>General Motors Holds off Toyota as June Sales Fall
GM retains lead over Toyota, but both automakers and Ford post big US June sales drops
By TOM KRISHER and DEE-ANN DURBIN AP Auto Writers
DETROIT July 1, 2008 (AP)
The Associated Press
Unsold 2008 F-150 pickup trucks sit in a long row at a Ford dealership in the south Denver suburb of Littleton, Colo. Ford announced on Tuesday that its sales had dropped nearly 28 percent in June.
(David Zalubowski/AP Photo)
General Motors Corp. soundly beat Toyota Motor Corp. in June to retain its traditional U.S. sales lead, but GM sales still dropped 18.2 percent during a dismal month for large automakers.
Toyota’s U.S. sales fell 21.4 percent, while Ford Motor Co. said it sales tumbled nearly 28 percent. Chrysler LLC took a huge hit for the month with sales down 35.9 percent.