"All three Detroit automakers saw double-digit sales increases in August compared with the same month last year," . The gains "show that the automotive industry remains one of the economy's few bright spots," it adds.
As , "consumers bought cars at a steady pace in August as the automobile industry continued to help anchor the U.S. economy."
Chrysler said it sales rose 14 percent, "on strong demand for Ram pickup trucks," .
"General Motors Co. sales jumped 10 percent, about double expectations, and Ford Motor Co. sales were up 13 percent, about 3 percentage points higher than anticipated," . It adds that "Fiat's 34 percent increase was the largest sales gain of any Chrysler brand, and August marked Chrysler Group's 29th consecutive month of year-over-year sales gains."
Copyright 2020 NPR. To see more, visit https://www.npr.org. 9(MDAxNDQ2NDAxMDEyNzU2NzM2ODA3ZGI1ZA001))
