General Motors Corp. and Ford Motor Co. on Tuesday reported lower April U.S. vehicle sales as high gasoline prices, and ebbing demand for their once profitable SUVs, caused them to lose traction again to foreign competitors.
By contrast, Toyota Motor Corp., the richest automaker on the planet, said its April U.S. sales rose 21% from last year for its best month ever. And Nissan Motor Co. Ltd. said its sales jumped 27, Reuters reported.
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