Sun, Apr 03, 2005 - Page 11 News List

High gas prices produce contradictory US car sales data

MIXED MESSAGES Escalating oil prices have beeen good for economical cars but gas-guzzling trucks were still popular last month in a generally poor market

AP , DETROIT

Toyota, Nissan and Hyundai all reported record sales in March. Toyota sales were up 12.3 percent for the month and 10.6 percent for the year, largely due to increased car sales. Toyota's new Avalon sedan went on sale in February.

Nissan sales were up 12.5 percent in March. South Korean automaker Hyundai Motor Co. said sales were up 7 percent, adding that its small Tucson SUV had its best month ever.

Honda Motor Co. reported a 6.8 percent increase in March, turning around a lackluster winter with a 19.4 percent increase in truck sales. Honda's sales for the year are flat.

Paul Taylor, chief economist for the National Automobile Dealers Association, said sales should continue to improve in April as frigid temperatures subside in the East and Midwest and make car shopping more appealing.

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