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Tuesday, 4 October 2011

10% sales gained with the lead of Chrysler, Nissan, GM

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U.S. auto sales -- helped by big gains at Chrysler, Nissan and General Motors -- overcame widespread economic jitters to rise 10 percent in September, raising hopes the industry's recovery will accelerate in coming months.

It was the biggest increase in light vehicle sales since April, when surging gas prices and Japan's earthquake started to put a dent in demand.

The seasonally adjusted annual selling rate last month – 13.1 million units -- was the best since a similar rate in April, and up from an annual rate of 11.8 million in September 2010.

U.S. light vehicle sales are up 10 percent for the year through September to 9.5 million units.Vcommindia News

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