By Robert Farago
October 1, 2008 -
Automotive News [sub] reports that Ford’s U.S. sales dropped by 34 percent in September. Metal moved: 120,788 cars and trucks, down from 184,612 a year ago. For those of you keeping score, that’s FoMoCo’s 22nd decline in the past 23 months. “Consumers and businesses are in a very fragile place,” Jim Farley, Ford group vice president of marketing and communications, said in a touchy-feely prepared statement. “An already weak economy compounded by very tight credit conditions has created an atmosphere of caution.” Caution? What about crisis? Well, you can’t very well expect the spinmeisters to spread the panic inside The Glass House. You can certainly bet they’re watching the bailout bill with eagle eyes, hoping to Christ the bill takes over bad auto loans and frees-up the credit market.
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October 1st, 2008 at 1:28 pm
That looks like La Quebrada in Acapulco. If so, my comments on my visit there make perfect sense for this blog.
“Diving off a cliff intentionally? Those guys are suicidal.”
October 1st, 2008 at 1:29 pm
I don’t think he’ll clear the rocks…
October 1st, 2008 at 2:24 pm
Cry-sler reports later in the week, it’s going to make Ford’s results look good by comparison.
October 1st, 2008 at 2:26 pm
For all of the media buys and development money, I’ve still yet to see a SINGLE Flex on the road here in the Sacramento area. Talk about money misspent.
Not that many new Focuses or Fusions either. The latter is explainable (smaller AND less fuel efficient that much of the competition). The former .. who knows.
They needed that Fiesta a year ago.
October 1st, 2008 at 3:01 pm
akitadog: they always do, but you can’t tell from the vantage point where the touristas hang out. If you were talking about the picture.
Ford on the other hand…
October 1st, 2008 at 3:06 pm
How did the F-150, Explorer, Expedition do? I haven’t seen a new truck/suv from Ford on my local roads in what seems over a year.
October 1st, 2008 at 3:42 pm
Last month Ford sold 42 percent fewer F-Series pickups compared to September of 2007.