Showing posts with label 2010 ford news. Show all posts
Showing posts with label 2010 ford news. Show all posts

Saturday, January 29, 2011

Ford Made $6.6 billion in 2010;



Ford has posted profit of $6.6 billion in 2010. Models such as the Ford Fusion and others have continued to sell well and can be purchased from GA Ford Dealership businesses and others. Ford has about 20,000 hourly workers in Michigan, and those workers will receive a $5,000 bonus. The bonus is two-thirds larger than Ford had agreed to with the UAW. Ford workers produce models that are sold at Ford Dealership Augusta and other dealerships throughout the country.

Ford models can be be serviced at Service Dealership Richmond among others. The UAW's president, Bob King said that it was important for members to know that the company was not obligated to offer the bonus. However, investors were not happy with the profit report as it was less than expected for 2010. Ford's stock as a result fell 13.4% on Friday and the price closed at $16.27. The profit was however the largest for Ford in over a decade. Ford lost $51 million in Europe due to the launch of models such as the Ford Explorer.

Raw materials cost rose which was one reason why the profit was less than expected. But, the company reduced overall debt by $14.5 billion for 2010 and gained market share in the United States. The company made money in every region as well. Ford said that it was the best year for the company since 1999. Ford is expected to make even more profit in 2011. The profit sharing checks will also help to improve the Michigan economy which has been suffering since the recession of 2008. Ford's fourth quarter profits were only half of what were expected by investors.

Ford workers have a little more to be excited about as negotiations between the UAW and Ford will begin this year. The good news of a high profit follows years of pay cuts, layoffs, and other forms of downsizing which Ford implemented in the middle of the 2000s decade.

Tuesday, October 26, 2010

Ford's Profits on the Rise!


For American consumers considering a new vehicle, we think you should visit your local Ford dealer rather than Concord Mitsubishi Dealers.  Sure, the import vehicles are nice and all, but Ford Motor Company has improved their quality so much in recent years and now their sales record is reflecting that hard work.  Since splitting ways with Burlington Mazda Dealers and downsizing their product line up considerably, Ford is able to create a smaller family of extraordinary vehicles rather than an abundance of mediocre vehicles.  Downsizing can be a recipe for success and maybe Langs Chevrolet will follow suit. 

Ford is reporting that their third quarter income was an impressive $1.7 billion.  When you first compare that to last year’s third quarter $2.9 billion, you wouldn’t think the company was doing all that great.  However, you have to remember that Ford has cut some of its brands, like Volvo, so when you compare the current line up sales to last year sales of the same cars, Ford has actually increased their sales by $690 million.  See, sometimes smaller really is better!  The American auto brand should be quite proud of themselves given the still struggling economic situations that many consumers still face. 

The main force behind these improvements and changes come from their CEO Alan Mulally.  He has envisioned something he calls the One Ford plan, and that basically means that Ford will be a global name that produces high quality vehicles at a rate to meet industry needs.  There really is no reason to flood the market with an excess of vehicles.  That results in the company losing money that it can’t regain and ultimately driving down the prices of vehicles being sold.  Ford continues to pay down some of their debts and loans that they have borrowed throughout the years.  They are now in a healthy financial spot. 




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Friday, October 15, 2010

Flex vs Chevy Traverse


There are several different vehicle options out there for young families these days.  You can go to San Diego Toyota and get a fully loaded Sienna minivan, but it is going to be expensive and people hate the "soccer mom" stigma that goes along with minivans.  Some new alternatives include SUVs and crossovers, and your local Auto Dealer Warwick should have plenty for you to choose from.  The main appeal of the crossover class is that they are built on car platforms rather than truck platforms, so the driving experience is completely different.  Many people prefer crossovers from Boston Nissan because they give you the passenger capacity that you need as well as some cargo room.  Two great options we want to compare and contrast are the 2010 Ford Flex against the 2010 Chevy Traverse. 

