GM, Chrysler, Nissan Lead U.S. Auto Sales Growth in December

Mukesh Buch
05 Jan, 2015
New York City

GM sales in December surged 19.3%, the best increase in seven years. Honda December sales increased 1.5%. Ford total sales in December rose 1% but sales in the year were flat and Lincoln division sales soared 21%. Fiat Chrysler December total sales climbed 20% and jeep sales jumped 19%.

[R]12:50 PM New York – GM sales in December surged 19.3%, the best increase in seven years. Honda December sales increased 1.5%. Ford total sales in December rose 1% but sales in the year were flat and Lincoln division sales soared 21%. Fiat Chrysler December total sales climbed 20% and jeep sales jumped 19%.[/R]

Tollbooth Index dropped 1.6% or 156.74 to 9,882.60.

Stocks in Review

American Honda Motor Co., Inc, the automaker said overall vehicle sales reached 1,540,872 units, the second-best result in company history.

December sales increased 1.5% to 137,281 from 135,255 vehicles a year ago month.

Ford Motor Company ((F)) declined 3.6% or 56 cents to $14.80 after the automobile maker said December sales rose 1% to 220,671 vehicles from a year ago month. December sales were best since 2005.

Lincoln division sales soared 21% to 9,690 vehicles. F-Series sales in December increased to 74,355 vehicles and 2014 sales were 753,851 vehicles.

Total sales in the year were flat at 2,480,942 vehicles.

Fiat Chrysler Automobiles NV slumped 3.7% or 43 cents to $11.27 after the automaker reported U.S. December sales climbed 20% from a year ago to 193,261.

The company marked the best December in a decade and sales rose for the 57th consecutive month in a row.

Jeep brand vehicles sales soared 19% to 63,274 units from a year ago month, Ram sales climbed 35% to 48,628 units, Dodge sales slumped 2% to 46,578 units.

Chrysler brand sales jumped 53% to 30,930 units, while Fiat brand sales rose 1% to 3,784 units.

General Motors Company ((GM)) slipped 1.5% or 54 cents to $34.30 after the automobile company reported sales in December surged 19.3%, the best December sales in seven years.

Retail sales soared 23% and fleet deliveries jumped 6%.

GM posted 27th consecutive month of an increase in average transaction price reaching a record of $36,300; $1,000 higher from November and about $3,000 higher from a year ago month.

Sales of GM pickup trucks, Chevrolet Silverado and GMC Sierra surged 35% to 81,273 units.

Nissan Motor Co Ltd, the Japan-based automaker reported December sales in the U.S. jumped 6.9% to 117,318 vehicles compared to 109,758 in a year ago period.

For the year, sales surged 11% to about 1.4 million vehicles from a year-ago.