Ford’s June and second-quarter sales were below analyst expectations as a global shortage of semiconductor chips caused significant production cuts and inventory constraints.
Automakers sold about 4.43 million vehicles from April through June, a figure 0.4% lower than in 2019.
Retail sales for new vehicles in June are estimated to reach 1.1 million units, up 12.4% from last year.
Auto sales across the world are recovering vigorously from coronavirus-inspired economic disruption although regional differences remain as China leads the …
General Motors (GM) and Stellantis (STLA) will report U.S. auto sales on Thursday for a first quarter marked by high …
Mahindra has recorded a sales growth of 25 per cent at 22,417 units as compared to 17,991 units sold in the same month last year.
Sales are up or down in December, depending on how you parse the data.
Sales of new vehicles in the U.S. are expected to close this year down at least 15% compared with 2019.
Growth was spurred by a steady recovery in demand for compact cars and sport-utility vehicles in rural, semi-urban and some urban markets, the data showed.