Tuesday, May 6, 2008

Sales up for Toyota, down for GM, Ford

Ford and General Motors saw double digit U.S. sales declines, but Toyota's sales edged up 3 percent in April according to figures made public Thursday. High gas prices accelerated consumers' rush away from trucks and sport utility vehicles. General Motors Corp. said its truck and SUV sales were down 27 percent, while GM's overall sales were down 16 percent for the month. Ford said its SUV sales were down 36 percent in April, while car sales were down only 1 percent. Ford's overall sales were down 12 percent. Toyota said its car sales rose 12 percent, largely on the strength of the subcompact Yaris and the hybrid Prius. Toyota's truck and SUV sales dropped 8 percent. If gas keeps going higher and higher, more people will be looking for a smaller vehicle with better gas mileage, especially if you have far to drive to work and summer is coming and with it vacations.

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