General Motors Corporation, Toyota Motor Corp. and Ford Motor Co. have one thing in common – the declining auto sales. Automakers Detroit, suffered sales declines in April consumer confidence as discoloration and gasoline prices increased demand for new cars narrowness.

GM's sales fell by 9.5 percent, and Ford plunged 13 percent since April 2006, retired decline in large truck sales. Toyota fell 4.3 percent for its first monthly drop in two years. In addition, Honda Motor Co., Ltd. reported a decrease of 9.1 percent. It appears that even title = "Mats Highland"> carpets Highland could not conceal the dumping of automobile sales.

Among the auto giant, DaimlerChrysler only AG, the German automaker, reported a profit. Industrial sales fell by 7.6 percent. For now, the figure is higher in the fall of Daimler year and third in four months. Industry analysts have predicted the fall in April, citing rising gas prices, a weak housing market United States, declining consumer confidence and slow sales in rental fleets.

"Gas prices are clearly a big problem," as is the confidence of consumers in general, said Alan Baum, director of automotive forecasting at Planning Edge in Birmingham, Michigan. "So 're seeing people starting to have back. "

In April this year, there were only 24 selling days, two fewer than last year. Bloomberg and other manufacturers report unadjusted comparisons, which are about eight percentage points lower than the percentages based on adjusted figures.

DaimlerChrysler led by the Chrysler Group's Jeep brand, had a surprise increase of one percent. Asian automakers collectively sold 529,808 vehicles in the United States last month and that amount is a 7.9 percent cut from 2006. In addition, sales of all Asian manufacturers, with the exception of the reduction of Mitsubishi Motors Corp., who reported an increase of eleven percent.

In April, a total of 1.34 million vehicles were sold, pulling the year amount to 2.9 percent lower than same period last year. Industry analysts consider the stagnant sales in a major threat to GM, Ford, and Chrysler's restructuring plans that are designed to cope with the losses in the previous year. Every one is reducing production, reduce costs, cutting jobs and closing plants to recovery. Some automakers have cut sales of low profit margins for car rental companies, buying in bulk at a discount.

"It's definitely shaping up as the weakest month of the year," said Jim Sourges, a Detroit-based analyst at consultancy Cap Gemini SA, Paris. "The question is: will continue? I think it's too early to tell. "

Ford, the second largest automobile manufacturer in Detroit, early set its incentive program for May and June. The tailored program includes a choice of five-year interest-free loans or a $ 3,000 rebate on the F-150 pickup truck. Chrysler, on the other hand, is offering five-year interest-free loans or discounts of up to $ 5,000 in most product lines.

In April, GM sales of light vehicles fell to 307,554, paced by a decrease of fourteen percent in its best-selling vehicle – the Chevrolet Silverado large size. Auto sales for America's largest automaker fell ten percent.

The retail sales of GM, excluding those to fleet customers, fell nearly four percent, without an adjustment of selling days, sales of the automaker analyst, Paul Ballew, told a conference call. The average transaction price increased $ 1,000, and incentives are reduced by about $ 350 to $ 2,500 for cars and trucks, and this would meaning more profit per vehicle, Ballew said. "A strong labor market and other positive economic factors that are helping to offset the housing declines in markets like California and Boston. I hope that GM's sales to retail stable. It is unclear if GM is able to increase their sales quota for the year. "

Lincoln and Land Rover are only Ford divisions posted sales gains in April, up 6.9 percent and 13 percent respectively. All vehicles Ford brand sales was available, except for the Expedition sport utility vehicle and Crown Victoria sedan.

Toyota's two most popular vehicles, Corolla and Camry, combined decreased 8.1 percent of sales, Toyota City, Japan-based, the company said. Car sales Honda fell 14 percent, including a 8.5 percent reduction for the Accord sedan.

Two percent of Chrysler's gain was 193,104 vehicles heavily influenced by the increase of 29 percent of its Jeep brand, including a 75 percent increase in sales of Wrangler SUV.

According to Bloomberg, and the light-car sales truck fell at an annual rate of 16.3 million. The rate in April 2006 was $ 16.7 million.

About the Author:

Jenny McLane is a 36 year old native of Iowa and has a knack for research on cars and anything and everything about it. She works full time as a Market Analyst for one of the leading car parts suppliers in the country today.

Article Source: ArticlesBase.com – Big Three Posts April Sales Declines

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