Ford Says U.S. Industry Sales Running at 12 Million Rate for a Third Month - Ford Inside News Community
 
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post #1 of 4 (permalink) Old 12-20-2010, 01:13 PM Thread Starter
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Ford Says U.S. Industry Sales Running at 12 Million Rate for a Third Month

Ford Says U.S. Industry Sales Running at 12 Million Rate for a Third Month
Bloomberg

By Keith Naughton -
Dec 20, 2010 10:50 AM ET


Ford Motor Co. said U.S. auto sales in December are running at a 12 million unit annual rate and the automaker expects sales to rise to almost 13 million next year.

December would be the third straight month of industrywide deliveries at a seasonally adjusted annual rate of 12 million or more, a level exceeded once in the previous two years. Sales for all of 2010 may rise to 11.5 million cars and light trucks, from 10.4 million last year, according to researcher IHS Automotive. U.S. deliveries averaged 16.8 million from 2000 to 2007.

“We have a high degree of confidence that 2011 is going to be a stronger sales year,” George Pipas, Ford’s sales analyst, said today in a briefing with reporters in Dearborn, Michigan, where the company is based. “We’re a whole lot better off than we were a year ago.”

Ford’s U.S. sales rose 21 percent in the year’s first 11 months, nearly twice the industrywide gain of 11 percent. New models such as the Fiesta subcompact and the redesigned Taurus sedan have enabled Ford to increase its U.S. market share to 16.7 percent this year, from 15.3 percent in the same period last year, according to researcher Autodata Corp. of Woodcliff Lake, New Jersey.

Ford, the world’s most profitable automaker, earned $6.37 billion in the first nine months of the year, the most since 1998.


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post #2 of 4 (permalink) Old 12-20-2010, 02:09 PM
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Re: Ford Says U.S. Industry Sales Running at 12 Million Rate for a Third Month

The performance numbrers of the Ford MotorCompany:

1.- 21% increse of sales (double than the industry)

2.- Market share gain: 1,4 points! in one year

3.- Most profitable car company ( 6,35 billion in the first 9 months 2010)

Those numbers are awesome.....

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post #3 of 4 (permalink) Old 12-20-2010, 02:12 PM Thread Starter
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Re: Ford Says U.S. Industry Sales Running at 12 Million Rate for a Third Month

Quote:
Originally Posted by falcon lover View Post
T
3.- Most profitable car company ( 6,35 billion in the first 9 months 2010)
In the world . . . let VW, Toyota and GM fight for be most "bloated bloated", or how they call it "biggest", spot.





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post #4 of 4 (permalink) Old 12-20-2010, 06:53 PM
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Re: Ford Says U.S. Industry Sales Running at 12 Million Rate for a Third Month

GM is certainly not going after worlds biggest, but they might end up there by default, and is going to challege Ford soon for most profitable. They are in exellent cash flow state with virtually all their launches doing well/ better than expected.
The equinox is now # 2 seller in the USA, and still no cash on hood...
Quote:
This year’s sales growth was led by deliveries to fleet customers, such as governments and rental-car companies, Pipas said
; that could come to be a problem later. Fiesta needs to do better and might get help from the new focus.

Toyota is on the verge of loosing money
VW is a world of egos and confusion, too bad they refuse to bring their pick up truck to America
Fiat, will never be number one, any time soon, they are at least 20 years away. Too much baggage in the short term.

Quote:
Originally Posted by SobeSVT View Post
In the world . . . let VW, Toyota and GM fight for be most "bloated bloated", or how they call it "biggest", spot.


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