News

Automakers See Improved Sales In November

Monday, December 3, 2012

Detroit’s automakers are reporting improved sales for the month of November.

Automakers benefited from rising consumer sentiment, and the need to replace vehicles damaged by Superstorm Sandy.

Chrysler posted sales gains of 14% in November.

Ford sales improved by 6%, while General Motors’ sales grew 3% for the month.

GM Vice President of Sales Operations Kurt McNeil says the health of the industry is improving, but discussions on the “so-called” fiscal cliff are having an impact.

“The uncertainty over taxes and what it could mean to the individual consumer. There’s just a hesitancy to act.”

Meanwhile, Toyota sales jumped 17% last month. Honda sales rose nearly 39%.