Both models have been on the market for the same amount of time, and both have soared in popularity.  The Flex can carry up to seven passengers while the Traverse can carry eight; both lose one passenger capacity if you go with the captain's chair option in the second row.  Many consumers report that the seats in the Flex are far more comfortable and spacious than in the Traverse, and that is likely because the wide boxy shape of the Flex allows for more room.  On the flip side, the Traverse does offer more cargo storage, but Ford responds to that saying that the box shape gives you more room higher in the vehicle, so you can get larger items in the car.

Both vehicles come in three trim levels, all of which come with a nice equipment list.  Some of the options for the Ford Flex that you won't find on the Traverse include the SYNC hands free system, a refrigeration unit in the second row, and the Vista Moonroof option so there are a total of four windows on the ceiling.  The most you will get with the Traverse is dual sunroofs. 



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Thursday, September 2, 2010

Ford and Toyota Sales Drop;



For the month of August, both Ford and Toyota whose models can be purchased at a Toyota Dealer Lexington, two of the largest automakers in the world and in the United States had decreased sales. Consumers simply did not purchase vehicles for this month like they did last year in August because of the Cash for Clunkers program. This program encouraged buyers to trade in their old and fuel inefficient vehicles for more economical vehicles with large incentives for doing so. Ford Lincoln Mercury Dealer Denver businesses are hoping that the next few months will have increased sales or new incentives by the government.

Although August had decreased sales for 2009, this was almost expected a year after a large incentive program. However, the worst part of the decreased sales for the month of August is that they were below even what industry analysts anticipated for the month. Nissan Dealer New York and certain other dealers have continued to do well in spite of the decreased sales, however it is not known whether this trend will continue for the rest of 2010 or turn around in the month of September.
GM's deliveries fell 25 percent from August of 2009 because of the lack of incentives. However, GM's decrease was expected to be only 19 percent, so the increase of 6 percent was a surprise for auto analysts. The greater than expected decrease is a sign that consumers are simply not buying vehicles because of a lack of faith in the economy or for other reasons. Many millions of Americans are currently unemployed and perhaps there are also those who could previously afford to buy a new vehicle who cannot now. United States sales were the slowest for an August in over 28 years.There were various incentives that were offered but these incentives failed to drive consumers to dealerships.

Saturday, August 28, 2010

Ford Using Wi-Fi on its Models;



Ford has decided to implement the use of wireless technology on several of its vehicle models. VW Dealer businesses are going to also implement Wi-Fi technology among several others. Ford is adding the latest technology to its vehicles so that it can compete with foreign brands like Honda whose models can be purchased from Bossier City Honda Dealers. Wireless technology is not just being used to connect laptops, but now Wi-Fi is being used to have phone and entertainment features in the Edge and Lincoln MKX crossover models. Other luxury sedans and crossover models can be found at Sarasota Used Chevy Dealer businesses.
Wireless systems are being set up in various vehicles by Ford to target more demographics that have an interest in having technology readily available in their vehicles. Ford will have transmitting software for radio and phone systems in its models. Cars will be set up wirelessly for different options including power-seat preferences, gear shifting preferences on the transmission, and several other features. Ford will implement its latest features in models that are upcoming like its Explorer vehicle model and the Ford Focus compact car.

Ford has changed its goals from offering several types of vehicles to offer more quality over quantity. Its latest vehicles have been rated as being some of the best models ever offered by the company, and Ford is looking to continue to over excellent quality in their vehicle models. Ford is also looking to offer vehicle customization options that can be transmitted wirelessly, with buyers being able to select their own vehicle options on the Ford model that they buy. Buyers may be able to select an "apps" package for their vehicle similar to the apps packages that come with iPhones and Google Android phones. Ford will also be looking to expand its voice activated system to vehicles that it sells around the world and not just domestically.

Monday, August 23, 2010

Ford to Lower Incentives and Increase Pricing;



Ford is shaking its image as a discount vehicle brand. The company is looking to lower its incentives and also increase its pricing as it has done very well with its latest brands. Used Ford models from past years which are heavily discounted can be bought at Sarasota Used Cars dealerships. Ford is looking to allow both its dealers and the automaker as a whole to compete with other vehicle models like Volkswagen models sold at a local Volkswagen Dealer as well as other dealerships.

