New vehicle sales grow 15.9 percent
HOT ITEMS: SUVs topped the best-sellers last month, with Toyota selling 4,142 new Corolla Cross vehicles and 2,193 RAV4s, while Honda moved 1,896 of its CR-V units
By Lisa Wang / Staff reporter
New vehicle sales grew at an annual pace of 15.9 percent last month, due to stable economic growth and new model launches against a decline in global auto sales due to chip shortages, online market researcher U-Car.com said in a report on Thursday.
New vehicle sales climbed to 43,000 units last month, the best figure for March in 16 years. It also represented a 59 percent increase from 27,174 units in February, according to the report.