Cars and Drivers

Stranger The Fiction: GM (GM) Posts Better May Results Than Toyota (TM)

oilGM (GM) is supposed to the poorly managed bankrupt car company that has trouble producing vehicles that the domestic market will buy. Toyota (TM) is the nibble competitor with the fuel-efficient and defect-free vehicles that attract buyers in droves.

Somehow the math for car sales in May did not bear out the images that the two companies have. Toyota’s sales fell 41% to 152,583. GM’s sales were only down 29% to 190,881.

Honda (HMC), which also enjoys a reputation for quality and fuel-efficiency, had a 42% drop in domestic sales to 98,344.

Maybe “Buy American” is back in vogue.

Douglas A. McIntyre

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