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Tuesday, Sep 4
2012, 2:39 PM
August auto sales wrapup: Small fuel-efficient models led automakers to record a solid month and...
August auto sales wrapup: Small fuel-efficient models led automakers to record a solid month and keep on a 14.5M annual sales pace. Ford (F) backed its recent plan to increase production with broad gains, while GM rode fleet buyers to double-digit growth. Though numbers from Japanese firms (TM, HMC, NSANY.OB) are still out of whack due to last year's earthquake, consumers looking for fuel-efficient models and emboldened with better financing terms came back into the market in force for imports. Chrysler (FIATY.PK) didn't miss out on the fun, with the Dodge Dart roaring to a good debut.