U.S. car makers reporting August sales gains
DETROIT (AP) – The big U.S. car companies are all reporting sales gains for August.
Ford says its sales rose 13 percent on strong demand for pickups and new SUVs. Sales of the F-Series pickup rose more than 19 percent as buyers replaced older trucks. The Escape small SUV and Explorer large SUV both saw increases of more than 30 percent. The company rebounded from a poor July to sell more than 197,000 cars and trucks in August.
General Motors says its U.S. sales rose 10 percent last month as advertising on the Olympics and a Chevrolet money-back guarantee program drew more customers. GM rebounded from a bad July to sell almost 241,000 cars and trucks in August. Chrysler says its U.S. sales rose 14 percent last month as the Ram pickup truck had its best August in five years.
The results are a sign that car and truck sales will remain strong despite consumers’ worries about the economy.