02 April 2013 18:37 [Source: ICIS news]
HOUSTON (ICIS)--The Big Three US automakers all reported higher March sales on Tuesday.
Ford and General Motors reported that sales rose by 6% compared with a year ago, while Chrysler saw sales for the month that had one fewer selling day than last year rise by 5%.
Ford reported its best monthly sales since May 2007 with total sales of 236,160. Car sales at the No. 2 automaker were flat from a year ago, while sport-utility sales were up by 14% and truck sales rose by 6%. Ford’s best selling models were the Fusion, Escape and the Explorer, which saw sales rise by 33%, its best month since a redesign in 2010.
General Motors reported total March sales of 245,950 light cars and trucks. Cadillac sales were up by almost 50% for the month compared with a year ago, while Buick was up by 37%, GMC rose by 12%, and Chevrolet sales were basically flat.
Chrysler, the No. 3 automaker in the US, said sales for the month rose by 5% from a year ago to 171,606 units. For March, Ram truck sales were up by 24%, the Avenger mid-size sedan rose by 33% to set an all-time sales record for the marque, and the Challenger muscle car sales were up by 42%.The better-than-expected sales figures for the month prompted automotive market researcher Edmunds.com to raise its 2013 sales forecast to 15.5m new cars and light trucks, a 6.9% gain over 2012. Its previous forecast was 15m.
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