April Car Sales: Worse For The Japanese Than Detroit (TM)(HMC)(GM)(F)

In a bit of a role reversal, the US light vehicle  sales of the large Japanese car companies did worse than The Big Three for the month of April.

But, no one did well.

Toyota’s (TM) sales dropped 42% to 126,540. Nissan suffered a slide of 38% to 47,190. Honda (HMC) held up much better with a 25% skid to 101,029.

GM’s (GM) sales fell 33% to 172,150, an indication that concerns about bankruptcy did not hurt its sales more than those of its competitors. Ford (F) posted a 32% drop to 134,401. Chrysler had the worst of it with sales falling 48% to 76,682.

Douglas A. McIntyre