by Calculated Risk on 2/03/2009 01:51:00 PM
Tuesday, February 03, 2009
GM sales fall 48.9%, Toyota Off 32%
UPDATE: MarketWatch headline: Chrysler U.S. sales down 54.8% to 62,157 vehicles in January
MarketWatch headline: GM U.S. sales fall 48.9% to 128,198 units in January
From the WSJ: Ford's Sales Fall 40%, Toyota's Drop 32%
Toyota Motor Corp. reported a 32% drop, as the Japanese company sold 117,287 vehicles in the U.S. last month. Its passenger-car sales dropped to 67,263 from 94,586, while its light-truck sales fell to 50,024 from 77,263.Chrysler usually reports last, and they have seen the largest sales declines recently (53% year over year in December).
The good news is auto sales have to be closer to the bottom than the top!