You are using an older browser version. Please use a supported version for the best MSN experience.

Low Gas Prices Keep Auto Buyers Flocking to SUVs in January

Automakers reported January auto sales on Tuesday, showing results which were better than many had expected given fewer days in the month and a massive snowstorm. General Motors (GM) saw a 0.5 percent rise in total sales over the past year, to almost 204,000 vehicles, helped by its Chevrolet and Buick brands. Ford (F) sales fell 3 percent year-over-year to just over 173,000 cars. Though its SUV division saw its best start to a year since 2004. Fiat Chrysler (FCAU) reported a 7 percent rise in sales from the previous January to just over 155,000 vehicles, that’s its 70th month in a row of year-over-year increases in sales. The automakers' Jeep and Dodge divisions were the highlights in January. Nissan (NSANY) sales rose 1.6 percent over the past year, to almost 106,000 cars. It sold 6,500 Pathfinder vehicles, the most successful January ever for the well-known SUV. TheStreet’s Scott Gamm has details from New York.
image beaconimage beaconimage beacon