Automakers Report US Sales Up In March For Best Month In Nearly 6 Years; Growth Pace Slows
Source: Associated Press
By Associated Press, Updated: Tuesday, April 2, 11:14 AM
DETROIT — March is turning out to be the best month for auto sales in at least six years.
Major automakers including Ford, Chrysler, Toyota, General Motors and Nissan all reported increases, with some reporting their best monthly totals since the start of the Great Recession in December of 2007.
Buyers were lured to showrooms by flashy new vehicles and low interest rates. Plus they continue to replace older cars and trucks — the average age of a vehicle on U.S. roads is more than 11 years.
“A strong first-quarter close and increased consumer confidence continue to position the auto industry as a leader in the economic recovery,” Bob Carter, Toyota’s senior vice president of automotive operations, said in a statement.
Read more: http://www.washingtonpost.com/business/automakers-report-us-sales-up-in-march-for-best-month-in-nearly-6-years-growth-pace-slows/2013/04/02/106d7a26-9ba8-11e2-9219-51eb8387e8f1_story.html
= new reply since forum marked as read
