Truck sales down, car sales up. Hmmmm....
Posted on 04/01/2003 10:23:55 AM PST by Starwind
WSJ.COM WRAP: Ford's US Vehicle Sales Fell 7.9% In March >F
A WALL STREET JOURNAL ONLINE NEWS ROUNDUP
NEW YORK (Dow Jones)--Ford Motor Co.'s (F) U.S. vehicle sales fell 7.9% in March, with sales of cars dropping 8.3% and sales of trucks declining 7.7%.
The Dearborn, Mich., auto maker said Tuesday that total vehicle sales reached 302,463 in March, compared with 328,385 units a year earlier. Car sales fell to 115,321 units from 125,736, while truck sales declined to 187,142 from 202,649.
There were 26 selling days in March, compared with 27 days a year earlier. Ford's figures aren't adjusted for the change in the number of selling days.
The company's Expedition trucks saw sales slip 2.5%, while sales of the Explorer decreased 8.2%. Sales of the Lincoln Navigator declined 6.6%. Sales of Ford Taurus cars, meanwhile, rose 3.1%, while Ford Focus cars reported a 13% jump in sales.
"We're encouraged by our market-share gain in 2003," Jim O'Connor, Ford's group vice president of North American marketing, sales and service, said in a prepared statement. "In the first quarter, we achieved one of the largest share increases among all manufacturers and we intend to keep the momentum going."
The statement didn't give specific market-share data. .
(END) Dow Jones Newswires
04-01-03 1321ET- - 01 21 PM EST 04-01-03
Truck sales down, car sales up. Hmmmm....
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