Wednesday, July 1, 2020

GM: Q2 sales fall 34% amid lean inventories

GM: Q2 sales fall 34% amid lean inventories https://ift.tt/3ggWSez

Volume at each of GM's four brands fell at least 33 percent because of the pandemic's impact on demand and slim inventories at dealerships.

FCA: Jeep, Ram decline less than Dodge, Chrysler

FCA: Jeep, Ram decline less than Dodge, Chrysler https://ift.tt/3ijMULt

Sales for FCA US fell 39 percent in the pandemic-wracked second quarter.

NISSAN: Tiny green shoots in a dismal quarter

NISSAN: Tiny green shoots in a dismal quarter https://ift.tt/2ZrI5qO

With economic activity in a pandemic freeze during much of the second quarter, Nissan's quarterly sales cratered 50 percent.

SUBARU: Forester bright spot in tough month

SUBARU: Forester bright spot in tough month https://ift.tt/3eRNPka

Subaru of America reported a 12 percent decrease in its June deliveries as the industry works to recover from the effects of the COVID-19 pandemic.

TOYOTA: June volume off 29%; Lexus down 10%

TOYOTA: June volume off 29%; Lexus down 10% https://ift.tt/2YPwkLG

Toyota's U.S. deliveries fell 29 percent in June, though sales of some hybrid models actually rose over June 2019. At Lexus, sales fell 10 percent for the month.

Actor Mark Wahlberg acquires another auto dealership

Actor Mark Wahlberg acquires another auto dealership https://ift.tt/2NHTuxh

Wahlberg and partner Jay Feldman, a Michigan dealer, have purchased Haydocy Buick-GMC in Columbus, Ohio. The dealership has been renamed Mark Wahlberg Buick-GMC.