Seeking Alpha

July auto sales wrapup: While GM and Ford (F) saw a disappointing month after fleet sales fell...

July auto sales wrapup: While GM and Ford (F) saw a disappointing month after fleet sales fell and money-back guarantees failed to perform, Japanese automakers such as Nissan (NSANY.OB), Honda (HMC), Toyota (TM) show outsized gains off of earthquake-influenced comparables. Chrysler (FIATY.PK) may have posted the sweetest month of the bunch, with a brisk 13% sales increase led by resonating new models. The overall trend for the sector is still positive despite the soft month, as industry-wide annual sales remain on a +14M track on the highest growth rate in 5 years.
Comments (2)
  • bbro
    , contributor
    Comments (10264) | Send Message
     
    No recession in this timely data...
    1 Aug 2012, 04:54 PM Reply Like
  • billddrummer
    , contributor
    Comments (1738) | Send Message
     
    Good entry point for Ford.
    1 Aug 2012, 11:24 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs