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Car Sales Are Up This Year, Next Year Looks Better

August 6, 2023
in Trade Tube
Reading Time: 1 min read
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Americans headed to car dealers in droves last month, pushing full-year sales to what’s likely to be the highest level since 2006. Fiat Chrysler, Nissan, Honda and General Motors all reported strong December and annual U.S. sales early Monday. Analysts are predicting sales of 16.5 million vehicles, up 6% from last year and a return to pre-recession levels. Fiat Chrysler led the way with a 16% increase over 2013. Nissan said its sales grew 11% for the year to set an annual record for the company. At General Motors, a 19% sales gain in December helped drive annual sales up 5%. Honda said its sales last year rose 1%. Despite strong sales of the new aluminum-body F-150 last month, Ford sales were flat for the year.

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