Ford has had a reputation for being a low cost vehicle brand but the company has put much more effort into being rebranded as a more expensive vehicle company. New York Hyundai Dealers are also selling Hyundai models which have been branded as being higher quality than they ever have in the past. Jim Farley, Ford's vice president of global marketing said that Ford will no long be seen as a discount brand after marketing and production shifts are made.

The difference in transaction prices between a Corolla and a Focus for instance have been tremendous and this is because consumers have been more willing to pay higher prices for Toyota vehicles because of a perceived image of reliability and quality. Now, Ford has regained that image, and customers have even shown within the past year that they are willing to pay higher prices for the latest Ford vehicle models.

Ford now has the option to offer higher pricing because the company has been in greater demand. More people are shopping for Ford vehicles, and the company is one of the most considered vehicle brands not just in America but throughout the world. Ford is making large strides in its turnaround plan, and the company will be able to raise more money to pay off debts after it has raised enough capital from sales.

Wednesday, August 18, 2010

Ford Models Have Legroom to Spare!


Great news for Winston Nissan Dealer; their Nissan Armada was named one of the top ten cars of 2010 with the most backseat legroom by the auto experts at Edmunds.  While there were no vehicles from the VW Dealer line up on the list, you can still get good deals on comfortable and fuel efficient cars from Volkswagen.  One of the big winners is Ford Vineland, or rather Ford Motor Company as a whole.  Three of their models had the biggest backseats with the most legroom!  Congratulations to the Lincoln Town Car, which has an impressive 45.4 inches of legroom for backseat passengers.  Second on the list is the Ford Flex, with 44.3 inches of legroom.  And fifth on the list is the Lincoln MKT with 41.8 inches.
 
Not everybody needs a car with lots of legroom for their backseat passengers.  Typically, backseat passengers are children and their little legs don’t get squished too easily.  These vehicles are more intended for people who frequently need to carry five or six full size and long legged adults!  Think people who car pool on a regular basis, car taxi service companies, or even extended families who have more than two adults living at home.  Brace yourself because legroom is a luxury item, so the following list of ten cars is going to be a bit on the high price end of the spectrum. 

Sixth on the list is the Cadillac DTS with 41.6 inches of legroom for backseat riders.  We already mentioned the Lincoln MKT for fifth place, and fourth place was a three-way tie!  The Infiniti QX56, Mercedes-Benz G-Class, and Nissan Armada all provide 41.9 inches of space.  Third place was a tie between the Audi A8 and Mercedes-Benz S-Class with 42.3 inches.  Second place was a tie between the Ford Flex and BMW 7 Series with 44.3 inches.  And the top spot goes to the Lincoln Town Car!




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Tuesday, August 17, 2010

Ford Trims $200 From 2011 Edge Price;



Ford has decreased the price of the 2011 Edge crossover SUV to $27,995. The change in price is not substantial, but at least it is not an increase for a newer model that has more horsepower. There are several other competing crossover models that have good horsepower and features such as the Chevy Equinox which can be fixed with Florida Chevy Parts. The 2011 Edge has a 3.5 liter V6 engine that is all new and gets a fuel economy of 19 mph in the city and 27 mpg on the highway. VW Peoria also sells crossover models that get good fuel economy and are worth a look.

Toyota Albuquerque sells a number of popular Toyota crossover models that have been very popular in the past but have dropped in popularity since news of Toyota recalls have been released. Ford took 15 pounds of weight off of the 2011 Edge as well for slightly better fuel economy and it has 40 pounds of weight taken off of the AWD version as well. Ford's Edge has great fuel efficiency compared to many other crossover vehicle models, and the Edge is likely going to continue to be a top choice for crossover consumers.

