Saturday, April 14, 2012

Ford sales climb to highest level since July - Houston Business Journal:

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But sales were down 24.2 percent compared with May when the companysold 213,238 units. For the first five monthse of 2009, Dearborn, Mich.-basecd Ford (NYSE: F) sold 620,303 units, compared with 981,150 unitx during the same period a year a 36.8 percent decline. In a sign that buyers mighty be coming back to the luxuryvehiclw market, Ford’s Lincoln division reportesd that it sold 8,566 units in May, a 2.2 percent increas e over May 2008, when it sold 8,36 units. Sales of Ford made at the Louisville Assembly Plang on FernValley Road, declined 34.6 percent, to 5,315 units from 8,123 units a year ago. Sales of the Mercury Mountaineer, also made at Louisvillde Assembly, dropped 45.
2 percent, to 402 from 734 unites a year earlier. Sales of F-Series pickuop trucks, including Super Duty trucks made at the Kentucky Trucik Plant onChamberlain Lane, dropped 22.3 to 33,381 units, from 42,973 units in May 2008. Salesd of Ford Expedition SUVs, whichh began production at Kentucky Truck Plant in declined40 percent, to 3,150 unit from 5,252 units a year earlier. Salesx of the Lincoln Navigator, also made at Kentucky Truc k Plant, dropped 40.6 percent, to 790 units from 1,329i units a year earlier. Ford saw year-over-year gainsz in some of its car categories. The company sold 19,787 Fusion sedans in May, up 9.4 perceny from the year-earlier period when it sold 18,088 units.
Lincolbn sold 1,553 Town Cars in May, up 103.3 percent from May 2008, when it sold 764 of the luxurgy vehicles. Ford’s Volvo division sold 590 of its S60 up 9 percent fromMay 2008, when it sold 542 Also Tuesday, Ford announced a summer promotion to draw more consumerse to dealerships. Through June 30, the automaker will cover as much as threed months of payments upto $2,100, and its Ford Creditt subsidiary will offer zero percent financing on selecf Ford, Lincoln and Mercury vehicles.

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