Detroit Automakers See Sales Gains In 2010
Tuesday, January 04, 2011 - 09:07 PM
Detroit - Jerome Vaughn, WDET) Detroit’s automakers say their sales began to rebound in 2010.
Industry analysts say consumers who have been waiting for the national economy to improve felt confident enough to make vehicle purchases in the last month of the year.
General Motors sold more than 2.2 million cars and trucks last year. That’s a six percent improvement over 2009 -- the year GM emerged from federal bankruptcy protection.
Ford sold just under two million vehicles in 2010 -- a 15 percent jump in year-over-year figures. The automaker’s F-150 pick-up truck saw sales grow by nearly a third, making it the country’s best selling vehicle. The F-150 has held that title for 34 straight years.
Annual sales at Chrysler rose 17 percent. Company officials say the figures match the goals they set out late in 2009. Demand for the company’s trucks in December showed double digit growth.
Of the major automakers, only Toyota posted lower sales for 2010. They were down about a third of a percent. Throughout the year, the automaker dealt with the negative effects of safety recalls