The Detroit Three automakers posted sales increases for the month of April with a mix of full-size pickup trucks and new products, such as the Lincoln MKZ and Jeep Grand Cherokee, helping to lead the way. The remaining automakers report sales this afternoon.
For the month, automakers, analysts and other industry observers are reporting April sales will come in between 1.31 million and 1.34 million units for a Seasonally Adjusted Annual Rate (SAAR) of about 15.5 million to 15.6 million units.
Ford sales in April were up 18% led by Fusion and Escape. Both models posted April records with increases of 24% and 52% respectively. For the month, the Dearborn-based maker sold 212,586 units.