sales by the top seven U.S. automakers approached 1.03 million
units last month, a 10.9-percent jump from the same month in
2012 and 7.3 percent higher than September levels, although
October had two additional selling days.
The biggest gainers,
with double-digit increases, were General Motors Co., Detroit;
Ford Motor Co., Dearborn, Mich.; and U.S. operations of
Japans Nissan Motor Co. Ltd.
Fred Diaz, vice
president of sales, marketing, service and parts for Nissan
U.S.A., said the companys record October performance
"demonstrates that a Washington shutdown was not enough to shut
down our sales momentum," and he expects sales growth through
the end of 2013.
resiliency in October with steady auto sales despite headwinds
caused by the government shutdown," according to William Fay,
division group vice president and general manager of Toyota
Motor Sales (TMS) U.S.A. Inc., Torrance, Calif. "The growth in
the auto industry continues to play a leading role in the
economic recovery, and Toyota is on track for a strong close to
Economic conditions continue to improve at a modest pace,
particularly manufacturing and housing, Emily Kolinski Morris,
senior economist at Ford, said during the companys Nov. 1
uneasiness early in the month, real demand remains strong
across the Honda brand," John Mendel, executive vice president
of sales at Torrance-based American Honda Motor Co. Inc., said
in a statement. "We anticipate sales will continue to be hot
even as the weather cools down heading into winter."
For the first eight
months of the year, the top seven producers of passenger cars
and light trucks sold nearly 11.2 million units, up 8.2 percent
from the same year-ago period. The three automakers with the
most significant year-on-year gains were Ford, Auburn Hills,
Mich.-based Chrysler Group LLC and American Honda.
"October was a bit of
a roller coaster ride for the entire automotive sector, so we
feel pretty good about exceeding prior-year sales results and
posting our best-ever October performance," according to David
Zuchowski, executive vice president of national sales at
Hyundai Motor America, Monroe Township, N.J. "We expect
continued economic and political stabilization throughout the
final two months of 2013, which should ease uncertainty ... and
restore a robust growth curve for new vehicle sales."