Ford U.S Sales Slide 30%

Nov. 3, 2008
So far in 2008 sales have dropped 18.7% from last year.

As American consumers remain cautious in the face of a credit squeeze and likely recession, Ford Motor Co. on Nov. 3 reported U.S. sales plunged 30.2% from a year ago.

The number two US automaker, which has seen heavy losses and dwindling market share, said it sold 132,838 vehicles in the month, including the Volvo nameplate.

Its domestic brands, Ford, Lincoln and Mercury, saw a 29.2% drop to 129,121 in October.

So far this year, Ford has sold 1.72 million cars, a drop of 18.7% from the same period a year ago.

Copyright Agence France-Presse, 2008

Popular Sponsored Recommendations

Navigating Disruption: A Leader’s Guide to Strategy Under Uncertainty

Nov. 1, 2023
AI, sustainability, digital--industrials are facing disruptive forces that are redefining what it takes to win. What got your company where it is today won’t get you where you...

The Ultimate Ecommerce Excellence Checklist

Oct. 2, 2023
Scaling ecommerce operations is no easy task when your business is moving fast. Assess your current ecommerce maturity level and set optimization priorities with this practical...

The Manufacturer's Guide to Modernizing Commercial Operations

Sept. 12, 2023
In this guide, learn how a modern approach to commercial operations can help your manufacturing business integrate sales and revenue management to elevate seller productivity ...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!