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    June 2012 - Ford


    Ford Motor Company June and Year-to-Date Sales Up 7%; Escape Sales Best Ever, While Fusion Posts June Record


    • Ford Motor Company’s year-to-date U.S. sales through June increase 7 percent, totaling 1.14 million vehicles; June sales increase 7 percent from last year at 207,759 vehicles sold

    • Ford Escape sales increase 28 percent – the vehicle’s best month ever; the all-new 2013 Escape is selling on dealer lots in less than five days

    • Ford Fusion sales in June increase 17 percent – the best June sales performance ever

    • Ford Explorer sales up 35 percent in June and 15 percent year to date

    • Ford F-Series sales top 50,000 – the best June sales performance in five years, with 55,025 pickups sold

    DEARBORN, Mich., July 3, 2012 – Ford Motor Company’s U.S. sales are up 7 percent so far this year, with 1.14 million vehicles sold. June sales also increased 7 percent from last year, with 207,759 vehicles sold.

    Ford sales are increasing across the company’s lineup – with cars up 3 percent, utilities up 9 percent and trucks up 9 percent year to date.

    In June, the Ford Escape set an any-month record – with sales up 28 percent – while the Ford Fusion set a record for June. Ford Explorer sales were up 35 percent from last year, and F-Series sales are up 11 percent and topped 50,000 for the first June in five years.

    “June was a good month for Ford and a particularly strong month for vehicles like Escape, Fusion, Explorer and F-Series,” said Ken Czubay, Ford vice president, U.S. Marketing, Sales and Service. “The new 2013 Escape also is off to a very strong start, with vehicles selling on dealer lots in less than five days – even topping the strong start of the new Explorer in 2010.”

    Fusion has posted four months in a row of sales records, including its best June result ever with 24,433 vehicles sold – a 17 percent increase from last year. In the first half of this year, Fusion sales are up over last year’s record first half by 4 percent, with 136,849 vehicles sold.

    Other sales milestones in June: Explorer sales are up 35 percent; Edge sales are up 6 percent; and America’s top-selling vehicle for 30 years, the F-Series, sold 55,025 pickups. F-Series remains America’s number one selling vehicle in the first half of 2012.

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    Jeez, some of us were rationalizing the outgoing Escape's hotness by saying people had seen the new version and did not like it. Now it becomes apparent that Fusion sales, which have been pretty good all along, are spiking as well after the new 2013 model made its internet and show debut.

    Fusion outsells Focus, that is a surprise to me. And Focus sales have cooled. That sounds like trouble bewing for such a new design.

    Fiesta, as nice a car as it is, needs updates soon. I think Fiesta and Focus sales are being held back by that junk automanual transmission they're using. Solution: just buy the manual, it's much more fun anyway! A proper automatic transmission is needed in those cars NOW.

    I am not satisfied with Ford's claim that people were buying Rangers only because they were cheap. Whoever was in charge of that research should be fired, and saying the Fiesta was the effective replacement? LAUGHABLE. A modern replacement for the Ranger would be a guaranteed hit... it is a Ford truck, for heaven's sake, that's gold right there. Perhaps a new small pickup and van sharing a platform to replace the Ranger and Transit Connect?

    Lincoln... how sad. All that bluster on Ford's part about revitalization seems so long ago. I know it takes time to make good on such promises, but what to do until then? The new MKZ will never save this brand, and we've heard nothing else concrete about new vehicles coming in the next year or so.

    Edited by ocnblu
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    Big things in the works for Lincoln, hope it's not stillborn........major incentives on them last month.

    Maybe Lincoln needs to bring back model names?

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    Yup, around here, there are $4,750 in incentives for Fusion plus an additional $500 college grad/private offer/military rebate.

    Average transaction prices for Focus are going up. Ford says 1-in-4 new Focus buyers have household incomes of over $100K.

    I don't have the data with me, but considering Focus incentives here are $1,500, comparably equipped Fusions are likely going for the same price.

    Volume is nice, but at the end of the day, profitability is what matters, and Ford's upmarket approach certainly helps with that. It builds the brand's image as well.

