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Tuesday, March 02, 2010

Ford, GM Post Sales Gains During Toyota Recalls

See Folks, what did I tell you!

February was first full month since Japanese automaker reported issues

DETROIT
- Toyota's pain is its rivals' gain.

The auto industry reported higher U.S. sales in February and scooped up customers from the Japanese automaker, which has been struggling with a massive safety recalls.

Toyota Motor Corp. said its U.S. sales fell 9 percent last month, making it the only automaker to sell fewer cars and trucks in February. Ford, GM, Nissan and Honda all reported double-digit sales growth last month compared with a year earlier, at the depth of the recession. The gains may have been even higher without the blizzards that slowed traffic to showrooms.

GO HERE to read more. Editors Note: Don't miss tonight's Show at 6:00 PM. I discuss this well before the MSM posted such articles.

1 comment:

Anonymous said...

GM expected a 24% rise in sales(year over year), they only rose 11%. Ford year over year sales grew roughly 40%. It ain't the blizzard, people don't like Gov't Motors.