Ford U.S. Sales Down 46.3% in February

[Kurt_and_Hunter]

This is YoY (Year-Over-Year) and I don't recall February 2008 as having been the golden age of American manufacturing or anything, so it's 46% lower than lame. And Ford is supposed to be the healthy US auto-maker. But the punchline is that this is within the estimated range of minus 45%-50%. So at least our predictions have become sufficiently gloomy. That's important to any recovery. (Step One: Admit you have a problem...)

"Sales at fell 46.3 percent on an adjusted basis ... Ford sold 99,060 vehicles last month, compared with 192,248 the same month in 2008."

"Sales at the Dearborn, Mich.-based automaker fell 46.3 percent on an adjusted basis—in line with the rough 45 percent to 50 percent decline analysts were expecting."

In January, Ford reported a 42.1% decline in total U.S. sales compared to January 2008. In December 2008, Ford reported a 32.4% YoY decline. And in November, Ford reported a 31.5% YoY decline (compared to November 2007).

The comparisons just keep getting worse."

http://www.calculatedriskblog.com/2009/03/ford-us-sales-down-463-in-february.html