Ford Expects Strong August Sales

Ford Motor Co. (F) has stated that it foresees a strong rebound in industry sales for August. The company has attributed the possible surge in sales to the much-talked-about “Cash for Clunkers” program. The program, launched by the U.S. Government late July, allowed consumers to trade in their old gas-guzzling cars and trucks with a mileage of 18 miles per gallon (mpg) or less for a value of up to $3,500-$4,500.

According to Mark Fields, Ford’s president in the U.S., sales may rise … [visit site to read more]


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