US Automakers Up, Toyota, Honda Down in August Sales Getty Images

US Automakers Up, Toyota, Honda Down in August Sales

Ford had its best August in nine years, and GM was up 6%.

NEW YORK—Automakers posted Tuesday strong U.S. auto sales in August, with sport utility vehicles and pickups continuing to see robust demand amid low gasoline prices and an improving jobs market.

General Motors, the largest U.S. automaker, said it sold 270,480 vehicles last month, a gain of 6% from August 2014.

"GM's retail sales increase far outpaced the industry in August, and we have grown our retail share for five months in a row compared to last year," said Kurt McNeil, GM's U.S. vice president of Sales Operations, in a statement.

"All of the economic fundamentals that we look at, including job growth, disposable income and fuel prices, are in good shape and that should keep sales strong," he said.

GM said it had adjusted the month's sales for the shifting Labor Day holiday, which left this year's August period with 26 selling days, compared with 27 for last year. In unadjusted numbers, GM's August sales fell 0.7%.

Ford Motor said it had its best August U.S. sales in nine years. The No. 2 U.S. automaker said it sold 234,237 vehicles, a 5% percent increase year-on year.

Sales of F-Series pickup trucks jumped 5% percent to 71,332 units, the best monthly result since 2006. The company is stepping up production of its new aluminum-bodied F-150 pickup--its most popular vehicle, accounting for almost half its earnings.

Italian automaker Fiat Chrysler Automobiles's U.S. unit, FCA U.S., said it had its best August sales in the United States since 2002 at 201,672 vehicles, an increase of 2% from a year ago. The results were driven higher by an 18% jump in its Jeep brand.

Toyota reported US sales tumbled 8.8% to 224,381 units, noting the skewed calendar with one less selling day this year. On an adjusted basis, sales fell 5.3%.

Sales of Toyota's signature gasoline-electric hybrid Prius dove 24.2% as low gasoline prices at the pump continued to boost demand for bigger gas-guzzlers.

Mid-sized pickup Tacoma and Highlander SUVs had their strongest monthly increase since 2003. Sales of the luxury Lexus brand rose 2.1% to 33,487 units in August, its best month ever. 

Honda said its US August sales fell 6.9% to 155,491 vehicles,

"The shorter sales month versus last year obscures the continued strong sales momentum of core Honda models," said Jeff Conrad, Honda Division senior vice president and general manager.

"We're working hard to keep up with the strong demand for our trucks, while our sedans continue to set the bar for retail sales."

Copyright Agence France-Presse, 2015

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish