Ford, Toyota Nov. Sales Plunge More Than 30 Percent
If you still thought the auto industry crisis is limited to Detroit's Big Three, this should be the final refutation to that: The first of the November auto sales numbers came out moments ago and Toyota's U.S. sales were down 34 percent compared to November of last year.
November sales of Ford's light vehicles were down 31 percent compared with November 2007.
Other automakers will follow with their November sales later today, and the news is expected to be just as grim.
November sales of Lincoln and Mercury light trucks were down 29 percent, and car sales for Ford-Lincoln-Mercury were down 32 percent.
At Toyota, truck sales dove 36 percent in November, while passenger car sales dropped 32 percent.
December 2, 2008; 12:28 PM ET
Categories: The Ticker | Tags: Ford, Toyota, automakers
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