Detroit Automakers Post Improved October Figures

Detroit’s automakers are reporting improved sales figures for the month of October. WDET’s Jerome Vaughn has more. SOQ

Analysts say pent-up demand for new vehicles outweighed continued concerns about the economy in October.

Chrysler posted the best numbers of Detroit’s automakers with sales up 27 percent last month. It’s the company’s best October since 2007.

The Chrysler 200 and Dodge Avenger sedans helped drive the automaker’s year-over-year improvement.

Ford says demand for its vehicles was up six percent, led by consumer interest in SUV’s and pickup trucks.

GM sales rose two percent in October.

Both Honda and Toyota continued to recover from parts shortages caused by the earthquake and tsunami in Japan earlier this year.

Honda sales were essentially flat for the month. Toyota sales fell nearly eight percent.