Car sales rise for all the major automakers, with Honda leading the way. Truck sales continue strong, which could lead to a 16 million unit sales for 2013.
With the Dow Jones Industrial Average hitting the 15000 milestone and economic signals flashing continued growth, the case for bull market optimists looks stronger. But there are reasons to be cautious about a retrenchment of the Dow.
Car sales were strong in March. Major automakers including Ford, Chrysler, Toyota, General Motors and Nissan all reported increased car sales, with some reporting their best monthly totals since the start of the Great Recession in December of 2007.
February car sales were slightly weaker than January, but they were stronger than last year by 7 percent. Chrysler, Ford, Toyota, and General Motors saw their sales rise, while Honda and Nissan saw declines.
The Toyota Prius Plug-in doesn't have quite the sales numbers as the headline-grabbing Chevy Volt. But Toyota's entry into the electric hybrid market with the Prius Plug-in has been a quiet initial success for the automaker.