April automotive sales shift into reverse
May 04, 2010 | 12:09 PM
| Corinna Petry
Automotive sales for the top seven U.S. brands were disappointing in April as volumes reversed course to reach 826,170 units, according to an AMM analysis.
That's down 8.5 percent from 902,520 units in March, when sales volumes by the group had risen 38.1 percent from a month earlier.
But despite the month-on-month drop sales volumes still rose 19.3 percent from 692,801 units in April 2009.
Executives at General Motors Co., Detroit, and Dearborn, Mich.-based Ford Motor Co.—the top two of the seven—said they are sticking with a U.S. sales forecast of 11.5 million to 12 million units during 2010.....
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