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Posts Tagged ‘Ford Sales’

Despite Prolonged Winter Sales Bounce Back

FCA, Ford, Toyota, Nissan all report gains.

by on Apr.01, 2014

Ford's F-Series helped the automaker to a 3% sales increase in March.

New car and trucks sales rebounded from a February dip led by some perennial sales “all-stars,” such as the Dodge Ram, Ford F-Series and Nissan Altima.

The seasonally adjusted annual sales rate is expected to come in at 15.8 million units, which is an increase of February’s rate of 15.3 million units. General Motors, which normally reports sales in the morning failed to do so due to a computer error, is expected to post its results by the end of the day today.

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Fiat Chrysler, Ford, Toyota and Nissan all reported sales gains for the month due to the strong sales of trucks and sport utility vehicles. Both Chrysler and Ford beat expectations. (more…)

US Car Sales on the Rise in March

FCA, Ford, Toyota, Nissan all report gains.

by on Apr.01, 2014

FCA's Ram pickup enjoyed its best March sales total in 10 years.

Sales of new vehicles, stalled by bitter winter weather, showed signs of recovery during March as both Fiat Chrysler, Ford, Toyota and Nissan all reported sales gains for the month due to the strong sales of trucks and sport utility vehicles.

Both Chrysler and Ford beat expectations. General Motors delayed release to their monthly sales totals due to a technical problem.

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“We are entering the spring selling season on a high note as our Jeep and Fiat brands recorded their best sales months ever and Chrysler Group extended its streak in March to 48 consecutive months of year-over-year sales increases,” said Reid Bigland, head of U.S. Sales. “Our Ram pickup truck posted its best March sales in 10 years.” (more…)

Altima Takes Car Sales Lead from Camry in February

Nissan, Chrysler enjoy strong sales due to SUVs.

by on Mar.03, 2014

The Nissan Altima took over the car sales lead in February outselling Toyota Camry and Honda Accord.

The cold February weather that settled across the nation set the stage for something of a revolution in showrooms across the country as the Nissan Altima replaced the Toyota Camry and Honda Accord as the best-selling passenger car in the U.S.

The final sales totals for the month of February showed Nissan selling a total of 30,849 Altimas, an increase of 11.3%. Sales of the Toyota Camry, the most popular car in America for more than a decade, fell 7.3% to 28,998 units, while sales of the Honda Accord fell 12% to 24,622.

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The decline in sales of the Camry and Accord also undercut the overall sales results for Toyota and Honda. Toyota sales slipped 4.3% despite and Honda’s fell 7% despite strong utility vehicle sales for both makers. (more…)

February Brings Automakers Mixed Sales Results

GM, Ford, Toyota, VW slump, while FCA, Nissan rise.

by on Mar.03, 2014

Jeep sales were up 47% in February, helping FCA to an double-digit jump overall for the month.

The chill of a cold February spread to new vehicle sales, but makers increased incentives to try to heat up sales in the second half of the month, setting the stage for stronger sales heading into the spring selling season.

General Motors, Ford, Toyota and Volkswagen all reported sales declines for February as inclement weather over much of the country reduced showroom traffic.

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However, Fiat Chrysler Automobiles (FCA), Porsche and Nissan posted double-digit sales increases thanks to strong sales of sport utility vehicles. FCA’s Chrysler Group posted an 11% increase compared, while Nissan said sales increased 15%. (more…)

Bad Weather Puts a Freeze on January Car Sales

Economic concerns also played a role.

by on Feb.03, 2014

Chrysler was one of the few makers to shake off the January freeze with products like this 2014 Ram 1500.

The record cold weather that has swept across much of the U.S. in recent weeks has apparently put car sales in the deep freeze – a situation analysts suggest was worsened by the slide in stock prices that has again raised concerns about the nation’s on-again/off-again economic recovery.

While a few manufacturers were able to buck the downward trend, key makers including General Motors and Volkswagen saw sales tumble last month.  And the industry, on the whole, saw average transaction prices – the amount consumers actually paid after factoring in incentives and options – slide after months of reaching new records.

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“Given the difficult weather in our largest sales regions, we are fortunate to have held in at retail as well as we did,” said John Felice, vice president of marketing, sales and service for Ford, which experienced a 7% decline in sales during January.

“In areas where the weather was good, such as in the West, sales were up,” Felice added, noting, “The poor weather also had an impact on the timing of some of our fleet deliveries. A bright spot is Lincoln, which had its strongest sales in four years.”

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Ford Reports $8.8 Billion in Profit

Strong sales in North America, China drive results.

by on Jan.28, 2014

Ford reported $8.8 billion in pre-tax earnings for 2013, including $8.6 billion in North America.

