Fiat Chrysler, GM Lead December Sales Gains in Strong 2014 End
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General Motors Co., Ford Motor Co. and other major automakers reported rising vehicles sales in the U.S. in December, capping the best year since 2006 thanks to cheap fuel and low interest rates.
While all of the biggest automakers reported gains in the month, only GM and Nissan Motor Co. did better than analysts had predicted. The market’s shift to light trucks, which outsold cars in every month of the year for the first time since 2004, played to the strengths of GM and Fiat Chrysler Automobiles NV, such as their sport-utility vehicles and large pickups. Shoppers last year were undeterred by record recalls, mostly of older models.