GM, Ford, and Chrysler sales all up for February! Ford overtakes GM…
Awesome news for the domestic automakers: sales were up for February! GM posted a sales increase of 12% over prior year’s results with sales of 141, 951 vehicles, Ford posted a sales increase of 43% with 142,285 vehicle sales, and Chrysler posted a sales increase of 1% with sales of 84,449 vehicles. Plagued by recent recalls, Toyota posted a sales decrease of 8.7% for February with sales of 100,027 vehicles.
The second piece of the story is even more exclusive: Ford overtook GM in sales for the first time since 1998, when a strike caused a large decrease in sales for GM. The last time before that was 1970, when a walkout caused a similar situation. I’m not rooting for one company or the other, but this can only be good news for the consumers – competition generates better quality and better value for the customer.
Read the full article at BusinessWeek.
Tags: Chrylser, February, Fiat, Financial Results, Ford, GM, sales, Toyota
