Ford Leads U.S. Carmakers April Gains as Toyota Misses Estimates
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Ford Motor Co., General Motors Co. and Chrysler Group LLC reported U.S. sales increases for April, building on their first sweep of market share gains in the first quarter of any year in two decades.
Ford sales of cars and light trucks rose 18 percent and GM and Chrysler deliveries both increased 11 percent, according to company statements. The average estimates of 11 analysts in a survey by Bloomberg were for gains of 17 percent by Ford and 10 percent each by GM and Fiat SpA-controlled Chrysler.