Economics

GM Leads Fastest Car Sales Since 2000 in Sign of U.S. Strength

  • Fiat Chrysler sees annual rate topping 18 million vehicles
  • SUV demand drives 33% gain for Jeep, October best for RAV4

How Long Can U.S. Car Sales Keep Booming?

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the best two-month stretch of U.S. sales in 15 years, another sign that the nation’s economy is improving.

General Motors Co. and Fiat Chrysler Automobiles NV were among manufacturers posting October results that topped analysts’ estimates after a robust September, with the continued popularity of expensive trucks and luxury sport utility vehicles showing that buyers are willing to spend. Ford Motor Co. and Honda Motor Co. fell short of predictions.