January Auto Sales: Detroit down, Japan up
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January Auto Sales: Detroit down, Japan up
I am completely surprised by Ford's dramatic decline. This is getting beyond serious at this point.
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Ford, GM Report Decline in January Sales - - Associated Press - February 4, 2004
DETROIT (AP) - As the overall car and truck market stagnates, General Motors Corp. and Ford Motor Co. saw sales drop more than expected last month even as Japan's Toyota Motor Corp. and Nissan Motor Co. continue to surge in the American market.
Together, domestic and foreign makers reported a 0.7 percent drop in car and light-truck sales for January.
GM, the world's largest automaker, said Tuesday that its new car and truck sales fell 1.8 percent in January, while Ford reported a ``painful'' decline of 9.8 percent.
Nissan said its sales soared 25.7 percent, while Toyota's climbed 15.8 percent. Honda sales fell 3.7 percent.
DaimlerChrysler AG's Chrysler Group was alone among the traditional ``Big Three'' domestic automakers to report a positive month, noting a 9.4 percent increase.
GM's truck sales were up 12.8 percent. Ford's truck sales fell 4.7 percent, despite the continuing success of the F-150 pickup. Chrysler sold 21.5 percent more trucks than the previous January.
Taurus sales fell 26.6 percent, and Sable sales were down 47.1 percent.
Toyota, meanwhile, saw truck sales jump 27.4 percent and car sales rise 6.4 percent.
Source: Automobile Mag.
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Ford, GM Report Decline in January Sales - - Associated Press - February 4, 2004
DETROIT (AP) - As the overall car and truck market stagnates, General Motors Corp. and Ford Motor Co. saw sales drop more than expected last month even as Japan's Toyota Motor Corp. and Nissan Motor Co. continue to surge in the American market.
Together, domestic and foreign makers reported a 0.7 percent drop in car and light-truck sales for January.
GM, the world's largest automaker, said Tuesday that its new car and truck sales fell 1.8 percent in January, while Ford reported a ``painful'' decline of 9.8 percent.
Nissan said its sales soared 25.7 percent, while Toyota's climbed 15.8 percent. Honda sales fell 3.7 percent.
DaimlerChrysler AG's Chrysler Group was alone among the traditional ``Big Three'' domestic automakers to report a positive month, noting a 9.4 percent increase.
GM's truck sales were up 12.8 percent. Ford's truck sales fell 4.7 percent, despite the continuing success of the F-150 pickup. Chrysler sold 21.5 percent more trucks than the previous January.
Taurus sales fell 26.6 percent, and Sable sales were down 47.1 percent.
Toyota, meanwhile, saw truck sales jump 27.4 percent and car sales rise 6.4 percent.
Source: Automobile Mag.
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