Ford sales jump; outsells GM on strong car demand (AP)

Ford Motor Co. outsold General Motors Co. in February for the first time in more than a decade. Ford sold 334 more cars than GM in the U.S. It was the first time since August 1998 that Ford outsold GM.

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  • Michael Johnston submits:After weathering a severe and prolonged downturn that saw multiple bankruptcies, unprecedented government intervention, and the near demise of the entire industry, American automakers finally have some good news to report.

  • Ford posted a 43 percent jump in February U.S. auto sales and outsold General Motors for the first time in nearly a dozen years as it grabbed sales from struggling Toyota.

  • Ford knocked General Motors out of the top spot for US auto sales in March, a feat it had managed only once before since 1998, industry data showed Friday.Strong demand for Ford's updated truck line and its fuel-efficient vehicles helped boost its sales 19 percent in March to 212,777 vehicles.That's 6,156 more vehicles than GM sold after posting a 9.6 percent gain.GM has been the top seller in the US market on an annual basis since 1931, according to Automotive News Data Center.Ford last outsold GM in February 2010, but by a margin of just 471 vehicles.

  • Zacks.com submits: Sales in the U.S. auto industry grew 13% to 10.4 million vehicles in February, driven by strong fleet sales (sales to rental companies as well as corporate and government houses). Comparable month sales recorded high figures, since February 2009 was the weakest month last year.

  • Wall Street Strategies submits: By David Silver

  • Wall Street Strategies submits:By David Silver

  • Ford Motor Co. surged ahead of rival General Motors Tuesday as it posted a 43 percent jump in February US sales which put the number two US automaker in sights of the number one sales spot.The gains come as Japanese rival Toyota is expected to post a sharp drop in sales following a series of mass recalls.Ford's total February sales of 142,285 placed it squarely ahead of GM's 141,951 vehicles. Toyota, which had overtaken Ford years ago in US sales, is expected to report its results later Tuesday.

  • China’s economy continues to grow quickly. It looks as though that, along with the slump in US car sales, likely will lead to China taking the world sales lead for cars (I would imagine for the first time ever the USA has not held this title). China 2009 Vehicle Sales May Rise 28% on Stimulus:

 
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