FILE – In this Wednesday, Jan. 9, 2013, file photo, Chevy trucks line the lot of a dealer in Murrysville, Pa. Chrysler says its October U.S. sales rose 11 percent from a year ago, a sign that the auto industry recovered from a slow September. All automakers report October sales on Friday, Nov. 1, 2013. (AP Photo/Gene J. Puskar, File)
DETROIT (AP) — The government shutdown dampened — but didn’t stall — Americans’ demand for new cars and trucks.
The 16-day shutdown slowed U.S. auto sales in the first two weeks of October, but they picked up speed in the last two weeks. Sales rose 11 percent to 1.2 million.
General Motors, Ford, Nissan and Chrysler all recorded double-digit sales gains, while Toyota, Honda and Hyundai saw smaller increases. Of major automakers, only Volkswagen’s sales fell.
Stable fuel prices, low interest rates and the increased availability of credit pushed people to buy regardless of the political wrangling, said Kurt McNeil, GM’s vice president of U.S. sales.
“All those things that have been driving the economy? Login to read more