U.S. Auto Sales Are Up Up Up

Despite people rooting against the US automakers for purely political reasons, US auto sales are WAY up.

Chrysler Group reported best monthly sales increase (34%) in four years! GMC and Chevrolet brands drive General Motors’ sales up 12 percent. GM is also seeing record sales in the class of vehicles that get 30 MPG. Ford had its best month in five years.

The industry’s seasonally adjusted, annualized selling rate increased to 14.4 million in March, from 13.1 million a year ago, according to the industry tracking firm Autodata. The selling rate for the first quarter was 14.5 million, the highest since 2008.