Chrysler Leads U.S. Auto Sales Lower on Higher Financing Rates
- Car buyers paid over 6% a fourth straight month, Edmunds says
- Most of the biggest automakers missed estimates in April
Jeep and Dodge vehicles are displayed for sale at a Fiat Chrysler Automobiles (FCA) car dealership in Moline, Illinois.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
Five of the largest automakers in the U.S. missed analysts’ estimates for April sales, with Fiat Chrysler Automobiles NV posting the biggest drop, as consumers struggle to finance new vehicles with costlier loans.