ArticleTrader.com
  

 Main Menu

  Home
  Member Login
  Forum
  Submit Article
  RSS Feeds
  Contact Us
  About

 Services

  Article Distribution
  Link Building

 Tools

  ArticleMS
  Directory Tracker

 Categories

  Automotive
  » Cars
  » Maintenance
  Business
  Computers
  Entertainment
  Finance
  Food
  Health
  Home and Family
  Internet
  Legal
  Science
  Self Improvement
  Shopping
  Society
  Sports
  Technology
  Travel
  Writing

99 users online.



 
  » Category Sponsors
  Get Your Link Here - Limited Time Bargain at only $11/month!

Home » Automotive » Cars » GM, Ford Sales Crash In '06, Toyota, Honda Climb
Article Stats:
119 Views
404 Words

Get Html Code
PDF | Print View | Post to your Site

GM, Ford Sales Crash In '06, Toyota, Honda Climb

Submitted by shanemorgay
Fri, 5 Jan 2007

Brand new year calls for an analysis of the previous year's performance for the benefit of improvement. In the automotive industry, Toyota and Honda stand on the bright side of 2006. Said automakers experienced a rewarding increase in sales. On the contrary, GM and Ford stand on the bleak abyss of the industry because of sales doldrums.

GM reported US sales of 4.1 million vehicles in 2006, down by 8.7 percent from 2005. The decrease is attributed to the shift of market demand in favor of small cars. GM is famed for its sophisticated sport utility vehicles and pickups. Enthusiasts believe that 2005 GMC truck accessories are manufactured with excellence just like other auto parts from the automaker.

Paul Ballew, chief sales analyst of GM said, “It was a challenging one. It’s a year that came in below expectations and deviated from our plans at the start of the year.” In December, GM reported a 13 percent drop in sales. According to the automaker the decline was due in part to sticking with GM's decision to lower rental fleet vehicles sales and other marginally profitable sales. Ford parts accessories did not show any luring effect. According to some enthusiasts, Ford's 2006 reports aren’t likely to help the ailing automaker.

Ford also reported sales of 2.9 million vehicles, 7.9 percent down compared to 2005 sales. For the month of December, Ford vehicle sales was down by 12.8 percent - 9.9 percent for cars and 14.0 for trucks.

On the bright side of 2006, Toyota and Honda enjoy a gratifying increase in sales. Toyota's sales were up by over 12 percent in December and for the entire year. Consumers purchased 2.54 million cars and trucks with the Toyota, Scion or Lexus brand name. Leading Toyota sales is its Camry that retains its title as the best-selling car in America. There are 448,445 Camrys sold in 2006, about 3.9 percent up from 2005 sales. 05 Toyota Camry accessories are playing significant part in making the vehicle a top-seller.

Jim Lentz, executive vice president for Toyota Motor Sales USA said, “2006 was a respectable year for the industry if you consider the strain of erratic fuel prices and a housing bubble on an industry weaning itself from incentives.”

With regards to Honda, its December sales fell by 0.8 percent but its 2005 sales were up by 3.2 percent. According to Dick Colliver, executive vice president of American Honda, the automaker has benefited from having a line-up of fuel-efficient vehicles.

About the Author

Shane Morgay is a 34-year-old native of Ohio. She love cars and knows detailed information about them. She has a collection of miniature car collectibles and would love to have these collectibles become real ones. She works for a


Source: ArticleTrader.com
Creative Commons License

Comments

No comments posted.

Add Comment

Your Name:


Your Email:


Comment

Enter the code shown

Visual CAPTCHA

 Top Authors

 1 stickystebee (3021)
 2 alien82 (2756)
 3 kajuba (2254)
 4 limalan88 (2184)
 5 sverdlow (1712)
 6 juliet (1683)
 7 AnthonyF (1244)
 8 artavia.seo (1137)
 9 MarkeD (1089)
 10 isolvum (1019)
 11 cj (936)
 12 IC (935)
 13 jkhbraveheart (847)
 14 lets_j2top@ya.. (825)
 15 Osborne (794)
  » Member List

 Latest Forum

» adage
» Watch Movie
» Help Required with Revenue Sharing Mod
» Article 'ping' function?
» How to change font size on home page and articles
» Watch Movie

 Distribution

Article Distribution

  
  Affiliate Program 2Checkout.com, Inc. is an authorized retailer of ArticleTrader.com

0.51s