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AUTOMAKERS NEWS * WORLDWIDE
* New York / USA - June US Car Sales Rev-Up On Contractor Demand For Trucks And SUVs
(Photo from REUTERS: Detroit’s carmakers saw strong June U.S. car sales, with Chrysler Group LLC, a subsidiary of Italian Fiat SpA, reporting 20 percent year-over-year sales growth and Ford Motor Co., reporting more modest 7 percent sales gains)
New York,NY,USA -International Business Times, by Benjamin Reeves -July 3, 2012: -- U.S. car sales revved up again in June after lackluster May sales as consumers flocked to dealers to replace aging vehicles and buy new trucks and crossover SUVs. High demand and incentives for SUVs and trucks from all manufacturers combined with continuing pent-up demand and the continued recovery of Japan's automakers from last year's earthquake, tsunami and floods in Thailand to boost the seasonally adjusted annual rate (SAAR) of sales above 14 million again... June U.S. car sales volume was around 1,280,335 units sold, slightly above expectations...
* California - Honda offers insurance for Fit. Automaker offers drivers option to help sell its electric vehicle
Los Angeles,CAL,USA -Los Angeles Times/The Detroit News, by Jerry Hirsch -July 5, 2012: -- Honda Motor Co.'s new electric vehicle comes with an unusual option: collision insurance without any deductible... It's the latest enticement to move electric cars out of showrooms and narrow the cost gap with less expensive gasoline-powered vehicles... Detroit automakers have generally shied away from offering insurance for drivers... Honda officials said they see the offer as a way to remove a barrier to the introduction of their first electric car in the U.S.... Large automakers began selling electric cars in late 2010. But sales of the vehicles have been slow, hampered by their limited range and higher price compared with gasoline-powered vehicles...
Labels: automakers news worldwide
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