Auto Moto Show

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

ALEXANDRIA, Va., Aug. 4 /PRNewswire-USNewswire/ — The American International automobile Dealers Association (AIADA) today released July 2008 sales figures for the international automobile industry. AIADA represents over 11,000 international franchises, which increased their market share from 54.2 percent in June to 57.3 percent in July.
“This is a challenging time for all carmakers, international and domestic,” said American International automobile Dealers Association President Cody Lusk. “We are experiencing a period of change, as consumers respond to fuel prices, energy concerns, and a downturn in the economy. For now, international dealers are able to take solace in the fact that their reliable, fuel efficient vehicles are well suited for a new era of American driving.”
International brands sold 165,598 more vehicles than the domestic brands in July, despite an overall downturn within the industry. Asian brands have a 49 percent share of the market, Europeans have an 8.3 percent share, and domestic brands finish the month off with 42.7 percent. Nissan was the only major brand to see an uptick in sales through July. The Japanese automaker reported a 9.9 percent sales increase from the same time one year earlier.
“We don’t see any immediate relief in the next six months,” said Lusk. “Dealers are simply tightening their belts and working hard to provide the fuel efficient, affordable vehicles consumers need.”
For more information on automobile sales data and to view a full report on July automobile sales, please visit .
About AIADA: Established in 1970, AIADA is and continues to be the only association whose sole purpose is to represent America’s 11,000 international nameplate automobile franchises that sell and service the following brands: Acura, Aston Martin, Audi, Bentley, BMW, Ferrari, Honda, Hyundai, Infiniti, Isuzu, Jaguar, Kia, Land Rover, Lexus, Maserati, Maybach, Mazda, Mercedes, MINI, Mitsubishi, Nissan, Porsche, Rolls Royce, Saab, Scion, Smart, Subaru, Suzuki, Toyota, Volkswagen and Volvo. These retailers have a positive economic impact both nationally and in the local communities they serve, providing more than 500,000 American jobs. Visit AIADA online at .
American International automobile Dealers Association