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Judgement Day: GM, Ford Sales Fall in September

This image was lost some time after publication.
This image was lost some time after publication.

Wheeeeeeeeeeeeeeeee! We hope the thrillseekers at GM and Ford have their safety harnesses on girdle-tight, because they're pulling like 6gs from the freefall that was their September sales. Following on those big, inventory-busting employee discount programs, the companies experienced a year-to-year sales decrease of 24% (GM) and 20% (Ford), while Toyota, Honda and Nissan scored double-digit gains and Chrysler managed a 4% increase. The bulk of the decline has been blamed on a range of issues from "cyclical" downturns to hurricane Katrina to something called "unfavorable year-ago comparisons." Still, one GM analyst, using the "whew, the nuke was only a 10 megaton, not a 20 megaton" spin technique, called the figures bad, but not as bad as expected. Nice.

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SUV sales tank in Sept. [The Detroit News]

Related:
Sales of Top 20 Best Selling Vehicles in US Rise Year to Year [internal]

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