Ford Sales Down By 7%
US based automaker Ford Motors reported that its sales were down by 7% in the month of April.Â
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The company continues to suffer due to falling sales of its Sports Utility Vehicles as consumers today avoid purchasing gas-guzzling monsters and prefer to purchase fuel-efficient Japanese cars.Â
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Ford sold 262,722 vehicles last month, which is down from sales of 281,292 vehicles a year ago in the same month.Â
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The truck sales for the company were down by a massive 15%, which nullified the gains made in its car division. Ford cars sales were up by around 8%. Ford Explorer was one of the worst sufferers as its sales alone were down by 42 percent in April.Â
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Sales of Ford Expedition were down by 33 percent.