Auto makers post strong sales in January

  @jtotoole February 1, 2013: 5:01 PM ET
auto sales
NEW YORK (CNNMoney)

Auto sales kept on rolling in January.

The world's major car makers reported strong U.S. sales for the month of January on Friday, providing further indication that demand for new vehicles that lagged amid the weak economic recovery in the past few years is starting to return.

January vehicle sales came in at a seasonally adjusted annual rate of 15.3 million, according to Autodata, up from 14.0 million a year ago.

General Motors (GM, Fortune 500) led the way among the top four U.S. automakers with 194,699 vehicles sold, up 16% versus a year prior. Ford (F, Fortune 500) had 166,501, a 22% gain. Toyota (TM) sold 157,725 vehicles, up 27% versus a year prior, and Chrysler Group had 117,331, a gain of 16%.

Related: Consumer Reports says Toyota and Ford are best-liked car brands

Sales remained in high gear in January even after a strong December. Overall, industry sales rose 13% in 2012 to 14.5 million, the biggest increase since 1984.

CNNMoney's Chris Isidore contributed reporting. To top of page



Join the Conversation
Find Your Next Car

Get the latest car news:

CNNMoney Sponsors
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.