GM reports healthier sales in January
by Associated Press
Published: February 3,2010
DETROIT — General Motors Co. says its January sales rose 14 percent due to higher fleet and crossover vehicle sales.
Crossovers are sport utility vehicle-like in size but sit on a car instead of a truck frame.
The automaker says it was helped by a stronger economy and Toyota’s decision to halt U.S. sales of eight models due to a gas pedal system problem.
Toyota reported a 16 percent sales drop, while Ford Motor Co. was up 25 percent. Honda Motor Co. sales fell 5 percent, and Nissan Motor Co.’s rose 16 percent. Chrysler was down 8 percent.
Toyota stopped selling the models Jan. 26.
Automakers were expecting January numbers to be up over the same month last year, when sales dipped to a 26-year low because of the tough economy.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- New boutique hotel to replace Oxford’s Downtown Inn
- Coast city to repay BP grant funding for Ocean Expo
- Eye clinic operator faces Medicaid fraud charges
- Mega-load move could cause traffic issues
- NEW ORLEANS SAINTS MOVING — Mississippi company has the task of moving the football team
- New owners plan cautious change for Highland Village
- Judge to weigh Hood's credit card issuer lawsuit
- Blue Origin successfully tests BE-3 rocket engine
- Allain to lie in repose at Capital Friday; funeral Saturday in Natchez
- Northrop Grumman begins production of five NATO drones