Friday, January 4, 2013

Chrysler says posts best sales year since 2007

1 hr.

Chrysler says its U.S. sales last year were the best since 2007.?

The company said Thursday?sales rose 21 percent for the year, led by the Ram pickup and Jeep Grand Cherokee SUV.?

For December, Chrysler's sales increased 10 percent to 152,367 cars and trucks.?

Americans bought new vehicles at a strong pace last month. The robust sales came even with uncertainty in Washington over a budget deal that would have raised taxes and cut spending sharply, threatening the U.S. economy. Chrysler says industry sales jumped to an annual rate of 15.8 million in December, making it the strongest month of the year.?

The company was the first carmaker to report sales Thursday.?

Industrywide, U.S. auto sales for 2012 are expected to show a 13 percent rise to 14.5 million new vehicles, the best showing since 2007, driven by the slowly recovering economy, more available credit and the need to replace aging cars and trucks.?

Polk, a research consulting firm, said it expects U.S. auto sales to hit 15.3 million in 2013, an increase of nearly 7 percent.?

Each month, auto sales are an early indicator of consumer demand.?

The Associated Press and Reuters contributed to this report.

Source: http://www.nbcnews.com/business/chrysler-says-posts-best-sales-year-2007-1B7812450

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