The automaker reported total sales of 183,947 vehicles in February. A 6% drop from sales in February 2013. Retail sales were down 4% to 125,919 vehicles sold.
For said that fleet sales were down 10% in the month of February, with bad weather blamed for delaying a portion of fleet orders. The company expects volume to be made up in March.
Despite the poor sales, both the Fiord F-Series and Lincoln brand vehicles saw gains in February.
TheStreet Ratings team rates FORD MOTOR CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate FORD MOTOR CO (F) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth, attractive valuation levels, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."