The pace for U.S. light vehicle sales rose by 11 percent last month and was set by a few major automakers including Chrysler Group, Volkswagen Group and Hyundai/Kia.
All major automakers posted sales gains last month except General Motors, which fell 6 percent from a strong January 2011. The automaker sold a total of 167,962 vehicles with Chevrolet being the main highlight as sales for the brand were up 13 percent.
“Chevrolet drove our performance once again and sales of our fuel-efficient new cars were especially good,” and Don Johnson, vice president, U.S. Sales Operations. “The strength that the economy and the auto industry showed in the fourth quarter carried into January, so we believe the year is off to a good start.”
FoMoCo sold a total of 136,710 vehicles in January, a 7 percent increase. Ford as a brand sold 131,589 vehicles in January, making it the best January sales month for the Ford brand since 2008.
Chrysler shined the most out of Detroit automakers with U.S. sales coming in at 101,149, a 44 percent increase compared with sales in January 2011.
Toyota sold a total of 124,540 units – up 7.5 percent. Honda sold 83,009 units a increase of 8.8 percent. Nissan was up 10.4 percent after selling 79,313 units.
Korean’s Hyundai was up 15 percent with total sales coming in at 42,694.
Germany’s Volkswagen Group sales were up 40 percent to 36,681 units. The sales were led by a 48 percent increase for the VW brand and 20 percent increase at at Audi.
– By: Omar Rana