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Ford Leads Charge As Auto Sales Show Signs of a Rebound
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Posted on
Jul 02 2009 1:57 AM
by
adeelm
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Auto sales in the U.S. show early signs of a rebound as Ford Motor Company posted a sales percentage loss for the month of June of just 10.7 percent. This is the automaker’s smallest sales decline in 16 months, prompting an unusual amount of optimism in the auto industry. Many automakers still suffered significant decline, however, with Toyota posting a 31.9 percent loss. Surprisingly, General Motors fared only slightly worse, despite the company’s bankruptcy filing, with a 33.4 percent loss.
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