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    • By William Maley
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      Source: Bloomberg, Reuters, Automotive News (Subscription Required), General Motors, PSA Group
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      “We are confident that the Opel/Vauxhall turnaround will significantly accelerate with our support, while respecting the commitments made by GM to the Opel/Vauxhall employees,” continued Mr. Tavares.
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      Additional Information
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      The transaction includes all of Opel/Vauxhall’s automotive operations, comprising Opel and Vauxhall brands, six assembly and five component-manufacturing facilities, one engineering center (Rüsselsheim) and approximately 40,000 employees. GM will retain the engineering center in Torino, Italy.
      Opel/Vauxhall will also continue to benefit from intellectual property licenses from GM until its vehicles progressively convert to PSA platforms over the coming years.
      In connection with the transaction, GM will take a primarily non-cash special charge of $4.0-4.5 Bn.
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      Closing Conditions
      The transaction is subject to various closing conditions, including regulatory approvals and reorganizations, and is expected to close before the end of 2017.
      Warrants
      The issuance of the warrants is subject to the vote of shareholders at PSA’s General Meeting of May 10th, 2017. The three main shareholders of PSA (the French State, the Peugeot family and DongFeng) representing in aggregate 36.6% of the share capital and 51.5%7 of the voting rights of PSA have undertaken to vote in favor of the resolution related to the issuance of the warrants to GM. In the event the warrant issuance reserved to GM and its affiliates is not approved by PSA’s General Meeting, PSA will settle the €0.65 Bn in cash over five years.
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      GMC - Up 17.2% (46,339 Vehicles Sold This Month, 83,663 Vehicles Sold This Year)
      Honda - Up 4.3% (110,822 Vehicles Sold This Month, 208,000 Vehicles Sold This Year)
      Hyundai - 
      Infiniti - Up 32.5% (13,737 Vehicles Sold This Month, 25,295 Vehicles Sold This Year)
      Jaguar - Up 130.4% (3,484 Vehicles Sold This Month, 6,423 Vehicles Sold This Year)
      Jeep - Down 15% (62,345 Vehicles Sold This Month, 120,760 Vehicles Sold This Year)
      Kia - Down 14.2% (42,673 Vehicles Sold This Month, 78,299 Vehicles Sold This Year)
      Land Rover - Down 10.4% (5,747 Vehicles Sold This Month, 11,910 Vehicles Sold This Year)
      Lexus - Down 20.6% (18,338 Vehicles Sold This Month, 33.910 Vehicles Sold This Year)
      Lincoln - Up 8.8% (8,744 Vehicles Sold This Month, 17,529 Vehicles Sold This Year)
      Maserati - Up 49% (1,087 Vehicles Sold This Month, 26,942 Vehicles Sold This Year)
      Mazda - Up 5.9% (22,824 Vehicles Sold This Month, 44,522 Vehicles Sold This Year)
      Mercedes-Benz - Up 6.9% (24,522 Vehicles Sold This Month, 50,049 Vehicles Sold This Year)
      Mercedes-Benz Vans - Up 10.8% (2,513 Vehicles Sold This Month, 4,562 Vehicles Sold This Year)
      MINI - Down 24.1% (2,154 Vehicles Sold This Month, 5,264 Vehicles Sold This Year)
      Mitsubishi - Up 38.8% (10,924 Vehicles Sold This Month, 17,381 Vehicles Sold This Year)
      Nissan - Up 1.2% (122,003 Vehicles Sold This Month, 222,764 Vehicles Sold This Year)
      Porsche - Up 2.1% (3,637 Vehicles Sold This Month, 8,239 Vehicles Sold This Year)
      Ram Trucks - Up 4% (42,785 Vehicles Sold This Month, 80,830 Vehicles Sold This Year)
      Smart - Down 17.5% (348 Vehicles Sold This Month, 672 Vehicles Sold This Year)
      Subaru - Up 8.3% (45,500 Vehicles Sold This Month, 89,379 Vehicles Sold This Year)
      Toyota - Up 5.4% (156,001 Vehicles Sold This Month, 283,447 Vehicles Sold This Year)
      Volkswagen - Up 12.65% (25,145 Vehicles Sold This Month, 48,655 Vehicles Sold This Year)
      Volvo - Down 11.6% (4,651 Vehicles Sold This Month, 8,123 Vehicles Sold This Year)

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