Double-Digit Gains In August Car Sales
Submitted by Cheston Catalano
Higher gas prices haven’t deterred car buyers, who are snapping up compacts and S.U.V.’s.
The Detroit car companies all reported double-digit increases in sales for the month compared with the same period a year ago.
General Motors, the nation’s largest auto manufacturer, said its American sales grew 10 percent to 240,000 vehicles in August. The increase was driven by a strong performance by its Chevrolet passenger cars, particularly the new Sonic subcompact model.
G.M. also reported one of its best sales months ever for the Chevrolet Volt plug-in hybrid. The company said it sold 2,800 Volts during August, compared with 300 a year earlier.