Monthly Auto Sales Seen Up; Detroit Struggles
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US car and truck sales are likely to rebound in December from a disappointing November, but the bulk of the gain is expected to come from Asian automakers, analysts said.
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Automakers faced an uphill climb in the US market in January, as weak economic conditions and consumer caution put a dent into sales, company reports showed Friday.
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Mercedes-Benz USA, a unit of DaimlerChrysler AG, posted a slight increase in September sales Friday, in a month with one more selling day that the year before.
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General Motors said its U.S. sales rose 3.9 percent in February, beating the performance of Detroit rivals Ford Motor and Chrysler. But the auto giant's financial outlook remained clouded by accounting problems.
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Ford Motor Co. said on Tuesday that retail sales of its vehicles rose 6 percent in September, while sales to commercial fleets rose 4 percent.
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DaimlerChrysler AG (DCXGn.DE) said on  Friday U.S. vehicle sales rose 5 percent in November from a  year earlier, when the automaker scaled back big discounts.
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German carmaker DaimlerChrysler AG on Wednesday said its total US vehicle sales grew 1.6 percent in October, with a slight rise in sales of Chrysler Group vehicles offset by waning demand at the Mercedes-Benz group.
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U.S. auto sales are likely to post a razor-thin increase this year compared to 2004, when they had their fourth-highest annual total on record, an economist who closely monitors the automotive industry said on Sunday.
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Auto-industry inventory numbers do not look terrible, but what if there is a storm coming?
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Led by General Motors Corp., the US automotive industry rebounded in September with one of its most robust months of the year. Sales were pushed up by 2005 models
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Ford Motor Co.  on Tuesday said  U.S. vehicle sales rose 5 percent in September amid signs that  sales of pickup truck and sport utility vehicle were  stabilizing.
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Asian brands push Ford, DaimlerChrysler and GM to offer greater incentives and come out with new styles. By John Porretto. DETROIT -- Most veteran forecasters say they expect a familiar sales trend in the US
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DaimlerChrysler AG  said on Friday U.S. vehicle sales rose 5 percent in November from a year earlier, when the automaker scaled back big discounts.
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A month-end sales blitz of incentives  by General Motors Corp. GM.N and Ford Motor Co. F.N to  clear out older vehicles will spur a slight rise in U.S. car  and truck sales for September, analysts said.
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G.M.âs sales were up 2.1 percent. In contrast, sales fell 12 percent at Chrysler, 2.3 percent at both Toyota and Honda, 4 percent at Ford and 7.3 percent at Nissan.
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U.S. auto sales are likely to post  a razor-thin increase this year compared to 2004, when they had  their fourth-highest annual total on record, an economist who  closely monitors the automotive industry said on Sunday.
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Auto manufacturers had a great month, with one glaring exception.