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	<title>Auto Finance Blog &#124; myAutoloan Blog &#187; automobile</title>
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		<title>GM June U.S. Sales Improve 11 Percent</title>
		<link>http://blog.myautoloan.com/auto-news/auto-industry/gm-june-u-s-sales-improve-11-percent/</link>
		<comments>http://blog.myautoloan.com/auto-news/auto-industry/gm-june-u-s-sales-improve-11-percent/#comments</comments>
		<pubDate>Sat, 02 Jul 2011 18:44:34 +0000</pubDate>
		<dc:creator>Dale</dc:creator>
				<category><![CDATA[Auto Industry]]></category>
		<category><![CDATA[auto]]></category>
		<category><![CDATA[automobile]]></category>
		<category><![CDATA[car]]></category>
		<category><![CDATA[vehicles]]></category>

		<guid isPermaLink="false">http://blog.myautoloan.com/?p=705</guid>
		<description><![CDATA[• GM gains market share in first half of 2011, with sales 192,056 units higher • June retail sales rise 16 percent year over year, and up 4 percent over May • Chevrolet Cruze sales surpass 20,000 third straight month; retail sales up 153 percent • June total sales of full-size pickups increased 15 percent compared to May General [...]]]></description>
			<content:encoded><![CDATA[<p>• GM gains market share in first half of 2011, with sales 192,056 units higher<br />
• June retail sales rise 16 percent year over year, and up 4 percent over May<br />
• Chevrolet Cruze sales surpass 20,000 third straight month; retail sales up 153 percent<br />
• June total sales of full-size pickups increased 15 percent compared to May</p>
<p>General Motors dealers in the United States reported 215,358 total sales in June, an 11-percent gain compared to June 2010 according to a GM press release on Friday July 1. The gain was the result of continued solid retail demand for the company&#8217;s wide selection of fuel-efficient vehicles. Retail sales for GM&#8217;s brands rose 16 percent for the month, compared to a year ago, and were 4 percent higher than May.</p>
<p>For the month, Chevrolet Cruze had retail sales 153 percent higher than the Chevrolet Cobalt it replaced, and total sales above 20,000 for the third straight month. The 32 MPG highway-rated GMC Terrain and Chevrolet Equinox compact crossovers saw a combined retail sales increase of 78 percent during the month.  Passenger car and crossover retail sales also rose substantially, up 33 percent and 24 percent, respectively.</p>
<p>&#8220;With continued strong consumer demand for GM&#8217;s fuel-efficient vehicles, June was another solid month for us,&#8221; said Don Johnson, vice president, U.S. Sales Operations. &#8220;The month caps a successful first half of 2011 for us in the U.S. market – our sales are up and we&#8217;ve gained share profitably&#8221;, as reported in Forbes’ by Agustino Fontevecchia.</p>
<p>In the first half of 2011, GM dealers in the United States have reported 1,261,633 vehicles sold – a 192,056 unit increase over the first half of 2010 – leading to total and retail market share gains.</p>
<p><strong>Passenger Cars<br />
</strong>Total sales of GM passenger cars increased 28 percent during June, compared to a year ago. Retail sales for cars rose 33 percent for the month on the continuing strength of the Cruze, which was up 153 percent compared to the Chevrolet Cobalt it replaced. The Cruze Eco, which delivers an estimated 42 miles-per-gallon highway, accounted for 17 percent of the model&#8217;s sales during the month.</p>
<p>For the year to date, retail sales for GM&#8217;s full-size pickups are up 12 percent, while total sales of 259,101 units represent a 12-percent increase compared to the first six months of 2010.</p>
<p>Month-end dealer inventory in the United States stood at about 605,000 units, up about 21,000 units compared to May and about 168,000 units higher than June 2010.</p>
<p>It&#8217;s so nice to hear good news about the auto industry!  Let&#8217;s hope more good news is to follow.</p>
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		<title>Honda Celebrates 50th Anniversary in U.S.</title>
		<link>http://blog.myautoloan.com/auto-news/auto-finance-industry-news/honda-celebrates-50th-anniversary-in-us/</link>
		<comments>http://blog.myautoloan.com/auto-news/auto-finance-industry-news/honda-celebrates-50th-anniversary-in-us/#comments</comments>
		<pubDate>Thu, 11 Jun 2009 12:25:34 +0000</pubDate>
		<dc:creator>Dale</dc:creator>
				<category><![CDATA[Auto Finance Industry News]]></category>
		<category><![CDATA[auto loan finance]]></category>
		<category><![CDATA[automobile]]></category>
		<category><![CDATA[Honda]]></category>
		<category><![CDATA[refinance]]></category>

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		<description><![CDATA[Thursday, June 11, 2009  07:12am Yesterday, Honda celebrated its 50th year of operating in the United States, Auto Remarketing E-News  reports. It commemorated the golden anniversary by reflecting on a few of its milestones over these last 50 years. Beginning with the 1960s, Honda officials discussed how the company made its way into the motorcycle [...]]]></description>
			<content:encoded><![CDATA[<p><span lang="EN">Thursday, June 11, 2009  07:12am</p>
<p>Yesterday, Honda celebrated its 50th year of operating in the United States, <a href="http://www.autoremarketing.com/ar/index.html" title="Auto Remarketing E-News">Auto Remarketing E-News</a>  reports. It commemorated the golden anniversary by reflecting on a few of its milestones over these last 50 years.</p>
<p>Beginning with the 1960s, Honda officials discussed how the company made its way into the motorcycle market in the U.S.  &#8220;By leading American consumers to reconsider the motorcycle&#8217;s place in society, Honda almost single-handedly changed the image of two-wheeled transportation from something for motorcycle gangs to a form of transportation appropriate for everyone,&#8221; they noted.</p>
<p>As you look at the 1970’s, they marked the advent of the Honda Civic, which aimed to deliver higher fuel efficiency and meet new clean-air requirements.  &#8220;With the front-wheel-drive Civic, equipped with a cleaner, more fuel efficient and transverse-mounted engine, Honda demonstrated to the industry that it was possible to meet new requirements for cleaner air while offering customers a fun-to-drive car with higher fuel economy,&#8221; the company shared.</p>
<p>During the 1980’s, Honda introduced the Accord, which went on to become the first import nameplate to be the best-selling car in the U.S., according to Honda officials. &#8220;The Accord became the industry benchmark spawning a new generation of midsize cars and by building Accord in America, Honda demonstrated that it was possible to build high quality automobiles in the U.S,&#8221; they remarked.</p>
<p>By the time the 1990s rolled in, stricter emissions requirements were on the horizon, something on which Honda said it put a strong emphasis. &#8220;Meeting challenging new requirements for low emission vehicles years ahead of schedule at a time when other automakers said it was too difficult, Honda demonstrated that it was possible to meet the LEV, ULEV, and SULEV requirements while also meeting the needs of customers,&#8221; the company spokesperson pointed out.  In addition, they went on to say &#8220;As a result of these advances in clean emissions technology, the industry can now focus on reducing greenhouse gas emissions to address global climate change,&#8221;</p>
<p>Moving on, such environmental and fuel-efficiency issues have been brought to the forefront of the auto industry in the 2000s. Honda focused on ecological responsibility and innovation.  &#8220;By simultaneously advancing both advanced environmental and safety technologies and making them affordable for customers, Honda is leading the way in creating environmentally responsible mobility for a new generation,&#8221; officials commented.  They went on to say,  &#8220;This has included introducing America&#8217;s first gas-electric hybrid vehicle and the first fuel-cell vehicles leased to individual customers, while offering safety technology as standard equipment in all of its vehicles&#8221;</p>
<p></span></p>
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