After receiving billions of taxpayer dollars to stay afloat and wrenching vehicle recalls, the major players in the US auto market Monday reported surging sales for April.
Car sales jumped 20 percent year-on-year in April, according to figures calculated by inautonews via Automotive News and motorintelligence.com.
Combined, the brands owned by Detroit giant General Motors posted a 33 percent sales rise, meaning that GM tops the tables in terms of sales, with 183,091 vehicles sold.
However, the figures were not as robust as some had hoped, particularly given incentives and a slew of economic data that suggest an economy on the mend after the deepest downturn since the depression of the 1930s.
“Overall, the U.S. economic recovery would appear to be on track, however the pace isn’t expected to be as robust as compared to other post-war recoveries — kind of a slow and steady sort of scenario,” GM Vice President of U.S. sales Steve Carlisle said on a conference call.
( on request Excel is available )
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