Detroit Automakers Post November Sales

Detroit automakers saw strong sales in November, as Chrysler, Ford and General Motors saw their sales rise by 14 percent, 6.5 percent and 3.4 percent, respectively. In fact, new vehicle sales are estimated to jump 12 percent compared to November 2011, thanks to increased consumer confidence and holiday incentives.

Chrysler continues to rebound from its government bailout, increasing its year-over-year sales figures for the 32nd consecutive month. The automaker saw four if it’s five core brands increase their sales in November. Fiat rose an extraordinary 123 percent year-over year, Dodge increased 32 percent, Ram went up 23 percent and Chrysler rose a slight 1 percent. Jeep saw a small year-over-year sales decline by 3 percent.

Even with all the talk of a looming fiscal cliff, Chrysler Group is well positioned for a strong sales finish to the year,” said Reid Bigland, Chrysler’s head of U.S. sales and CEO of the Dodge brand said in a statement. “We are expecting a strong December as the industry continues to recover from the East Coast hurricane and consumers continue to respond to our popular year-end Big Finish event.

Ford also saw a sales increase in November, thanks to an 18 percent rise in its F-Series pickup truck sales. The auto giant also saw strong sales in its C-Max hybrid line during its first full month on the market.

We saw sharp increases in demand for Ford’s fuel-efficient small cars, our best-ever month for electrified vehicles and growing demand for our fuel-efficient and capable F-Series pickups,” Ken Czubay, Ford’s vice president, U.S. marketing, sales and service said in a statement.

General Motors year-over-year sales for November increased 3.4 percent, in large part due to Buick’s 22 percent sales increase and Cadillac’s 30 percent rise. GM’s overall sales, however, fell short of analyst’s expectations. Sales in GM’s Chevrolet Silverado and GMC Sierra however declined in November by 10.1 percent and 2 percent, respectively. GM hopes to counter the declines with redesigned versions of the trucks due in 2013.

Exactly how much growth we can expect next year will depend in part on how Congress and the president resolve the fiscal cliff issue,” GM’s vice president of US sales operations Kurt McNeil said in a statement. “Consumers hate uncertainty, so an agreement on ways to reduce long-term federal budget deficits could remove an impediment to growth.

[Image via Brad Remy/Shutterstock]