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Economic momentum United States August car sales dropped 21% year-on-year





United States car sales in August compared with the big fall 21%, for 27 years earlier, the worst performance.

According to various major automobile manufacturers 1, published in August the month auto sales data for United States market, major automobile manufacturers and sales have dropped significantly. Rixiche ' full defeat, Toyota Motors sales year-over-year slashed 31.4%, reduced to 14.84 million units. Nissan auto decline 27%, car Honda decreased 33%.

United States local three car companies, General Motors for the current month sales year-over-year decrease of 25%, as 18.51 million units. Ford Motors down to minimize 10.7 15.75 million units. Chrysler you outshine, current month sales rose 7% to $ 9.96 million, for the fifth consecutive monthly increases.

Current month car sales year-over-year decrease is due mainly to the United States automobile sales in August last year, the Government launched the "old-for-cash" plan to stimulate the substantial increase.

But analysts also believe that automobile demand shows that personal consumption is very weak, weak economic recovery in the United States, consumers cautious on consumer spending.