The 2011 Edge has a redesigned front grille with rocker panels on the side for better aerodynamics and fuel economy. The new edge will also have a Ford MyTouch interior technology system and other technology features. The new Edge will be sold in a television and digital advertising campaign later this year and the campaign will be launched in late August and early September.

Sony will be working with Ford for marketing programs for the crossover model and Ford will continue to market its other models with innovative techniques which have been very effective for the company lately.

Monday, August 16, 2010

IIHS Awards!


If you are in the market for a new car, make sure you check out the Ford Specials going on.  It is summer time sales, and dealers are eager to move out their 2010 inventory as the 2011 models roll in.  Thus, you can get a great price and usually great financing rates as well.  Plus, Ford has more Top Safety Pick awards for their 2010 line up than any other auto maker!  The VW Specials make sense because Volkswagen has four Top Safety Pick awards from the Insurance Institute for Highway Safety, but Ford now has 11 under their belt!  That even includes the new roof strength rollover test that was implemented partially into 2010.  If you don't find a safe car you like at Ford, some of the Reading Dodge line up offers great incentives you might want to check out.

The models that were recently put back on the list are the Ford Fusion, Ford Fusion Hybrid, Ford Flex, Mercury Milan, Mercury Milan Hybrid, Lincoln MKZ, and Lincoln MKT.  These vehicles had previously been awarded Top Safety Pick for 2010, but had to be re-evaluated for the roof test.  So, in order to qualify as a Top Safety Pick, the Flex had to have been built after January 2010.  Your Lincoln MKT needs to have been built following March 2010.  The remaining models mentioned need to have been built following April 2010.  There should be documentation of your car's manufacture date, but ask the dealership if you have questions. 

Ford uses high strength steel in crucial crash areas to make sure their passengers are safe.  Their SPACE architecture uses a single piece of steel that runs the width of the car on the floor up to the rocker panels to give additional protection in the event of a side impact crash.  Plus, almost the entire Ford line up is built with Trinity Front Crash Body Architecture, which uses strong and stiff exterior structures to absorb the energy from a crash and direct it away from the passenger cabin.




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Friday, August 13, 2010

Ford Most Considered Brand;



Ford continues to take accolades all across the board with its latest place as being the most considered brand. Ford has overtaken Toyota as being the top considered brand. The next most considered brands are Toyota, Chevrolet, Honda, and Hyundai. Chevrolet's most considered models can be seen at a Greenville Chevy Dealer. Also, Volkswagen did not make the top 5 which was surprising, however there are several great VW Deals on models which are reliable and great choices.

Ford recently sold Volvo to Geely as a part of its plan to reduce its model offerings and brands and focus only on what the company does best. Volvo models can be purchased at a Volvo Nashua dealership. As a result, Ford has made major strides in its manufacturing of some of the company's more popular models such as the Ford Fusion and the Ford F-150.

Ford is now the top most considered brand with 29 percent of shoppers considering purchasing a new Ford model. The study only included new and not pre-owned model. Also cracking the top 5 for the first time was South Korean automaker Hyundai. Hyundai has become more popular due to its latest offerings of models like the Elantra and the Sonata which are great and very reliable vehicles.

Toyota used to have the top spot but the company fell off likely in part due to recall news. The latest news have shown that Toyota's electronic throttle control was likely not the cause of vehicle acceleration problems. Toyota has fallen 8 percentage points in consideration since the recalls and the company has made strong efforts to correct the problems and fix the damage to its reputation.

The study questioned over 3,000 new vehicle shoppers on its web site between April 6th and June 17th. The shoppers ranked vehicle durability, reliability, driving comfort, performance, fuel economy and safety as being top factors.

Wednesday, August 11, 2010

Bill Ford's 5-Year Paycheck!


