Ford November sales drop 30 percent, Toyota falls 34 percent
12:21 PM Tue, Dec 02, 2008 | Permalink
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NEW YORK -- Ford says its November U.S. light vehicle sales tumbled 31 percent amid a continued slump in consumer spending and tight credit markets, according to The Associated Press. Toyota's sales fell 34 percent despite its extension of zero-percent financing on a dozen vehicles. The two companies' reports are a strong indication that sales for the month will be poor industrywide and comes as U.S.-based companies prepare to state their second case for a federal bailout. Dearborn, Mich.-based Ford and Toyota, Japan's No. 1 automaker, are the first of the major automakers to report U.S. sales Tuesday. 
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