Ford (F) had another bad month for sales in its domestic vehicle operations. US units fell almost 10% to just over 195,000 total cars and light trucks. Wall St. thought the numbers would be around 13%, but doing better is this case is hardly doing well. The company now has posted several months of double digit sales drops and has to be in real trouble.
The only bright spot for Ford was a new line of vehicles. According to MarketWatch "combined sales of Ford, Lincoln and Mercury crossover vehicles surged 145% to 36,852."
Over at Toyota (TM) sales rose a little over 4% to almost 198,000 cars and light trucks.
Douglas A. McIntyre
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