There may be some great Chevy Malibu Deals going on right now, but the news that Bill Ford can bring to Ford Motor Company might be even bigger and better!  Bill Ford is the great-grandson of founder Henry Ford, who started Ford Motor Company in 1903.  Bill Ford declared in May of 2005 that he would no longer accept payments until Ford Motor Company began churning a profit again.  This happy story makes you wonder how many other executives have done something similar; perhaps at Peoria Volkswagen or Miami Freightliner Trucks?  It is unlikely, but we do know that the CEO of Toyota took a major, major pay cut after the Toyota recalls and many of their higher-up executives refused bonuses and also took voluntary pay cuts.

Bill Ford is the Executive Chairman, and after five years of refusing compensation, he is being given a paycheck in the amount of $4.2 million, which is payment from the beginning of 2008 up until present day.  He refused compensation until Ford was profitable, and with profits of $4.8 billion in 2009, the compensation committee came to an agreement that it was time to start paying the man again!  Bill Ford acted as CEO from 2001 until 2006 when Alan Mulally became chief executive.  For 2009 and 2010, both Bill Ford and Alan Mulally took 30% pay cuts until the business was out of the red.  

So how had Bill Ford been surviving since 2005?  Well, he used personal loans and purchased stock in 2004 and 2005.  According the the U.S. SEC, Bill Ford sold some of his personal shares of Ford Motor Company stock and received $28 million, some of which he used to repay his personal loans from 2004 through 2005.  Bill Ford also made a $1 million contribution to the scholarship he established in 2005 for the children of Ford Motor Company employees.




Tuesday, August 10, 2010

2011 Ford Harley-Davidson F-150 is Most Powerful Ever!



The 2011 Ford F-150 Harley Davidson special edition is one of the most powerful full-sized pickup models on the market and it is Ford's most powerful F-150 ever. Cincinnati Ford and other dealerships sell the F-150 model, but the Harley Davidson F-150 is now a highly sought after model but limited in quantity. The vehicle is a collaboration between the two companies and has a new engine with more power. Other powerful vehicles can be test driven at a Peoria VW dealership.

Ford used its racing technology to develop the 6.2 liter engine on the model that has big-bore architecture which increases the horsepower of the model. Salinas Subaru also sells some high powered racing vehicles like the WRX which is a turbocharged sedan-sports hybrid.

The vehicle features a 6.2 liter V8 engine standard. The engine is also on the 2010 SVT Raptor version of the F-150 and it has 411 horsepower with 434 lb-ft of torque. The maximum towing capacity of the model is 9,300 lbs. There are other standard features such as voice activated navigation, a 4.2 inch productivity screen, a power moon roof, and a remote start system. These features make it an incredible and exclusive F-150 package.

The model is a collaboration between Harley Davidson motorcycles and Ford Motor Co. The truck has a lowered appearance because of a deployable running board. The model comes with 22-inch Euroflagne wheel cap and low performance tires, and the paint is a classic Harley Davidson scheme.

Wednesday, August 4, 2010

Keep a Close Eye on Your F-250!


According to the Highway Loss Data Institute, a branch of the Insurance Institute for Highway Safety, recently released their list of the top stolen vehicles according to theft claims reported to insurance companies.  At the very top of the list was the Cadillac Escalade.  Reportedly, 10.8 out of 1,000 Escalades that are insured are reported stolen.  On average, the insurance company only paid out $11,934 for each claim.  A cute little car from Volkswagen Peoria sounds pretty good right now!  What is surprising to many owners who bought vehicles from Cincinnati Ford is that the Ford F-250 crew cab with four wheel drive is the second most stolen vehicle!  This data is based on models from 2008 or 2009.  But just because you just bought a 2010 model from a Ford Dealer Concord does not mean your truck is totally safe; it just means all the data for the 2010 models has yet to be calculated and reported!

In fact, in 1998 the amount of trucks being stolen was on a steady decline that continued until 2001.  Since then, there has been a steady incline on the amount of trucks being stolen each year, and in 2005 trucks were stolen more than the trendy SUVs.  Truck owners need to realize that thieves aren't only after your truck; they want what is inside your truck!  If you use your Ford F-250 for work, which many owners do, chances are it is full of expensive tools and equipment that thieves can easily sell.  The smaller F-150 isn't targeted as much because Americans regard that almost as a daily driver.  Typically, only people who really need the hauling capability will buy the larger F-250 and F-350 models. 

