Ford and General Motors have released sales figures for the month of September. The result for Ford was less than ideal as the automaker saw a sales decline of 21% over the same month last year. The 21% overall slip was due to a 15% decline in retail sales and a 62% drop in rental sales.
GM’s results were far better as the automaker saw a 4% increase in sales despite earlier sales forecasts predicting a slight decrease. Surprisingly, sales were spurred by light truck sales — a segment largely hurt by increasing gas prices. Chevrolet , GMC , Cadillac , Saturn and Buick all increased sales — Buick by 6% thanks to sales of the Enclave crossover. Cadillac also posted its best sales month of 2007 thanks to strong sales of the all-new CTS.
Overall, GM retail sales were up 7% with fleet sales taking a 6% planned dip.
