Streams

Big Three All Posted Double-Digit Gains In Auto Sales Last Month

Tuesday, September 04, 2012

"All three Detroit automakers saw double-digit sales increases in August compared with the same month last year," the Detroit Free Press writes. The gains "show that the automotive industry remains one of the economy's few bright spots," it adds.

As the Los Angeles Times puts it, "consumers bought cars at a steady pace in August as the automobile industry continued to help anchor the U.S. economy."

Chrysler said it sales rose 14 percent, "on strong demand for Ram pickup trucks," The Associated Press reports.

"General Motors Co. sales jumped 10 percent, about double expectations, and Ford Motor Co. sales were up 13 percent, about 3 percentage points higher than anticipated," the Detroit News says. It adds that "Fiat's 34 percent increase was the largest sales gain of any Chrysler brand, and August marked Chrysler Group's 29th consecutive month of year-over-year sales gains."

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

Source: NPR

Tags:

More in:

News, weather, Radiolab, Brian Lehrer and more.
Get the best of WNYC in your inbox, every morning.

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.

Sponsored

Latest Newscast

 

 

Support

WNYC is supported by the Charles H. Revson Foundation: Because a great city needs an informed and engaged public

Feeds

Supported by