Sales of new cars and trucks roared off to a fast start in January.
Ford Motor said its sales jumped 15.3% to 178,351, powered mainly by trucks sales as its new-design F-150 jumped 16.8% to its best January since the truck set a sales record in 2004. That, despite the fact that the second of two F-150 factories wasn’t building showroom-ready trucks in January.
General Motors said January sales jumped 18.3% from a year earlier, to 202,786 cars, trucks and SUVs, as truck models jumped enough to outweigh some slides among cars.
Chrysler Group — now called FCA US — said its sales in January hit 145,007, up 14% from a year earlier, making it the best January sales since 2007.
Nissan Group was up 15.1%, delivering a January record.
Buyers’ shift back to bigger vehicles and to fuel-thirsty trucks and SUVs continued, as fuel prices fell.
SOURCE: James R. Healey