Chrysler, Honda Sales Fall in March

Chrysler Corp. said its U.S. sales fell 3.4% in March from a year ago, matching expectations. The auto maker said car sales dropped 8% to 74,126, despite an incentive program for its dealers. Chrysler’s results, coupled with lower sales posted by Honda Motor Co., matched estimates projecting industrywide U.S. sales would fall 2% to 3% in March from strong year-ago levels. Honda said its sales fell 6.6% in March to 79,490, including the Acura luxury division. Honda-brand domestic cars fell 22% to 53,163, but import sales rose, the Japanese auto maker said. Chrysler minivan, pickup truck and sport-utility vehicle sales dropped 0.2% to 136,389. The Grand Cherokee and other Jeep-brand trucks reported higher sales.