Car sales in the US rose 0.8% in October

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In October, analytical corporation Autodata recorded an annual increase in sales of new cars in the United States by 0.8% to 1 million 318 thousand cars. This was a surprise for analysts who had expected a decline of 2.1%. Sales growth from the beginning of the year to October amounted to 0.6%. In October, SUVs and crossovers were the most popular models. Fiat Chrysler Automobile increased sales by 15.4%. At the same time, the largest US automaker General Motors reduced its sales figure by 3.9%. Ford Motor sales fell 4%. Sales of Japanese companies Honda and Nissan also declined. The fall in Honda was 4.1%, Nissan – 0.6%.

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