July Auto Sales: Growth Slows for Chrysler, Ford and GM
Chrysler Group's 13 Percent Gain Leads Domestics
Sales momentum for the U.S. automakers slowed appreciably last month, as only the Chrysler Group managed to finish in the black, with a 13 percent increase in deliveries—about half the gain posted by Toyota in July. Ford sales slipped by 4 percent, while the General lost ground to the tune of a 6 percent volume decrease. The trio clearly was hoping to do better, but each did have some good news to spin our way, along with reasons to believe they'll get back on track in August.