Chrysler's U.S. Sales Dive 55% in January

Summary


DETROIT (AP) - Chrysler's U.S. vehicle sales plunged 55 percent in January, while General Motors' tumbled 49 percent and Ford's dropped 40 percent, starting 2009 at an abysmal pace for the whole auto industry as lower sales to fleet buyers like rental car companies weighed down the results.

Toyota's sales dove 32 percent for the month, Nissan's dropped 30 percent and Honda's fell 28 percent, putting the overall industry on track for its fourth straight month in which U.S. sales plunged 30 percent or more.

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Chrysler's U.S. Sales Dive 55% in January

But Subaru bucked the trend of declines for a second month in a row, p...

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