Contact Us
Make My Homepage

Auto Sales Maintain Momentum, Led By Pickups

Not since before the recession have Americans been buying new cars and trucks at the pace that was seen last month.

Peter Cade, Getty Images

Ford says its sales rose 14 percent, while Chrysler’s rose 8 percent and GM saw a gain of 6.5 percent. The automakers were boosted by continuing demand for big pickups.

Japanese automakers reported solid gains as well. Nissan’s sales jumped 13 percent, while Toyota’s were up 10 percent. But Volkswagen’s sales dropped 3 percent. That’s the third straight monthly decline for the German car company.

Analysts say they don’t see much that could slow the sales momentum of the first six months of the year. Factors that helped spur sales — including low interest rates, wider credit availability and rising home construction — are likely to remain in place. And demand hasn’t been dampened so far by hiccups in the stock market, or by higher taxes and fluctuating gas prices.

 

(Copyright 2013 by The Associated Press. All Rights Reserved.)

Best of NJ 101.5

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://nj1015.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for New Jersey Insiders quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive New Jersey Insiders contests, events, coupons, presales, and much more delivered to you for FREE.