Truck Deals Help Boost US Auto Sales In September

October 1, 2014 2:22 PM

Truck Deals Help Boost US Auto Sales In September
" DETROIT (AP) - Big discounts on pickup trucks helped keep U.S. auto sales strong in September.

The pace was expected to slow from a blistering August, which was the best month for the industry in eight years. August got a boost from 2014 model year clearance sales and Labor Day promotions.

But September held its own, with analysts expecting sales to rise around 10 percent from a year ago.

While August was fueled by discounts on midsize cars, September saw good deals on pickup trucks. General Motors Co. and Chrysler hoped to take advantage of Ford, which temporarily closed a truck factory to retool for its new aluminum-clad F-150. Ford cut back on discounts in order to keep more trucks in stock during the shutdown.

Ford Motor Co. felt some pain as a result. Ford’s sales dropped 3 percent to 180,175, and F-Series truck sales were down 1 percent to 59,863. It was the first time in seven months that Ford’s monthly truck sales have dropped below 60,000.

Ford saw a 9 percent increase in Fusion sedan sales, but otherwise its car sales were down. Sales of the Escape small SUV also fell 4 percent "

Click here to read the whole article

Google related News

Wednesday, October 01, 2014 by ABC News

Truck Deals Boost US Auto Sales in September

While August was fueled by Labor Day promotions and incentives on midsize cars, September saw good deals on pickup trucks. Chevrolet was 

Read more

Wednesday, October 01, 2014 by Post-Bulletin

Truck deals help boost US auto sales

Most predict sales rose around 10 percent from a year ago, fueled mainly by big discounts on pickup trucks. General Motors and Chrysler 

Read more

Wednesday, October 01, 2014 by Fox Business

Chrysler's US sales jump 19 percent as truck deals help boost ...

FILE - In this March 14, 2014 file photo, a 2015 Chrysler 200 automobile rolls down the assembly line at the Sterling Heights Assembly Plant in 

Read more

Wednesday, October 01, 2014 by The Epoch Times

Big Discounts on Truck Deals Help Boost US Auto Sales in September

Workers assemble General Motors trucks on the assembly line at the GM Flint Assembly plant July 18, 2011, in Flint, Michigan.

Read more