Auto Sales Hit Highest Level Since Early 2008

Business News

0  Updated at 4:04 pm, October 2nd, 2012 By: ABC Digital
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iStockphoto/Thinkstock(NEW YORK) — Car and truck sales in the U.S. have hit their highest level since February of 2008, according to Autodata.
 
Of the Detroit three, Chrysler had strong sales, showing a 12-percent increase compared to a year ago. General Motors and Ford had more muted numbers — GM sales were up 1.5 percent and Ford sales were down 0.1 percent.
 
Japanese carmakers posted strong year-over-year gains, in part because the comparison is to a time when they were suffering badly from the effects of the Japanese earthquake.
 
Smaller, more fuel efficient cars posted by far the strongest sales for the car companies.

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