Good News About GM (for Ford & Mopar Fans)

[38P]

"GM's U.S. sales rose just 4 percent in the first half of the year, lagging the 15-percent gain for the industry. The growth is paltry compared with increases of more than 30 percent at brands like Volkswagen and Chrysler. Sales at two GM brands, Cadillac and Buick, have fallen, and GM's share of the U.S. market has dropped almost two points in the past year to 18.1 percent."

"'Nothing from a pure advertising point of view popped,' says Larry Dominique, Executive Vice President of the TrueCar.com auto pricing site and a former Nissan product planning executive."

"GM's July sales, due out Wednesday, are expected to be stagnant. And analysts predict its second-quarter earnings will show a decline when they're announced on Thursday."

http://money.msn.com/business-news/article.aspx?feed=AP&date=20120731&id=15397668

[SpiderGearsMan]

our leader sure does not know the car business

[Bamfster]

our leader sure does not know the car business

I don't have a leader right now Spidey ..... HA

[squirrel]

It's been a long time since we had one.

[SpiderGearsMan]

you would think my japan inc dealer would be doing better - june-july were dismal

june wasn't bad
General Motors Corp. 248,750
Ford Motor Company 207,204
Toyota Motor Sales USA Inc. 177,795

[SuperBuickGuy]

Yes, Ford did abysmally too

http://www.csmonitor.com/Business/Latest-News-Wires/2012/0801/General-Motors-Ford-slip-behind-Japanese-automakers

[SpiderGearsMan]

At Ford, the Lincoln luxury brand and Fiesta subcompact dragged down sales in July. Lincoln sales dropped 11 percen

lincoln sells rebadged mazdas

[antmnte]

What genius at GM thought it would be a good idea to offer the newest biggest Caddy without a V8? The 2014 Impala will be offered with a 4 cylinder as its base motor,yeah, that should go over well,4,000 lb car with a 4 cylinder. The styling is awful on most of there newest models as well.

[SpiderGearsMan]

compared to lincoln ..caddy is rockin ..and the sales prove it

[mlcraven]

Premature to say if any of the American automakers (or Japanese and European, for that matter) are out of the woods and on a roll. I'm absolutely flabbergasted how many Korean cars are on the road around here.

[Woodward_Dreams]

Premature to say if any of the American automakers (or Japanese and European, for that matter) are out of the woods and on a roll. I'm absolutely flabbergasted how many Korean cars are on the road around here.

Same here and I live in Detroit! (well, just outside of it)

[Bamfster]

It's been a long time since we had one.

Too long! ... and none on the horizon

[SpiderGearsMan]

July
2012
General Motors Corp. 201,237
Ford Motor Company 173,482
Chrysler LLC 126,089
Toyota Motor Sales USA Inc. 164,898
American Honda Motor Co Inc. 116,944
Nissan North America Inc. 98,341
Hyundai Motor America 62,021
Mazda Motor of America Inc. 19,318
Mitsubishi Motors N A, Inc. 4,19
Kia Motors America Inc. 48,074
Subaru of America Inc. 25,183
Mercedes-Benz 21,515
Saab 6
Volvo 5,717
Volkswagen of America Inc. 37,014

[antmnte]

compared to lincoln ..caddy is rockin ..and the sales prove it

Yeah they are styled nice ,all but that latest full size one -XTS or some thing,they can keep that turd,Id take last years DTS or a 79 Coupe De Ville before that.

[Bill McGuire]

The big problems for Ford and GM are not the in United States, they're in Europe. Domestic sales and profits are pretty decent.