Ford: Higher Payroll Tax May Hurt Auto Sales but Outlook Is Good
Both GM and Ford cited strong pickup truck sales as an indication of the housing recovery. Sales of the Ford F-150 pickup truck reached 68,787, the most since August 2007. At GM, Silverado sold 50,699 units, while the GMC Sierra sold 18,710 units, for a total of 69,409 units.
"We sold more than in any month since September 2008," McNeil said. "This gave us truck leadership for the month."
-- Written by Ted Reed in Charlotte, N.C.
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