Fordâs August Sales Off 14% in U.S.; G.M. Up 5%
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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. 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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DETROIT -- Toyota reported a 17 percent rise in its US sales in August, while GM sales increased 3.9 percent from a year ago as the companies said buyers looked to more fuel-efficient offerings. But Ford's sales dropped 11.6 percent and sales by Honda and DaimlerChrysler each fell 3.2 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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Automakers including General Motors Corp. said US sales fell in August as gasoline prices near records hurt demand. General Motors and Ford Motor Co.
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Cruising along the ever-stretching road of decline. Auto giant Ford Motor (nyse: F - news - people ) reported vehicle sales in October that fell 5% from a year ago.
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Another disappointing sales month at General Motors Corp. and Ford Motor Co. led 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's US sales fall 10%, adding to the pressure on the carmaker but rival General Motors enjoys a rise in sales.
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Luxury automakers BMW, Audi and Mercedes reported healthy sales increases for August on Friday, with demand from Asia and the U.S. driving gains amid mixed results in their home markets.
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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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Chrysler Group and Ford Motor Co.   on Tuesday reported steep declines in July vehicle sales, a  drop expected to cost both U.S. automakers share in a weaker  market overshadowed by concerns about fuel efficiency and high  gasoline prices.
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Ford Motor Co. F.N on Friday said   U.S. vehicle sales fell 11.6 percent in August, hurt by a   decline in truck sales and stronger numbers last year, when   deep discounts lured buyers into showrooms.
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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  on Tuesday  said U.S. sales rose more than 5 percent in August, boosted by  strong demand for its pickup trucks and sport utility vehicles.
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General Motors reports a 4% rise in US car sales in August, its first rise in seven months, thanks to heavy discounts attracting customers.
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Ford Motor Co. said Friday its US sales fell in September despite aggressive month-end incentives. Ford (F: up $0.05 to $14.10, Research, Estimates), the nation&#39;s second-largest automaker
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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.