US carmakers report solid growth in March
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US carmakers report solid growth in March

US carmakers report solid growth in March

US carmakers Ford Motor Co, Chrysler Group, and Cadillac have reported the best monthly sales in their home market since 2007, Bloomberg has reported. Chrysler said its sales rose 5%, extending a streak of monthly gains to 36 months, the longest stretch in its records that date back to 1985. Boosted by sales of the redesigned Fusion, Ford exceeded the 4.4% gain that analysts estimated. Fusion sales rose 6% in March to 30,284, while the Escape utility vehicle surged 28% to 28,934, said Ford. GM's Cadillac, with two new luxury sedans, drove much of the automaker's growth in March with a 49% sales increase by the brand, compared with the same month last year.

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