Automakers report strong sales in November
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It was a dark and stormy late October, thanks to Superstorm Sandy, but that didn't quit customers from heading to car dealerships in November to purchase even more vehicles. Pent-up need since of aging U.S. %%PRO7%% has actually been helping to drive car sales for months. November was no exception. Climbing customer confidence and low rate of interest have helped likewise. Chrysler, bulk possessed by Fiat, said Monday that sales climbed 14 percent to 122,565 cars and trucks, its strongest result since 2007 before an economic downturn pushed the U.S. automaker and General Motors Co into bankruptcy. Ford sales climbed 6. 5 percent, thanks to strong need for its prominent F-Series pickups and its brand-new C-Max hybrid. Ford likewise said that it would increase first-quarter production by 11 percent in an indication that it's positive the sales pace would continue.
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sales dark and stormy executive vice president Chrysler automaker consumer demand vehicles cars new cars superstorm General Motors Hyundai The Associated Press Ford C-Max F-Series recession autos Fiat dealerships Nissan Toyota industry hurricane officials helping Truck bankruptcy finishing report Coast interest rates results the balance the annual The Black the industry the range ThanksgivingPeople:
Superstorm Sandy
Overall Sentiment: -0.256497
Relevance: 0.75992
| Sentiment | Quote |
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| -0.175126 | "We were also very encouraged by the strong sales recovery experienced in those northeastern regions that were ravaged by superstorm Sandy and expect continued momentum there for the balance of the year," he added. ... |
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Dave Zuchowski
Overall Sentiment: 0.328103
Relevance: 0.425292
Reid Bigland
Overall Sentiment: 0.0585381
Relevance: 0.387308
| Sentiment | Quote |
|---|---|
| 0.181627 | "We are expecting a strong December as the industry continues to recover from the East Coast hurricane," Chrysler U.S. sales chief Reid Bigland said ... |
| Sentiment Stats: |
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Key:
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Additional Info:
Country: U.S.
Overall Sentiment: 0.100325
Relevance: 0.83779
Disambiguation: Location | Region | AdministrativeDivision | GovernmentalJurisdiction | FilmEditorReferences:
Region: East Coast
Overall Sentiment: 0.379807
Relevance: 0.433739
Disambiguation: Location | AdministrativeDivision | CityTownReferences:
Holiday: Thanksgiving
Overall Sentiment: 0
Relevance: 0.406327
Disambiguation: References:
Company: Chrysler
Overall Sentiment: 0.076258
Relevance: 0.705109
Disambiguation: RocketManufacturer | AwardWinner | CompanyShareholderReferences:
Company: Hyundai
Overall Sentiment: 0.100675
Relevance: 0.511215
Company: Ford
Overall Sentiment: 0.349423
Relevance: 0.482476
Disambiguation: AutomobileCompany | AwardWinner | Inventor | SchoolFounderReferences:
Company: GM
Overall Sentiment: 0
Relevance: 0.46861
Disambiguation: AircraftManufacturer | AutomobileCompany | AwardWinnerReferences:
Company: Nissan
Overall Sentiment: 0
Relevance: 0.451131
Disambiguation: References:
Company: Toyota
Overall Sentiment: 0
Relevance: 0.444075
Disambiguation: AutomobileCompany | ManufacturingPlant | AwardWinnerReferences:
Company: General Motors Co
Overall Sentiment: -0.131113
Relevance: 0.417974
Company: The Associated Press
Overall Sentiment: 0
Relevance: 0.368422
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Automakers report strong sales in November
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It was a dark and stormy October, but that didn't stop consumers from heading to dealerships the next month to buy more vehicles. The reason? Pent-up demand.
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