Economics
GM, Ford U.S. Sales Rise as Demand for SUVs Increases
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General Motors Co., Ford Motor Co. and Nissan Motor Co. all reported improved sales in November as demand for pickups and sport-utility vehicles helped the industry match its fastest sales pace of the year.
GM’s deliveries in the month climbed 11 percent to 168,739. Sales of its Chevrolet Equinox and GMC Terrain SUVs gained 60 percent. Ford’s sales rose 20 percent to 147,338, fueled by a 55 percent boost in sales of the Edge SUV. Nissan, Honda Motor Co. and Chrysler Group LLC also reported light-truck gains as they boosted results. Toyota Motor Corp. sales fell 3.3 percent.