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US car sale surprise: Ford beats GM, Toyota not as bad as feared
Published in Saudi Press Agency on 02 - 03 - 2010


Ford has knocked General Motors off its long-
running pole position in the US car market, according to monthly
sales figures released today, while Toyota took less of a hit to
its bottom line than many had expected, according to dpa.
Ford Motor Co sold 142,006 cars and light trucks in February, up
43.4 per cent from the same month a year earlier. General Motors Corp
saw only a 12-per-cent gain in US sales to 141,535.
Japanese giant Toyota Motor Corp's sales fell 9 per cent to just
above 100,000 as the world's largest carmaker has struggled to
salvage its reputation after a series of safety recalls in the last
few months.
The surprising turnaround between Ford and GM highlights the
different directions the two Detroit car giants have travelled in the
past few years.
GM went through bankruptcy last year, forcing the manufacturer to
shed loss-making brands and drastically cut production. Already in
2008, GM lost its title of world's largest carmaker to Toyota.
Ford, in contrast, managed to avoid insolvency last year despite
the massive drop in car sales brought on by a deep US recession. Ford
is credited with embarking on a drastic restructuring effort earlier
than its US rivals.


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