Source: http://www.cbc.ca/money/story/2010/05/03/april-car-sales.html
Published: May 3, 2010
Author: CBC News
Post Date: 2010-05-03 15:04:33 by Brian S
Keywords: None
Views: 734
Comments: 21
The North American auto industry was firing on all cylinders in April, sales data from most major car companies showed Monday. Ford Motor Co. saw its U.S. sales increase by 25 per cent compared to last year. Canadian sales data showed a similar trend, up 24.5 per cent. Within that, car sales were up 14 per cent while truck sales jumped by 28 per cent. It was the fifth straight month of better-than 20 per cent sales increases at Ford. General Motors Co. sales rose 6.4 per cent. But excluding sales of lines GM has announced it is phasing out, sales were up 20 per cent compared to April of 2009, the automaker said. Chrysler Canada Inc. had its strongest sales month since June 2008, with April sales up 35 per cent over the same month in 2009 on 20,630 units. "No question 2009 was a difficult year for Detroit … but this year is different," Chrysler Canada president Reid Bigland said. Car sales were 29 per cent higher, while truck sales rose by 26 per cent. Like Ford, it was the fifth straight month of 20 per cent or better sales increases at Chrysler. Some of the smaller automakers also made large sales gains during the month. Subaru Canada posted an all-time sales record of 2,640 units during the month, a 28.8 per cent increase over April 2009. It was the fourth straight monthly sales increase for the Japanese carmaker. Subaru's U.S. sales soared 48 per cent based largely on the crossover Outback wagon, which doubled its sales from April of last year. Crossovers are SUVs built on sedan bodies and combine elements of both vehicles . Korean car seller Kia Canada reported 5,057 sales in April, an increase of 18.3 per cent versus April of 2009. The figure represents the 16th consecutive month of sales gains, and was also Kia's best April ever. Kia's U.S. sales rose 17 per cent on strong demand for its newly released Sorento crossover and Forte sedan. Hyundai Canada also posted record-breaking April numbers, with sales up 15.6 per cent to 12,495 vehicles. That bested the previous record of 11,200 set in May 2009. In the U.S., Hyundai's sales increased 30 per cent on rising demand for the new Sonata midsize sedan, the company said.
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: Brian S (#0)
Gee...I wonder what happens in April...something about tax returns coming in the mail....
I can see NOVEMBER from my House....
Those must be some huge tax refunds if people are buying cars with them.
" Think how dumb the average American is and then realize that half the country is even dumber" - George Carlin "And many of them run political websites" - Skip Intro
Zero down and zero % interest, skippy! Sneakypete, have you ever been married? Said things you later regretted?
Zero down, zero percent interest for 60 months...you throw the refund on top of it, the monthly payment allows you to get a lot more car/truck/suv. Course you know this.
I can see NOVEMBER from my House....
He knows. He just can't help it.
I can see NOVEMBER from my House....
I believe skippy is mid double digit IQ.
Sneakypete, have you ever been married? Said things you later regretted?
Lowest rate Ford is offering is 1.5% and "zerO down" would only matter as a lease option.
#67. To: war (#48) Keep hiding behind the bozo, bozo. (laughing) You've always been a world class pussy. Badeye posted on 2010-01-14 16:12:48 ET Reply Trace
Ford is profitable, dummy! Sneakypete, have you ever been married? Said things you later regretted?
Chevy offers 60 months zero interest on a few vehicles, but not zero down. Chrysler doesn't offer any zero down cars, and doesn't offer any zero interest loans. Neither does Subaru or Hyundai (although Hynundai Canada does - maybe you're confused about what country we live in). Kia offers 36 months free interest on two models, but not zero down, as does Ford. So, exactly which companies listed in the article are offering the terms you just stated? Maybe you ought to consider going back to FR. You seemed more comfortable being among people like you.
" Think how dumb the average American is and then realize that half the country is even dumber" - George Carlin "And many of them run political websites" - Skip Intro
Maybe you should return to the mental institution from which you were furloughed, skippy! Sneakypete, have you ever been married? Said things you later regretted?
