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Toyota, Honda lead declines in Dec. auto sales
Published in Saudi Press Agency on 05 - 01 - 2009

Toyota and Honda's U.S. sales fell more than their U.S. competitors' in December, with Toyota's 37
percent decline and Honda's 35 percent drop showing the
Japanese company's popular fuel-efficient models were
little help as consumers steered clear of showrooms due to
the dismal economy, according to AP.
Ford Motor Co.'s U.S. sales fell 32 percent in December,
while General Motors Corp.'s dropped 31 percent. Chrysler
LLC and other automakers were to report their U.S. sales
for December and 2008 later Monday.
Ford's sales for 2008 fell 21 percent from a year earlier,
keeping the Dearborn automaker in third place in the U.S.
auto sales race, falling behind Toyota Motor Corp. for the
second straight year.
Toyota's 2008 sales fell 16 percent to 2.22 million,
compared with Ford's 1.98 million. Detroit-based GM's 2008
sales totaled 2.95 million, down 23 percent from the year
before. Honda Motor Co.'s 2008 sales fell 8.2 percent.
Analysts expected auto sales industrywide to drop up to 40
percent in December as consumers remain uncertain about the
economy and their jobs.
The auto Web site Edmunds.com predicted sales for the full
year will total just over 13 million, down 18 percent from
2007 and the lowest level since 1992.
Subaru of America Inc. said its U.S. sales crept higher in
2008, poising the Japanese company to be the only major
automaker with a yearly sales increase. Subaru's U.S. sales
rose by 0.3 percent to 187,699 vehicles from 187,208 in
2007, as consumers snapped up its top-selling Forester and
Impreza models.


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