Thursday, October 01, 2009


GM, Toyota, Ford U.S. Sales Fell as ‘Clunkers’ Ended
General Motors Co., Toyota Motor Corp. and Ford Motor Co. said sales fell in September as waning demand after the “cash for clunkers” rebates cut industry deliveries to the second-slowest rate this year.

GM deliveries tumbled 45 percent, while Toyota dropped 13 percent, both worse than analysts had estimated. Ford slid 5.1 percent, and Chrysler Group LLC, Honda Motor Co. and Nissan Motor Co. also posted declines. ...