The seasonally adjusted annual sales rate was 11.5 million, which is the second strongest of the year behind the 11.7 million recorded in March. Ford's retail sales increased by 32% en route to a 25% overall gain, its fifth straight month of 20% or higher. No-interest loans and discount leases result to Toyota's sales rising sharply for the second straight month.
Chrysler's 25% increase is its first double-digit jump in nearly five years. Nissan Motor had a 35% increase, and the Hyundai Group went up by 24%. TrueCar.com analyst Jesse Toprak said that he is helping put together the fundamentals for a full-blown recovery.
He added that April is another month that shows a gradual return in consumer demand that had dropped tremendously. Toprak said that the recovery has been slow but that it's on the right track.
The results raised year-to-date sales 17% above those of early 2009, when automakers wer faced with the weakest demand in nearly 30 years.
General Motors Co.'s four surviving brands (Chevrolet, GMC, Buick and Cadillac) posted a combined increase of 20%. Meanwhile, overall sales for the automaker rose by 7%.
Among smaller automakers, Subaru recorded a 48% gain in April and Volkswagen of America's sales rose by 39%. On the losing end, American Suzuki's April sales dropped by 23% and Porsche lost 6%