July's Global Automotive Inventory Charts
Auto sales numbers for July were released on August 1.
Overall, growth looked strong across those reporting, though some companies came in with growth below expectations.
To recap the July sales growth:
|Company||July Sales Growth|
Bank of America (NYSE: BAC) on August 5 published a note highlighting the growth in inventories for select automakers and regionally for Japan, Korea and the EU. Looking first at the U.S. specific firms, inventory supplies have grown in recent years and remain on the up-path relative to the five-year averages.
General Motors (NYSE: GM)
Ford (NYSE: F)
Regionally, Japan has remained stable, while Korean inventories have swelled to nearly 40 percent above the five-year average and eurozone inventories remain stable and roughly inline with the five-year average
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