Ford, GM, Chrysler Post August Sales Gains

By: Associated Press
By: Associated Press

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Tuesday, September 4, 2012

Americans have been buying a lot of pickups -- and that helped fuel a big overall jump in U.S. auto sales last month.

GM's August sales rose 10 percent from a year earlier. Ford's rose 13 percent, and Chrysler saw a 14-percent increase.

Americans were drawn into dealer showrooms by model-year closeouts, low-interest financing and some appealing new models.

Pickups are traditionally the top sellers in the U.S., and they drove much of the business -- thanks in part to a recovering housing market.

Sales of Ford's F-Series trucks rose 19 percent, while Chrysler's Ram jumped by the same.

GM's pickups, the Chevrolet Silverado and GMC Sierra, saw a 6-percent sales increase.

A GM economist says the overall increase was due mainly to pent-up demand, as consumers and businesses were forced to replace aging cars and pickup trucks.

Honda -- whose factories were hobbled last year by the earthquake in Japan -- reported a 60 percent increase over last August, led by the Civic compact, the CR-V and the Accord.

Volkswagen continued its staggering growth, with sales jumping 63 percent on strong demand for the Jetta and the Passat.


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