Ford posted falling figures for several financial metrics in Q1 2015, but pre-tax results increased by $24 million. With many products left to launch, the automaker thinks 2015 could still be a good year.
Going back to their origins in the Swinging '60s, the Ford Mustang and Chevrolet Camaro have been fierce rivals for fans' hearts and dollars. Historically, the Ford often led in volume, but Chevy took the muscle car top spot in 2009 upon the Camaro's rebirth. However, with the launch of the latest Blue Oval pony car, the tide is turning back in Ford's favor.
Ford is ready to call the ball on its 2013 sales totals, predicting a first-place finish for units sold in the US for a single brand. The company anticipates selling more than 2.4 million vehicles when all vehicle sales over the last 12 months have been tallied, repeating the victory it trumpeted over Toyota last year.
Ford can't seem to build F-150 SVT Raptors fast enough. The off-road-ready trucks have been one of the Blue Oval's most reliable sellers, with record sales in eight of the last 10 months and a 14-percent jump in 2013. That's impressive enough, considering that the least expensive Raptor starts at $44,000. Factor in the modded F-150's fuel economy (it's rated at 11 miles per gallon in the city and 16 on the highway) and a national average gas price, as of this writing, of $3.55 per gallon, and it
If you want further proof that the auto industry is bouncing back, look no further than the empty lots and forecourts of your local dealership. According to a story by The Wall Street Journal, continued high demand for mainstream cars is overtaxing automakers' ability to produce enough models. Several dealers interviewed for the story are reporting two-week supplies as opposed to the typical two-month allocations.
Ford won't be snagging the best-selling-car title away from Toyota just yet, but in addition to what should be another runaway best-selling-truck title, it can also boast being the top-selling brand in the US last year. While year-end sales totals aren't even in yet, Ford has already confirmed that it hit a big milestone by selling more than two million sales in the US for the year.
Like almost every other automaker these days, Ford is having a tough time in Europe right now, and here in the States, its per-share stock price is lagging, but that isn't stopping the automaker from exceeding some of its goals. The Detroit Free Press reports that sales of the company's EcoBoost turbocharged and direct-injected engines are going beyond expectations. The Blue Oval's signature powerplants have made it to a wide variety of Ford and Lincoln products, from larger vehicles like the Ex
Most everyone at Ford is grinning from ear-to-ear these days, as the company is enjoying profits as well as a vastly improved product portfolio and public image. Sales are up, the product pipeline is full, and market share grew last year. You can almost imagine Ford CEO Alan Mulally saying, "What, me worry?"
Even though Ford's light vehicle sales were up seven percent in August of this year versus last, the company is running low on a very popular product: there simply aren't enough of the 2012 Focus to go around. The company's sales analyst, George Pipas, said it's because there isn't enough inventory, with 5,500 Focuses in stock at the end of July.
Alan Mulally has done a lot of good for the Blue Oval brand, but the Ford CEO still has big plans for the automaker. In fact, Mulally's goal is to see a 50 percent increase in global sales by the year 2015. An ambitious target, which would see Ford selling nearly eight million vehicles around the world.
March sales don't end until Thursday evening, but an Edmunds sales forecast suggests that Ford could beat General Motors in sales for the first time since February, 2010. The Blue Oval is projected to sell 210,000 vehicles for the month, up 34 percent from February figures. Edmunds sees GM having a solid month as well, but the crystal ball sees 208,000 sales for The General, up less than one percent from February sales.
In the American sports car landscape, the Chevrolet Camaro is the king... of sales for 2010. For the first time since 1985, the Camaro has outsold its arch rival, the Ford Mustang. In fact, Chevrolet sold 7,655 more of its sporty coupes than the Blue Oval. General Motors moved 81,371 Camaros compared to 73,716 Mustangs.
Ford has started offering vehicles for direct sale via the internet for United Kingdom customers. Ford conducted its own research and found that almost 40 percent of buyers don't even care about a test drive; they just want what they want with the click of a mouse.
February's automotive sales numbers are slowly rolling in, and we're already seeing that Toyota's recall crisis has severely hurt the company's overall sales. On the other hand, its loss has proved to be a real gain for other automakers, especially Ford Motor Company, sales of which topped not only Toyota's in February, but General Motors' as well.
While automotive sales have been almost universally down in 2009 compared to 2008, Ford has a legitimate reason to crow about its December figures, which are up a third over December of '08 and an impressive 50 percent over November. The green side of the coin, though, looks even better.
We'll have our monthly By the Numbers post ready lickity split, but here's a little tidbit worth sharing ahead of the full data download. While automotive sales have been almost universally down in 2009 compared to 2008, Ford has a legitimate reason to crow about its December figures, which are up a third over December of '08 and an impressive 50 percent over November.