Newswire

Ford's June U.S. vehicle sales fall 10.6 percent

DEARBORN, Mich., July 2 (Reuters) - Ford Motor Co. , the world's second-largest automaker, reported on Tuesday that its U.S. vehicle sales fell 10.6 percent in June.

Ford, which boosted its incentives program early on Tuesday in a bid to boost flagging sales of its new cars and trucks, said June vehicle sales totaled 337,300 vehicles, including foreign brands Jaguar, Volvo and Land Rover and some heavy trucks.

Despite incentive levels that were high even before Tuesday's increase, Ford said its car and truck sales declined by an equal 10.6 percent, with car sales totaling 128,649 and truck sales totaling 208,651.

General Motors Corp. , the world's largest automaker, was due to report its June sales later on Tuesday along with other leading auto companies.

Seeking to seize the momentum in Detroit's brutal price wars, GM announced early on Tuesday that it was reviving its offer of interest-free financing. The offer was first introduced to bolster consumer confidence and buying after the Sept. 11 attacks in the U.S.