Cincinnati.Com
NKY.COM  |  ENQUIRER  |  CIN WEEKLY  |  Classifieds  |  Cars  |  Homes  |  Jobs  |  Help
Currently:
34°F
Light Snow
Weather | Traffic
The Enquirer
HOME
NEWS
ENTERTAINMENT
SPORTS
REDS
BENGALS
LOCAL GUIDE
MULTIMEDIA
ARCHIVES
SEARCH
 
 TODAY'S ENQUIRER 
 Front Page 
 Local News 
 Sports 
-- Business 
 Editorials 
 Tempo 
 Home Style 
 Travel 
 Health 
 Technology 
 Weather 
 Back Issues 
 Search 
 Subscribe 

 SPORTS 
 Bearcats 
 Bengals 
 High School 
 Reds 
 Xavier 

 VIEWPOINTS 
 Jim Borgman 
 Columnists 
 Readers' views 

 ENTERTAINMENT 
 Movies 
 Dining 
 Horoscopes 
 Lottery Results 
 Local Events 
 Video Games 

 CINCINNATI.COM 
 Giveaways 
 Maps/Directions 
 Send an E-Postcard 
 Coupons 
 Visitor's Guide 
 Web Directory 

 CLASSIFIEDS 
 Jobs 
 Cars 
 Homes 
 General 
 Place an ad 

 HELP 
 Feedback 
 Subscribe 
 Search 
 Newsroom Directory 



 
Tuesday, May 4, 2004

Ford's auto sales slump, but competitors improve



By John Porretto
The Associated Press

DETROIT - Americans' appetites for gas-slurping pickups and sport utility vehicles boosted business for several automakers last month, even as high fuel prices helped contribute to record sales for gas-electric hybrid cars.

Ford Motor Co.'s overall sales for April were below expectations, the company said Monday, while DaimlerChrysler AG's Chrysler Group performed slightly better than expected. A computer glitch forced General Motors Corp., the world's largest automaker, to postpone its April sales report until today.

Among foreign automakers, Toyota Motor Corp. reported its eighth consecutive best-ever April, helped in part by strong demand for its gas-electric hybrid Prius sedan. Toyota's U.S. sales were up 10 percent for the month. Toyota's North American manufacturing headquarters is in Erlanger.

Honda Motor Co., the only other automaker selling a hybrid vehicle on the U.S. retail market, said its Civic hybrid posted a second consecutive month of record sales. So far this year, Honda has sold 9,023 Civic hybrids, 11 percent more than at this point last year. Honda has a manufacturing plant in Marysville, Ohio.

Nissan Motor Co.'s U.S. arm also had another positive month, up 14 percent behind solid sales of its new Titan full-size pickup and Armada full-size SUV.

"The industry is benefiting from a healthy first-quarter economy," said Jim Press, chief operating officer of Toyota's U.S. division. "Despite rising fuel prices, economic indicators such as gross domestic product, employment and consumer spending were all up, giving a boost to April automotive sales."

Industrywide, analysts predicted sales of new cars and trucks would be up 3 percent to 5 percent in April, helped in part by ongoing incentives and consumers spending tax refunds.

However, the final industry tally for April will not be available until today. GM postponed its report by a day after what it called a "major failure" Friday with its vehicle delivery reporting system.

GM sales were expected to rise in April, in line with projected gains for the overall industry.

Ford's U.S. vehicle sales were off an unexpectedly sharp 4.6 percent in April from a year ago as an aging car lineup continued to hamper business. The nation's second-largest automaker said passenger car sales declined 8.8 percent last month from April 2003, while truck sales dropped 2.4 percent. Most analysts predicted sales of Ford, Lincoln and Mercury brands to be flat to down slightly.

---

On the Net:

Ford Motor Co.: http://www.ford.com

General Motors Corp.: http://www.gm.com

DaimlerChrysler: www.daimlerchrysler.com




BUSINESS HEADLINES
Guerrilla marketing
Square repairers seek ideas
Delta to recall laid-off pilots
Markets await Fed action on interest rates
Milacron out of tool cutting
Delhaize tepid on Thriftway
Tristate summary
You ought to be in pictures
Ford's auto sales slump, but competitors improve
New virus a global pest
Sickness adjourns Adelphia trial



 

Latest Headline News
Updated Every 30 Minutes
BUSINESS NEWS

U.S. Rises in Auto Reliability Ratings

Congolese Shun Own Currency for Dollars

Delta Air Lines Posts $52M Profit in 3Q

Prepared Holiday Meals Up in Popularity

Christmas Returns to Wal-Mart Marketing


Cincinnati.Com
Search our site by keyword:  
Search also: News | Jobs | Homes | Cars | Classifieds | Obits | Coupons | Events | Dining
Movies/DVDs | Video Games | Hotels | Golf | Visitor's Guide | Maps/Directions | Yellow Pages

  CINCINNATI.COM  |  NKY.COM  |  ENQUIRER  |  CIN WEEKLY  |  Classifieds  |  Cars  |  Homes  |  Jobs  |  Help


Search | Questions/help | News tips | Letters to the editors | Subscribe
Newspaper advertising | Web advertising | Place a classified | Circulation

Copyright 1995-2007. The Cincinnati Enquirer, a Gannett Co. Inc. newspaper.
Use of this site signifies agreement to terms of service updated 12/19/2002.