Ford Down, Nissan Up in September Sales
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Ford Motor Co. (FN) posted its fourth consecutive month of weaker US sales with a 7 percent drop in September results on Friday, and the automaker doubled its incentives on some models to kick-start sales this month.
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DETROIT -- General Motors Corp. said Thursday its January U.S. auto sales dropped 16.6 percent and Ford Motor Co. saw its sales drop 19 percent, with both citing lower sales to rental-car companies.
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Ford Motor Co. reported Wednesday that the company had a 5 percent decline in sales during October, including declines in sales of each of the three lines of sport-utility vehicles that are made in Louisville.
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Bigger discounts helped General Motors increase sales in August while Toyota, Ford Motor and Chrysler posted declines amid troubles in the credit and housing markets.
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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.
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Ford Motor Co.  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. department stores and clothing retailers posted surprisingly strong September sales on Thursday as falling gasoline prices and cool weather spurred spending on fall fashions such as skinny jeans and long tops.
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Ford Motor Co., the second-largest US automaker, said US sales of cars and trucks fell 4.2 percent in September from a year earlier as rising gas prices and slumping consumer confidence discouraged buyers.
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Mercedes-Benz USA, a unit of DaimlerChrysler AG, posted a slight increase in September sales Friday, in a month with one more selling day that the year before.
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Auto sales declined 2.2 percent in October after a 4.3 percent increase in September. Excluding autos, retail sales rose 0.9 percent, the strongest sales since May.
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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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US auto sales rose 10 percent in September, led by a 25 percent gain at General Motors Corp. and increases for DaimlerChrysler AG and Toyota Motor Corp.
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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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Toyota, Honda and Nissan rode a slew of new products to double-digit gains in October, while General Motors and Ford, the nation&#39;s two largest automakers, said demand for new vehicles
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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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Ford Motor Co. posted its fourth consecutive month of weaker U.S. sales with a 7 percent drop in September results on Friday, and the automaker doubled its incentives on some models to kick-start sales this month.
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Inventories at U.S. wholesalers rose  a slightly-less-than-expected 0.5 percent in September as  stocks of automotive goods declined, a government report showed  on Tuesday.