Ford continued its run of profitable years in 2013 with strong sales in North America, Asia Pacific and South America. Even the company’s European unit saw sales increase though not enough to turn a profit.

For the fourth quarter, Ford made a strong run pushing the automaker over the finish line, where it recorded a pre-tax profit of $1.3 billion, or 31 cents per share; however, Ford recorded a favorable tax item for $2.1 billion pushing the maker’s net income for Q4 to $3 billion, or 74 cents per share: an increase of $1.4 billion compared with year-ago results.

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Ford reported $8.8 billion in pre-tax profits for 2013, including a record $8.6 billion North America, although it would have been higher if not for the ongoing sluggishness of the European economy. Overall, the maker’s net income was $7.2 billion, or $1.76 per share. (more…)

Ford Claims Early Victory in Sales Sweepstakes

Maker declares itself America’s best-selling brand – but may get an argument from Honda.

by on Dec.30, 2013

Ford's Fusion set a sales record this past year.

They’re still testing the ball before the big celebration in Times Square tomorrow night, and the industry won’t officially announce final 2013 sales numbers until later in the week – but no matter, Ford Motor Co. is already declaring victory, pronouncing its flagship Ford marque North America’s best-selling brand for the fourth year in a row.

The maker notes it has a significant lead over second-place Toyota as it regains strength in parts of the country long dominated by imports. But at least one of the Detroit maker’s Japanese competitors has been downplaying the sales numbers, claiming victory of its own.

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“The great news is that we are not overly reliant on any one segment – we’re seeing double-digit sales growth in cars, trucks and utilities,” said John Felice, vice president, U.S. marketing, sales and service, in a year-end statement. “The Ford brand has had more retail share growth than any other brand in the country, with our most significant gains coming from import-dominated coastal markets. With 16 launches next year, we’re looking to keep our sales momentum going.”

There’s no question Ford had a good 2013 – albeit with a few headaches that could cause it problems next year.

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U.S. Auto Sales Jump Double Digits for October Despite Shutdown

Sales soft early in month, but saw rebound in second half.

by on Nov.01, 2013

Ford Fusion sales jumped 71% in of October while the automaker saw an overall increase of 13.9%.

Despite early concerns in the wake of the U.S. government shutdown, U.S. auto sales returned to form in October with most automakers reporting sales increases despite the 16-day stalemate in Washington early in the month.

With a few makers yet to report in, sales are expected rise between 11.7% and 13%, according to a variety of estimates. Most of the makers reported that sales were slow early in October, but began hopping after the issue was settled — at least temporarily.

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The Detroit Three was led by General Motors Co. and its 16% increase over last October. The maker delivered 226,402 vehicles with Chevrolet, Cadillac and Buick-GMC performing well, according to Kurt McNeil, vice president, U.S. sales operations, in a statement. (more…)

October Car Sales Rebounding from Brief Slowdown

Market largely overcomes impact of government shutdown.

by on Oct.28, 2013

Car dealers have been able to regain momentum since the government shutdown ended.

Despite the turmoil created by the government shutdown – and the subsequent impact on consumer confidence — sales of new vehicles are showing unexpected resilience in October with analysts predicting a welcome increase for the full month.

Sales are expected to rise 7% in October to a total of 1.22 million units, according to data tracking service Kelley Blue Book, with other analysts making similar predictions. A combined forecast by J.D. Power and LMC Automotive was even more bullish, with an anticipated 8% gain for October.

“Sales in the third week of the month strengthened relative to the first two weeks, which is evidence of vehicle buyers delaying their purchase until the shutdown was resolved,” said Power’s senior automotive analyst John Humphrey.

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That’s in sharp contrast to the dire predictions made by some industry executives earlier in the month, notably Hyundai Motor America CEO John Krafcik, who had cautioned that sales could decline as much as 10% in the wake of the government shutdown.

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Parts Shortages Could Cripple Auto Market Rebound

After recession, suppliers racing to rebuild capacity.

by on Aug.12, 2013

The 2014 GMC Sierra 1500 Denali gets a new face, upgraded interior and more power and it's one of many new vehicles buyers are flocking to showrooms to buy.

The good news is that American motorists are racing back to showrooms at a far faster pace than even industry optimists had anticipated at the beginning of the year. The bad news is that automakers are struggling to keep up with that burgeoning demand – and part of the problem is that after years of cutbacks and bankruptcies, industry suppliers can barely keep up.

That could be particularly troubling for Detroit makers who made some of the biggest cutbacks in capacity during the Great Recession only to find that they can’t keep up with consumers as they return to showrooms.

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“It’s amazing if you look at the change,” says Mustafa Mohatarem, General Motors’ chief economist. “At the beginning of the year people were asking do you have too many truck. Now we’re being asked are you sure you are going to have enough?” (more…)