DETROIT ( TheStreet) -- GM ( GM) and Chrysler posted double-digit sales gains in November, while Ford ( F) said its sales rose 7%. Overall industry sales rose about 7%, Ford estimated, as the auto industry continued to lead the U.S. economy.
"November was fairly typical," with strong gains towards the end of the month, said Ford analyst Eric Merkle, on the Ford sales call. He said the "market (is) experiencing a good deal of resilience, particularly as we compare to October."
GM said sales rose 13.7% to 212,060, the highest November total in six years, while Chrysler said November sales rose 16% to 142,275 units, the group's best November sales since 2007.
At GM, retail sales rose 19%, while fleet sales declined 3%. Chevrolet sales rose 12.5% to 145,089 units. Silverado sales rose 12.1% to 34,386. Cadillac sales rose 12.6% to 16,172. Buick sales rose 13.4% to 15,072. GMC sales rose 19.8% to 35,727. Chevrolet car sales rose 19% with Malibu up 40.9% to 14,405.
"November sales were strong at all four of our brands, and demand was robust for everything from cars to crossovers to the industry's newest and best full-size pickups," said Kurt McNeil, GM vice president, U.S. sales operations, in a prepared statement. "The sheer number of award-winning new models we have helped us grow faster than the industry for the second month in a row.
"We feel good about the direction of the economy and our own momentum," McNeil said. "The economy is creating jobs and household wealth. Energy costs are dropping and credit is available and affordable. All of this bodes well for future growth."