Economy
February 4, 2014
US Auto Sales Mixed in January
Written by Sandy Williams
US automotive sales were mixed in January with automakers blaming winter weather on slipping sales. January is typically a soft month for the industry and will likely not affect forecasts for 16-16.5 million light vehicle sales for 2014.
Ford Motor Co. reported sales fell 7.1 percent year-over-year to 155,644 vehicles. General Motors sales plunge 12 percent in January to 171,486 units. Sales for the two automakers were below analyst estimates.
