DETROIT — With gasoline prices at record highs and consumer confidence at record lows, U.S. auto sales declined sharply in June.
Ford Motor Co. sales were down 29.5 percent in June compared to June 2007. It sold 173,462 vehicles last month. Ford sales were down 14.5 percent in the first half of 2008 compared to last […]
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Ford’s June swoon: Sales plunge 28 percent
Financial squeeze tightens for Ford
Return to profit unlikely before 2010Credit unit to post loss this year as value of pickups, SUVs falls
Bryce G. Hoffman / The Detroit News
Ford Motor Co.’s plan to cut truck production a third time this year points to a growing financial crisis at a company long dependent on the revenue from its big pickups and SUVs.
On […]