Toyota continues to incite fear in the Big Three Detroit Last May, the largest automaker Toyota Motor Corporation of Japan has increased its sales by 14 percent again outselling Ford Motor Co. in its home market for the third time in seven months. The increase was a Toyota go no more to pass Ford as the No. 2 seller of vehicles in the United States. Ford manufacturer of high quality harmonic balancer Ford did not raise its truck sales plunged while reducing low margin sales to car rental companies. General Motors, the second largest U.S. automaker had a surprising 9.6 percent increase.
According to Rebecca Lindland, an analyst at Global Insight Incorporated in Lexington, Massachusetts, `` we will continue to see Ford struggle as they progress in their transition period. We will continue to see Toyota pushing forward.''
The gains made by every major automaker except Ford helped lift the overall U.S. industry sales by 5 percent to 1.56 million including cars and light trucks, according to data compiled by Bloomberg. Asian automakers have increased their market share by 1.2 points to 41.4 percent.
DaimlerChrysler AG, which last month agreed to sell its U.S. unit Chrysler after nine years of ownership, posted its second consecutive monthly increase. The Chrysler Group rose 4.3 per cent attributed to its redesigned Jeep Wrangler and Dodge Nitro news.
Toyota, for its part was able to sell 269,023 cars and light trucks in May, a record this month pulled by a tripling in sales of the Prius gas-electric hybrid car. The Prius has been able to sell 20,000 units in a single month for the first time to become the ninth best selling car in the United States. down 6.8 per cent Ford scored his seventh consecutive monthly decline.
Until May, the U.S. industry has increased only once and that was in March, which is attributed to the ever increasing fuel prices and declining home sales that kept buyers away from theaters exposure. The average price of a gallon of gasoline reached a record $ 3.23 last May, which is according to the American Automobile Association.
The market share of the United States for GM, Ford and Chrysler dropped a percentage point to 51.9 percent according to data presented by the American Automobile Association. Ford's sales to rental car companies, fell 24 percent last May that is still part of the decline of 14 percent in overall sales to business fleets due to George Pipas, Ford's chief of sales analyst in an interview. Sales to retail customers have also declined 3 percent he added.
Ford sales decline in total 259,470 cars and trucks affected by the blade 12 percent of sales of F-Series truck is the seventh consecutive monthly decline for trucks. Sales of the F series, best-selling vehicle in the country have dropped 13 percent this year.
The Fusion sedan medium also decreased by 4.4 percent while the Explorer SUV fell 17 percent.
One difference this year
Surprisingly Ford was able to carry more than Toyota in terms of sales this year by 39,358 vehicles in May based on data provided by Autodata Corp. of Woodcliff Lake, New Jersey. A year ago, Ford has also led more than 274,371 vehicles by Toyota.
GM sold more Chevrolet Silverado full-size pickup pick-up F-Series for the second time this year. And before the results in February, the Silverado has also outpaced the F-Series last June 2005. Sales of GM light trucks rose 5.4 percent driven by increased sales of pickup and the addition of the new GMC.
Posted on June 9, 2010.
