US Car Sales jump to near Six Year high

US car sales surged close to a six-year high in August as consumers grew more confident about an economic recovery.

Sales jumped 17% from a year ago to 1.5 million vehicles. That translates to sales of some 16 million a year.

Japan’s carmakers Toyota, Honda and Nissan all increased sales by more than 20%. The US’s Ford, General Motors and Chrysler also saw double-digit growth.

US economic growth has been picking up pace indicating the world’s largest economy may be getting back on track.

BBC

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