Ford Motors (F) March Sales Down 14%

April 1, 2008 12:04 PM EDT
Ford Motors (NYSE: F) said that in March, Ford, Lincoln and Mercury sales totaled 213,074, down 14 percent compared with a year ago. Sales to individual retail customers were 17 percent lower than a year ago, with essentially the entire decline concentrated among truck and sport utility vehicles. Sales to daily rental companies were down 13 percent versus a year ago, and total fleet sales, including daily rental, were down 9 percent.

Retail sales for the Ford Focus were the highest for any month since August 2005 -- with retail sales up 36 percent in March and 35 percent in the first quarter compared with the same periods a year ago.

Edge retail sales were up 35 percent in March and 52 percent in the first quarter, thanks in part to stronger sales on the coasts.

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