US car market riding high as sales in China slow down - Albany Times Union

At the same time, U. S. sales remain on pace to top 17 million this year for the first time since 2001. It's a reversal from six years ago, when U. S. vehicle sales plunged during the recession and China easily surpassed the U. S. as the world's... Sales figures for August released Tuesday by Sweden's Volvo Cars tell the story: Volvo's U. S. vehicle sales jumped 18. 3 percent as the new XC90 SUV went on sale, and they rose 6. 5 percent in Europe. But its sales in China plunged 10 percent. Total sales fell less than 1 percent to 1. 58 million, but primarily because sales for a late-arriving Labor Day weekend will be included in September figures. Labor Day is typically a big sales weekend as dealers hold model year-end clearance sales. Increasingly confident U. S. consumers are being lured to dealerships by low interest rates, low gas prices and enticing new small SUVs like the Jeep Renegade and Honda HR-V despite some angst in the stock market caused by fears of the economic... For August, Ford reported a 5-percent gain as sales of its new F-150 gained steam, and Fiat Chrysler's sales rose 2 percent thanks to strong demand for Jeep SUVs. Hyundai's sales were up 3 percent thanks to its new Santa Fe SUV. Source: www.timesunion.com