Auto sales wobble in June, GM plunges
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General Motors Corp.  on  Tuesday posted a steeper-than-expected 24 percent drop in June  sales, as U.S. automakers lost share to Japanese brands and  overall vehicle sales sputtered in the face of high gas prices  and a weak housing market.
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Ford Motor Co.  on Tuesday said  U.S. sales fell 8.1 percent in June, as a big decline in car  sales more than offset a slight rise in truck sales.
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General Motors Corp. GM.N posted a 7  percent drop in U.S. vehicle sales for August, and set its  fourth-quarter North American car and truck production 6.8  percent lower, the automaker said on Wednesday.
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Detroit automakersâ share of the American car market fell to a record low in June, foreshadowing another summer of deep discounts, cheap car loans and deals on leases.
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Ford Motor Co.  posted lower May sales on Friday, while rivals Nissan Motor Co. and Chrysler Group eked out small gains amid high gas prices and concerns about U.S. consumer confidence.
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New home sales in May fell more than expected while consumer confidence in June hit a 10-month low amid worries about jobs and the business climate, adding to signs of sluggish economic growth this year.
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Demand for passenger cars amid high gas prices drove U.S. sales increases in May for General Motors Corp., Toyota Motor Corp. and Nissan Motor Co. as industrywide sales rebounded slightly from a weak spring.
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U.S. new home sales in May fell more  than expected while consumer confidence in June fell to a  10-month low amid anxiousness about jobs and the business  climate, adding to signs of sluggish economic growth this year.
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U.S. auto sales have been slipping as   domestic automakers have struggled to boost sales amid high gas   prices this year -- a trend that will continue into next year,   industry executives and analysts said.
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DaimlerChrysler AG  on Tuesday said its U.S. sales fell 2 percent in June.
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Sales by Detroitâs two largest automakers fell as they focused on more profitable transactions at dealerships.
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U.S. new home sales in May fell more than expected while consumer confidence in June fell to a 10-month low amid anxiousness about jobs and the business climate, adding to signs of sluggish economic growth this year.
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General Motors Corp  posted a  5-percent gain in U.S. sales for August on Tuesday, bucking a  downtrend for the embattled industry linked to a weaker housing  market and a shakeout in subprime lending.
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U.S. retail sales posted their biggest monthly decline in nearly two years during June, according to government data issued on Friday, indicating the housing market slump and soaring gasoline prices are depressing consumer spending.
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Sales at U.S. retail stores  unexpectedly shrank 0.1 percent in June, the first decline  since February, pulled down by weaker sales of cars and  building material, government data showed on Friday.
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Ford Motor Co.  said on Friday U.S. May vehicle sales fell 6.8 percent from a year earlier as higher gas prices and a weaker housing market hurt consumer demand and the automaker cut back on fleet sales.
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Sales at retailers surprisingly  dropped 0.9 percent in June, the biggest decline in almost two  years, as car and gasoline sales fell, a government report  showed on Friday.