The Traderszone Network

Published in TZ Latest News 1 May, 2015 by The TZ Newswire Staff

U.S. auto sales disappoint in April as Asian automakers miss mark

U.S. auto industry sales in April came in below expectations as Asia’s major carmakers’ results disappointed, offsetting strong gains for trucks and SUVs made by General Motors (GM.N) and Ford (F.N). Sales reported on Friday by Japan’s Nissan , Toyota and Honda , as well as the combined results for South Korea’s Hyundai and its Kia affiliate, all missed expectations. Industry sales in April finished at 1,454,951 vehicles, up 4.6 percent according to research firm Autodata.