Chrysler Group led the five largest automakers in exceeding analysts’ estimates for April as the industry’s increased production drove expansion in the manufacturing sector.
Chrysler sales climbed 20 percent to 141,165 light vehicles and Toyota’s deliveries rose 12 percent to 178,044, according to company statements. Those results beat eight analysts’ average estimate for increases of 16 percent and 10 percent. General Motors, Ford and Honda said sales declined by less than analysts’ estimates.
