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Toyota, GM Post Sales Gains in February

Thursday, March 01, 2007 6:50:15 PM
By TOM KRISHER

Unsold 2007 Nitro sports-utility vehicles sit at a Dodge dealership in the southeast Denver suburb of Centennial, Colo., on Sunday, Feb. 25, 2007. German automaker DaimlerChrysler AG said Thursday, March 1, 2007 its February U.S. sales fell, due almost entirely to softness at its Chrysler Group division. (AP Photo/David Zalubowski)DETROIT (AP) - The U.S. auto sales story line for nearly the past year has been Toyota Motor Corp. kicking the stuffing out of the Detroit Three, but there was a new twist in February. Yes, Toyota sales were up 12.2 percent, but General Motors Corp. showed a strong increase, surprising the industry by reporting a 3.7 percent year-over-year sales rise for the month.

"You can't base everything on one month, but you do need to look at some of the new products that they have coming out," said Rebecca Lindland, an industry analyst with Boston-based Global Insight. "They're just sort of gaining some attention from the fact that they are making strides with brands like Saturn."

GM's Detroit-area competitors, however, stayed in their funk, with Ford Motor Co. posting a 13.5 percent sales slide and DaimlerChrysler AG's Chrysler Group with an 8.3 percent dip.


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