Page last updated at 20:34 GMT, Tuesday, 1 July 2008 21:34 UK

GM US sales beat Toyota in June

Workers at a General Motors assembly plant

General Motors suffered a big fall in US sales in June, but its figures were still better-than-expected and as an added bonus it beat Toyota.

GM delivered 265,937 vehicles, which was 18.5% down on June 2007 although there were three fewer sales days.

Toyota sales fell 21.4% in the month while Ford sales fell 27.9%.

General Motors shares, which had fallen to a 54-year low on Monday, recovered from early falls to close up 2.2% in New York.

Toyota had been expected to fare better during the month because its smaller, more fuel-efficient cars were better-suited to high fuel prices.

But in the event, Toyota suffered even worse than its US rivals, with its truck sales in particular falling by 38.9%.


SEE ALSO
GM shares skid to 54-year nadir
01 Jul 08 |  Business
Chrysler cuts minivan production
30 Jun 08 |  Business
Ford 'to make fewer big vehicles'
20 Jun 08 |  Business
GM axes four SUV and truck plants
03 Jun 08 |  Business
Detroit's desperate struggle
13 Jan 08 |  Business

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