The Ford Motor Company is one among the three most influential car makers of the US. And it is just as one among the three that suffers the same littered financial stability. But among the Big Three with GM and DaimlerChrysler, Ford has been the one suffering a much deeper financial crisis.
Since last year, Ford is continuously experiencing a seemingly endless down fall in almost all aspects. Recalls, resigning officers, losing of some production plants, failure to gain profits on rental car fleets, the counterfeited Ford parts and so on are just few among the burdens that add to the company’s slow deteriorating status. Much more if we talk about its failure to sell.
The domestic car maker’s decline on sales started late last year until this very month. Yes, while the Toyota Motor Company and the Honda Motors Corporation as well as some other Asian auto brands are doing well on car sales, domestic car brands are the ones that failed to rock on the US market. GM, Ford and DiamlerChrysler experience decrease sales of cars on the month of March.
The Ford Motor Company received a 9% decrease on sales on its March report. To compare, in March 2006, Ford was able to sell 291,146 units but only 264,975 units were sold last month. Ford also failed to do well on its rental cars fleets as well as its car sales on the outgoing F-Series pickup trucks.
Well, I guess Ford is used to it, but it doesn’t mean they don’t have to do something about it. Good luck Ford.