Nissan, Honda Post Best October Sales Ever while GM Falls Short

Nov 03, 2014 11:06 AM EST | Jordan Ecarma


Automakers saw strong U.S. sales overall last month, with Nissan and Honda reporting their best October of all time; however, General Motors fell below expectations.

Nissan and Honda posted record October numbers in the U.S. that were boosted by crossover sales, while Fiat Chrysler Automobiles topped predictions with a 22 percent sales jump on pickup and SUVs, Reuters reported.

"High consumer confidence and low gas prices helped Nissan set our 13th consecutive monthly sales record in October," said Fred Diaz, Nissan sales chief, as quoted by USA TODAY.

The Japanese brand saw rising sales for all of its core models. Sales for Nissan's top seller, the Altima sedan, rose 8.1 percent to 23,544.

Honda also enjoyed strong sales for its core models as the redesigned 2015 Honda CR-V jumped 29.7 percent year over year with sales of 29,257 units; the new Honda Fit nearly doubled its sales and set an October record; and sales for the Honda Accord rose 7.8 percent in October to 27,128 units, according to the automaker. Boosted by the new TLX luxury sedan, Acura sales rose 7.9 percent for the month.

Chrysler Group's core Chrysler brand saw year-over-year sales gains along with Jeep, Ram and Fiat as the company posted its best October sales since 2001.

"Chrysler Group sales increased 22 percent in October, our eighth month of double-digit growth this year and our 55th-consecutive month of year-over-year sales gains," Reid Bigland, head of U.S. sales, said in a statement.

While GM sales increased 0.2 percent compared with the previous October, the automaker fell short of analysts' predictions by more than 5,000 vehicles.

The American market is expected to report a 6 percent rise in sales for major carmakers, with a seasonally adjusted yearly sales rate of 16.5 million vehicles, according to a Thomson Reuters poll of 29 economists.

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