Ford reported an April sales increase of 18%, while General Motors and Chrysler each enjoyed 11% gains, bolstered by a strong stock market, rising home prices and many consumers’ need to replace old vehicles.
Cars sold well for Ford, up 21%, led by the Fusion. Truck and utility vehicle sales were both up 16% as the momentum continues for F-Series and Escape. The automaker had total sales of 212,584.
GM reported a 34% increase for Cadillac, 11% for Buick, 11% for Chevrolet and 7% for GMC.
Toyota reported its sales slipped 1.1% from a year earlier, but model-by-model sales will be released later today.
Source
Detroit Free Press