Larger Vehicle Demand Lifts Auto Sales to Record in August - 123Jump.com
Seven largest automakers reported higher-than-expected sales and helping the industry to achieve record monthly sales since July 2005. U. S. auto sales in August fell 0. 5% to 1. 58 million dented by one less selling day from a year ago month and... Luxury auto and large vehicle sales led the monthly sales mainly due to relatively low gas prices at about $2. 70 per gallon nationwide. In August, sale of passenger cars declined 10. 3% to 687,998 from 767,190 but light truck sales climbed 8. 6% to 889,409 from 818,825 in the month a year ago. Seasonally adjusted annual sales rate in August jumped to 17. 81 million from 17. 55 million in July and from 17. 32 million in a year ago month, according to the data released by the industry researcher Autodata Corp based in Woodcliff Lake, New... Two of the five largest automakers reported positive August sales and three reported negative sales. Ford sales surged 5. 6%, Fiat Chrysler sales increased 1. 7%. Sales at General Motors slid 0. 7% and Nissan sales fell 0. 8% while sales at Toyota plunged 8. 8%. For the year so far, Fiat Chrysler sales surged 5. 5%, Nissan sales soared 4. 2%,... Source: www.123jump.com
