Ford Sales Flat — with Some Bright Spots

U.S. sales of new vehicles for September were flat compared with sales in September 2011, according to data released today by Ford Motor Co. (NYSE: F). Car sales were up 1.6% year-over-year and utility vehicle sales were up 8.7%, but truck sales dived 7.6%, primarily as a result of the company's discontinuation of its Ranger models.

The company's small car sales jumped 73% year-over-year, the company's best total for small car sales in 10 years. Other highlights include sales of Escape compact utility vehicles up 14% to a best-ever sales total for September of 23,148. The stalwart F-series pickups saw sales increase by just 1% to a total of 55,077, the most since September 2007. Sales of the company's flagship small car, the Ford Focus, were up 91%.

A Ford executive said:

Fuel economy remains one of the most important features customers want most today, and Ford is answering the call with five vehicles that deliver 40 mpg or better - with another three on the way by year-end.

Total sales were flat to last year, but retail sales rose 4%. Total car sales were up 2%, sales of utility vehicles were up 9% and trucks were down 9% due to the discontinuation of the Ranger model.

Ford shares are down 0.6% at $9.87 this morning in a 52-week range of $8.82 to $13.05.

Paul Ausick

Filed under: 24/7 Wall St. Wire, Autos Tagged: F
Read Full Story


NASDAQ 7,337.39 127.30 1.77%
S&P 500 2,747.30 43.34 1.60%
DJIA 25,309.99 347.51 1.39%
NIKKEI 225 21,892.78 156.34 0.72%
HANG SENG 31,267.17 301.49 0.97%
DAX 12,483.79 21.88 0.18%
USD (per EUR) 1.23 0.00 0.01%
USD (per CHF) 0.94 0.00 0.03%
JPY (per USD) 106.87 0.01 0.00%
GBP (per USD) 1.40 0.00 0.00%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.