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March 5, 2021
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AUTO SALES
(2008-03-04)
(wgvu) - U.S. VEHICLE SALES FELL 6.3 PERCENT LAST MONTH
FROM A YEAR EARLIER AS DEMAND FOR PROFITABLE TRUCKS AND SPORT
UTILITY VEHICLES SUFFERED FROM HIGH GAS PRICES AND A SLOWING
ECONOMY.
THE DETROIT THREE ALL HAD LOSSES THAT EXCEEDED THE NATIONAL
AVERAGE, WHILE TWO OF THREE MAJOR JAPANESE MAKERS REPORTED
INCREASES.
U.S. AND INTERNATIONAL BRANDS SOLD AT A SEASONALLY ADJUSTED
ANNUAL RATE OF 15.4 MILLION IN FEBRUARY, WHICH HAD 29 DAYS BECAUSE
OF THE LEAP YEAR.
THAT'S DOWN FROM AN ANNUAL RATE OF 16.6 MILLION IN FEBRUARY
2007.
CHRYSLER'S SALES FELL 14 PERCENT, GENERAL MOTORS' DROPPED 13
PERCENT AND FORD'S FELL 7 PERCENT.
HONDA'S U.S. SALES ROSE 5 PERCENT, NISSAN'S ROSE 1 PERCENT AND
TOYOTA'S FELL 3 PERCENT.
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