Detroit, Toyota see big sales in January
DETROIT — American consumers trudged through winter weather to buy new cars and trucks at an unusually strong pace last month. It was the auto industry’s best January since 2008.
U.S. auto sales rose 14 percent to more than 1 million. Toyota’s 27 percent gain was the biggest among the major car companies. Ford’s sales jumped 22 percent, while GM and Chrysler each reported 16 percent gains compared with a year earlier.
The results left the industry optimistic about the new year. Businesses bought more trucks. Consumers are ready to buy — their cars have reached a record average of 11.3 years old — and banks are making it easier with low interest rates and looser credit terms.
Sales ran at an annual pace of 15.3 million in January. If that holds for the rest of the year, automakers will sell nearly 1 million more vehicles than in 2012, when sales rose 13 percent.
Analysts predict full-year sales of 15 million to 15.5 million this year. Although still far from the peak of about 17 million in 2005, the industry could sell a whopping 5 million more cars and trucks than it did in 2009, the worst year in three decades.
Toyota sales jumped on the strength of the Prius hybrid cars and wagon, which rose 36 percent, and the new Avalon sedan, which was up 50 percent. The luxury Lexus brand climbed 32 percent on strong sales of the new ES and GS sedans.
At Ford, January’s sales growth was led by the newly redesigned Fusion midsize car, which saw a 65 percent increase. Explorer SUV sales rose 46 percent.
Sales of the F-Series pickup truck, the top-selling vehicle in the U.S., rose 22 percent.
GM’s Chevrolet Silverado and GMC Sierra pickups each saw increases of over 30 percent while sales of the Ram pickup, Chrysler’s top-selling vehicle, rose 14 percent from a year earlier.
Honda’s sales rose 12.8 percent. A 75-percent increase in sales of the new Accord helped offset weaker sales of the CR-V and Civic.
Nissan’s sales rose 2 percent. Sales of the newly redesigned Pathfinder SUV, which went on sale in November, more than tripled over last January.
