Auto Sales Revved up in March
(NBC NEWS) The spring sales season started with a bang for automakers.
March numbers were far better than expected, and once again it was driven by America’s growing appetite for pickups and crossover utility vehicles.
General Motors and Fiat Chrysler posted double digit growth.
Ford exceeded estimates, thanks to a big month for its F-Series pickups, with the average price paid for each truck hitting almost $47,000.
Jeep had its best month ever, and sales of GM’s crossover utility vehicles soared 41-percent.
The sales gains are the result of a strong economy with low unemployment and high consumer confidence.
Slightly richer incentives also helped convince Americans this is the time to buy.
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