Ouch:
• Ford Jan vehicle sales were down a greater than expected 42.1%.
Ford’s fleet sales tumbled 65%,• GM vehicle sales fell 49%, greater than the consensus of a decline of 39%.
• Toyota reported a 32% drop;
• Honda sales fell 27.9%
• Nissan reported a 30% decline;
• Mercedes-Benz division dropped 43%;
• Porsche sales skid 36%
• Volkswagen AG reported its U.S. unit’s sales fell 12%;
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