At least Toyota (TM) is not invincible. Its US sales fell in April from 220,000 to 210,000, a drop of about 4%. But, last year’s month had two extra sales days. On that basis, Toyota sales rose a little less than 4%. The monthly comparisons are pesky with the different time frames.
Sales for the DaimlerChrysler (DCX) Chrysler unit did better than expected, up 2% to 193,000. Mercedes sales were flat at 21,000. Those numbers are unadjusted for differences in sales days.
Ford (F) was beaten like a mule, down 13% to 229,000. Car sales were down 24%. Again, these are not adjusted for the month being 26 sales days last year and 24 days this year.
GM (GM) posted a 9.5% decline in April U.S. light vehicle sales to 307,554 cars and trucks from 339,796 a year ago.
No winners.
Douglas A. McIntyre
