July saw the biggest decline in U.S. vehicle sales this year, leaving automakers to hope that people are just waiting to pounce on Labor Day deals.Ford’s sales were down 7.5 percent, Fiat Chrysler’s declined 10 percent, Volkswagen’s fell 5.8 percent, Nissan’s fell 3 percent and Honda’s were down 1.2 percent.Automakers continue to see healthy profits, thanks to consumers’ preference for SUVs.GM said sales of its recently updated GMC Acadia SUV jumped 30 percent, while sales of Toyota’s RAV4 SUV rose 36 percent to 41,804, a monthly record.[...] car sales are plummeting, hurt by low gas prices and changing tastes.Sales of the Ford Fusion midsize sedan dropped 42 percent, while sales of the Chevrolet Spark subcompact fell a whopping 82 percent.Average interest rates on new-vehicle loans fell to a six-month low of 4.77 percent in July as more brands offered no-interest financing, Edmunds said.
NYS Entity Status
NYS Filing Date
SEPTEMBER 04, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - J SAW MILL AUTO SALES CORP.
AROUND THE WEB
- Auto sales down in July, the worst month of the year
By Dee-Ann Durbin - Tuesday Aug 1, 2017
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Wednesday Sep 20, 2017
General Mills said its revenue declined for the ninth straight quarter, as sales of Yoplait yogurt and cereal brands continued to sink.
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By Reuters - Thursday Jul 13, 2017
Target Corp. forecast sales to increase for the first time in five quarters, thanks to improved customer traffic and sales trends, sending its shares up as much as 4 percent and pushing retail stocks higher in early trading. The forecast comes days after rival J.C. Penney said it was expecting second-quarter sales to significantly improve...
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Wednesday Jun 28, 2017
General Mills’ new chief executive said he would invest in reviving sales as the struggling yogurt business continues to weigh on the company.
- August Was Mixed Month for Auto Makers
Friday Sep 1, 2017
U.S. auto sales continued to struggle in August amid mounting signs that American car buyers have become increasingly fickle.