US auto sales strong so far

Recap of March US auto sales so far

• GM +15.7% vs +5.1% estimate
• Ford +3.5% vs +0.8% est
• Honda +3.8% vs +2.1% est
• Toyota +3.5% vs +3.9% est
• Nissan -3.7% vs -2.1% est
• Volkswagen US +17.8% (no estimate)
• Fiat Chrysler +13.6% vs +1.9% est

Overall, the numbers look very strong, which bods well for the economy and the consumer.