Ford (F): January Sales Down 42.1%

Wow. Phil Lebeau looks like he just saw a ghost or something after he read the January sales report from Ford (F). One word: Ugly. Volume sales were down 42.1% in the month. Analysts had been looking for a decline in the low 30% range.

Of course, we love the headline Ford put in the release:

“Strong F-Series, Fusion Sales Drive Ford To Higher Retail Share For Fourth Consecutive Month.”

That is one way to put it. But how soon before Ford asks to tap their TARP money?

See Also:
Ford: Still No Plans To Tap Fed Cash

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at