October Auto Sales
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Elder User
Joined: Feb 2003
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October Auto Sales
OUCH.
GM Oct. sales fall nearly half; Ford drops 30 pct.
GM's US sales plunge 45 pct., Ford down 30 pct.; industry could have worst month in 25 years
DETROIT (AP) -- General Motors' October U.S. sales plunged 45 percent and Ford's dropped 30 percent, as low consumer confidence and tight credit combined to scare customers away from showrooms.
The results released Monday -- along with a 23 percent drop at Toyota and a 25 percent decline at Honda -- are strong indications that sales for the industry as a whole may perhaps be the worst in 25 years.
GM Oct. sales fall nearly half; Ford drops 30 pct.
GM's US sales plunge 45 pct., Ford down 30 pct.; industry could have worst month in 25 years
DETROIT (AP) -- General Motors' October U.S. sales plunged 45 percent and Ford's dropped 30 percent, as low consumer confidence and tight credit combined to scare customers away from showrooms.
The results released Monday -- along with a 23 percent drop at Toyota and a 25 percent decline at Honda -- are strong indications that sales for the industry as a whole may perhaps be the worst in 25 years.
Tuned
Joined: Mar 2007
Posts: 254
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From: Sacramento Ca
I was reading an article earlier today that just mentioned the Ford numbers. I am glad to see they are in the same boat as everyone else. I don't like to see them all down, but if they are all down together, at least Ford isn't dropping like a stone.
Junior User
Joined: Jul 2005
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Ford had its highest retail marketshare in more than 2 years.
Everyones awful results are the reason for that.
It is pretty sad when Fords -30% is some of the best showings out there.
BTW, Toyotas adjusted numbers (how Ford always lists theirs) is down almost 26% (25.9 to be exact).
Everyones awful results are the reason for that.
It is pretty sad when Fords -30% is some of the best showings out there.
BTW, Toyotas adjusted numbers (how Ford always lists theirs) is down almost 26% (25.9 to be exact).
Fleet Mechanic
Joined: Aug 2006
Posts: 1,684
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From: Phoenix, AZ
I'd say it's getting to people holding on to their cars for longer before selling em. With 30k on the mustang and 100k on the X, mine are just getting broken in 
I would have been all over the 09 F150 if it had the 6.2 or the diesel... would be just what i needed, the little bit of extra oomph... 
I would have been all over the 09 F150 if it had the 6.2 or the diesel... would be just what i needed, the little bit of extra oomph...
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