Even though February’s sales figures haven’t yet been officially calculated, Ford Motor Company’s senior US sales analyst, George Pipas, predicts an industry-wide sales fall of around 40 per cent as compared to the same time last year.
Mr Pipas also said that, for the first time in five months, he doesn’t expect Ford to have increased its market share, despite February being the strongest month for new car sales in the US for the past year.
“This will be the first month in five that Ford’s market share falls,” Mr Pipas said. “We had four months in which our share of the retail market was 13 percent or higher. This could be the toughest monthly comparison for the industry this year.”