American car giants Ford and Chrysler have recorded their highest US sales in nearly six years during the month of March.

Buyers have been attracted by incentives including low interest rates, tax refund cheques and a growing job market, leading to the highest recorded sales since the heights of 2007.

Ford saw sales rise by 6 percent over the month while Chrysler recorded a 5 percent rise year on year.

General Motors said increased sales were, “thanks to a strengthening economy and new products".

While profits have increased as U.S. consumers begin to increased security, Car manufactures such as Ford have yet to see a stock rise in response to reports of high profits.

The global position of U.S. car manufacturers is less positive, with exports to Europe unexpected to rise, with Ford expecting a loss of $3 billion over the next two years in European markets.

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