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Automakers Bounce Back

Rebounds

Ford, GM post big sales.

Don’t tell Toyota, but automakers are posting gains again—even GM! Ford sales grew 24.6 percent in January and GM sales grew 14 percent. Mercedes-Benz sales skyrocketed 45.3 percent. But sales for Toyota, which is plagued by a recall and sales suspension, dropped 16 percent. Toyota has suspended sales and production of eight of its most popular models due to problems with the pedals; these cars make up almost 10 percent of total U.S. retail sales.

Read it at Los Angeles Times

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