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Ford's U.S Sales Soar 43% in February 2010

Ford Motor Company reported its February 2010 sales just a short while ago and posted a 43% increase over February 2009 due to the increased demand for their cars but every vehicle line posted increases.  Ford cars were up 54%, SUV's up 39%, and trucks were up %36%.

Here are some highlights for the month:

• Ford's U.S. market share for February estimated at 17 percent, up 3 percentage points versus a year ago
• Retail sales up 28 percent versus a year ago; fleet sales normalizing – up 74 percent versus last February's depressed levels
• Second-quarter North American production plan is 595,000 vehicles, up 144,000 vehicles (32 percent) versus a year ago
• February sales of the Ford Fusion, Motor Trend's Car of the Year, were more than double year-ago levels (up 116 percent).  Fusion set a new February sales record – its 10th monthly sales record in 11 months.  The Fusion Hybrid recently was named North American Car of the Year.
• February sales of Ford Mustang and Focus and Lincoln MKZ also were higher.
• Ford Taurus sales totaled 6,359, up 93 percent versus a year ago.  Since the introduction of the all-new model in August, Taurus sales are nearly double year-ago levels.  The average conquest rate for Taurus is 46 percent nationwide and 76 percent on the West Coast.
• Ford's F-Series – America's best-selling truck for 33 years in a row and best-selling vehicle (car or truck) for 28 years in row – posted a 39 percent increase in February.  In 2009, F-Series increased its leadership position among full-size pickups with a 4 percentage-point gain in segment share, and the F-Series continues to gain share in 2010 with a 6-point gain in January.  
• Production of the all-new F-Series Super Duty has begun at Ford's Kentucky Truck Plant.
• Utility vehicles also posted strong sales increases.  In February, Escape sales were up 50 percent versus a year ago, Edge sales were up 67 percent, Flex sales were up 19 percent, and Mercury Mariner sales were up 39 percent.  Sales for traditional SUVs (Explorer, Expedition and Navigator) also were higher than a year ago.
• Sales for Ford's E-Series van (Econoline/Club Wagon) were up 26 percent versus a year ago.  E-Series has been America's best-selling full-size van for 31 years.
• Sales of the new Transit Connect – a small commercial van introduced in mid-2009 – totaled 1,338 in February.  Ford's share of the commercial van segment is more than 60 percent.  Production of a battery-electric Transit Connect begins later this year.    

Ford the big winner as Consumer Reports releases annual list of American Top Picks

Each year that Consumer Reports offers up its annual list of Top American Picks, it seems less and less a consolation bracket and more like a reasonable set of choices. To wit, if you wanted the very best family-sized SUV Consumer Reports will tell you that you're best off choosing American, regardless of which list its from.

Further, CR has found the Ford Fusion and Mercury Milan twins have proven to be more reliable than a Honda Accord or Toyota Camry. Blasphemy, you say? To borrow a marketing phrase from the Blue Oval itself, Drive One and find out for yourself. Apparently, it's also reliable. Not surprisingly, the Fusion managed to earn two more awards in its hybrid guise, including CR's Best Overall Car.

All told, seven of the 10 awards handed out by CR went to Ford – an impressive performance. Two Top Picks were filled by vehicles from General Motors while Chrysler didn't have a single model on the list, which isn't particularly surprising since the Dodge Ram is the only model from the Pentastar to even make the running. Click here to check out the rest of the winners from CR.

2011 Ford Transit Connect Electric

Ford Motor Company has its first all electric vehicle ready for production later this year.  The Ford Transit Connect goes electric and will be on sale later in 2010. Ford is collaborating with Azure Dynamics Corporation to upfit the Transit Connect Electric with Azure’s Force Drive™ battery electric powertrain and Johnson Controls-Saft’s advanced lithium-ion battery technology.  “Transit Connect Electric exemplifies how we are leveraging our relationships as well as our hybrid and advanced powertrain programs to bring energy-efficient technologies from the laboratory to the street,” said Derrick Kuzak, Ford group vice president, Global Product Development. “Not only is this an ideal vehicle for eco-conscious fleet operators, it is an important part of Ford’s future.”

Read more.

