Ford and G.M. Expect January Sales Drops
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The automakers pulled back from deliveries to rental-car agencies to focus on more profitable transactions at dealerships.
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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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Ford Motor Co. said it would see  an increase in U.S. retail sales in May for the first time in  six months, but overall sales were expected to decline as the  automaker continued to cut low-margin sales to daily rental  companies.
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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. (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 automaker
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General Motors Corp. (GM.N: Quote, Profile, Research) and Ford Motor Co. (FN: Quote, Profile, Research) launched new US sales incentives on Friday as both automakers struggle with falling
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GM and Ford sales fell in October as the two largest automakers cut incentives. Sales rose at Chrysler and Toyota, helped by new models.
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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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General Motors and the Ford Motor Company continued to lose ground to import brands last month, despite heavy levels of incentive spending, according to sales results released Wednesday.
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Ford Motor Co.  posted lower May  sales on Friday, while rivals Nissan Motor Co. and Chrysler  Group eked out small gains amid high gas prices and concerns  about U.S. consumer confidence.
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General Motors Corp. and Ford Motor Co. said yesterday 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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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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US retail sales fall in January, dragged lower by a heavy fall in car sales, the Commerce Department reports.
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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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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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The General Motors Corporation said Thursday that high fuel prices and declining consumer confidence would be a drag on sales this year in the United States.
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Retail sales fell 0.3 percent in January  --  the weakest showing in five months  --  as a big drop in demand for cars offset strength at clothing and department stores. Spending was powered mostly by consumers anxious to use holiday gift cards.