LONDON, July 5 (Reuters) – British new car registrations fell by an annual 4.8 p.c in June, the primary time in six years sales have fallen for three months in a row because the market cools from record highs, an trade body mentioned on Wednesday.
GM’s December sales rose 10 percent, Ford was up 0.3 percent and Toyota increased 2 percent. All three automakers’ results, lifted by strong demand for pickup trucks and SUVs, beat Wall Street expectations. December consumer discounts averaged about $4,000 per vehicle, up by about $500 from a year earlier, according to J.D. Power data provided to Reuters. Analysts polled by Reuters had anticipated, on average, 17.7 million vehicles on the annualized basis, and 21 economists polled by Reuters had expected 17.36 million automobiles.
In late July, Ford was the primary main automaker to confirm the lofty gross sales beneficial properties achieved since 2010 had been …Read more →