The U.S. auto industry in April rebounded sharply from a bitter and extended winter, with four of the top six automakers reporting year-to-year gains in sales on Thursday. Tapping consumer demand that began to ramp up in late March, Toyota Motor Corp and Nissan Motor Co topped analysts' expectations as they reported double-digit sales increases. Chrysler Group LLC, a unit of Fiat Chrysler Automobiles (MIL:F), registered a double-digit sales gain in April, but narrowly missed expectations, as did Ford Motor Co (NYS:F) whose April sales slipped 1.0 percent. Chrysler said U.S. auto sales rose 14 percent to 178,652.
via Business News - Yahoo Finance http://ift.tt/1pTeX6y
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