Toyota and Honda Lead the US Automotive Industry; Sales Rise in June
The US automotive industry showed good result in June with Toyota and Honda —the leading Japanese manufacturing giants selling 100,000 more vehicles than they did in the same month last year. The sales of Toyota’s Lexus and Scion brands increased 60.3 per cent to 177,795 sales in June while Honda’s Acura rose 48.8 per cent to 124,808. The sales result offered by the giant automakers simply means they have recovered fully from the natural disasters that thrashed Japan last year, which in turn created some supply issues for domestic car makers. Meanwhile, General Motors extended its sales lead and became the leading automotive group in the United States.
The demand for vehicles such as the Buick, Cadillac, Chevrolet and GMC vehicles increased and their sales rose 15.5 per cent compared with June last year, falling just short of a quarter of a million units at 248,750. Ford Motor Co. also enjoyed a great time with 7.0 per cent increase taking it to 207,204 vehicles for the month of June. Besides, Ford brand continues as the most popular marque in the US with 199,660 sales in June. Lincoln too made a modest business of 7544.
When compared with other automakers, Mitsubishi and Jaguar were not up to the mark last month and the two went backward, with the Japanese car maker down 35 per cent to 5411 and the British brand 26 per cent off last year’s pace at 1030 sales. When the first six months finished, around 7,272,096 vehicles have been sold throughout the US, which shows an increase of 15 percent and almost one million vehicles over the first half of 2011.