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GM, Ford, Toyota February sales fall; weather blamed

By The Associated Press

This article was published March 3, 2014 at 11:05 a.m.

DETROIT — General Motors, Ford and Toyota reported U.S. sales declines last month as frigid temperatures and snowstorms pounded much of the nation.

The country’s top three automakers said the month started slowly but sales began to recover in the second half, a sign that fears of a broader auto sales slowdown may be unfounded. Chrysler and Nissan did report double-digit gains, but had to discount some key models to get there. Volkswagen, which has been struggling in the U.S., reported a 14 percent drop.

Industry analysts expect overall sales to rise about 1 percent for the month, a slow pace compared with the 8 percent increase for all of last year. Most blamed the weather, but some are wondering if the momentum of the past four years is waning.

Read tomorrow's Arkansas Democrat-Gazette for full details.


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