GM, Ford expect lower U.S. sales in February
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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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General Motors Corp. (GM.N: Quote, Profile, Research) and Ford Motor Co. (FN: Quote, Profile, Research) on said on Wednesday they will cut production more than expected
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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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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
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U.S. auto sales will likely fall again in 2008 due to economic stress on consumers, raising pressure on struggling Detroit automakers to cut prices or use sales incentives, economists and officials said on Tuesday.
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General Motors Corp.  on Monday  said its U.S. sales fell 25.9 percent in June, a sharp decline  from last year&#039;s incentive-boosted numbers and in line with the  automaker&#039;s cautionary forecast.
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General Motors said its U.S. sales rose 3.9 percent in February, beating the performance of Detroit rivals Ford Motor and Chrysler. But the auto giant's financial outlook remained clouded by accounting problems.
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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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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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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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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 US carmakers Ford and General Motors both see another sharp drop in monthly US sales.
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Ford Motor Co.  expects to miss its U.S. retail sales goals for February and March because of a deepening slump in the market for pickup trucks and SUVs, a person who had seen the forecast said on Friday.
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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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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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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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Major automakers reported lower U.S.  sales for December led by a 9 percent slide at Ford Motor Co as  the industry closed out its weakest year in over a decade and  faced the prospect of deeper declines in 2008.