• Hello there guest and welcome to our forum!
    To gain full access you must Register. Registration is free and it takes only a few moments to complete.
    Already a member? Login here then!

The Streak Is Broken! Ford posts first sales gain in 19 months

wickedstangs

Chula Vista, CA
Staff member
Administrator
<p>Filed under: <a href="http://www.autoblog.com/category/carbuying/" rel="tag">Car Buying</a>, <a href="http://www.autoblog.com/category/ford/" rel="tag">Ford</a>, <a href="http://www.autoblog.com/category/lincoln/" rel="tag">Lincoln</a>, <a href="http://www.autoblog.com/category/mercury/" rel="tag">Mercury</a>, <a href="http://www.autoblog.com/category/volvo/" rel="tag">Volvo</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><img hspace="4" vspace="4" border="1" alt="" src="http://www.blogcdn.com/www.autoblog.com/media/2009/08/83371067_opt.jpg" /><br />
<br />
We'll publish our <a href="http://www.autoblog.com/category/by-the-numbers/">By the Numbers</a> feature detailing sales results for every brand and automaker in the U.S. later today, but we just had to tell you the news: Ford Motor Company has just reported a 2.3% sales gain for July 2009 versus the same month last year. Why is that a big deal? For one, FoMoCo, General Motors and Chrysler LLC have been on a streak of monthly sales losses going all the way back to <a href="http://www.autoblog.com/2008/02/01/by-the-numbers-january-2008/">January 2008</a> when GM posted a 2.1% gain. The last time Chrysler reported positive numbers was <a href="http://www.autoblog.com/2008/01/03/by-the-numbers-december-2007/">December 2007</a> with a meager 1.0% improvement. Ford has gone the longest - 19 months - without reporting a sales gain, its last one being razor thin at 0.4% all the way back in <a href="http://www.autoblog.com/2007/12/03/by-the-numbers-november-2007/">November 2007</a>.<br />
<br />
And to what can we attribute Ford's positive performance in July 2009? A number of things, including a fresh lineup of vehicles, new hybrids, positive press and, of course, a little bit of help from the <a href="http://www.autoblog.com/tag/CashforClunkers/">Cash for Clunkers</a> program. Not all can be credited to CFC just yet, though, as dealers only actively started accepting trade-ins at the end of the month. Nevertheless, Ford's entire portfolio of brands reported gains except for Lincoln, which was down 24.3%. The Ford brand was up 2.9%, Mercury gained 6.6% and even Volvo erupted with a 25.7% sales gain.<br />
<br />
Of individual models, the 2010 Escape made the biggest sales gain selling 20,241 units, a 94.2% improvement versus July 2008. The new 2010 Fusion also did well, selling 17,610 units for a 66.0% jump in sales. Even the Focus improved selling 21,830 units for a 43.6% gain.<br />
<br />
<a href="http://media.ford.com/images/10031/July09sales.pdf">Click here</a> (PDF download) to view Ford Motor Company's complete sales performance for July 2009, and keep your eyes open for our industry-wide By the Numbers report later today.<br />
<br />
[Source: Ford | Photo by Mark Wilson/Getty Images]<br />
<br /><p><a href="http://www.autoblog.com/2009/08/03/the-streak-is-broken-ford-posts-first-sales-gain-in-19-months/" rel="bookmark">Continue reading <em>The Streak Is Broken! Ford posts first sales gain in 19 months</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2009/08/03/the-streak-is-broken-ford-posts-first-sales-gain-in-19-months/">The Streak Is Broken! Ford posts first sales gain in 19 months</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Mon, 03 Aug 2009 12:29:00 EST. Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2009/08/03/the-streak-is-broken-ford-posts-first-sales-gain-in-19-months/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/19117537/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2009/08/03/the-streak-is-broken-ford-posts-first-sales-gain-in-19-months/#comments" title="View reader comments on this entry">Comments</a>


More...
 
Top