FCA, Toyota, Hyundai rise as industry ekes out another advance, from Automotive News.
U.S. auto sales rose for the 13th-straight month in March as the industry rode improving weather and strong truck sales to a slim advance despite declines by some major players.
The 0.5 percent increase was the smallest since monthly sales last fell, in February 2014. Among the biggest automakers, only Fiat Chrysler, Toyota Motor Sales and Hyundai-Kia posted gains. But healthy increases by smaller companies — including Subaru, BMW Group and Daimler AG — helped push the industry into positive territory.
The seasonally adjusted sales rate came in at 17.1 million — the third highest since the Great Recession. Analysts had projected that overall sales volume would decline by about 1 percent and pegged the SAAR at about 16.9 million.