GM loses ground - Metro US

GM loses ground

Longtime market leader General Motors had a 13 per cent drop in Canadian sales last month, while Chrysler, Toyota and Honda recorded increases compared with April 2007, according to statistics by Des Rosiers Reports.

General Motors saw its once-dominant market share fall to 22.5 per cent last month from 24.7 per cent a year earlier, as sales of cars and light trucks fell to 38,599 down from 44,651.

Ford’s sales volume also fell, but less dramatically. Its sales fell to 20,991 units from 21,973 last year, pushing down its market share to 12.6 per cent from 13.3 per cent.

But despite the declines at General Motors and Ford, overall Canadian sales volumes were up in April.

For sales of light vehicles of all nameplates rose to 175,205 from 168,984 — an increase of 3.7 per cent.

Sales of passenger cars accounted for most of the increase, while light truck sales were essentially the same as last year.

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