Ford, Chrysler Sales See January Jump

Before you go, we thought you'd like these...
Before you go close icon

Chrysler JeepAutomakers will be reporting January U.S. sales today, and based on the two already out, it appears that it was a very good month. Ford Motor Co. (NYSE: F) reported sales up 22% year-over-year for the month and Chrysler Group, which is controlled by Italy's Fiat SpA, posted 16% sales growth in January.

Ford reported total U.S. vehicle sales of 166,501, including 46,481 F-Series pickups, 22,399 Fusion models and 19,939 Escape models. One dim spot is sales of the company's Lincoln brand, down 18.2% year-over-year, despite a big marketing and branding push.

Chrysler sold a total of 117,731 vehicles in the U.S. in January, the company's best sales for the month since 2008. Dodge-branded vehicles led the way, up 37%. Sales of the Ram-branded pickup trucks rose 14% to the highest January level in six years.

Ford's shares are up 0.5% at $13.02, in a 52-week range of $8.82 to $14.30.

General Motors Co. (NYSE: GM), Toyota Motor Corp. (NYSE: TM) and Honda Motor Co. Ltd. (NYSE: HMC) will report sales later today.


Filed under: 24/7 Wall St. Wire, Autos Tagged: F, featured, GM, HMC, TM
Read Full Story

Markets

S&P 500 2,369.75 2.41 0.10%
DJIA 20,837.44 15.68 0.08%
NASDAQ 5,861.90 16.59 0.28%
DAX 11,822.67 18.64 0.16%
NIKKEI 225 19,238.74 131.27 0.69%
HANG SENG 23,922.21 -2.84 -0.01%
USD (per EUR) 1.06 0.00 0.02%
USD (per CHF) 1.01 0.00 -0.09%
JPY (per USD) 112.65 -0.09 -0.08%
GBP (per USD) 1.24 0.00 -0.05%

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners