GM Truck Sales up!

[Steve]

The sale of light trucks helped GM post higher than expected sales!

http://www.foxnews.com/story/0,2933,295702,00.html

DETROIT — Toyota and Ford on Tuesday each reported sales declines last month, but General Motors Corp surprised industry analysts by showing an increase.

Toyota's 2.8 percent decline and Ford's 14.4 percent drop were symptoms of what analysts expected to be a declining U.S. auto market in August and the rest of the year due to rising mortgage payments and turmoil in the financial markets.

But GM (GM), led by increased pickup truck sales, showed an increase of 6.1 percent, and Nissan Motor Co. (NSANY) reported sales increased 6.3 percent for August.

Toyota Motor Corp (TM), with 233,471 vehicles sold in August, beat Ford for the month. But Ford Motor Co. managed to hold off the Japanese automotive powerhouse and remain the nation's No. 2 automaker for the first eight months of the year. Ford sold 1.792 million vehicles through August, with Toyota close behind at 1.789 million.

[IngridT]

Seems to me that GM has continued to lead the way, together with some auto companies this October. They are surging with sales amidst economic downturn, especially with their trucks. I just hope that this will continue for long.

[MPC-Silverado]

wow thats great its about time