US auto sales are stronger than expected - Ledger Gazette

Because of the low gasoline rates, Ford SUV sales witnessed a jump of 12% to 69,000 units during the month, while Ford van category sales increased 70% from past year period as Transit vehicles sold well. Hyundai’s sales were up 3 percent, boosted by its new Santa Fe SUV. “Improved availability helped make August the strongest sales month this year for F-Series”. Chinese auto sales growth peaked at 45 percent in 2009, the same year U. S. sales sank to a 30-year low of 10. 4 million vehicles. Sales of the Lincoln brand rose 6% year over year in August while sales of Lincoln utility vehicles rose by almost 17%. Total sales fell less than one percent. General Motors (NYSE: GM – news), the largest US automaker, said it sold 270,480 vehicles last month, a gain of 6. 0 percent from August 2014, after it adjusted for the fact that the Labor Day weekend, a factor in last year’s August sales, only... Ford dropped 0. 9 percent to $13. 75 and Fiat Chrysler declined 3. 6 percent to $13. 62. Eight of Fiat Chrysler’s vehicles set monthly sales records in August: the Jeep Compass, Cherokee, Wrangler and Patriot, the Ram pickup and ProMaster van, and... Other automakers will release their August auto sales. Source: www.ledgergazette.com