Ford, GM Monthly Sales Tumble Again
GM sold 170,585 vehicles in October, down 45% from a year ago.
U.S. consumers weren't buying many vehicles last month, as the major automakers saw big year-over-year declines in car and truck sales.
General Motors
(GM) - Get Report
said Monday that it sold 170,585 vehicles in October, 45% lower than a year ago. Truck sales of 97,119 were down 51%, and car sales dropped 34% to 73,466.
Ford
(F) - Get Report
said its sales slumped 30.2% from the same month a year ago to 132,838 vehicles. In October 2007, the company sold 190,195 cars and trucks.
Truck sales fell 30.3% to 88,267 units, and Ford, Lincoln and Mercury car sales slid nearly 27% to 40,854.
At
Toyota
(TM) - Get Report
light-vehicle sales decreased more than 20% to 152,101.
This article was written by a staff member of TheStreet.com.
