Toyota, GM, Ford, Chrysler all report Feb. declines
 
Nissan, Honda, Mazda, VW, and Mercedes post gains
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Richard Truett
and Mark Rechtin
Automotive News | March 3, 2008 - 1:30 pm EST
 
 
 
DETROIT — With Americans preoccupied with the festering economy, U.S. new-car sales suffered in February.
General Motors said sales for the month declined 12.9 percent to 268,737 vehicles. [...]

GM Announces Senior Leadership Appointments
Rick Wagoner, GM chairman and chief executive officer, announced that the GM board of directors approved the following appointments, effective immediately, at its meeting today:

Fritz Henderson, vice chairman and chief financial officer, is elected president and chief operating officer.
Ray Young, currently group vice president – finance, is elected executive vice president [...]

5th GM plant idled by American Axle strike

A fifth General Motors Corp. plant is slated to shut down tonight as a result of the strike at American Axle & Manufacturing Inc.
 
GM’s assembly plant in Moraine, Ohio, is slated to run out of parts late in tonight’s second shift, a spokesman said in a recorded message [...]