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Ford Sales, Off 34%, Key Ugly US Autos Report

Nissan down 37%; Toyota sees 32% drop; GM fares better, but still 16% lower

By Harry Kimball, Newser Staff

Posted Oct 1, 2008 2:59 PM CDT

(Newser) – As expected, early sales reports from automakers paint a dismal picture, MarketWatch reports. Ford reports a 34% drop in US sales in September compared to a year ago; Toyota’s were off 32% and General Motors’ fell 16%, AP adds. Industry-wide, sales are down almost 20% over this time in 2007, the Detroit Free Press writes.

Hyundai’s sales were off 24%, and Honda, which bucked the trend with a rise in August, says it saw a 25% decline; fellow Japanese giant Nissan plummeted nearly 37%. Analysts saw the usual suspects behind the slump: high gas prices, credit woes and general economic worries.

Overall, the Detroit Free Press reports, auto-industry sales for September are down an average of 20% over Sept. 2007. (AP Photo)

The underground auto economy. (AP Photo)

A scrap yard. (AP Photo)

Ford's sales fell 34% in September, compared to sales in the same month of 2007. (AP Photo)

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Ford Sales, Off 34%, Key Ugly US Autos Report

Nissan down 37%; Toyota sees 32% drop; GM fares better, but still 16% lower

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Car Sales Jumped 14% Last Month

Chrysler, VW saw huge gains

US Automakers See Sales Increase in May

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Sinking Car Sales May Be on the Rebound

Today's figures 'as low as it's going to get': analyst

Ford to Make Car Payments for Buyers Who Lose Jobs

Firm will cover up to $700/month for a year

Auto Sales Take a Drubbing in December

Chrysler off 53%; GM, Ford, Toyota, Honda all down more than 30%

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Ford Sales, Off 34%, Key Ugly US Autos Report

Nissan down 37%; Toyota sees 32% drop; GM fares better, but still 16% lower

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OTHER STORIES ON OUR RADAR

Detroit • Ford • Hyundai • auto industry • auto sales • sales slump • cars • financial crisis

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Car Sales Jumped 14% Last Month

Chrysler, VW saw huge gains

US Automakers See Sales Increase in May

Ford, GM have best month of 2009

Sinking Car Sales May Be on the Rebound

Today's figures 'as low as it's going to get': analyst

Ford to Make Car Payments for Buyers Who Lose Jobs

Firm will cover up to $700/month for a year

Auto Sales Take a Drubbing in December

Chrysler off 53%; GM, Ford, Toyota, Honda all down more than 30%

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Newser By Users

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