April was not as rosy for car sales as previous months, but the auto market is still on firm footing. That was helped a resurgence in truck sales, thanks to a recovering housing market in the U.S.
After 20 years of declining market share, the three U.S. auto makers: GM, Chrysler and Ford, saw an overall uptick in their market share, just over 1%, to 45.6%
That market share growth has helped Chrysler return to profitability, but profits slipped a bit in the first quarter. Mazda returned to profitability last year, but the North America market continues to drag the company.
Finally, the Nissan Leaf saw sales charge past the Chevrolet Volt and diesel vehicles are drawing a larger share of the market.
Chrysler and other U.S. auto makers have seen truck sales rebound. |
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