US car sales crash. Honda win, most others lose.
Discussion
Some seriously scary sales figures for June. Hummer down 53%, GM down, Ford down 28% but many European makers suffer also:
http://jalopnik.com/397650/car-industry-carnage-us...
http://jalopnik.com/397650/car-industry-carnage-us...
Mr Gear said:
Hummers are retarded and the smart, innovative, high-quality manufacturers like Honda increase their market share. Where's the news? It's obvious this was going to happen to anyone apart from the Hummer board members.
It's a little more retarded, or better we say misleading, to compare Hummer and Honda sales in relation to present fuel prices. Hummer sell a large percentage of vehicles to military and industrial users. Honda sell a large percentage of vehicles into domestic markets. Hummer and Honda are leagues apart in units manufactured/sold.What is of concern is the relationship towards current buying trends for these different markets, and if the present trend is directly a result of current fuel prices, or other factors vectored into somewhat longer term sales trends.
Edited by Rocket Pepper on Thursday 3rd July 10:53
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