Sales Are Off at Ford and Chrysler, but G.M. Reports a Modest Gain
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Sales at Ford fell for the seventh consecutive month while General Motors gained market share but announced that it would cut production 12 percent in the fourth quarter.
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No. 5 automaker hurt by slow Mercedes sales, but Chrysler remains steady.
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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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General Motors' clever ad campaign comes up short.
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The auto parts retailer turns to profitability but sees key sales effort fall below last year.
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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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General Motors Corp.  swung to a profit with its delayed fourth-quarter results on Wednesday but fell short of Wall Street expectations as losses from its former finance unit partly offset gains from improved auto operations and cost cutting.
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Ford said it was hurt by a decline in showroom sales. G.M., meanwhile, said its domestic sales rose more than 5 percent and Nissan posted a 6.3 percent increase in U.S. sales.
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General Motors Corp.  swung to a profit in the fourth quarter but fell short of Wall Street expectations on mounting mortgage losses from its former finance unit.
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Despite a strong profit outlook from Ford Motor Co., shares of automotive stocks moved mostly lower Friday on concerns sales for the industry might not be as strong as previously expected.
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General Motors Corp. and Ford Motor Co. said on Tuesday their U.S. sales declined in February as they pulled back on discounted sales to daily rental companies.
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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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The Chrysler Group of DaimlerChrysler AG was the only domestic car company that gained ground during November, marking its eighth straight month of U.S. vehicle sales increases. General Motors Corp. and Ford Motor Co. both declined, while two of their biggest Japanese rivals made solid gains.
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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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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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DETROIT - Another disappointing sales month at General Motors Corp. and Ford Motor Co...
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DETROIT -- Ford Motor Co.'s sales dropped 14.4 percent in August as the struggling automaker ran into a declining market that analysts blame on rising mortgage payments and turmoil in the financial markets.