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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Ford sales slump in July]]></title><link>http://www.autoblog.com/2006/08/01/ford-sales-slump-in-july/</link><guid isPermaLink="true">http://www.autoblog.com/2006/08/01/ford-sales-slump-in-july/</guid><comments>http://www.autoblog.com/2006/08/01/ford-sales-slump-in-july/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/ford/" rel="tag">Ford</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><img vspace="4" hspace="4" border="0" align="right" alt="" id="vimage_1" src="http://www.blogcdn.com/www.autoblog.com/media/2006/08/fordlogo.jpg" />Following on the heels of DaimlerChyrsler's report of a catastrophic July in the U.S. market, Ford Motor reported that its sales were equally bad, falling an identical 34 percent compared to the record-breaking July of 2005.<br /><br />The difference, of course, is that the Chrysler Group results came despite a return of its aggressive Employee Pricing incentive program, while Ford offered less radical incentives compared to last year's Family Plan pricing.<br /><br />On a brand-by-brand basis, the flagship Ford brand posted the worst result, losing 35.7 percent, while Volvo posted the best news, a drop of only 10.2 percent.<br /><br />On a vehicle basis, Ranger and F-Series truck sales were down 50.6 percent and 45.6 percent, respectively, while SUV sales were even worse, with the Expedition showing a 57.4 percent drop, and the Explorer and Escape faring little better, at -50 percent and -33.3 percent, respectively.<br /><br />On the bright side, Ford's July sales were 6 percent better than June's, with its new mid-sized Fusion, Milan and Zephyr sedans up 18 percent over the previous month.<br /><br />[Source: Ford]<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2006/08/01/ford-sales-slump-in-july/">Ford sales slump in July</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Tue, 01 Aug 2006 15:28:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2006/08/01/ford-sales-slump-in-july/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/649424/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2006/08/01/ford-sales-slump-in-july/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>family plan</category><category>incentive pricing</category><category>july sales</category><category>JulySales</category><category>sales incentives</category><dc:creator><![CDATA[Stuart Waterman]]></dc:creator><pubDate>Tue, 01 Aug 2006 15:28:00 EST</pubDate></item><item><title><![CDATA[DaimlerChrysler U.S. sales plummet]]></title><link>http://www.autoblog.com/2006/08/01/daimlerchrysler-u-s-sales-plummet/</link><guid isPermaLink="true">http://www.autoblog.com/2006/08/01/daimlerchrysler-u-s-sales-plummet/</guid><comments>http://www.autoblog.com/2006/08/01/daimlerchrysler-u-s-sales-plummet/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/chrysler/" rel="tag">Chrysler</a>, <a href="http://www.autoblog.com/category/daimlerchrysler/" rel="tag">Daimler</a>, <a href="http://www.autoblog.com/category/dodge/" rel="tag">Dodge</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><img vspace="4" hspace="4" border="1" align="right" alt="" id="vimage_2" src="http://www.blogcdn.com/www.autoblog.com/media/2006/08/daimlerchryslerlogo.jpg" />Code Blue! Dr. Z to the E.R., stat! DaimlerChrysler released its U.S. sales results for July today, and investors are on life-support.<br /><br />First the good news: Mercedes-Benz U.S. sales set a July record of 21,591 units, up 4 percent from last year.<br /><br />Unfortunately, the bad news is really bad. Chrysler Group sales were down an astonishing 37 percent in July, to 150,349 vehicles, despite Chrysler's return to last summer's Employee Pricing, rebates and 0 percent financing. <br /><br />Overall, DaimlerChrysler sales were down 34 percent.<br /><br />[Source: Reuters]<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2006/08/01/daimlerchrysler-u-s-sales-plummet/">DaimlerChrysler U.S. sales plummet</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Tue, 01 Aug 2006 15:01:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://today.reuters.com/business/newsarticle.aspx?type=basicIndustries&amp;storyID=nN01431728&amp;imageid=&amp;cap=>Read</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2006/08/01/daimlerchrysler-u-s-sales-plummet/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/649407/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2006/08/01/daimlerchrysler-u-s-sales-plummet/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>employee pricing</category><category>july sales</category><category>JulySales</category><category>sales incentives</category><category>us sales</category><dc:creator><![CDATA[Stuart Waterman]]></dc:creator><pubDate>Tue, 01 Aug 2006 15:01:00 EST</pubDate></item><item><title><![CDATA[Chrysler extends Employee Pricing incentives]]></title><link>http://www.autoblog.com/2006/08/01/chrysler-extends-employee-pricing-incentives/</link><guid isPermaLink="true">http://www.autoblog.com/2006/08/01/chrysler-extends-employee-pricing-incentives/</guid><comments>http://www.autoblog.com/2006/08/01/chrysler-extends-employee-pricing-incentives/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/carbuying/" rel="tag">Car Buying</a>, <a href="http://www.autoblog.com/category/chrysler/" rel="tag">Chrysler</a>, <a href="http://www.autoblog.com/category/daimlerchrysler/" rel="tag">Daimler</a>, <a href="http://www.autoblog.com/category/dodge/" rel="tag">Dodge</a></p><img vspace="4" hspace="4" border="0" align="right" alt="" id="vimage_1" src="http://www.blogcdn.com/www.autoblog.com/media/2006/08/employee-pricing.jpg" />We doubt that anyone thinks this is a surprise, given the Chrysler Group's abysmal sales performance and mounting inventory, but the company announced Tuesday that it has extended its Employee Pricing Plus discount program for another month, to August 31.<br /><br />The program will continue unchanged, with customers offered a choice of Employee Pricing, zero percent financing for 36 months or model-specific rebates.<br /><br />So far, Dr. Z's Chrysler gang are on their own in offering another big summertime incentive program, as Ford and General Motors seem firm in their resolve to not repeat last summer's huge programs.<br /><br />[Source: Automotive News]<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2006/08/01/chrysler-extends-employee-pricing-incentives/">Chrysler extends Employee Pricing incentives</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Tue, 01 Aug 2006 14:28:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.autonews.com/apps/pbcs.dll/article?AID=/20060801/REG/60801014/1128/rss01&amp;rssfeed=rss01>Read</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2006/08/01/chrysler-extends-employee-pricing-incentives/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/649388/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2006/08/01/chrysler-extends-employee-pricing-incentives/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>0 percent financing</category><category>employee pricing</category><category>EmployeePricing</category><category>incentive program</category><category>incentives</category><category>rebates</category><category>sales incentives</category><category>zero percent financing</category><dc:creator><![CDATA[Stuart Waterman]]></dc:creator><pubDate>Tue, 01 Aug 2006 14:28:00 EST</pubDate></item></channel></rss>