Some of the other models that are stolen the most include the Infiniti G37, Dodge Charger Hemi, and Corvette Z06.  Thieves want the fancy parts they can sell off; even if your vehicle has anti-theft security installed does not mean they can't tow your car away!





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Saturday, July 24, 2010

Ford Moving Full Steam Ahead after Big First Half;



Ford's executives and shareholders can not get enough of the latest news that Ford is doing well again and back to high profitability. Ford's models that have helped the company break its personal records can be found at Cincinnati Ford dealerships. Ford's new models generated $1 billion in net pricing increases. Ford sold many models at higher prices than it ever has. Ford dealer prices are more comparable to VW Dealer prices now with the price increases.

Concord Toyota Dealers hope that their automaker will continue to put out high quality rival models to Ford's latest lineup which is one of its best yet. Ford hopes to continue to break personal records for the rest of 2010, and the company is off to an excellent start for the year with its highest profit in over 12 years.

Ford hopes to continue to increase its earnings regardless of the somewhat slowed economic climate around the world. Ford had a 20 percent rise in U.S. sales with minimal discounts for the second quarter with a net income of $2.6 billion. The quarter was Ford's fifth straight profitable quarter.

Ford's CFO said that the company expects to maintain its higher pricing levels for the rest of 2010 and it will ease in pricing for 2011. Light vehicle sales in the United States are going to fall short of forecasts, but Ford will not let the news stop it from putting out several new models that are revamped or totally new from scratch.

Ford is closing the gap on both Asian and European competitors like Toyota, Volkswagen, Honda, and others. Ford is doing the best that they can to match the quality that these foreign competitors have been known to put out, and Ford will continue to do well as long as they follow this type of business model.

Tuesday, July 20, 2010

Mullaly's Plan for Succes is to Keep It Simple;



Ford has entered into its fourth year of its turnaround plan and things are going better than expected to say the least. Volkswagen is a major Ford competitor and their models can be found at a local VW Dealer. CEO Alan Mulally has been credited for many of the major ideas and for the leadership that has brought Ford out of the brink of bankruptcy and back into profitability. Some of the latest Ford models have been major hits and they can be found at a Raleigh Ford Dealer.

A Quick Lane Richmond service station can service the latest Ford models and other models as well. Ford has been driven to simplicity since 2006 and has reduced its number of models while focusing on the models that have shown to be the most profitable. There are two major Ford focuses: Ford and Lincoln. At one point Ford has 8 brands of vehicles including Ford, Lincoln,Mercury, Jaguar, Aston Martin, Land Rover, Volvo and Mazda.

Ford's first half profits of $3.45 billion are among the best that the company has made in several years. Ford is capable of becoming one of the top automakers in the world again if it keeps up this level of growth and profitability.

Models such as the Ford Fusion, Ford Explorer, Ford Focus, and others have sold very well for 2010 thus far, and the Fiesta will be another top seller most likely for the North American market in which Ford hopes to expand its subcompact model offerings into.

It is likely that Ford will continue to develop market shares throughout the world and in the United States with its latest EcoBoost technology. The technology can be found on the Ford Explorer models and on several other models as well. The technology can boost engine output by a large amount.

Thursday, July 15, 2010

Ford and other Domestic Brands Do Well In Latest Study;



Ford ranked the highest it ever has in the 13 years of a vehicle opinion study conducted by J.D. Power and Associates. GM also did well with several of its Chevy models that can be test driven at an Indiana Chevrolet Dealer ranking highly in the study. Ford and GM took some of the top spots for market segments that have never before been taken by either manufacturer due to foreign competitors dominating the studies over the past decade. Peoria VW sells Volkswagen models that also ranked very highly in the study for many segments.

