Ford Says Its U.S. Sales Fell 14% in August
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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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SAN FRANCISCO (CBS.MW) - Ford Motor on Wednesday was the first of the major automakers to turn in October US sales results, reporting that unit sales slipped 5 percent.
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Chrysler LLC said on Tuesday its U.S.  sales fell 6 percent in August as the automaker cut back on  sales to daily rental companies.
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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 (7203.T)  sales surged 16 percent to put it in the No. 2 spot.
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Major automakers posted mixed U.S.  sales for August on Tuesday, as executives cautioned the  embattled industry was facing reverberations from a weaker  housing market and the shakeout in subprime lending.
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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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Sales of new single-family U.S. homes fell 8.3 percent in August to a 795,000 annual sales pace, its slowest rate in over seven years, while the inventory of homes dropped, a Commerce Department report showed on Thursday.
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General Motors Corp. and Ford Motor Co. have reported disappointing US sales, prompting the two largest US automakers to cut planned vehicle production in the fourth quarter, which could hurt profits.
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Sales of GM and Ford cars in the US dropped during August as the industry was hit by a number of factors.
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Ford Motor Co. F.N 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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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
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DETROIT -- General Motors Corp. and Ford Motor Co. reported disappointing US sales yesterday, prompting the nation's two largest automakers to cut planned vehicle production in the fourth quarter, which could hurt profits.
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Struggling carmaker Ford reports yet another sharp drop in US sales as it continues to fail to win over buyers.
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U.S. retail sales posted a  larger-than-expected decline in August, a Commerce Department  report on Tuesday showed, but the drop was mostly confined to  the automotive sector.
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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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Ford Motor Co. said Wednesday new vehicle sales in October fell 5 percent from October 2003, the eighth time this year monthly sales have been below year-ago results.
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Ford Motor Co.  on Thursday said  U.S. January vehicle sales fell 19 percent from a year earlier  because of reduced sales to daily-rental companies.