US auto sales continue to plummet. June 2008 sales, compared to the same period last year, are falling at unbelievable levels. Check out the depressing figures below for the US automotive industry:

BMW = -11.0%
Chrysler = -35.9%
Daimler = +12.9%
Ford = -28%, inclusive of medium- and heavy-duty trucks
Toyota = -11.5%
Lexus = -21.1%
Honda = +13.8%
GM = -18.5%
Nissan = -17.7%
Mitsubishi = -42.4%
Subaru = 5.3%
Porsche = -18.9%
VW = +1.3%
Mazda = +7.7%

Although Nissan lost sales #, they are positioned to rebound decently as their vehicle line-up includes a number of compact and sub-compact vehicles.

Toyota’s woes could have been lessened if it were not due to supply problems with the growingly popular Prius hybrid compact.

As for GM and Ford? Compact cars are an anamoly to them. I hope that the introduction of European Ford models will hopefully help the Blue Oval marquee rebound a bit. And Chrysler? They’re still offering that silly $2.99 gas price guarantee program. No matter what the gas price may be, you can’t sell cars no one wants.

Let’s hope things improve for July 2008.

Sourcebox: Automotive News / Manufacturer Sales Data

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