Edmunds.com, another research firm, said on
Thursday that April auto sales would rise 9.1 percent to 1.4
million vehicles, for an annualized selling rate of 16.2 million
Edmunds said April sales for General Motors Co <GM.N> and Ford
Motor Co <F.N> would each show a rise of about 5 percent while
three automakers would have double-digit gains: Nissan Motor Co
<7201.T><NSANY.PK> at 18 percent, Toyota Motor Corp <7203.T><TM.N>
at 14 percent, and Chrysler Group, a unit of Fiat Chrysler
Automobiles <FIA.MI>, at 12 percent.
"Auto sales are hitting their stride as the spring selling
season begins, and the pace has returned to the level expected
at this stage of the recovery," said Jeff Schuster, senior vice
president of forecasting at LMC Automotive. "Fueling the growth
further as the year progresses is a very robust level of
new-model activity, with 63 new or redesigned models expected to
hit showrooms, a 60 percent increase from last year."
March U.S. auto sales finished at an annualized selling rate of
16.4 million vehicles, and last April's annualized selling rate
was 15.2 million vehicles.
The firms maintained forecasts of full-year 2014 U.S. auto sales
at 16.1 million vehicles, up from 15.6 million vehicles in 2013.
(Reporting by Bernie Woodall; editing by Andrew Hay and Jeffrey Benkoe)
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