Cars and Drivers
Toyota, GM U.S. Sales Match Ford, Chrysler Growth as Concerns Mount
Published:
Last Updated:
GM said it sold 224.314 vehicles in the U.S last month, with Cadillac sales up 20% to 13,845 units and Buick model sales up 15% to 16,150. GM’s Chevrolet badge accounted for sales totaling 158,541, up nearly 5% over February 2012..
Toyota’s sales totaled 166,377 in the U.S. in February, up 4.3% year-over-year. Toyota posted 2012 global sales of 9.75 million vehicles, a company record and enough for Toyota to pass GM as the world’s best-selling carmaker.
German automaker Volkswagen AG reported that February U.S. sales grew by just 2.9%, compared with jump of 7% in January.
Sales in the first two months of 2013 have continued growing, but there is plenty of uncertainty about the effects of government spending cuts not only on employment but also on consumer confidence. Automakers may also begin to feel a pinch in margins as incentives are increased in order to attract buyers.
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.