Economics
GM, Toyota Sales Gains Help U.S. Auto Market Top Estimates
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General Motors Co., Toyota Motor Corp. and Ford Motor Co. sales in February exceeded analysts’ estimates as rising consumer confidence boosted industrywide deliveries to the fastest pace in 18 months.
GM said deliveries in the month increased 46 percent to 207,028 vehicles. Toyota sales rose 42 percent to 141,846, while deliveries at Ford climbed 10 percent to 156,626 and Chrysler Group LLC gained 13 percent to 95,102.