Ford to miss U.S. retail sales goals in Feburay and March
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Ford Motor Co.  expects to miss  its U.S. retail sales goals for February and March because of a  deepening slump in the market for pickup trucks and SUVs, a  person who had seen the forecast said on Friday.
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General Motors Corp. and Ford Motor Co. reported disappointing U.S. sales Wednesday, prompting the nation's two largest automakers to cut planned vehicle production in the fourth quarter, which could hurt profits.
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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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General Motors Corp.  and Ford Motor Co.  on Tuesday capped 2004 with another month of weaker sales, but a stronger performance by top foreign automakers pushed results to their highest levels since the record month of October 2001.
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DETROIT -- Ford Motor Co. reported Friday that its U.S. auto sales dropped 9.7 percent compared with the same period a year ago as both truck and car sales lost ground. DaimlerChrysler AG said sales rose 4.7 percent.
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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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The nation's retailers, once hopeful for a strong spring selling season, are being forced to ratchet down their expectations after sales stalled amid the chill of February.
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Ford Motor Co. said Wednesday that US sales fell 4.3 percent in November as car sales continued to decline and truck sales edged lower despite the continued popularity of its F-Series truck.
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General Motors Corp. and Ford Motor Co. reported disappointing US sales Wednesday, prompting the nation&#39;s two largest automakers to cut planned vehicle production in the fourth quarter, which could hurt profits.
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Ford Motor Co.  is on  track to meet its goal of making its North American auto  business profitable by 2008 and remains committed to that  target, a senior executive said on Wednesday.
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Ford Motor Co.  on Tuesday said  U.S. sales fell 8.1 percent in June, as a big decline in car  sales more than offset a slight rise in truck sales.
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A Ford Motor Co. official predicts that his company's overall U.S. sales will drop in May, but its retail sales to individual buyers will show a year-over-year monthly increase for the first time since October of 2006.
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Ford Motor Co. F.N on Wednesday said  it was setting first-quarter North American production below  the 2004 quarter's levels as U.S. sales fell again in November.
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U.S. retailers like Wal-Mart Stores Inc.  and Federated Department Stores  reported weak February sales on Thursday, saying the month's cold temperatures and stormy weather hampered results.
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General Motors and the Ford Motor Company continued to lose ground to import brands last month, despite heavy levels of incentive spending, according to sales results released Wednesday.
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Ford Motor Co. saw its sales continue to decline in November, despite the introduction of new vehicles. The automaker said it would reduce production for the first quarter.
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Ford Motor Co.  on Tuesday reported an overall 14 percent sales decline in August, hurt by a decline in showroom sales, but set a higher production target for the fourth quarter.