Wednesday, June 02, 2010

US auto makers continue recovery

GM and Ford see strong sales gains; Toyota lags - MarketWatch
SAN FRANCISCO (MarketWatch) -- General Motors Co., Ford Motor Co. and Chrysler all posted double-digit gains in monthly U.S. sales Wednesday, while Toyota Motor Corp. lagged the group as incentives lost some of their punch.

GM reported a 16.6% rebound from its bankruptcy-deflated results of May 2009, and Ford Motor Co. /quotes/comstock/13*!f/quotes/nls/f (F 11.87, +0.02, +0.17%) followed up with its sixth straight month of gains in excess of 20%, thanks to the success of its new model lineup.