Double-Digit Sales Increases for All American Automakers Last Month

By: Associated Press
By: Associated Press

General Motors says its U.S. sales rose 10 percent last month as advertising on the Olympics and a Chevrolet money-back guarantee program drew more customers.

GM rebounded from a bad July to sell almost 241,000 cars and trucks in August. Chevy brand sales were up more than 11 percent, and Chevy car sales rose 25 percent. But SUV sales tumbled in a month with rising gasoline prices.

Industry analysts expect GM's sales to lag the rest of the industry. Overall U.S. sales were expected to rise about 20 percent compared with a year ago.

Sales of GM's top-selling vehicle, the Chevrolet Silverado pickup, rose 4 percent. Chevy Cruze compact sales were up 19 percent.

GM began offering a money-back guarantee to Chevrolet buyers on July 10.

Ford Motor Co.'s says its sales rose 13 percent in August on strong demand for pickups and new SUVs.

Sales of the F-Series pickup rose more than 19 percent as buyers replaced older trucks. The Escape small SUV and Explorer large SUV both saw increases of more than 30 percent.

The company rebounded from a poor July to sell more than 197,000 cars and trucks in August.

Ford also says it's going to raise production in the fourth-quarter by 7 percent to meet expected higher demand.

Chrysler says its U.S. sales rose 14 percent last month as the Ram pickup truck had its best August in five years.

The results are a sign that car and truck sales will remain strong despite consumers' worries about the economy.

Chrysler says it sold more than 148,000 vehicles in August. It sold more than 25,000 Ram pickups, an increase of 19 percent over August of last year.

Industry analysts are predicting U.S. sales of more than 1.2 million vehicles for August, up around 20 percent from a year earlier. The annual pace is expected to reach 14.2 million to 14.5 million vehicles, making August the second-best month of the year.


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