Toyota Motor Corporation
NYSE: TM
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TM Articles
Ford sold more than 70,000 F-Series pickups in July, bringing the country's best-selling vehicle to a total of more than 500,000 units sold in the first seven months of 2018.
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Automakers will report July sales next week and industry researchers are forecasting month-over-month and year-over-year declines for the month and for the second half of the year.
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New car registrations in the European Union rose 5.2% year over year in June and are 2.9% higher for the first half of 2018. Volkswagen widened its lead as the top-seller.
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JetBlue orders planes from Airbus, Pfizer to defer some drug price increases, Toyota launches car-sharing service in Hawaii, and other important business headlines.
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Ford continues to dominate U.S. full-size pickup truck sales. The company sold more than 450,000 F-Series pickups in the first half of 2018.
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U.S. car sales are expected to rise in June, and most manufacturers are expected to post gains. One notable exception is Ford.
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After a blistering gain in April, European Union auto sales cooled off sharply in May. Sales volume rose by less than 1% even though automakers sold more units during the month.
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Two of the best-selling SUVs in the U.S. have been hammered for safety deficiencies by one of the most widely respected car testing organizations.
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Ford's F-Series pickups sold more than 80,000 units in May, far ahead of the more than 46,000 Ram pickups sold. GM no longer reports sales monthly.
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The overall auto industry will be healthy in May, with the exception of Ford, according to the latest forecast from Cox Automotive.
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New car sales in Europe rose nearly 10% year over year in April and sales for the first four months of 2018 are up nearly 3%.
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Ford and Ram reported monthly pickup truck sales Tuesday morning that were moving in opposite directions. GM no longer reports monthly sales.
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Ford's decision to concentrate its manufacturing efforts on its Focus passenger car and array of trucks and SUVs may have been made with little input from its dealer network.
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No large car manufacturer is expected to post results as poor as Ford's. The numbers tell why Ford is expected to exit the car market altogether in favor of trucks and sport utility vehicles.
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New car registrations in the European Union fell by 5.3% year over year in March, the first month of this year to post lower sales. For the first 3 months of the year sales are up less than 1%.
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