Despite recalls, car sales are robust in April -- even for GM
Never mind those embarrassing recalls. Automobile purchases are on the rise, one analyst says.
Light-vehicle sales in the U.S. for April will be up 7.5%, according to a report just out from research group TrueCar.
That’s true even for General Motors, which spent much of the month embroiled in controversy involving the recall of cars with sometimes fatal ignition switch defects.
GM sales for April 2014 are predicted to be up 6.5% from the same month last year.
Toyota, which has had its own recall issues, was looking even better, with a predicted 13.5% increase in sales.
Nissan, Chrysler and Honda were strong, too, with predicted rises of 14.9%, 13.8% and 7.6% respectively.
According to TrueCar, GM in April will retain a commanding 18.3% of market share, down slightly from a year earlier. It will be trailed by Ford (15.3%), Toyota (14.5%) and Chrysler (13%).
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