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Chrysler, Ford, GM, Nissan and Toyota see sales increases

row of colorful car hoods
User Zelda Richardson
/
Flickr http://bit.ly/1xMszCg
More cars are going to buyers with less-than-stellar credit.

The carmakers posted October sales increases after a sub-par September.

More from the Associated Press:

The gains signal that automakers made it through the 16-day partial government shutdown relatively unscathed. Chrysler even predicted stronger industry sales for the month than most analysts. "After a choppy start to the beginning of the month, Chrysler Group sales accelerated in the second half of the month with renewed consumer confidence," Reid Bigland, the company's U.S. sales chief, said in a statement ... Analysts say the 16-day government shutdown in early October kept buyers out of showrooms early in the month, but that apparently was just a temporary slowdown ... Auto sales have consistently been a bright spot in the U.S. economy. Sales are closing in on pre-recession rates exceeding 16 million, far above the 2009 trough of 10.4 million.

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