GM and Ford report soft sales for January
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The nation's two biggest automakers, General Motors Corp. and Ford Motor Co. , reported soft sales in January while DaimlerChrysler AG's Chrysler Group and Japan's Toyota and Nissan reported healthy gains in their US sales.
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General Motors Corp. GM.N and Ford  Motor Co. F.N on Tuesday capped 2004 with another month of  weaker sales, despite a crop of new vehicles and hefty  incentives, while Chrysler and Japan's Toyota and Nissan again  posted gains.
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US retail sales fell 0.3 percent in January on slower auto sales, but were up 0.6 percent excluding the automobile sector, the Commerce Department said.
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Retail sales fell 0.3 percent in January &#151; the weakest showing in five months &#151; 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.
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January retail sales were unexpectedly flat as motor vehicle, gasoline and electronics sales fell sharply in the post-holiday season after a December that was stronger than originally indicated, a Commerce Department report showed on Wednesday.
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Automakers got off to a rough start in 2008, but General Motors served up a surprise on Friday with higher sales in January on strong demand for its new car models.
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Ford Motor Co  said on Friday that U.S. auto sales fell 4.1 percent in January, and the economic and competitive market would remain challenging.
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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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DETROIT -- Ford Motor Co. reported Friday that its U.S. auto sales dropped 9.7 percent compared with the same period a year ago as both truck and car sales lost ground. DaimlerChrysler AG said sales rose 4.7 percent.
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Ford Motor Co.  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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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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General Motors Corp. GM.N and Ford  Motor Co. F.N 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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WASHINGTON -- Retail sales, hurt by a big drop in auto purchases, slowed in January to the weakest performance in three months.
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Ford Motor Co. on Tuesday capped 2004  with its seventh straight month of weaker sales, despite a crop  of new vehicles and hefty incentives, while Japan's Nissan  Motor Co Ltd. posted another sales gain.
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General Motors and Ford Motor, the nation&#39;s two largest automakers, both said demand for new vehicles last month was off 5 percent from a year ago, even as Japanese competitors
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General Motors Corp. GM.N and Ford  Motor Co. F.N on Tuesday capped 2004 with another month of  weaker sales, but a stronger performance by top foreign  automakers pushed results to their highest levels since the  record month of October 2001.
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General Motors Corp. GM.N and Ford  Motor Co. F.N are expected to announce further cuts in  vehicle production levels this week as they move to trim  inventories of unsold cars and trucks following weak sales,  analysts said.