Toyota, Ford, Honda Sales Tumble on Credit; GM Beats Estimates

Ford Motor Co., Toyota Motor Corp. and Honda Motor Co.'s U.S. sales tumbled in September after tighter credit scared off buyers. General Motors Corp.'s fell less than analysts expected, as it offered ``employee pricing'' discounts.

Sales of cars and light trucks declined 35 percent from a year earlier at Ford, 32 percent at Toyota and 24 percent at Honda, the companies said today. GM's were down 16 percent, and Nissan Motor Co. reported a 37 percent drop.

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