Ouch!!- Ford sales down 28% in June

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Jul 1, 2008 | 11:07 AM

johnsocal

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Joined: Dec 1969

Posts: 1,911

From: Southern California (SoCal)

Ouch!!- Ford sales down 28% in June

http://money.cnn.com/2008/07/01/news...ion=2008070112

Quote:

Ford Motor reported that its U.S. sales tumbled 28% in June, kicking off what could turn out to be the weakest month for auto sales in 16 years.
Ford, the No. 3 automaker in terms of U.S. sales, saw sales of its SUVs plunge by more than half and pickups and other trucks fell more than a third.
Even the so-called crossovers, a sign of strength in the light truck segment until recently, saw sales off 18% from a year earlier, as buyers went searching for more fuel efficient vehicles in the face of record $4 gas prices. But Ford apparently didn't have the car models buyers were looking for, as its car sales fell 12%.

Last edited by johnsocal; Jul 1, 2008 at 11:28 AM.

Jul 1, 2008 | 06:01 PM

cjmatt

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Joined: Sep 2005

Posts: 983

From: Motor City

Quote:

Originally Posted by johnsocal

http://money.cnn.com/2008/07/01/news...ion=2008070112

car sales are going to be sh1tty until the gas prices settle and people can reevaluate theyre financials. Nobody is going to be buying up cars that theyre not sure theyll be able to afford 6 months from now

Jul 1, 2008 | 06:35 PM

Klypto

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Joined: May 2002

Posts: 1,418

From: New Orleans, LA

Quote:

Originally Posted by cjmatt

which is the only thing scaring me over the new camaro... im getting the v8, dont care the price... im just worried about $6gas. that will scare me

Jul 1, 2008 | 10:39 PM

guionM

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Joined: Mar 2001

Posts: 13,713

From: The Golden State

Mustang sales seem to be rebounding.

Last month sales were down 45%.

This month, it's only 15.

Fusion is still doing extremely well.

Jul 2, 2008 | 12:15 AM

cjmatt

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Joined: Sep 2005

Posts: 983

From: Motor City

Its going to be a tough couple of months for ALL of the OEM's. I imagine that once the shock and awe of the gas prices subsides, the vehicle sales will stabilize. Ford is at least moving very quickly internally in order to cope with the change...Fiestas for everyone!!!!