Growth of US Car Sales in Double Digits

For several American automakers


Major automakers on Wednesday reported double digit growths in U.S. vehicle sales for the month of August, as strong consumer confidence helped boost car sales and an improving economy as well as a recovery in the housingmarket facilitated solid pick-up sales. General Motors Co. and Japanese automaker Toyota Motor Corp. saw their August U.S. sales up 14.7% and 22.8%, respectively, while Ford Motor Co. and Chrysler Group LLC reported 12.2% and 12% sales growth, respectively.

GM, the largest U.S. automaker, said that its August U.S. sales rose 14.7% to 275,847 vehicles from 240,520 vehicles in the same month last year.