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Page added on May 1, 2008

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Ford


High gasoline costs accelerating a move away from trucks, SUVs

DETROIT – Ford Motor Co. says its U.S. sales dropped 12 percent in April as high gas prices accelerated the trend away from trucks and sport utility vehicles.


It was a pattern expected throughout the industry as gas prices rose to record highs. Other automakers are scheduled to report their April sales later Thursday.


Ford says its SUV sales were down 36 percent in April compared with the same month last year. Car sales were down only 1 percent. Ford also said it saw an 18-percent decline in truck sales last month.


Ford



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