On July 31, Boeing Co. concluded a sale of 40 wide-body 777s valued at $13 billion to All Nippon Airways (ANA), the launch customer for Boeing's 787. ANA has become the world's largest customer for the Boeing Dreamliner with a total of 80 airplanes in its fleet. A few days ago Boeing announced it won an order totaling $8.8 billion from BOC Aviation Pte for 82 planes including two wide-body 777s.
July was a good month for the automotive industry as well as U.S. light-vehicle sales rose 9% year-over-year to $1.44 million. Sales on an annualized rate basis increased to 16.5 million from the year-ago level of 15.8 million units. General Motors saw July sales up 9% year-over-year with 256.160 vehicles sold - the company's best July since 2007. Ford reported a 10% increase in total sales from the same period a year ago to 212,236 vehicles, the company best July sales in eight years. Chrysler Group reported a 20% year-over-year jump in sales with 167,667 vehicles, the best July sales for the company since 2005.
Toyota's sales increased 7.3% year-over-year on a daily selling rate basis and 11.6% on volume to 215,802 units in July. Nissan Motor posted an 11.4% year-over-year increase in sales to 121452 vehicles in July, with sales in the Nissan division climbing 11.5% to 112, 914 vehicles, and sales of Infiniti vehicles jumping 10% to 8,538 units in the month. Honda was the laggard reporting a 3.9% year-over-year decrease in sales on volume basis to 135,908 vehicles in July. Honda's luxury vehicle division, Acura, fell 17.6% on volume basis and 20.8% on DSR basis to 12,480 vehicles.
Non-defense new orders for capital goods in July increased $51.5 billion or 60.8% to $136.3 billion. Shipments increased $1.1 billion or 1.4% to 79.1 billion. Defense new orders for capital goods in July decreased $1.5 billion or 15.3% to $8.6 billion.