Ford Canada states reduction in October sales in delayed results

by SpeedLux

Ford Motor reported weaker Canadian sales for October on Wednesday, weighed down by a sharp fall in car sales and slow truck performance.

Ford’s Canadian sales dropped 2.6 percent to 21,510 automobiles with car sales dropped 13.1 percent while truck sales slipped 0.2 percent.

On Tuesday, both Fiat Chrysler Automobiles as well as General Motors reported reduced October sales for Canada.

Ford stated it postponed its outcomes due to a fire at its Michigan head office which impacted an information center.

Experts anticipated Canadian car sales to set a new record in 2016, rising to 1.96 million vehicles, boost from a record-breaking 1.90 million units in 2015. However after a strong very first half, sales have considerably decreased in September and August on a yearly basis.

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