Auto Repair Industry News And Repair Quotes 
Toyota Sales up 24% in April 2010(0)
2010 Toyota Camry
Toyota Motor Company reported sales increased by 24% in April 2010 compared to one year ago. However, sales were down by 16% compared to March 2010 and were much lower than forecasts as high as a 39% increase.
Overall US sales were up about 20% compared to 2009, but again were down 8% compared to March.
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Chrysler sales up 25% in April 2010
Chrysler Sales up 25% in April 2010
Chrysler reported sales that were 25% higher than the same month a year ago. Sales at Jeep were flat from a year ago, car model sales doubled, whiles sales of light trucks and minvans fell by 22%.
Chrysler was the only major auto maker whose sales exceeded forecasts, which were predicted at 11% to 19% year over year growth.
Ford Reports surprise $2.1 Billion Profit in Q1 2010
2010 Ford Fusion
Ford Motor Company announced a better than expected profit from the first quarter of 2010 with a $2.1 billion profit. Ford reported that revenue had increased by 15% in the quarter with $28.1 billion in revenue. The first quarter results were a size able improvement from the first quarter of 2009 when the company experienced a loss of $1.4 billion.
Ford reported that strong sales of the Fusion, F-150, Taurus and Focus were partially responsible for the improved results. Ford's market share improved by 2.7 percentage points in the first quarter to 16.6% of all US auto sales.
Toyota Recalls 2010 Lexus GX 460
2010 Lexus GX460
In contrast to the previous recalls this year, Toyota wasted little time recalling the Lexus GX 460 SUV for roll-over related risks. Approximately 10,000 affected vehicles have been sold in the USA. Earlier this month, Toyota suspended sales of the SUV partly in response to a story by Consumer Reports, where personnel from the magazine uncovered a potential problem related to stability and potential roll over risk.
Toyota said Lexus dealers will update the software in the Vehicle Stability Control system and the work is expected to take about 1 hour per vehicle.
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