Bigger was better for automakers as trucks, crossovers and SUVs drove sales to post-recession highs that could continue through 2013.
Get the facts and figures on January automaker sales.
Ford Motor Co.‘s sales were up 21.7 percent to 165,863 cars and trucks, beating analyst expectations. Chrysler Group LLC grew by 16.4 percent, on a volume of 117,731 vehicles, and General Motors Co.‘s sales climbed 15.9 percent, representing 194,699 vehicles sold.
The big gainer for the month, however, was Toyota. Its January sales of 157,725 represented a 26.6 percent jump over the same month in 2012.
Sales of Ford’s F-Series trucks rose 21.7 percent to 46,841. Sales of Chevrolet’s Silverado jumped 32.1 percent to 35,445, and GMC Sierra sales climbed 34.9 percent to 12,837.
Honda Motor Co.‘s U.S. sales rose 12.8 percent in January to 93,626 vehicles.
Nissan Motor Co. said sales increased 2 percent in January, with 80,919 units.
Hyundai Motor America’s January sales of 43,713 were a 2.4 percent gain, and an all-time record for the month. Kia Motors America also reported a record January, with sales of 36,302 vehicles, up 2.2 percent over the same period in 2012.