OTHER NEWS - May 4, 1995

Ford, Toyota Report Sales Gains for April: The gains defied the industry pattern for April, a month for which the companies’ competitors reported slower sales compared to a year ago. Ford Motor Co.’s car and light-truck deliveries were up 3.6% from April, 1994. Toyota Motor Corp., the largest foreign-based company in the United States, said its sales per day for the month were 2.1% higher compared to a year ago. However, most auto makers changed their sales reporting procedures this year, issuing their counts on the first business day after the month’s end instead of the third. Ford and Toyota waited until Wednesday, the third business day after the month’s end, which means their totals were more likely to include complete numbers from last weekend.