Auto industries in the United States are off to a good start for the month of January in 2012, selling over 913,000 vehicles in the past month, which is 11 percent more than the sales figure for January of last year, according to Automotive News.
Chrysler and Volkswagan Group have made a steep rise compared to last year, advancing by 44 percent and 40 percent, respectively. Chrysler made its first profit since 2005, according to Detroit Free Press, and give about $1,500 profit-sharing check to each of the company’s hourly workers. Volkswagan Group also said to have the best January since 1974.
Other companies, such as Ford, Toyota, Honda, and Nissan have gained modest increase in sales, ranging from about 7 to 13 percent up from the previous year. The two Korean brands Hyundai and Kia set their January records with 15 percent and 28 percent, respectively.
General Motors did not see the light with their sales down by 6 percent, and none of the four brands – Buick, Cadillac, Chevrolet, and GMC – that belong to General Motors made an increase from 2011.
Among luxury brands, BMW was not able to take the lead and overcame by Mercedes-Benz. BMW sold 16,405, not including the Mini brand) while Bercedes-Benz sold 20,306. Toyota’s luxury brand Lexus is placed third, declining 4.6 percent from last year to 12,274. Audi has increased 20 percent to 9.354.
The overall increase in automobile sales indicated good signs for the industries.
"This is healthy, this is good. It's sustainable," said the TrueCar.com vice president of industry trends and insight, Jesse Toprak. "It's going to be another year of recovery where we have a very good chance of getting to that magic 14 million number."
According to NY Times, automobile sales have never surged 14 million for the last four years. In 2011, 12.8 million have reported to be sold.
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