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Thu Mar 1, 2012, 11:38 AM

Automakers Report Sales Gains, Despite Rising Gas Prices [View all]

Source: New York Times

DETROIT — Auto sales rose substantially in February despite surging gasoline prices, carmakers and analysts said Thursday.
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Chrysler Group said its sales were up 40 percent from February 2011, while the Ford Motor Company reported a 14 percent gain.

General Motors said its sales increased 1 percent from a year ago, when it had an especially strong month as a result of big discounts.

All three Detroit carmakers beat analysts’ expectations, as did Nissan, which posted a 16 percent increase.


Read more: http://www.nytimes.com/2012/03/02/business/ford-and-chrysler-report-sales-gains-despite-gas-prices.html

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Reply Automakers Report Sales Gains, Despite Rising Gas Prices [View all]
jpak Mar 2012 OP
Robbins Mar 2012 #1
former9thward Mar 2012 #3
MD20 Mar 2012 #4
Purveyor Mar 2012 #2