Auto sales accelerate
Wed, 01 Aug 2012 12:58:34 GMT —
Chrysler says its U.S. sales rose 13 percent in July on strong demand for the Chrysler 200 sedan and other models.
Chrysler says it sold more than 126,000 new cars and trucks last month, the company's best July in five years. Sales of its best-selling Ram pickup rose 17 percent as home building increased. Sales of the 200 rose 43 percent.
The company's sales increase was slightly above expectations for overall industry growth of about 11 percent. Car companies report U.S. sales throughout the day on Wednesday.
Toyota, Honda and Nissan are expected to report big gains over July of last year, when their supplies were still limited by earthquake damage in Japan.