Friday, February 2, 2007

Historic low: Ford 4th with U.S. buyers

Ford is still in the news and they can't seem to get a break. For the first time in the long history of the company they rank 4th in total market share in the United States. This is mind boggling how a company can lose so much ground so fast. IT has been a long 5 years and it doesn't appear to be getting any better. The Ford name is becoming an embarrassment to not only Michiganders, but to the country as well.

Ford Motor Co. fell out of the top three in U.S. market share last month for what appears to be the first time since company founder Henry Ford rolled out the Model T.

In January, the same month it reported the largest annual financial loss in its history, Ford dropped to fourth with 15.2% of U.S. sales.

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