Rental Car Retreat Cuts Sales at Ford and G.M.
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Sales by Detroitâs two largest automakers fell as they focused on more profitable transactions at dealerships.
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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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DETROIT - Another disappointing sales month at General Motors Corp. and Ford Motor Co...
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General Motors Corp  said on Thursday its U.S vehicle sales fell 5.2 percent in December as consumer demand softened amid a weak housing market and higher gas prices.
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Business News, DETROIT, General Motors Corp. and Ford Motor Co. said on Wednesday they would cut production more than expected after weak US sales in November, a move that analysts said could hurt profits.
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FORD, the American car giant, confirmed yesterday that it is to stop producing Jaguar cars at its Brownâs Lane plant in Coventry, with the loss of 1,150 jobs.
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General Motors Corp.  and Ford Motor Co.  posted weaker U.S. sales for August on Wednesday and both cut planned fourth-quarter production as their aging vehicle lineups lost ground to rival Chrysler and some foreign brands.
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Struggling US carmakers Ford and General Motors both see another sharp drop in monthly US sales.
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The nation&#39;s two largest automakers said Wednesday they will reduce production in the first quarter of 2005 after reporting weak November sales.
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Ford Motor Co.  on Tuesday  reported an overall 14 percent sales decline in August, hurt by  a decline in showroom sales, but set a higher production target  for the fourth quarter.
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General Motors Corp. and Ford Motor Co.  posted weaker U.S. sales for August on Wednesday and both cut  planned fourth-quarter production as their aging vehicle  lineups lost ground to rival Chrysler and some foreign brands.
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Automakers are trying to increase sales to individuals as they reduce low-profit business with fleet customers like rental car companies.
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Higher gas prices cut into demand for  sport utility vehicles and trucks in May, depressing U.S.  market share for the Big Three Detroit-based automakers and  prompting production cuts at General Motors Corp. and Ford  Motor Co.
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Ford Motor Co. F.N on Wednesday  reported its sixth straight month of weaker vehicle sales,  prompting the second-largest U.S. automaker to further cut  production of cars and trucks, while Chrysler posted another  sales gain.
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Lower sales may aid GM and Ford's return to profitability.
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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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DETROIT, Michigan : General Motors Corp. dealers are scaling back their orders for new 2005 model year cars and trucks amid slow sales of older models, the Wall Street Journal revealed.