How do you explain this, Brian? http://www.autoobserver.com/2010/04/april-car-sales-dip-from- march-as-incentives-fall-edmundscom-forecasts.html April Car Sales Dip From March as Incentives Fall, Edmunds.com Forecasts April 26, 2010 Automakers spent less on incentives in April than they did in March. As a result, sales dipped from March to April, though industry sales still are running well ahead -- by 21 percent -- of last April, according to Edmunds.com's forecast. "In March [2010], incentives really helped boost car sales," observed Jessica Caldwell, Edmunds.com's director of Industry Analysis. She noted Toyota led the industry with unprecedented incentives in March that included zero- percent financing and discounted leases. "In April, incentives averaged nearly $200 less per vehicle industry-wide," noted Caldwell. "And sales fell along with incentives."
Sneakypete, have you ever been married? Said things you later regretted?
Toyota North America. Didn't know it was limited to those mentioned in the article. Given the broad statement IN the article related to the specific topic.
I can see NOVEMBER from my House....
Gee, does that mean you are more comfortable with people that are insane? (laughing) I'll post where I want, thanks for your concern...
I can see NOVEMBER from my House....
Well, I know you posted to Murron that you were too busy to post here, but you seemed to find the time to post at FR, so I naturally thought that you'd gone home.
" Think how dumb the average American is and then realize that half the country is even dumber" - George Carlin "And many of them run political websites" - Skip Intro
Yes, thats 100% accurate. I did make time to post a couple of comments over at FR, and quite a few at GBR. This place is for amusement, I don't take it too seriously most of the time. As for 'gone home', its the internet, skippy. 'Home' is in the real world.
I can see NOVEMBER from my House....
Yes...always remember, Skip...FR is for SERIOUS people...and this place so isn't and that is why he puts posters on filter...because it's just so goddam amusing...
#67. To: war (#48) Keep hiding behind the bozo, bozo. (laughing) You've always been a world class pussy. Badeye posted on 2010-01-14 16:12:48 ET Reply Trace
Just like you two pussies? Sneakypete, have you ever been married? Said things you later regretted?
There's a reason an Obama man will edit a post: He left this part off: Below March levels Although the numbers are almost uniformly strong, they are all compared against the baseline of a weak April 2009, when the North American economy was still in the depths of recession. On the whole, they are also slightly behind the torrid annual pace of March, when aggressive incentive programs coupled with an even worse March 2009 baseline to produce eye-popping gains. Read more: http://www.cbc.ca/money/story/2010/05/03/april-car-sales.html#ixzz0muxCDser
----------------------------------------------------------- I know. Its a decade long pattern.
I can see NOVEMBER from my House....
Riiight...everyone has been posting about Obama for a decade. You make it too easy, Boof...
#67. To: war (#48) Keep hiding behind the bozo, bozo. (laughing) You've always been a world class pussy. Badeye posted on 2010-01-14 16:12:48 ET Reply Trace
He left this part off: I indicated with the article posting that one needed to "Click for Full Text! to view the entire article.
Never swear "allegiance" to anything other than the 'right to change your mind'!
#2. To: Badeye (#1)
Gee...I wonder what happens in April...something about tax returns coming in the mail....
#3. To: Skip Intro (#2)
Those must be some huge tax refunds if people are buying cars with them.
#4. To: Skip Intro (#2)
#5. To: Ibluafartsky (#3)
#6. To: Badeye, skip intro (#5)
He knows. He just can't help it.
#7. To: Boofer (#5)
Zero down, zero percent interest for 60 months
#8. To: war (#7)
Lowest rate Ford is offering is 1.5%
#9. To: Badeye (#4)
(Edited)
Zero down, zero percent interest for 60 months...you throw the refund on top of it, the monthly payment allows you to get a lot more car/truck/suv.
#10. To: Skip Intro (#9)
Maybe you ought to consider going back to FR. You seemed more comfortable being among people like you.
#11. To: Brian S (#0)
#12. To: Skip Intro (#9)
#13. To: Skip Intro (#9)
Maybe you ought to consider going back to FR. You seemed more comfortable being among people like you.
#14. To: Badeye (#13)
I'll post where I want, thanks for your concern...
#15. To: Skip Intro (#14)
#16. To: Boofer, Skip Intro, A K A Stone (#15)
ilter...This place is for amusement, I don't take it too seriously most of the time.
#17. To: war, Skip Intro, (#16)
that is why he puts posters on filter
#18. To: Badeye (#1)
Toss: ADL,CAIR and the Vatican into the pit they belong in.
#19. To: WhiteSands (#18)
#20. To: Boofer (#19)
(Edited)
Its [sic] a decade long pattern.
#21. To: WhiteSands (#18)
There's a reason an Obama man will edit a post:
Top • Page Up • Full Thread • Page Down • Bottom/Latest
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]