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LIVE: Auto Sales!

Sam Ro   

LIVE: Auto Sales!
Transportation1 min read

Fiat Chrysler's US auto sales jumped 14% in January, which was a bit better than the 13.8% expected by analysts.

The big automakers will announce their January US sales stats throughout the day.

Analysts estimate the pace of US auto sales fell in January to an annualized rate of 16.6 million units from 16.8 million in December.

"Vehicle sales increased by 5.7% in 2014 to 16.4mn, as promotional sales, easier access to auto financing, improving balance sheets for consumers, and pent-up demand helped boost sales," Nomura economists said. "We expect to see this strength continued into 2015 as consumers remain more upbeat on their situation."

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