US new auto sales in April inch upwards year on year

摘要

HOUSTON (ICIS)--New vehicle sales in April inched up from same time last year as measured on a six-month moving average of monthly seasonally adjusted annual rates (SAAR), auto research firm AutoData said.Auto sales also inched up in the previous month, following a decline in February. The automotive industry is a major global consumer of petrochemicals, which contributes more than a third of the raw material costs of an average vehicle.