U.S. auto sales end '07 on weak note
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Major automakers reported lower U.S. sales for December led by a 9 percent slide at Ford Motor Co as the industry closed out its weakest year in over a decade and faced the prospect of deeper declines in 2008.
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Ford Motor Co.'s  retail sales  of cars and light trucks fell 7 percent in November from a year  earlier, the automaker's sales manager said on Friday.
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U.S. auto sales steadied in May to show surprising strength in the face of high gas prices and a weak housing market, led by gains for industry leaders General Motors Corp.  and Toyota Motor Corp. .
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U.S. car and truck sales likely slowed  in October from incentive-driven, surprisingly strong levels in  September, and Detroit automakers look set to take most of the  fall.
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The nation&#39;s two largest automakers on Wednesday reported weak November sales, but both expressed confidence that new products would help them pick up momentum.
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The second-largest U.S. automaker said it sold 218,332 vehicles in August, down from 255,112 vehicles a year earlier.
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The 2007 holiday shopping season is turning out to be the weakest in years after retailers across-the-board reported deep declines in their December sales Thursday.
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Ford Motor Co.  posted its fourth consecutive month of weaker U.S. sales with a 7 percent drop in September results on Friday, and the automaker doubled its incentives on some models to kick-start sales this month.
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Ford Motor Co. (FN: Quote, Profile, Research) posted its fourth consecutive month of weaker US sales with a 7 percent drop in September results on Friday, and the automaker
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(Detroit-AP) Dec. 2, 2004 - The nation&#39;s two largest automakers are reporting weak November sales and announcing plans to reduce production.
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Ford Motor Co. on Tuesday capped 2004 with its seventh straight month of weaker sales, despite a crop of new vehicles and hefty incentives, while Japan's Nissan Motor Co Ltd. posted another sales gain.
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Ford Motor posted weaker U.S. vehicle sales for August today and cut its fourth-quarter production. Chrysler posted a fifth straight month of stronger results.
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German car maker Volkswagen  said on Tuesday its sales in the United States fell 7.2 percent year-on-year in September to 20,082 vehicles.
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Ford Motor Co.  dropped from second to fourth in the U.S. auto market in November as its sales slid by 10 percent, while Toyota Motor Corp.'s  sales surged 16 percent to put it in the No. 2 spot.
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U.S. auto sales have been slipping as  domestic automakers have struggled to boost sales amid high gas  prices this year -- a trend that will continue into next year,  industry executives and analysts said.
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Ford Motor Co.  posted its seventh  consecutive decline in U.S. monthly sales on Friday,  underscoring pressure on the automaker as it readies an  accelerated turnaround plan driven by a collapse in the market  for trucks and sport utility vehicles.
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Automakers faced an uphill climb in the US market in January, as weak economic conditions and consumer caution put a dent into sales, company reports showed Friday.