English | دری

Toyota and Honda US sales Surged in June

in International Business

Toyota and Honda US sales Surged in June

Sale of Japanese carmakers Toyota and Honda went up by 60% and 49% respectively in the US in the month of June, as Japan’s economy recovered from the disastrous earthquake and tsunami.

The decline in fuel process also boosted the sales growth.

Other motor companies like Nissan Motors (28%), Volkswagen (34%) and Ford Motors (15%) also reported a jump in their sales in the US.

These numbers indicate that economic recovery in the US is going in a good pace and that the growth momentum of the manufacturing sector may continue to rise.

“Despite a rising level of uncertainty with the economic recovery, consumers remain resilient in their willingness to purchase new vehicles,” said Jeff Schuster, senior vice president of forecasting at LMC Automotive.

Tags assigned to this article:
car sales in the USHondaJapanese carmakersToyota

Related Articles

Ahmadinejad’s opponents criticize him for his actions in economic crisis

Mahmoud Ahmadinejad’s conservative opponents, who hold 290 seats in the parliaments, have severely criticized Ahmadinejad’s handling of the economic crisis.

Greece rejects bailout offer

Greece voters overwhelmingly rejected demands by international creditors for more austerity measures in exchange for a bailout of its bankrupt

Spain’s Manufacturing Sector Deceleration Eased

Spain’s manufacturing sector continued to contract in August as a recession weighed on production, but the downturn did at least

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.