Ford posts big sales jumps for October, as Fiat Chrysler, GM report declines – Chicago Tribune

Posted: Wednesday, November 01, 2017

Ford and Nissan posted big sales jumps for October, but Fiat Chrysler and General Motors reported declines Wednesday.

The drop by two of the Detroit Three reinforces analyst predictions that September’s big gain in U.S. auto sales would fizzle in October. They believe sales will continue to slow nationwide and fewer people than expected will replace hurricane-damaged vehicles in Texas and Florida.

Fiat Chrysler sales fell 13 percent for the month, while GM’s dropped 2 percent. But Ford reported a 6 percent gain that included big increases in F-Series pickups and sales to fleet buyers. Nissan’s sales rose 8 percent largely on an October record for the Nissan Rogue small SUV, with sales up 43 percent.

Industry analysts believe that when all automakers have released their final numbers by Wednesday afternoon, they will show that October sales fell between 2 percent and about 4 percent.


Write a Reply or Comment:

Your email address will not be published.*