US auto sales for March increase 13% year on year

03 April 2012 22:00  [Source: ICIS news]

HOUSTON (ICIS)--US March sales for passenger cars and light trucks increased 12.7% year on year, according to data released by Autodata on Tuesday.

Sales in March totalled 1.4m units, up from 1.2m sold in the same month a year ago.

Sales for the first three months of the year are up 13% year on year to 3.5m compared with 3.1m in the first three months of 2011.

The US automobile industry comprises one of the major segments for chemicals such as acrylonitrile butadiene styrene (ABS), styrene butadiene rubber (SBR), nylon 6 and nylon 6,6, polycarbonate (PC) and several synthetic fibres and paints and coatings.

The American Chemistry Council (ACC) estimates that each automobile contains an average of $3,297 (€2,473) worth of chemicals.

Of the six major auto manufacturers in the US, only Honda sold fewer cars in March than the company did in the same month a year ago.

Chrysler recorded the highest sales increase for the month, selling 34.2% more vehicles than in March 2011.

($1 = €0.75)

By: Bobbie Clark
+1 713 525 2653

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