|
U.S. sales at the traditional Big Three U.S. automakers continue to lose share to Toyota and other import brands in March, although sales at troubled Ford and Chrysler rebounded enough from weak February results to beat forecasts.
General Motors, the nation's No. 1 automaker, reported that it's U.S. sales slipped 4 percent to 345,418, a bit worse than the forecast of a 1.3 percent decline by sales tracker Edmunds.com.
Meanwhile, Toyota Motor saw its U.S. sales rise nearly 12 percent to hit a record 242,675 in the month, helped by strong sales of its fuel-efficient hybrids, along with a jump in sales from the introduction of its first full-size pickup truck.
Honda Motor saw sales rise 11 percent to also top forecasts of only modest gains, as did rival Japanese automaker Nissan. Korean automakers Hyundai and Kia posted narrow gains.
Read more
|
