SOURCE: Industrial Info Resources

Industrial Info Resources

March 04, 2010 05:15 ET

Ford, Nissan Make Major Sales Gains in February as Toyota Stumbles, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 4, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Given Toyota Motor Corporation's (NYSE:TM) (Toyota City, Japan) recent woes, a shift in overall automobile sales was expected. Amid weeks of Toyota-bashing, not only in the U.S. but worldwide, competitors have pulled out all the stops, attempting to wrestle market share away from the world's No. 1 automaker. The fruits of that labor were made clear when February sales numbers were released recently. Ford Motor Company (NYSE:F) (Dearborn, Michigan), as expected, and more surprisingly Nissan North America Incorporated (Smyrna, Tennessee) made significant sales gains, while Toyota was the only major automaker to show a loss for the month.

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