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Chrysler July auto sales up 13 percent, Nissan up 16.2 percent

A Chrysler badge is pictured on a new car at a dealership in Vienna, Virginia April 26, 2012. REUTERS/Kevin Lamarque

(Reuters) - Chrysler Group LLC reported a 13 percent rise in July auto sales in the United States, while Nissan Motor Co posted a 16.2 percent increase, as better financing deals and pent-up demand lured consumers into dealer showrooms last month.

Chrysler, which is majority-owned by Italian automaker Fiat SpA, sold 126,089 cars and trucks last month, its best July in five years.

The smallest U.S. automaker’s sales increase fell short of some analysts’ estimates. Barclays Capital had expected Chrysler to sell 129,453 vehicles, while RBC Capital Markets had projected 127,889.

Read More: Reuters

Filed under Chrysler Auto Sales Nissan consumer demand Barclays Capital UBS