Major automakers on Tuesday reported strong U.S. vehicle sales for the month of November, helped by an improving economy, easing energy prices and easy availability of credit. Chrysler Group LLC led the race with a 16% jump in U.S. vehicles sales, while General Motors Co. posted a 13.7% gain, Japanese automaker Toyota Motor Corp. reported a 10.1% rise and Ford Motor Co. announced a 7.2% increase.
GM, the largest U.S. automaker, said that its November U.S. sales rose 13.7% to 212,060 vehicles from 186,505 vehicles in the same month last year.
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