Mario Anzuoni/Reuters
Fiat Chrysler Automobiles NV, and Toyota Motor Corp on Monday posted a rise in U.S. sales in May, as a strong economy and upbeat consumer sentiment fuelled demand. Fiat Chrysler, the No. 4 automaker in the United States, reported a 2.1-per-cent rise in sales to 218,702 vehicles, as demand for both light- and heavy-duty pickup trucks remained strong.
“On a year-over-year basis we have increased our average transaction prices by more than $3,000 a vehicle and still managed some notable sales increases,” FCA’s U.S Head of Sales Reid Bigland said.Japanese automaker Toyota sold 222,174 vehicles, recording a 3.2-per-cent rise, boosted by strong demand for its Camry sedans.
U.S. auto sales are expected to be about 16.9 million units in 2019, a 2.5-per-cent fall from 2018, according to industry consultants J.D. Power and LMC Automotive.
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