July sales strong overall, but Ford and GM film

Kurt McNeil, VP of sales at General Motors, GM July sales figures, with Phil LeBeau of CNBC to discuss.

By Joe Szczesny, NBC News logged-in user
While overall us. Car sales apparently again in July jumped, it was not a good month for two of the big three Detroit automakers. The typical buyer saw Japan's top two producers, on the other hand, the price rise to record levels.

Industry analysts will be followed closely in the next few weeks to see whether the market can maintain the momentum that it had shown in the first half of the year.

The weakest numbers came from General Motors and Ford, both of the reported sales declined in July - although Chrysler a domestic rival 13 percent sales increase compared with the same month a year ago written.

GM reported that its sales fall 6 percent left, it rental cut fleet sales. Ford reported a 4 percent decline, largely due to reduced sales to fleet customers. Both automakers have signalled, deciding to reduce low-profit sales practices, but were significant consequences.

With some automakers still need to wait for, report market share figures for July is not yet available. But for the first six months of the year 2012, GM share slipped to 18.1 percent compared with 19.9 percent in the same period a year earlier. Ford shares Meanwhile fell from 16.9 percent to 15.7 percent.

Among the first of the Japanese automakers report for July, Nissan scored a 16.3 percent increase for July, while Volkswagen posted a 27 percent increase in sales.

A major factor in the market has been a steady reduction in the incentives. At the same time, average selling prices - ATP or the prize which pays typical customer - has increases. Toyota and Honda both records last month, reported TrueCar.com, an authority on car prices, trends and forecasts.

TrueCar estimated that the average purchase price for light vehicles in the United States $30.369 in July 2012, to $487 (1.6 percent) from July 2011 and from $139 (0.5 per cent) from June 2012.

Honda, its ATP however saw 2 percent year compared with the previous year and 0.2 percent as of June 2012 to a record was Toyota's $27.123. by 3 percent for the year and 0.6 percent in June to a record jump $28.074.

"Even if automakers can feel that they are spending, the very low cost of funds and historically high ramps incentives actually creating value resale a lot of noise with less actual dollars spent, enable", said Jesse Toprak, Vice President of market information for TrueCar.com. "Manufacturers increasingly of the financial incentives and pushing financing and leasing programs move," he added.

GM said a bright note in his sales of image the strong result of Cadillac, reported a 21 percent increase in sales for the month. The luxury brand hopes to kick-off a resurgence with two new products: the high line XTS and the ATS, a BMW 3 series competitor.

In July of Chrysler sales gains and the Chrysler brand leader took with him his 28 consecutive month of the year compared to the previous its 35 percent of increase in sales, the biggest percentage increase of any brand of Chrysler Group in July.

"July another solid month for Chrysler Group, as we was again demonstrated our disciplined and methodical approach to growing revenue and profits," said Reid Bigland, President and CEO of the Dodge brand and head of U.S. sales.

The strong sales were informed on Monday that Chrysler had its highest quarterly profit in more than a decade in the second quarter.

Chrysler Group 13 percent increase in revenues was partially by two models, the sales figures for the month July driven: the Chrysler 200 mid-size sedan and the Dodge journey full size crossover. Sales of the award-winning journey to 69 percent the largest percentage increase of any model of the Chrysler Group in July.

VW was the first European to report the automakers eager reveal his continuing positive results in connection with the introduction of an "American-ten" Passat sedan, produced in a new plant in Tennessee.

"Volkswagen demand and enthusiasm for our products with more than 37,000 sold units for the month, which has further been pace of the double-digit sales growth for 2012," said Jonathan Browning, President and CEO of Volkswagen Group of America, Inc. "We are pleased that we consumers to see our strong lineup of award-winning, economical and high-quality vehicles and we expect, that to continue our growth."

What seems to win important impulses from an assortment of new products such as the Infiniti JX the automakers Nissan and Toyota Camry as the best-selling midsize car is the brand new Altima sedan with the intent on ousted.

Paul A. Eisenstein contributed to this report.