April Sales Numbers: GM Improves, Toyota Falters
The April sales numbers are in and although the market hasn't exactly turned a corner just yet, there are signs that the slump may be leveling off a bit.
The overall sales rate, menacingly referred to as SAAR (Seasonally Adjusted Annualized Rate), was down to 9.5 million from 9.8 million last month, but still not as bad as February when it was as low as 9.1 million.
General Motors was down compared to last year's April sales numbers, but up 14% compared to March. It market share was also up. Ford also fell compared to last April but was up 8.3% compared to March. Toyota had a tough month with sales down 42% compared to last April.
For a complete analysis of all the numbers, check out AutoObserver's take on this month's sales numbers.
AutoObserver: April Car Sales: The Bottom's Around Here Somewhere
