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Auto Sales Withstand Government Shutdown

November 2, 2013
Auto Sales Withstand Government Shutdown

Detroit's automakers posted double digit gains in October, despite the government shutdown that temporarily displaced 800,000 workers and scared many others.

U.S. automaker Chrysler said sales rose 11 percent in October from the same month in 2012, with double-digit gains for Dodge and Ram brands, The Wall Street Journal reported.

Ford Motor Company said sales rose 13.9 percent, although its car brands outshone its trucks with gains of 18.7 percent and 11.8 percent, respectively, reported Autodata, which compiles a monthly report on sales of select companies from Japan, Korea, Germany, Sweden, Britain and the United States.

General Motors Corporation said sales rose 15.7 percent over October 2012 with closely matched gains in cars and trucks.

GM said it sold 226,402 vehicles in October; Ford's total came to 191,267. Chrysler said sold 140,083 vehicles in the month, up from 126,185 in October 2012., with truck sales gaining a robust 15 percent and passenger car sales nearly flat, with a gain of 0.8 percent.

Foreign automakers posted mixed results. Daimler AG, makers of Mercedes-Benz, sold 32,620 cars in the month, a jump of 22.4 percent from October 2012. Nissan North America sales climbed 14.2 percent with 91,018 vehicles sold, and Toyota Motor Sales U.S.A., said it sold 168,976 vehicles, an 8.8 percent climb from October 2012.

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Original headline: Auto sales apparently unaffected by government shutdown


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Source: UPI Business News


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