March saw a 6 percent bump in auto sales, with a 16.4 million unit SAAR calming fears about a stagnant market. Light truck sales were up 11 percent, with passenger cars up by just one percent.
Among the top auto makers were Chrysler, with a 13 percent gain (mostly due to trucks, as the car-heavy Chrysler brand fell 23 percent), with Daimler up 11 percent and Volvo up 10 percent. Subaru and Mitsubishi also posted strong gains of 21 percent and 70 percent respectively. Honda was the lone auto maker to take a hit, down 2 percent, despite the Acura brand being up 11 percent.
Among brands, luxury labels like Lincoln, Lexus, BMW and Mercedes-Benz all posted double digit gains. Buick was up 13 percent, while Jeep was up a whopping 47 percent. Mini posted a 40 percent decline (due to a new model changeover), while Scion was down 8 percent, with sales of the FR-S declining by 26 percent.
For a full table, see Automotive News.
from The Truth About Cars http://ift.tt/Jh8LjA
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