WDET News
- October Auto Sales Show Slight Improvement
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Nov 4, 2009Automotive & Business - Link to Audio
U-S automakers are reporting a slight improvement in sales figures for the month of October. WDET’s Jerome Vaughn has more.
SOQ
Industry analysts say the rising sales figures show the nation’s economy is slowly improving.
GM’s October sales rose four percent compared to the same period last year. That’s the automaker’s first year-over-year sales increase since January 2008.
Ford saw a three percent improvement in its October sales figures. Demand for cars and crossover vehicles showed double digit growth – while sales of SUV’s…pickups…and vans dropped.
Toyota sales inched up less than one percent. Honda sales fell roughly half a percent.
Chrysler performed worst of the major automakers…with sales dropping 30 percent last month.