After receiving billions of taxpayer dollars to stay afloat and wrenching vehicle recalls, the major players in the US auto market Monday reported surging sales for April.

The so-called Detroit Three automakers — Ford, General Motors and Chrysler — all reported positive year-on-year sales figures, building an a gradual upward turn for the industry after a difficult 12 months.

Toyota USA, which has suffered through a massive global recall affecting some 10 million vehicles worldwide, also reported improved sales across its divisions.

The figures were another hopeful sign for US automakers struggling to find their feet after months of turmoil that saw both GM and Chrysler undergo government-financed bankruptcies.

Read More

Print

You may also enjoy reading Related Posts to this article