Ford models that are used can be purchased at a Used Cars New Haven lot. Ford won five segment awards, more than any other brand, for the study that took into account customer satisfaction with vehicle design, performance, and features. The result of Ford's strong performance is not surprising.

Ford has made a major comeback in 2009 and 2010 with their latest models being some of the highest quality and reliable models that the company has ever produced. Ford has won several other awards for their production and the latest segment awards are signs that Ford's market shares are going to continue to improve.

Ford ranked highly in the study for the second year in a row, and it was the highest ranked non-luxury brand in initial quality in another recent study. Ford is showing that it can build defect free cars and other vehicles while giving customers a very satisfying and unique experience.

The study's findings may boost consumer confidence in the brand, and we will see if there is an increase in sales that follow the results. Although Ford has done well in the United States and Europe, overall markets have declined throughout both economies. Ford also has large markets in Brazil and China that are also growing.

Ford's best features include MyFordTouch touchscreen technology and entertainment, connectivity technology, massaging seats, ambient lighting, and some of the best sound quality. These features along with the top technology features of the brand add to vehicle comfort and the overall customer experience.

Wednesday, July 14, 2010

Ford Still Performing Well in Europe!



Ford is still performing well in Europe as the overall European auto market is declining. Ford's competitor models can be found at a Salem Chevrolet dealer. Ford models such as the Fiesta, Transit, Mondeo, and Galaxy have been performing well in several European countries such as the UK, Denmark, Ireland, Turkey, Hungary, Spain and several other countries. Ford models can be found at a Ford Los Angeles dealership. Other European automakers like Volkswagen and BMW are looking to continue to compete with Ford in the vehicle markets that have been traditionally dominated by other brands. VW models in the United States can be found at a Peoria Volkswagen dealership.

Ford's sales are up 32 percent from 2009 in Spain and the company has the number 2 best selling vehicle in Europe: the Ford Fiesta. The Fiesta has been a monumental success in Europe, selling more than 764,000 models sine its release and 873,000 models have been sold throughout the world.

The European market's decline has not really slowed Ford down in Europe, and Ford will look to continue to expand its product line in Europe for 2010. The vice president of marketing and sales for Ford Europe said, "In the first six months of 2010, Ford customers in Europe continued to be attracted by the appeal of our strongest-ever product range, and we will build upon this success in the rest of the year as we bring to market even more exciting new products and customer-focussed technologies."

The weakened market is due to economic problems in several European countries. The European economy recovery plan is not working yet for several countries, so like the United States, the European consumer has a lowered confidence in the economy and as a result is not buying as much.

Ford is now a market leader in the United Kingdom, Denmark, Ireland, Hungary, and Turkey, and it has increased its share of 6 out of 19 European vehicle markets. It is the leading import brand in Italy for the first half of 2010 and it has higher sales in many other European countries for 2010 than it had in 2009.

Monday, July 12, 2010

Smaller Ford Models are the New Craze;



Smaller vehicles such as the new Ford Fiesta and the new Ford Focus have become some of the most popular models on the market. Pre-owned Ford models can be found at a Durham Used Cars lot. Ford's other models have also been popular, but small cars have taken larger leads in market shares throughout the world and in the United States. The VW Jetta which is sold at Peoria Volkswagen is a popular small car model as well. Chevrolet is releasing the Chevy Cruze and the Cruze Eco which will be two of GM's largest attempts to break into the small car market in years. Those models will be sold at several Detroit Chevrolet dealers and at others throughout the nation.

Ford's Mustang and Focus have taken larger shares of the small car and sports car market. This is because both models are some of the most efficient models available.Americans are purchasing small cars in order to save money on fuel costs, and there are many more fans of smaller vehicles.

This is not like the traditional American car market that has been characterized by the domination of large market shares of gas guzzling models like SUVS, Hummers, pick-up trucks, and others. Economists suggest that Americans are purchasing these models due to lower confidence that gas prices will stay low. The gas price increases of 2007 and 2008 scared many Americans into selling their larger gas guzzling vehicles in exchange for more fuel efficient models.

