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March looks to have turned out to be one of the biggest months for auto sales in nearly six years.
The industry sold almost 1.5 million vehicles in March, about 5 percent more than the same month a year earlier and likely the most since the 1.6 million sold in May 2007, according to automotive information company Edmunds.com.
General Motors Co. said Tuesday that its U.S. sales rose more than 6 percent to 245,950 vehicles compared to the same month a year earlier, “thanks to a strengthening economy and new products,” said Kurt McNeil, vice president of U.S. sales operations.
Ford Motor Co. said it sold 236,160 vehicles last month, almost a 6 percent rise from the same period a year earlier.
Truck sales for Ford and the other Detroit automakers were particularly good as the truck-heavy home-construction industry continues to recover in the U.S.
“Full-size pickup demand continues gaining momentum, outperforming the industry for the third consecutive month,” said Ken Czubay, Ford vice president for U.S. marketing, sales and service.
Chrysler Group said it sold 171,606 vehicles, a 5 percent increase over March 2012 and the group’s best monthly sales since December 2007. The automaker posted a 25 percent rise in Ram pickup truck sales.
Toyota Motor Corp. reported monthly U.S. sales of 205,342 vehicles, up 1 percent.
Nissan North America March U.S. sales totaled 137,726 – the best-ever month for the automaker and an increase of 1 percent over the same period a year earlier.
Volkswagen said it sold 37,704 VWs last month, a 3 percent increase over prior year sales and its best March since 1973.
Despite a 2 percent dip to sales of 68,306, Hyundai said March was its second-best sales month in more than 25 years of selling cars in the U.S.
“We’re not quite back to pre-recession levels, but the industry is getting closer to a full recovery every month,” said Jessica Caldwell, an analyst at Edmunds.com.
— This article appeared on page B1 of the Albuquerque Journal
