Detroit - Carmakers reported strong US sales in July, boosted by SUVs, as the industry benefited again from lower petrol prices and a steadily improving US economy.
The biggest US car company, General Motors, said July sales surged six percent from a year ago to 272 512 vehicles behind a strong performance in pick-up trucks, SUVs and some sedan line-ups.
“The second half of 2015 is off to a great start, with industry sales above expectations,” said GM vice president for sales Kurt McNeil.
Ford notched 4.9 percent rise in sales to 222 731, a gain that included an 11 percent rise in Ford SUVs.
The sales figures from GM, Ford, Fiat Chrysler and Toyota were all higher than the increases projected by online car site Edmunds, which had given a bullish forecast on July after US carmakers enjoyed a buoyant first half of 2015 thanks in part to lower petrol prices.
“We anticipate that sales will be robust throughout the summer, commensurate with the confidence of the American car shopper,” Edmunds said in a July 30 note.
Chrysler's July sales came in at 178 027 vehicles, up 6.2 percent from the year-ago period and about 2100 above the level projected by Edmunds. The company said several brands under the Jeep line scored strong sales, including its flagship Jeep Grand Cherokee, which notched a five percent rise.
Sales were also strong for the Chrysler 200 mid-sized sedan, while sales in the Ram pick-up truck line rose one percent.
Toyota reported sales of 217 181 vehicles, up 0.6 percent from a year ago, as Camry was its best-selling car in July.
Lexus luxury SUVs revved almost 28 percent higher and the Toyota Highlander gained more than 12 percent. Takoma and Tundra pick-up sales were up nearly 17 percent.
“July auto sales showed no signs of slowdown for the industry,” said Bill Fay, Toyota Division group vice president and general manager. “Led by Tacoma sales, the Toyota division light trucks posted a best-ever July.”
Nissan sales rose 7.8 percent to 130 872 units, missing the Edmunds forecast of 132,388. The Nissan Rogue SUV remained a strong seller, with a 50.9 percent increase.
AFP