US car sales better than expected

General Motors, Chrysler, Ford and Nissan reported surprisingly strong US sales in August, as car buyers shrugged off bad economic news and a major East Coast hurricane.

US car sales better than expected

General Motors, Chrysler, Ford and Nissan reported surprisingly strong US sales in August, as car buyers shrugged off bad economic news and a major East Coast hurricane.

Chrysler led the way today with a 31% increase from a year earlier, while GM’s sales rose 18%, Nissan was up 19% and Ford reported an 11% increase.

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