Domestics Benefit From Trucks, SUVs In August - MediaPost Communications
And gasoline prices definitely play a role, given the importance of trucks and SUVs to August sales volume. Kurt McNeil, GM’s U. S. vice president of sales, said August seasonally adjusted annual rate (SAAR) came in at 17. 5 million units, the fourth month in a row above 17 million units. “All of the economic fundamentals that we look at, including job growth, disposable income and fuel prices, are in good shape and that should keep sales strong,” he said in a GM sales statement. Ford delivered its best August U. S. sales in nine years with 234,237 vehicles sold, a 5% increase. And F-Series delivered its best August sales results since 2006, with total sales of 71,332 -- a 5% increase in sales versus a year ago. Ford said the new models of Edge and Explorer were up 36% and 22%, respectively -- driving a 12% increase in Ford brand SUV sales, to give the company its best August sales performance for SUVs since 2003. . The automaker's Lincoln luxury brand... "We also had our best month of Ford SUV sales in 12 years. Source: www.mediapost.com
