Off the wire
• Workers' Party loses over half of its municipalities in Brazilian elections  • Malta takes lead in eGov't services in Europe  • Chicago agricultural commodities settle mixed  • NASA's Curiosity rover begins 2nd two-year mission extension on Mars  • German official says good job opportunities in handcraft for refugees  • 3rd LD-Writethru: U.S. suspends negotiations with Russia over Syria ceasefire  • World Bank President calls for boosting strong growth to end poverty  • Brazil given two more Copa Libertadores spots  • MH17 report: Netherlands, Russia tit-for-tat on "unacceptable" remarks  • U.S. dollar rises on upbeat data  
You are here: 　 Home

Three U.S. auto giants see drop in Sept. sales

Xinhua, October 4, 2016 Adjust font size:

Ford Motor, Fiat Chrysler Automobiles (FCA) and General Motors (GM) all without exception suffered drop in sales in the United States in September.

Ford led the fall as its September sales dropped 7.7 percent; GM posted a decrease of 0.6 percent; and FCA reported a sales loss of 0.9 percent.

The decrease was within analysts' expectations. U.S. market demand for vehicles was about 1.41 million in September, a roughly 2-percent decrease from a year ago.

Ford's car sales dropped 20.7 percent; SUVs sales fell 3.4 percent and truck sales dipped 1.8 percent. The Dearborn-base U.S. automakers only reported certain sales increase in the Edge, Flex, Expedition, heavy trucks and vans. Ford sold a total of 204,447 vehicles in September.

Despite sales drop, Ford's average transaction prices rose by 1,100 dollars year on year, outpacing the industry's 400-dollar average thanks to strong market demand for Ford's vans and pickup trucks, the Detroit News quoted Ford Vice President Mark LaNeve as saying.

GM sold 249,795 vehicles in September. Its Buick sales went up 14.1 percent year on year; Cadillac sales rose 3.1 percent; Chevrolet sales dipped 0.3 percent and GMC sales slid 8.7 percent.

The Detroit-based automaker reported that its average transaction prices was 35,804 dollars in September, nearly 5,000 dollars higher than the industry average and up about 1,000 dollars from last September.

FCA posted September sales at 192,883 units. All brands except Ram Truck reported sales decrease: Jeep dropped 2.7 percent; Fiat plummeted 30.1 percent; Chrysler went down 27 percent; and Dodge declined 5.7 percent. Ram truck of FCA rose about 27 percent.

FCA's total sales in the first nine months came to 1.7 million units, up 3.6 percent year on year.

For other automakers, Toyota Motor Co reported a sales growth of 1.5 percent in the U.S. in September; Nissan sales rose 5 percent; Honda Motor sales dropped 0.1 percent; and Volkswagen of America sales slipped 7.8 percent. Enditem