GM sales improved by nearly 12 percent according to recent reports but that didn’t help them in their competition with Detroit based rivals, Ford Motors. For the first time in 12 years, Ford motors sold more cars than General Motors in February.
The recent Toyota recalls of roughly 6.5 million cars in the U.S. alone has been helping bolster the business of other major car companies including both Ford and GM. Certainly, at least a portion of Ford’s 43.1 percent sales improvement (from one year ago) is due to the shift. Ford sold142,285 vehicles in February as compared to GM’s 141,849.
Ford figures, like those of GM were pushed up by heightened fleet sales. Fleet sales at Ford grew by 74 percent. As a result, Ford was able to surpass GM in sales for the first time since 1998.
Sales in every brand at Ford were up unlike GM, who is still in the process of selling off the remainder of stock for several deceased brands. Sales in the departed four brands slid 86 percent.
Sales in the auto industry as a whole are up 12 percent for February. It’s been suggested that analyst predictions of 16 percent improvements were missed as a result of the dangerous weather conditions.
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