Ford Motor Company (NYSE: F) said that its U.S. sales fell 4% in February from a year ago, as strong results for its trucks and pickups weren’t enough to overcome a big year-over-year decline in car sales.
Ford’s sales dropped a bit more than the overall U.S. market for light vehicles (cars, pickups, and SUVs), which declined 1.1% from a year ago last month. The decline happened amid growing signs that automakers are boosting incentives to try to spur sales.