February 2, 2016 / 4:47 PM / a year ago

BUZZ-U.S. Automakers: Down after reporting Jan sales

1 Min Read

** U.S. automakers' shares down after reporting January sales numbers; Dow Jones U.S. Automobiles Index falls 3.3 percent

** Investors believe auto sales would soon plateau before a decline in several years

** January numbers follow record auto sales of 17.47 million vehicles in 2015, breaking the mark of 17.41 million vehicles in 2000 (reut.rs/1RYjqC5)

** Ford Motor Co January U.S. sales fall about 2.6 pct, hurt by the snowstorm that hit the U.S. East Coast

** Fiat Chrysler Automobiles January sales up 7 pct on strength in Jeep SUV brand

** General Motors Co January sales up 0.5 pct

** Ford shares down 3.5 pct, General Motors down 3.2 pct, Fiat Chrysler Automobiles down 3 pct in morning trading

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