U.S. auto sales slowed down a bit in March, but the industry remains optimistic about the market.
GM sales rise 18 percent. Ford sales jump 15 percent. Fiat Chrysler sales see a 14 percent increase.
Chrysler sales rise 20 percent. GM sales up 6 percent. Ford sales drop 2 percent.
Chrysler says its sales last month rose 20 percent, a sign that Black Friday promotions and falling gas prices drove U.S. auto sales sharply higher in November.
September sales won’t be as hot as August, the best month in eight years, but industry analysts still expect them to be strong.
The numbers are a sign of a strong month as dealers sell off 2014 models to make room for new ones.
As the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn will lead to trouble down the road.
Slow sales caused dealer inventories to rise in January and February, putting pressure on companies to clear their lots.
So far this year, sales of the versatile, high-sitting hatchbacks such as the Honda CR-V, Ford Escape and Toyota RAV4 are up more than 20 percent.
But the company cut its target for full-year sales and profit …