Chrysler's U.S. sales down 6 percent in August
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Chrysler LLC said on Tuesday its U.S. sales fell 6 percent in August as the automaker cut back on sales to daily rental companies.
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Sales of new single-family U.S.  homes fell 8.3 percent in August to a 795,000 annual sales  pace, its slowest rate in over seven years, while the inventory  of homes dropped, a Commerce Department report showed on  Thursday.
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The pace of existing home sales fell   for a fifth straight month in August, hitting a 6.3 million   unit annual rate, according to a report from the National   Association of Realtors on Monday that was not as bleak as   economists had expected.
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No. 5 automaker hurt by slow Mercedes sales, but Chrysler remains steady.
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DaimlerChrysler AG  on Thursday said U.S. vehicle sales fell 8 percent in February.
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Automaker Chrysler LLC aims to cut its product lineup by around a half and dramatically shrink its dealership network so it can sell its three brands under one roof, the Wall Street Journal reported on Friday, citing people familiar with the plan.
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WASHINGTON -- Sales of existing homes, depressed by turmoil in credit markets, fell for a sixth straight month in August, pushing activity to the lowest point in five years.
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GM on Tuesday posted a 24 percent decline in June sales, as U.S. automakers lost share and overall monthly sales sputtered in the face of high fuel prices and a weak housing market.
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General Motors, Ford and Chrysler Group held just 50.6 percent of auto sales in the U.S. last month, their lowest ever.
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Mounting losses at U.S. arm Chrysler   forced DaimlerChrysler DCXGn.DE to cut its 2006 operating   profit forecast by around 1 billion euros ($1.27 billion) on   Friday, sending its shares skidding lower.
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U.S. automakers surrendered more market   share in August as sales incentives and gains by Asian   automakers kept overall sales steady, analysts said on   Thursday, a day before car makers release monthly U.S. sales   results.
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General Motors Corp.  on Tuesday  said U.S. sales fell 24 percent in June, a decline much larger  than analysts expected.
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The largest U.S. closeout retailer reports a drop in same-store sales for August.
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General Motors Corp. said sales in August grew 3.9 percent from a year ago, boosted by new car introductions and remodeled sport-utility vehicles. It was the beleaguered auto giant's first year-over-year sales increase since January.
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General Motors Corp. and Ford Motor Co.  posted weaker U.S. sales for August on Wednesday and both cut  planned fourth-quarter production as their aging vehicle  lineups lost ground to rival Chrysler and some foreign brands.
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Retail sales dropped 0.3 percent in August, led by a decline in automotive purchases, after climbing 0.8 percent in July, the Commerce Department said.
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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.