Ford Motor Co. ends 2007 with a resounding thud, as U.S. light-vehicle sales in December plummeted 8.8% from year-earlier levels. Sales for full-year 2007 were off 12.2%. U.S. Sales Analyst George Pipas says the picture is better than it appears, blaming the falloff largely on the auto maker’s ongoing initiative to reduce sales to daily rental fleets. “The Taurus posted sales of 175,000 units (in December 2006) and most were sold to daily rental fleets with some commercial and ...
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