Detroit automakers witness increase in sales - The Market Business
DETROIT — New vehicle sales rose 6. 4 percent in July for General Motors, 6 percent for Fiat Chrysler Automobiles and 5 percent for Ford as low interest rates, falling gas prices and an improving job market kept showroom traffic brisk. Nissan sales rose 7. 8 percent from a year earlier and Honda’s were up 7. 7 percent, led by its CR-V compact crossover (up 11 percent) and the Odyssey minivan (up 18 percent). Hyundai said its U. S. sales rose 6 percent to 71,013 in July while Volkswagen sales rose 2. 4 percent, led by its new Golf small car, which totaled 6,717, more than doubling the year-earlier volume of 2,446. For FCA US, sales of Jeep rose 23... Sales for the automaker’s Dodge brand fell 13 percent, and Fiat sales fell 15 percent. Within those brands, sales rose 22 percent for Jeep Patriot, 18 percent for Jeep Wrangler, 13 percent for Jeep Cherokee and 85 percent for the Chrysler 200. At Ford, Mustang sales jumped 29 percent, and the upscale Lincoln brand posted a 21... Source: www.themarketbusiness.com
