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April 1, 2008

US Auto Sales Fall in March

DETROIT -- Ford's U.S. sales dropped 14 percent, Toyota's fell 10 percent and Honda's slipped 3 percent in March as demand for trucks and sport utility vehicles plummeted amid high gas prices and a slowdown in home construction, according to the Associated Press.

Consumers' worries about the economy were expected to make March one of the worst months for automakers since 2005, when a wave of summer discounts led to a huge drop in fall sales. Automakers reported sales Tuesday.


Posted by Peter C. T. Elsworth  at 2:28 PM to Ford , Honda , Sales , Toyota | Permalink

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