Ford Motor reported a 14.4 percent drop in car sales, to 60,515.
Ford Motor has what will probably be a painful turnaround plan in the works.
Ford Motor, which most analysts see as the best stock of the lot, has taken only a modest hit.
Ford Motor lost $6.4 billion in 2001 and 2002.
Ford Motor's car sales fell 12.6 percent, to 38,630 cars.
Ford Motor announced a $3 billion investment in new machinery and plant space.
He has also been appearing in commercials for Ford motors.
Ford Motor's car sales rose slightly in the period, to 30,118, a gain of 1.5 percent.
The company changed hands several times, making only 42 cars in 1993, the year Ford Motor took full control of it.
Ford Motor, meanwhile, lost $5.8 billion, its biggest quarterly loss in 14 years.
