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Tuesday
Oct022012

Auto Sales Hit Highest Level Since Early 2008

iStockphoto/Thinkstock(NEW YORK) -- Car and truck sales in the U.S. have hit their highest level since February of 2008, according to Autodata.
 
Of the Detroit three, Chrysler had strong sales, showing a 12-percent increase compared to a year ago. General Motors and Ford had more muted numbers -- GM sales were up 1.5 percent and Ford sales were down 0.1 percent.
 
Japanese carmakers posted strong year-over-year gains, in part because the comparison is to a time when they were suffering badly from the effects of the Japanese earthquake.
 
Smaller, more fuel efficient cars posted by far the strongest sales for the car companies.

Copyright 2012 ABC News Radio