GM, Ford May Say Sales Fell Amid Industry Slowdown (Update1)
By Greg Bensinger
April 30 (Bloomberg) -- General Motors Corp. and Ford Motor Co. probably will say U.S. sales fell in April as rising gasoline prices reduced consumer demand for new cars.
Sales declined 3 percent from a year earlier for GM, 9.7 percent for Ford and 2.2 percent for DaimlerChrysler AG's Chrysler, according to the average adjusted estimates of six analysts in a Bloomberg survey. Toyota Motor Corp. may report little change in sales, said Ronald Tadross, a Banc of America Securities auto analyst.