Cars Are Back: Automakers Report Best January in 7 Years
Auto Sales Drive Industry Recovery as Stocks Stall
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Major automakers all reported their best January U.S. vehicles sales in at least seven years, led by General Motors Co., as cheap gasoline and falling unemployment also buoyed sales at Ford Motor Co., Toyota Motor Corp. and Nissan Motor Co.
Demand for pickups and sport-utility vehicles surged, helping drive total sales up 18 percent at GM and 16 percent at Ford, whose F-Series pickup line had its best January since