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March 9, 2021
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AUTO SALES
(2008-04-02)
(wgvu) - GENERAL MOTORS AND CHRYSLER BOTH SAY THEIR U.S.
SALES FELL 19 PERCENT IN MARCH, WHILE FORD'S DROPPED 14 PERCENT AND
TOYOTA'S FELL 10 PERCENT.
THE DECLINE WAS SMALLER AT HONDA AND NISSAN, WHERE SALES LAST
MONTH WERE OFF 3 PERCENT AND 4 PERCENT, RESPECTIVELY.
THE DROPS CAME AS DEMAND FOR TRUCKS AND SPORT UTILITY VEHICLES
PLUMMETED AMID HIGH GAS PRICES AND A SLOWDOWN IN HOME CONSTRUCTION.
MARCH WAS ONE OF THE WORST MONTHS FOR AUTOMAKERS SINCE 2005,
WHEN A WAVE OF SUMMER DISCOUNTS LED TO A HUGE DROP IN FALL SALES.
THE FORD F-SERIES PICKUP WAS THE TOP-SELLING VEHICLE IN THE U.S.
LAST MONTH.
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