July car sales in the U.S. market grow by only 1%

Geely Auto reported that car prices of various countries around the world have announced car sales data for the US market in July 2011. According to the “Automotive News” website, car sales in the US market increased by 1% in July 2011. The sales of energy-saving models offset the sharp decline in sales of Japanese Toyota and Honda cars.

It is understood that due to the impact of the earthquake in Japan in March on the supply chain of Toyota and Honda, the car stocks of the two companies in the United States market are still in short supply. Toyota Motor Corporation sales in the United States dropped by 23% to 130,000 units in July, while Honda sold 80,000 units in the United States in July, a decrease of 28%.

According to data released by the Bureau of Economic Analysis of the US Department of Commerce, the annual sales of automobile sales in the US market in July 2011 reached 12.24 million units, the highest figure since April of this year.

In July 2011, Volkswagen’s sales in the United States increased by 21.7% to 29,100 units; Nissan’s sales in the United States increased by 6.4% to 77,200 units; Hyundai’s sales increased by 10% to 59,600 units.

Among US automakers, General Motors sold 215,000 vehicles in the US market in July, a year-on-year increase of 7.7%; Ford Motor Company sales increased by 9% in the US to 181,000 vehicles in July; sales of Chrysler Motor Co. increased The fastest, the company's car sales increased by 20% year-on-year, reaching 112,000 vehicles.