US auto sales post fastest pace since 2003
In November, the country’s largest automakers-General Motors, the Chrysler Group, Toyota Motor and Honda Motor sold more cars than expected while Ford Motor and Nissan Motor posted modest decreases.
General Motors’ sales rose 6.5% to reach 225,818 units and the Chrysler Group’s sales were up 20.1% to 170,839 vehicles in November. Toyota’s November sales also increased 3% to reach 183,343 units while Honda reported an increase of around 9% percent to 121,814 vehicles last month.
Nissan and Ford, on the other hand, reported 3% and 2% decreases, respectively, in November. Nissan Motor’s sales reached 103,188 units while Ford’s sales declined to 186,334 units.
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