Ford outsells Toyota in April, GM reports better than expected sales, Chrysler down 48%

Sales of the Ford Fusion Hybrid helped FoMoCo grab a big slice of the U.S. market even as its sales dropped 32 percent. According to the Wall Street Journal Ford outsold rival Toyota for the first time in at least a year. Toyota’s sales fell 42 percent.

Domestic rival General Motors reported a sales drop of 34 percent in April, a decline that was better than analysts expected. Chrysler reported a 48 percent decline selling a total of 76,682 units.

Ford ended up selling 133,979 light-vehicles in April. Sales were up from the March to April period by a total of 2,878 units.

Ford said it sold a record number of Fusions with a total of 18,321 units sold.

2010 Ford Fusion Hybrid:

 

– By: Kap Shah

Source: MSNBC