Thursday, February 3, 2011

::January, the U.S. Automotive Sales Up 17%>>

Go Finance Reporting Chicago - Uncle Sam's country continued to show signs of economic recovery. This time, the sign of revival came from the automobile industry that as of January recorded a sales growth of 17 percent, to 819,895 units, compared to the same month the previous year.

Signal further recovery of the U.S. automobile industry (USA) demonstrated the achievement of double-digit earnings by General Motors, Ford, Chrysler, and Toyota for the month of January. "Generally, sales in January slowed but we believe the automotive industry rebounded with record success gain a solid, repeating the positive momentum from fourth quarter ago, "said analyst Standard & Poor's Equity Research Efraim Levy yesterday.

General Motors, the biggest U.S. carmaker, reported sales increased by 22 percent or reach 178 896 vehicles in January. "January represents the beginning of a solid year for us, for the industry and the U.S. economy as a whole," said Deputy Director of U.S. Marketing GM Don Johnson in a conference via telephone.

Rival car makers GM, Chrysler, also reported positive results in the form of increased sales of as much as 23 percent, to 70,118 vehicles, in January. In addition, Chrysler for 10 consecutive months of sales movements also continue to show good enough. "We have set a foundation for sales growth over the next year with 16 models of vehicles," said Fred Diaz Chrysler Sales Executive.

Meanwhile, car manufacturers that the CEO earned best last year, Ford, are also increasingly optimistic that spread its wings earlier this year. Ford sales rose 13.3 percent recorded as many as 127,317 units of vehicles in the same period. Also experienced increased sales of Japanese giant car manufacturer, Toyota, which reported an increase of 17.3 percent or as many as 115,856 units during January. (GoFinance)

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