Chrtsler Sales Up 12 Percent Last Month
Posted in the Autos Forum
#1 Oct 2, 2012
DETROIT - Chrysler's U.S. sales rose almost 12 per cent last month as the company reported its best September in five years.
The increase from a year earlier was fueled by new models, low interest rates and a stable U.S. economy, the company said. Its sales chief predicted that September sales for the industry would reach an annual rate of 14.9 million, making it the best month since March of 2008. Car companies report sales throughout the day on Tuesday.
The company's performance shows that Americans continued to buy new cars and trucks at a strong pace this year, making auto sales a steady bright spot in a cloudy economy. Cheap loans and leases, aging cars that need replacing, and a new lineup of fuel-efficient midsize sedans are drawing shoppers to dealerships.
#2 Oct 2, 2012
The lion's share of Chrysler's sales are minivans.
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