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| Version 1 | Version 2 |
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| Ford market share grows in the US | Ford market share grows in the US |
| (about 2 hours later) | |
| Ford, the only one of the "Big Three" US carmakers not to have gone bankrupt, has reported its share of the US market in May was its highest since 2006. | Ford, the only one of the "Big Three" US carmakers not to have gone bankrupt, has reported its share of the US market in May was its highest since 2006. |
| Its sales of 155,954 vehicles in May were down 24% from the same month last year, but up 20% from April. | Its sales of 155,954 vehicles in May were down 24% from the same month last year, but up 20% from April. |
| On the day after filing for bankruptcy, GM announced May sales were down 30% from a year ago but up 11% from April. | On the day after filing for bankruptcy, GM announced May sales were down 30% from a year ago but up 11% from April. |
| Chrysler, which filed for bankruptcy on 30 April, saw its sales in the US fall 47% from May 2008 to 79,010. | |
| Many of Chrysler's sales were a result of heavy discounting because 789 dealers are due to stop selling the company's cars next week. | |
| GM sold 191,875 cars and light trucks during the month, with the worst performance coming from the brands it plans to get rid of: Pontiac, Hummer, Saturn and Saab. | GM sold 191,875 cars and light trucks during the month, with the worst performance coming from the brands it plans to get rid of: Pontiac, Hummer, Saturn and Saab. |
| We're encouraged that consumers are beginning to return to showrooms and that the industry continues to show signs of stabilisation Don Esmond, Toyota | |
| Earlier in the day it said it had reached a tentative agreement to sell Hummer, but did not identify the buyer or the value of the agreement. | Earlier in the day it said it had reached a tentative agreement to sell Hummer, but did not identify the buyer or the value of the agreement. |
| 'Future is now' | 'Future is now' |
| Ford has decided to increase production to take advantage of the problems facing General Motors and Chrysler. | |
| It will make an extra 10,000 vehicles in the April to June quarter and 42,000 more than were planned for the following quarter. | It will make an extra 10,000 vehicles in the April to June quarter and 42,000 more than were planned for the following quarter. |
| "At Ford, the future is now," said Ford's Ken Czubay. | "At Ford, the future is now," said Ford's Ken Czubay. |
| "New products account for 50% of our sales, and demand for these products is driving our market share gains," he added. | "New products account for 50% of our sales, and demand for these products is driving our market share gains," he added. |
| Toyota's US sales fell 40% from last year to 152,583, but that was up 21% from April. | |
| "We're encouraged that consumers are beginning to return to showrooms and that the industry continues to show signs of stabilisation," said Toyota's Don Esmond. |