Fri, Jul. 1, 6:11 PM
- A series of record-June announcements from automakers today added up to U.S. auto sales marking an overall record for the first six months of the year.
- Sales were up 1.5% to 8.65M units vs. a year-ago 8.5M. June sales rose 2.5% to make up for a May disappointment.
- Most automakers posted gains -- including Ford Motor (F +1.2%), Fiat Chrysler (FCAU +2%), Nissan (OTCPK:NSANY +0.5%), Honda (HMC -0.8%), Hyundai (OTC:HYMLF) and Subaru (OTCPK:FUJHY -1.7%) -- and many set records. Meanwhile, Volkswagen (OTCPK:VLKAY +3.4%), Toyota (TM -0.4%) and General Motors (GM +2.1%) saw declines.
- Overall sales are starting to flatten out after six years of growth, but low gas prices and interest rates are presaging that automakers can hold this level of success for some time.
Fri, Jul. 1, 1:56 PM
- Subaru (OTCPK:FUJHY -1.6%) U.S. unit sales rose 5.1% to a June-record 46,598 vehicles and the company posted its 55th straight month of M/M gains.
- Outback, WRX/STI and Crosstrek marked their best June ever. The company has sold 10,000 Outbacks for the 28th straight month, and 10,000 Foresters for the 35th straight month.
- By model: Forester -14.4% to 12,029; Impreza -1.4% to 4,994; WRX/STI +44.5% to 3,130; Legacy +11% to 5,023; Outback +23% to 13,417; BRZ -36.9% to 347; Crosstrek +8.5% to 7,658.
- YTD Subaru U.S. sales are up 2.6% to 279,458 vehicles.
Fuji Heavy Industries is engaged in the manufacture, repair and sale of automobiles, industrial equipment, airplanes and aerospace-related equipment, and various other machinery. Co.'s automobiles and industrial equipment are sold under Subaru brand and Robin brand. Co.'s principal products are... More
Sector: Consumer Goods
Industry: Trucks & Other Vehicles
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