Comment on The Details and Takeaways From Ford Motor Company's Rough October Sales Data

The Details and Takeaways From Ford Motor Company's Rough October Sales Data

It wasn't an easy month for major automakers that sell cars in the U.S. market. Industrywide deliveries fell 5.9% in October, against a very strong seasonally adjusted annualized sales rate (SAAR) of 18.2 million from a year ago -- the highest SAAR recorded during this cycle. So even though last month turned in a healthy SAAR of 17.98 million, it was tough sledding in terms of comparisons.This month hasn't started off much better for Ford Motor Company (NYSE: F), which started the week off with a fire at its Dearborn, Mich., HQ, delaying sales results for a day.

 

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