SOURCE: Industrial Info Resources

July 03, 2008 05:00 ET

Sales Plummet in June as Automakers Struggle to Adapt to Rapid Market Changes, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - July 3, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Major automakers -- foreign and domestic alike -- experienced major sales declines in June after struggling to keep up with consumers' rapidly changing purchasing habits from SUVs and pickups to more fuel-efficient vehicles. Chrysler posted the biggest loss, followed by Ford (NYSE:F) (Dearborn, Michigan), Toyota (NYSE:TM) (Torrance, California) and General Motors (NYSE:GM) (Detroit, Michigan). However, Honda (NYSE:HMC) (Torrance) posted a modest 1.1% rise in sales primarily because of the fact that its North American production is based on cars rather than trucks and SUVs.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to or visit us online at

Related News Articles

Chrysler Closing St. Louis Plant, Denies Bankruptcy Rumors

KIA Supplier Begins Site Preparation on $30 Million Automotive Stamping Plant in Georgia

India's RPG Group Plans $2.25 Billion Expansion in Carbon Black, Power and Tire Sectors

Contact Information

  • Contact:
    Joe Govreau