HispanicBusiness

Chrysler, the third largest car manufacturer in the US, had its best July since 2007, increasing sales 13 per cent from July 2011, the company said Wednesday.

Competitors General Motors and Ford both posted lower monthly sales figures, attributing the falling numbers to lower fleet sales to rental companies and other businesses.

GM, the top US car manufacturer, posted a 6-per-cent drop in sales from July 2011. The majority of the losses came from a 41 per cent reduction in sales to car rental companies, the company said in a statement.

Ford also suffered from decreased rental fleet sales, with overall sales falling 4 per cent under July 2011.

Foreign car companies had strong showings in July. Toyota sales rose 26 per cent, while Nissan sales rose 16 per cent.