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July 4, 2007

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June US car and light truck sales: Big Three loosing, Asian car makers gaining ground

June sales saw the Big Three loosing heavily. Ford reported a decline of 8% to 247,599 deliveries compared with year-ago monthly sales. General Motors even felt 20% to 326,300 vehicles in June and Chrysler could manage to keep the loss by 1% with 183,347 units sold, thanks to its “Maximize Your Miles” program. Ford and General Motors blame the reduction of their daily rental sale vehicles for the decline.

On the other hand Asian car makers were clearly the winners in June sales. Toyota could improve his sales volume by 6.1% to 245,000 units, while Toyota cars made a 4.9% progress and Lexus came up 6.1%. Toyota and Lexus light trucks lost 7.2%. Honda sold 140,936 units and improved 7.3% versus the year before.

The strong Honda brand sold 124,169 units and improved 7.4%. Nissan could deliver 92,213 vehicles. Nissan brand improved almost 20% with 81,655 units sold, while Infinity contributed 10,558 and an increase of 9.3%. Hyundai, represented by 49,368 units sold, improved by 11%.

Ford Highlights

The redesigned 2008 model Ford Escape and Mercury Mariner crossovers set sales records in June, with Escape sales reaching 19,147, up 33 percent from a year ago, and Mariner sales totaling 3,788, up 97 percent. In addition, the Escape and Mariner hybrid models set June sales records, with Escape hybrid sales of 2,192 and Mariner hybrid sales of 334.

In total, Ford, Lincoln and Mercury crossovers were up 83 percent compared with a year ago as the company continues to achieve the largest sales increase in the industry’s fastest-growing segment.

General Motor Highlights

Increased sales of the Saturn AURA, as well as the new mid-size crossovers GMC Acadia, Saturn OUTLOOK and Buick Enclave, demonstrate GM’s strong positioning in the marketplace for fuel-efficient vehicles.

The GMC Acadia, Saturn OUTLOOK and Buick Enclave had retail sales of more than 12,000 vehicles, pushing a significant retail increase in GM’s mid-crossover segment. GM’s total sales of more than 15,000 vehicles in this segment pushed monthly performance up more than 377 percent, compared with the same month last year.

Chrysler Highlights

Jeep Wrangler and Wrangler Unlimited posted sales of 10,952 units, up 93 percent compared to June 2006 with 5,674 units. The Jeep Patriot also kept its momentum and finished June with sales of 4,633 units, up 3 percent from May 2007. The vehicle is one of Chrysler Group’s recently introduced models that achieve 30 miles per gallon or better in highway driving. In addition, the Jeep Grand Cherokee also posted a gain of 3 percent year-over-year.

The Chrysler Sebring Convertible finished the month with sales of 3,759 units which is 22 percent over May 2007. The recently launched redesigned model offers what no other convertible has offered before — three automatically latching convertible top options: vinyl, cloth and a body-color painted steel retractable hard top, all of which can be retracted with a push of a button on the key fob.

Sales of the Dodge Charger increased in June by 19 percent with 11,529 units compared to 9,710 units in the previous year.

Toyota Highlights

Toyota Division passenger cars recorded best-ever June sales of 128,239, an increase of 4.9 percent over last June. Passenger car sales were led by Camry, which posted best-ever June sales of 46,630, up 8.4 percent over the same period last year. Camry Hybrid reported sales of 5,530 units in June.

The Prius hybrid gas-electric mid-size sedan posted best-ever June sales of 17,756, an increase of 76.3 percent over June 2006. The Yaris subcompact reported an increase of 28 percent, posting best-ever June sales of 9,155 units. Corolla reported June sales of 36,499 units.

Lexus passenger cars reported best-ever June sales of 17,457 units, an increase of 6.1 percent over June 2006. Passenger car sales were led by the ES 350 luxury sedan with June sales of 7,232 units. The all-new LS 460 and LS 460 L reported combined sales of 2,631, an increase of 149.9 percent over last June. Combined sales of the IS 250 and IS 350 posted best-ever June sales of 5,182 units, up 11.9 percent over the year-ago month.

Honda Highlights

The CR-V sold 19,715, up 53.2 percent, achieving its sixth consecutive month of record sales. The Civic posted record sales of 36,512, up 33.6 percent over last June. Civic Hybrid sales increased by 20.1 percent to 3,246, also setting a new record for the month. The Fit, up 44.3 percent to 5,613, broke its all-time sales record from May, 2007 of 5,361. The TSX sports sedan, set a new June sales record of 3,414, up 4.0 percent. Sales for the TL luxury performance sedan increased by 8.1 percent to 6,221. Sales of the all-new MDX increased by 26.2 percent to 4,639, and RDX sales totaled 1,864.

(July 03, 2007)

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