U.S. auto makers should sell 1.27 million units this month, as seasonal buying patterns and a slowly improving economy lift the monthly annual sales rate to its highest point since February.
Kia topped the WardsAuto Fuel-Economy Index for the first time, as new cars and light trucks sold in July combined for a 23.7 rating, a 5.3% gain over year-ago.
Global auto sales through June reached 41.5 million units, up nearly 6% over year-ago, with the growth pace expected to gain further momentum throughout the year’s second half.
New cars and light trucks sold in June combined for a 23.6 mpg rating, marking a 0.6% drop from May’s 23.7 mpg and a 2.1% decline from March’s high-water mark.
The increase was the largest in 16 months. But it was expected, as May 2011 deliveries were stalled in the aftermath of the March earthquake and tsunami that struck Japan, disrupting sales and production around the...
U.S. auto makers should sell 1.28 million LVs this month, driving daily sales up 17.5%, compared with year-ago, while also raising the SAAR to 14 million units, according to a WardsAuto forecast.
Auto companies sold 6.56 million vehicles worldwide in April, a 3.4% increase over same-month year-ago, raising total deliveries for the first four months of 2012 to 27.2 million units.