Tuesday May 7th, 2024 5:50AM

Chrysler, Nissan report big August sales jumps

By The Associated Press
DETROIT (AP) -- Chrysler and Nissan both posted double-digit U.S. sales gains last month, signs of strong August for the industry.<br /> <br /> Chrysler's sales leaped 20 percent as the Jeep brand led the automaker to its best August in a dozen years. Nissan reported nearly a 12 percent increase.<br /> <br /> The numbers are a sign of a strong month for the industry as dealers sell off 2014 models to make room for new ones. They also demonstrate the accelerating shift of American buyers from cars to higher-sitting crossover SUVs.<br /> <br /> Many analysts are predicting flat sales for the month compared with a year ago. But sales in August of 2013 were strong, too. All automakers report U.S. sales figures on Wednesday, and there are signs that the industry could beat analyst expectations.
© Copyright 2024 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.