Toyota is best-selling auto, U.S. makers have strong showing
Posted on Friday, July 26, 2013 at 11:18:34 AM
While Toyota is still the best selling car manufacturer in the world, U.S. auto makers have put forth a strong first half of 2013, illustrating that America isn't out of the conversation completely.
Car sales are up, and many auto financing borrowers are choosing the Japanese powerhouse, and General Motors and Volkswagen trail close behind, according to Reuters.
Toyota reported nearly 5 million vehicles sold between January and June, and sales in the U.S. accounted for a significant portion of that. Year-over-year, the numbers are slightly lower for the company.
In contrast, GM's first half stats are up 4 percent, and its 4.85 million cars and light trucks sold barely trail Toyota, the news source noted.
Additionally, the Chevrolet Impala recently was named Consumer Reports' highest-rated sedan, an accolade typically reserved for other car makers. In other categories, U.S. brands put together a strong performance, with Chrysler, Ford and Jeep all receiving positive reviews for various makes and models.
According to Consumer Reports, the Impala has undergone a drastic shift, from one of the lowest scoring sedans to the best in its category, now highly recommended to anyone looking to buy. Multiple American manufacturers are well worth the auto financing investment, and the segment is clearly seeing a re-birth, the source added.