GM, Ford expect lower U.S. sales in February
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General Motors Corp.  and Ford Motor Co.  on Tuesday said U.S. sales declined in February as they pulled back on discounted sales to daily rental companies.
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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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Wal-Mart Stores Inc. , on Thursday reported a lower-than-expected 0.9 percent rise in February sales at its U.S. stores open at least a year, and provided a tepid forecast for its March same-store sales.
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Struggling US carmakers Ford and General Motors both see another sharp drop in monthly US sales.
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General Motors Corp. and Ford Motor Co. on Wednesday posted weaker US vehicle sales for October due to fewer blow-out incentives as inventories of older model 2004 vehicles declined.
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TOKYO/DETROIT  - General Motors Corp.  on Tuesday posted a steeper-than-expected 24 percent drop in June sales, as U.S. automakers lost share to Japanese brands and overall vehicle sales sputtered in the face of high gas prices and a weak housing market.
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General Motors Corp.  and Ford Motor Co.  are expected to announce further cuts in vehicle production levels this week as they move to trim inventories of unsold cars and trucks following weak sales, analysts said.
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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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Despite more aggressive discounts, Ford Motor Co.  and Chrysler Group on Tuesday reported lower U.S. sales for June, underscoring the drag on the U.S. auto industry from high gas prices, fierce competition and a weak housing market.
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Ford Motor Co.  posted lower May sales on Friday, while rivals Nissan Motor Co. and Chrysler Group eked out small gains amid high gas prices and concerns about U.S. consumer confidence.
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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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U.S. sales for General Motors Corp.   and Ford Motor Co. were stuck in the slow lane in  May, hurt by gas prices and soft demand for large sport utility  vehicles, even as Japanese rivals raced ahead, analysts said on  Tuesday.
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General Motors Corp. GM.N, coming off  two straight months of disappointing sales, told dealers on  Tuesday it will launch new U.S. sales incentives later this  week.
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General Motors Corp.  on Tuesday posted a steeper-than-anticipated 24 percent decline in June sales, as U.S. automakers lost share and overall monthly sales sputtered in the face of high fuel prices and a weak housing market.
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General Motors Corp.  posted an unexpected rise in February sales on Thursday, bucking a slump that pulled monthly U.S. auto sales lower for its struggling Detroit-based rivals, while Japan's Toyota made further market inroads.
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General Motors, Ford and Chrysler Group held just 50.6 percent of auto sales in the U.S. last month, their lowest ever.
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Ford Motor Co  said on Tuesday that U.S. sales fell 14 percent in August, hit by a decline in showroom sales.