US April automobile sales rise 2.3% year on year

01 May 2012 22:22  [Source: ICIS news]

HOUSTON (ICIS)--US April sales of passenger cars and light trucks increased 2.3% year on year, according to data released by Autodata on Tuesday.

Sales in April totalled 1,184,447 units, up from 1,157,794 sold in the same month a year ago.

Sales for the first four months of the year are up 10.3% year on year to 4,651,943 units sold compared with 4,217,599 in the first four 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 (€2,506) worth of chemicals.

Of the six major auto manufacturers in the US, Chrysler and Toyota Motor Sales recorded increases in sales year on year. Chrysler sold 141,165 vehicles, a 20.4% increase over the same month a year ago, while Toyota sold 178,044 units, an increase of 11.6%.

General Motors (GM), Ford, Nissan North America and American Honda each sold fewer cars in April than in April 2011.

However, GM sold more vehicles in April than any other car manufacturer in the US, with 213,387 units sold.

($1 = €0.76)

By: Wesley Busch
+1 713 525 2653

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