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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.


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GM seems to be losing less sales than Ford every month. Is this because they are further ahead in their restructuring? But Im guessing that this is part of Fords sales loss for April.

"Ford for all of this year plans to trim about 90,000 such sales, a reduction of 20 percent from 2006."
 
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