The US auto industry had a big month in February, with sales increasing 14 percent at Ford Motor and 1.1 percent at General Motors. The latter estimated that industry-wide sales came in at an annual run rate of more than 14 million for the second month in a row.
While rising gasoline prices in February did not impact the headline numbers, Ford said the mix of vehicles it sold reflected a more fuel-conscious consumer.
Ford‘s overall sales were up 14 percent in February, to 179,119 vehicles, while retail sales climbed 19 percent. Chrysler sales jumped 40.9 percent to 135,500 vehicles.
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(Source: Forbes.com)