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In a month that's supposed to be one of the worst of the year, both General Motors and Ford appear to have scored big sales gains.
GM says its sales rose 32% in February compared to the same dreary month a year ago. Ford's sales were up a whopping 43% in the same period. Ford boasted that it saw "higher sales for every brand and in every product category."
Best of all for both, retail sales were up. Those are car and truck sales to people like you and me, not big government, corporate or rental car fleet buyers. Retail sales are the most profitable -- and the strongest evidence to automakers that they are making cars the people are actually will to buy with their hard-earned cash. Ford said those retail sales were up 28%. GM said it was 7%.
Ford doubled Fusion midsize sedan sales and nearly doubled sales for the larger, redesigned Taurus. GM more than doubled sales of the Chevrolet Equinox, Buick LaCrosse, tripled GMC Terrain sales compared to the Pontiac model it replaced and Cadillac SRX nearly quintupled.
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