by Calculated Risk on 5/01/2008 04:33:00 PM

From the WSJ: Detroit Auto Makers Post Sharply Lower April Sales

GM, hobbled by a strike at a major axle supplier, posted a 16% sales drop while Ford sales slid 12%. Chrysler reported a 23% decline. Japan's Toyota Motor Corp. ... managed to snap a fourth-month streak of weaker sales and post a 3.4% rise.

Another ugly month ...