It was during this period that gas prices began to decrease, however the American consumer was still not convinced that large vehicles were worth the purchase and maintenance cost. As a result, some large vehicle brands were discontinued like Hummer, whose sales numbers dropped after the gas price increases of 2008.

Small cars will compete with other models such as hybrids and electric vehicle models in terms of fuel efficient vehicle purchases. Small cars are a popular alternative at the moment because the cost of hybrid and electric models is much greater than for small vehicles. In the future, the cost for producing hybrid and electric models will decrease and we may see more purchases of these models over small cars.

Thursday, July 8, 2010

Ford's China Sales at an All-Time High!



Ford has performed very well in the Chinese automobile market over the past few years. Ford announced that for the first half of 2010, Ford has sold over 300,000 units in China. The sales increase is over 50 percent more than in 2009, and it is Ford's largest numbers in China thus far. Ford's partner, Mazda, also performed well in China with sales of over 200,000 units for the first half of 2010. Volkswagen models are sold at Peoria Volkswagen in America, and the automaker has also done well in the Chinese market.

GM, whose models can be found at a Sarasota Chevrolet dealer, has also performed well in China for the first half of 2010, and we may begin to see the traditional American rivalry for the auto market extend into China as well. Buick GMC Birmingham models have shown strong competition to Ford's models in China.

A Ford spokesperson noted that the company is pleased with its Chinese auto sales, and it hopes that the Chinese market continues to purchase Ford vehicles for their stability, fuel efficiency, and design. Ford has sold an increase of over 150,000 passenger cars in China this year as the brand's popularity increases. Ford's January to June sales for 2010 in China have been record breaking and are testimony to the strength of the Chinese auto market.

In particular, the Ford Fiesta has done quite well in the Chinese market. The Fiesta is also a top performer in Europe and is going to be introduced to the United States this year. The Fiesta is a subcompact vehicle that many younger generation singles and couples have purchased in China. The Fiesta has had the strongest increase in sales for Ford in China. The vehicle sold nearly 40,000 units for the first half of 2010, which is a gigantic increase of over 110 percent from 2009

Other units that have done well include the Ford Focus, Ford Mondeo, and Ford S-MAX, which have all shown increases in sales from 2009. Ford will continue to release models that are targeted to different segments of the Chinese market.

Monday, July 5, 2010

Mercury sales go up 26% for June 2010



Ford is selling off its Mercury inventory ahead of schedule as reported for the month of June. June's Mercury sales were up 26% from 2009, and Ford sold 9,250 Mercury vehicles in the month of June. Ford has set into action its plans to remove Mercury from its vehicle offerings and focus more on its luxury Lincoln brand which can be found at a Cincinnati Ford dealer. Competing Volkswagen and Honda models can be purchased at a discount during VW Deals or through dealer incentives at a Pittsburgh Honda dealer.

Previously, both Mercury and Lincoln were sold side by side at many dealerships, but since Lincoln had recently been outperforming Mercury by a wide margin, Ford found that Mercury was no longer an effective brand for its market. Ford has announced the development of several new and exciting Lincoln models such as the MKZ Hybrid which is the leading hybrid luxury model on the market, and many others over the next few years.

Ford is making moves to reduce nationwide Mercury inventories and announced that its June sales were ahead of schedule for the reduction. Ford is also consolidation formerly Mercury and Lincoln dealerships into solely Lincoln dealerships, and said that the consolidation was speeding up.

June 1 data showed that Ford had approximately 16,000 Mercury vehicles left to be sold. This was a 46 day supply of vehicles according to the rate of vehicle sales at the time. Ford had originally anticipated to sell off its remaining Mercury inventory by December 31st, but the inventory is being cleared out faster than expected.

There are 1,700 dealerships in the United States that sell Ford's Mercury brand, but it was in combination with other brands as there were never any dealerships that sold the Mercury brand alone. Lincoln stores have done better than the Mercury brand and there are numerous Lincoln only stores throughout the nation.