Porsche shrugs off US sales slump
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Porsche remains "moderately confident" for its business in the current year, despite a drop in sales in North America.
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The nation's two biggest automakers, General Motors Corp. and Ford Motor Co. , reported soft sales in January while DaimlerChrysler AG's Chrysler Group and Japan's Toyota and Nissan reported healthy gains in their US sales.
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DaimlerChrysler AG  on Tuesday said its U.S. sales fell 2 percent in June.
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Despite more aggressive discounts, Ford Motor Co.  and Chrysler Group on Tuesday reported lower U.S. sales for June, underscoring the drag on the U.S. auto industry from high gas prices, fierce competition and a weak housing market.
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Japanese carmakers Toyota, Nissan and Honda see strong US car sales in October but sales at Ford and General Motors drop.
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WASHINGTON  - Shoppers -- the dynamo in the US economy -- shrugged off rising energy prices and splurged in malls and car showrooms in September, a government report showed.
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STUTTGART - Despite signs of a global economic slowdown, two of Germany&#39;s leading luxury carmakers - Porsche AG and BMW AG - have said they are off to a strong start to their new business years.
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German-US auto maker DaimlerChrysler reported a fall in sales by its up-market Mercedes-Benz car unit in February because of weakness in its ultra-compact Smart car division.
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German car maker Volkswagen  said on Tuesday its sales in the United States fell 7.2 percent year-on-year in September to 20,082 vehicles.
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Unlike its rivals, the automaker makes a profit selling cars and gains US market share. By Brett Clanton / The Detroit News. Chrysler&#39;s ongoing recovery got another boost Thursday as the automaker reported
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WASHINGTON (CBS.MW) - US retail sales remained strong despite a second straight month of weak auto sales, according to Commerce Department figures released Monday.
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Japanese car firm Toyota sees its vehicle sales soar in September compared to a year earlier, in contrast to its US rivals.
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No. 2 fast-food company reports strong international results, but U.S. sales are going nowhere fast.
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Sales of Sony's PlayStation 3 (PS3) console in the US rose by 21% in June, according to analyst figures.
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German auto giant Volkswagen posted strong third-quarter results Friday and restated a record full-year sales target as Chinese and South American growth offset slumping turnover at home and in the United States.
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Mercedes-Benz USA said Wednesday that it sold nearly 5 percent fewer cars in the United States last month than it did a year earlier, hurt by lagging demand for its lines of luxury sedans.
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Autozone&#39;s (AZO:NYSE - news - research) first-quarter sales and earnings were virtually unchanged from a year ago, held back by higher fuel prices that made car owners skittish.