US October auto sales hit 1.2m units, up 11% year on year

01 November 2013 19:25  [Source: ICIS news]

HOUSTON (ICIS)--US October auto sales increased by 11% year on year and are 8.4% higher year-to-date, according to a report released on Friday by AutoData.

US October auto sales of passenger cars and light trucks were more than 1.208m units, up from 1.092m units for the same month a year ago.

Among the major US producers, General Motors registered the largest increase, with sales up by 16% year on year.

Honda and Toyota were the only two of the six largest producers to see year-on-year increases of less than 10%.

Year-to-date US auto sales were at 12.99m units, up by 8% from 11.99m units through October 2012.

US auto sales are a key indicator of the strength of the US chemical industry, especially for polymers such as acrylonitrile-butadiene styrene (ABS), polycarbonate (PC) and nylon and for styrene butadiene rubber (SBR).

By: John Dietrich

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index