SubscribeFord’s Sales Down 48 Percent
March 4th, 2009 • Related • Filed Under
Tom Krisher, AP Auto Writer
Ford Motor Co. says its U.S. sales fell 48 percent in February, proof that huge rebates and low-interest financing aren’t enough to entice fearful consumers to make a major purchase
The Dearborn, Mich., automaker sold 99,060 vehicles last month, compared with 192,248 the same month in 2008. Other automakers report their sales later Tuesday
My comment: We have too many cars, houses, nail salons, Applebees, strip malls, Home Depots, sub shops etc…already. Peoples standard of living has to return to the mean. That will mean a drastic shrinkage in all of these businesses. I think we can start using the depression word now.
John Polomny
The Real Deal
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