Ford Sales Fall in May As Customers Continue to Abandon SUVs and Trucks, but Mustang Coupe a Hit
DETROIT (AP) -- Ford Motor Co.'s new vehicle sales fell nearly 3 percent in May, as customers continued to turn away from the company's sport utility vehicles and trucks.
The Mustang coupe sold at a blistering pace, up 47 percent from last May, Ford said on Wednesday. Ford, Lincoln and Mercury brand car sales were up 4.3 percent, but it wasn't enough to offset a 6.4 percent loss in truck sales. Ford's total sales are off 4 percent for the first five months of the year.
DETROIT (AP) -- Ford Motor Co.'s new vehicle sales fell nearly 3 percent in May, as customers continued to turn away from the company's sport utility vehicles and trucks.
The Mustang coupe sold at a blistering pace, up 47 percent from last May, Ford said on Wednesday. Ford, Lincoln and Mercury brand car sales were up 4.3 percent, but it wasn't enough to offset a 6.4 percent loss in truck sales. Ford's total sales are off 4 percent for the first five months of the year.