U.S. auto sales grew 6.3% in March on rising sales of SUVs and pickup trucks.
CBS Detroit reported that automakers sold more than 1.6 million vehicles for the month as buyers came out of hibernation after a cold, snowy winter in much of the country.
Truck and SUV sales rose 16.3 percent while car sales plunged 9.2 percent, according to Autodata Corp. Nearly two-thirds of all vehicles sold were trucks or SUVs.
Jeff Schuster, a senior vice president at the forecasting firm LMC Automotive, said the strong month was a good recovery from a lackluster start to the year, but much uncertainty remains over politics, potential trade wars and a volatile stock market.
For the full story click here.