US automakers have best streak since 2008

General Motors Co. reported a surprise US sales gain for February, and Ford Motor Co., Chrysler Group and Nissan also topped analysts’ estimates calling for the industry’s best streak since May 2008.

1st March, 2012
US automakers have best streak since 2008
GM deliveries rose 1.1 per cent to 209,306 cars and light trucks.

General Motors Co. reported a surprise US sales gain for February, and Ford Motor Co., Chrysler Group and Nissan also topped analysts’ estimates calling for the industry’s best streak since May 2008.

GM deliveries rose 1.1 per cent to 209,306 cars and light trucks, beating analysts’ estimates for a 4.8 per cent drop. Ford sales increased 14 per cent to 178,644, Chrysler’s climbed 40 per cent to 133,521 and Nissan’s gained 16 per cent to 106,731.

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