US auto sales surge in January on improving economy


(MENAFN) Major automakers reported large gains in their January sales in the US as the improving economy and low fuel prices kept demand high for larger vehicles, AFP reported.

General Motors posted an 18 percent increase in US sales, with total sales at 202,786 units, boosted by big gains in its Silverado pickup truck and GMC line of sports utility vehicles (SUVs).

Ford Motor said its sales increased by 15 percent, with the No. 2 US automaker achieving large gains for the Focus and Mustang cars, as well as many SUVs and trucks, with sales totaling 178,351.

Fiat Chrysler Automobiles' arm FCA US sales jumped 14 percent to 145,007 units on solid gains in its Jeep model. Toyota Motors sales grew 16 percent to 169,194 units on strong sales of Corolla car.


MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.