Chrysler Leads Gains in Best U.S. Auto-Sales Month Since ’06
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Chrysler Group LLC reported its best August for U.S. vehicle deliveries in 12 years, while Ford Motor Co., Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. also posted results that surpassed analysts’ projections.
Chrysler sales rose 20 percent, Nissan deliveries rose 12 percent, and Ford’s gained 0.4 percent. The annualized sales pace adjusted for seasonal trends rose to 17.5 million light vehicles, the fastest since January 2006, according to researcher Autodata Corp., exceeding the 16.6 million pace that was the average of analysts’ estimates compiled by Bloomberg.