Ford and Fiat Chrysler’s 2015 Auto Sales Reach Highest Level in Nearly a Decade

2015 auto sales are expected to eclipse the record 17.4 million vehicles sold back in 2000. General Motors (GM) sold 3.1 million vehicles in 2015 - a 6 percent rise from 2014. Ford (F) sales rose 5 percent to about 2.6 million vehicles for the year - that's its highest level since 2006. Fiat Chrysler (FCAU) sold about 2.2 million cars - a 7 percent year-over-year increase and its strongest since 2005. Toyota Motor (TM) sold roughly 2.5 million vehicles during 2015, a 5.3 percent year-over-year increase. While auto executives think the space still has more room for growth, TheStreet's Jim Cramer says we may have reached a ceiling in the sector. 'Ford CEO Mark Fields said there is no peak in autos, but four rate hikes [from the Federal Reserve] will make it that its peak auto,’ Cramer said. TheStreet’s Scott Gamm reports from Wall Street.