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News

Detroit Automakers See Gains In August

Detroit’s automakers watched their sales improve in the month of August. WDET’s Jerome Vaughn has more. SOQ

Sales for General Motors, Ford and Chrysler surpassed the expectation of industry analysts, especially in light of weak consumer confidence and Hurricane Irene.

GM sales jumped 18 percent…as consumers continued to purchase fuel efficient vehicles…such as the Chevy Cruze.

Ford sales rose 11 percent.

Demand for Chrysler vehicles jumped 31 percent…leading the automaker to its best August since 2007.

Toyota and Honda continued to suffer from supply problems caused by Japan’s earthquake and tsunami earlier in the year. Toyota sales fell nearly 13 percent. Honda sales dropped 24 percent.