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Sales: April was the cruelest month; How bad was it? Well, even Toyota reported a decline.

Publication: Automotive News
Publication Date: 07-MAY-07 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Sales: April was the cruelest month; How bad was it? Well, even Toyota reported a decline.(Sales)

Article Excerpt
Byline: John K. Teahen Jr.

April means spring, and spring means a continuation of the spring upturn in new-car and light-truck sales after the miseries of winter.

Except in 2007. Last month, the depressed housing market and rising gasoline prices appeared to catch up with the auto industry. U.S. sales came in at 1,338,836 in April, down 7.6 percent from last year's 1,448,775.

It was an especially brutal month for car sales. They totaled 645,656. That was the lowest monthly total in more than 40 years, according to Automotive News data.

How bad was April, really? Even Toyota Motor Sales U.S.A. reported a decline - off 4.3 percent from April 2006.

It was the first time since May 2005 that the Toyota group's year-to-year sales have dipped. Almost all the dip came from Scion, which fell 48.5 percent. Scion is suffering the changeover blues.

For four months, the industrywide total was 5,227,790, which was 2.9...

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