Auto Sales Off Again: GM 49%, Ford 40%, Toyota 32%

Double-digit US losses expected to continue
By Newser Editors and Wire Services
Posted Feb 3, 2009 12:48 PM CST
A nameplate is seen on a used gasoline-electric hybrid Toyota Prius at Wondries Toyota in Alhambra, Calif.   (AP Photo)
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(Newser) – Three automakers said today their US light-vehicle sales plummeted again in January: General Motors fell 49%, Ford 40% and Toyota 32%. It’s an abysmal start to 2009 for the industry as sales to fleet buyers like rental car companies weighed down the results. Chrysler and other automakers also are expected to report lower sales when they release their figures later today.