2011 Ford Edge Unveiled

Ford unveiled the all-new 2011 Ford Edge last week at the Chicago Auto Show.  The new 2011 Edge has bolder styling cues on the exterior with refreshing new interior that incorporates Ford's break-through MyTouch technology.  This is the first redesign of the Ford Edge since it hit the ground in 2006.  In the 2011 model buyers will have three engine choices featuring a new 2.0 Liter I-4 Eco-Boost with class-leading horsepower and torque for a four cylinder engine with best-in-class fuel economy with improvements of at least 10% versus comparable V6 engines.  The 3.5 Liter V6 will remain as the base engine in the edge, while the Sport gets a larger 3.7 Ti-VCT V6 that delivers 305 horsepower and 280 pound-feet of torque on 87 octane.  Learn more about the 2011 Ford Edge at the official site, www.fordvehicles.com/2011Edge.

 

 

Ford's Sales Rise 24.6% in January 2010

Ford announced sales numbers for January 2010 and came in with a 24.6% increase versus a year ago.  Ford's U.S. market share also increased 2 points to an estimated 16%.  Ford's cars continue to lead the way with sales of cars up 43%.  Among the big car increases are the Ford Fusion, recently named Motor Trend Car of the Year up 49%, the all-new Ford Taurus up 121%.  The Ford Escape led suv's with a 29% increase, while the Ford Edge led the crossover segment with a 26% increase year-over-year.

Read the full January 2010 Sales report here.

Ford Posts 2.7B Profit in 2009; 868 Million in Fourth Quarter

Ford Motor Company announced today that it ended 2009 with a net profit of 2.7 billion or 86 cents per share, a $17.5 billion improvement.  Wall-street analysts were expecting an annual loss of 20 cents per share.  Ford posted an 868 million profit for the fourth quarter of 2009.  This is big news from Ford, this is the first time in four years that Ford has posted a full year profit. 

Get the full financial results here.

Northside Ford partners with MySAAutos.com

Northside Ford is proud to annouce our partnership with mysaautos.com San Antonio's Used Car Marketplace. With a wide selection of used cars available from budget to luxury vehicles mysaautos.com will help you find the car you want in the greater San Antonio area. 

One unique feature is the ability to make an offer on a vehicle and get an instant response no "I have to check with my manager" this provides the customer more control over the negotiation process and once the offer is accepted the customer is contacted to arrange a final test drive and complete the title paperwork.

"We are very excited about our partnership with MySAAutos.com, they have brought cutting edge technology to the used car market helping us improve our customer experience" - Dennis Moss, Used Car manager

Toyota Suspends Sales of Eight Models

Toyota is suspending the sales of eight recalled models to fix accelerator pedals that stick.  As part of the plan, Toyota is halting production at five manufacturing facilities for the week of Feb. 1 "to assess and coordinate activities."

There are 2.3 million vehicles involved in the recall, which was announced last week.

The Japanese automaker says the sales suspension includes the 2009-2010 RAV4, the 2009-2010 Corolla, the 2009-2010 Matrix, the 2005-2010 Avalon, the 2007-2010 Camry, the 2010 Highlander, the 2007-2010 Tundra and the 2008-2010 Sequoia.

The recall came months after Toyota recalled 4.2 million vehicles due to gas pedals that could become trapped under floor mats, causing the vehicle to accelerate.

 

Source: www.msnbc.com

Next Generation Explorer and 1,200 Jobs Coming to Chicago

Ford Motor Company today announced it will produce the next-generation Ford Explorer SUV at the company’s Chicago Assembly Plant beginning in the fourth quarter of this year. 

Ford is investing nearly $400 million in its Chicago manufacturing facilities to launch production of the new, fuel-efficient Ford Explorer. The company also will add 1,200 new jobs to staff a second production shift at Chicago Assembly Plant and increase production at the nearby Chicago Stamping Plant.

The next-generation Explorer will be built at the Chicago Assembly Plant on a flexible assembly line alongside the new Ford Taurus and Lincoln MKS sedans. Ford’s $400 million investment includes approximately $180 million in manufacturing investment at the Chicago sites and about $220 million for launch and engineering costs. In addition, Ford will be making significant investment in supplier tooling to support next-generation Explorer production.

Read the full press release here.

2011 Mustang GT Named Daytona 500 Pace Car

There's a first time for everything, and for the first time ever the Mustang GT will be the pace car for this years Daytona 500.  This marks the first time in 40 years that a Ford Motor Company vehicle will be the pace car at Daytona.

Fifty special pace car edition Mustang GT's will be built an sold to the public while the actual Race Red Mustang will be auctioned off at the 39th annual Barrett-Jackson Scottsdale Collector Car Auction on January 23, with the help of Richard Petty, Ford Racing's newest team member.

Read the complete Ford press release here.