US auto sales drop year over year in Dec but post gain for 2013

03 January 2014 20:04  [Source: ICIS news]

HOUSTON (ICIS)--US December auto sales fell by nearly 21% year over year, although total sales in 2013 climbed by almost 5.7% from the same period in 2012, according to an AutoData report released on Friday.

US December auto sales of passenger cars and light trucks totalled more than 1.076m units, down from nearly 1.356m units for the same month in 2012, the US-based research firm said.

Among the major US producers, General Motors saw a 6.3% year-on-year drop in sales in December. However, Ford and Chrysler posted yearly gains of 1.7% and 5.7%, respectively.

Total 2013 sales of passenger cars and light trucks in the US reached over 15.316m units, up from nearly 14.492m in 2012.

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

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By: Tracy Dang
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