GM Proves It Still Has Some "Drive" When It Comes To Sales

General Motors
AP
General Motors

Talk about throwing a curve to the experts. June auto sales shows that some people have been too quick to jump the gun and assume certain automakers would sell, or not sell.

GM: Talk about shoving it in the face of those who thought GM would fall behind Toyota. June sales dropped 8.3%, MUCH better than the 19% decline Wall Street predicted. This may be a testament to the power of GM's 0% for 72 hour sale. That promotion clearly had an impact, GM truck sales were down just 6 % while Toyota's truck sales were down 30% and Ford's dropped more than 20%

Lexus: What's up with a 21% plunge in sales? Are the well-to-do in this country pulling back? Questions for a brand that has traditionally had all the answers. I do think the economy has played a role in the drop of Lexus sales. But 21%? That smacks of a brand needing a jolt. Especially with sales this year down more then 10%.

Honda: These guys keep rolling while the economy is sliding. Sales up 13.8% in a down market. Impressive. Sure, you can say it's because of the Accord, Civic and Fit. Who cares. They are selling and that's all that matters.

Ford Auto Sales
Ford Auto Sales   

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