Twitter You Tube Facebook Autobodynews Linked In

Friday, 05 February 2010 06:58

GM, Ford may be benefiting from Toyota woes

The U.S. auto industry rebounded from last January's sales collapse with one big exception: Toyota, which lost an estimated 20,000 sales after it stopped selling eight models because of defective gas pedals.

Last month, U.S. sales of cars and light trucks to consumers rose 6 percent from a year earlier, thanks to increases in fleet sales and strong demand for newly redesigned vehicles such as the Hyundai Tucson SUV and Buick Lacrosse sedan.  Big winners included General Motors Co., Ford Motor Co., Nissan Motor Co. and Hyundai Motor Co., which all posted double-digit sales increases.

Click for MSNBC story

Read 1216 times