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Gm, Ford Sales Crash in '06, Toyota, Honda Climb

Brand new year calls for an analysis of Ford also reported sales of 2.9 million
the previous year's performance for the vehicles, 7.9 percent down compared to
benefit of improvement. In the automotive 2005 sales. For the month of December,
industry, Toyota and Honda stand on the Ford vehicle sales was down by 12.8
bright side of 2006. Said automakers percent - 9.9 percent for cars and 14.0
experienced a rewarding increase in for trucks.
sales. On the contrary, GM and Ford stand On the bright side of 2006, Toyota and
on the bleak abyss of the industry Honda enjoy a gratifying increase in
because of sales doldrums. sales. Toyota's sales were up by over 12
GM reported US sales of 4.1 million percent in December and for the entire
vehicles in 2006, down by 8.7 percent year. Consumers purchased 2.54 million
from 2005. The decrease is attributed to cars and trucks with the Toyota, Scion or
the shift of market demand in favor of Lexus brand name. Leading Toyota sales is
small cars. GM is famed for its its Camry that retains its title as the
sophisticated sport utility vehicles and best-selling car in America. There are
pickups. Enthusiasts believe that 2005 448,445 Camrys sold in 2006, about 3.9
GMC truck accessories are manufactured percent up from 2005 sales. 05 Toyota
with excellence just like other auto Camry accessories are playing significant
parts from the automaker. part in making the vehicle a top-seller.
Paul Ballew, chief sales analyst of GM Jim Lentz, executive vice president for
said, "It was a challenging one. It's a Toyota Motor Sales USA said, "2006 was a
year that came in below expectations and respectable year for the industry if you
deviated from our plans at the start of consider the strain of erratic fuel
the year." In December, GM reported a 13 prices and a housing bubble on an
percent drop in sales. According to the industry weaning itself from incentives."
automaker the decline was due in part to With regards to Honda, its December sales
sticking with GM's decision to lower fell by 0.8 percent but its 2005 sales
rental fleet vehicles sales and other were up by 3.2 percent. According to Dick
marginally profitable sales. Ford parts Colliver, executive vice president of
accessories did not show any luring American Honda, the automaker has
effect. According to some enthusiasts, benefited from having a line-up of
Ford's 2006 reports aren't likely to help fuel-efficient vehicles.
the ailing automaker.




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