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Ford, Toyota GM sales slumped in April

April auto sales were so slow that even Toyota reported a decrease from the same month last year. General Motors and Ford also reported decreases in U.S. sales while Chrysler had a small increase, according to the Associated Press.
Most analysts expected that U.S. sales would be down due largely to the slumping housing market, rising consumer debt, no pent-up demand for vehicles and gasooine prices at or near $3 per gallon.

Posted by   at 3:43 PM to Companies , Sales | Permalink

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