NEW YORK–U.S. auto giants General Motors and Chrysler Tuesday rode lower gasoline prices and aggressive holiday promotions to higher November sales, while Ford Motor reported another decline. The industry as a whole sold 1.3 million vehicles in the U.S. in November, about 4.6 percent more than in the year-ago period, according to industry specialist AutoData. GM, the largest U.S. automaker, sold 225,818 cars in November, up 6 percent from a year ago behind strong results for GMC Sierra and Chevrolet Tahoe trucks, as well as for some sedans. But Ford saw sales decline for the third straight month, this time by two percent to 187,000 vehicles. Ford said the drop was expected as it readies inventories for a number of major launches, including of its revamped, aluminum F-150 pickup. The market benefited from the fall in U.S. fuel prices.
Gasoline prices in the U.S. currently average US$2.76 a gallon (US$0.73 a liter), down 15.5 percent from on year ago, according to the American Automobile Association. Edmunds also cited holiday season promotions as a factor in the overall industry gains.