AUTOS -- March 2, 2010 at 2:57 PM ET
Ford Outsells GM for the First Time Since 1998
Ford Motor Company announced Tuesday a 43 percent increase in U.S. sales of light-vehicles for February versus a year ago, edging out rival GM, which posted a 12 percent gain for the month. It is the first time Ford has outsold GM since August 1998.
Ford didn't best GM by much though: The difference was a whopping 334 cars.
Last year, GM sold an average of 33,000 more vehicles per month than Ford, according to the New York Times. While GM was up 12 percent overall for this February over a year ago, the four brands that have survived the company's restructuring -- Buick, Cadillac, Chevrolet, and GMC -- are up 32 percent.
Toyota, struggling with the recalls of 8.5 million vehicles worldwide, posted a U.S. sales decline of 8.7 percent over February 2009.