Jump to content
Sign in to follow this  
William Maley

July 2015: Ford Motor Company

Recommended Posts

FORD POSTS BEST JULY U.S. SALES PERFORMANCE IN NINE YEARS ON STRONG DEMAND FOR ITS NEWEST VEHICLES

  • Total Ford Motor Company U.S. sales up 5 percent last month – its best July since 2006; retail sales up 5 percent
  • Ford F-Series has best July retail sales results in nine years, while still delivering record average transaction pricing; Ford commercial vans post best July sales in 15 years
  • Ford brand SUV sales up 11 percent last month for best July sales performance in 10 years. Sales of new Ford Explorer increase 27 percent, all-new Ford Edge up 17 percent, Ford Escape up 10 percent – an all-time July sales record
  • Fusion achieves best July ever; Mustang has best July performance since 2008
  • Lincoln brand delivers best July sales results in a decade, driven by strong demand for its newest SUVs, which post best July sales since 2001

DEARBORN, Mich., Aug. 3, 2015 – Strong demand for its newest products lifted Ford Motor Company to its best July U.S. sales performance since 2006, with a total of 222,731 vehicles sold last month. Retail sales increased 5 percent.

 

“We continue seeing even stronger demand for our newest products, especially F-150, Explorer, Edge, Mustang and Transit,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “With continued improvement in inventory, F-Series retail momentum continued building in July. Customers truly value the new F-150’s capability, performance and fuel efficiency.”

 

F-Series retail sales are up 13 percent, providing the best July retail results since 2006, even with continued all-time record transaction pricing – up $3,200 versus a year ago.

 

Van sales increased 14 percent last month with a total of 16,090 vehicles sold. The all-new Transit, which posted sales of 8,025 vehicles for July, drove Ford’s commercial van business to 15-year sales highs.

 

Ford brand SUV sales of 67,282 vehicles represent an 11 percent increase over year-ago levels, delivering the best July sales results since 2005 Escape sales increased 10 percent, with 29,253 vehicles sold, representing an all-time July sales record.

 

Explorer momentum continued with 21,361 sales – a 27 percent increase. All-new Edge performance contributed to the increase as well, with sales up 17 percent for July. Edge and Explorer are turning fast on dealer lots at just 18 days and 13 days, respectively.

 

Fusion sales of 25,105 vehicles last month, posted an increase of 5 percent, marking Fusion’s best July sales performance ever. With 8,482 cars sold, Mustang sales increased 29 percent compared to a year ago. Southern California, America’s largest sports car region, continues to drive Mustang performance, with retail sales up 81 percent in July. 

 

Lincoln sales increased 21 percent versus a year ago – the luxury brand’s best July results in a decade. Lincoln MKC was up 60 percent, while the new Navigator saw a 24 percent gain relative to a year ago. The all-new Lincoln MKX delivered a 27 percent increase, turning on dealer lots in just six days.

 

Share this post


Link to post
Share on other sites

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Who's Online   0 Members, 0 Anonymous, 18 Guests (See full list)

    There are no registered users currently online



  • Similar Content

    • By William Maley
      Last week, Ford halted production of their F-Series pickup after a fire ravaged a supplier's plant in Southwestern Michigan. While Ford and supplier Meridan said everything was ok, analysts said it the shutdown could hurt Ford if it lasted more than a week. Last night, Ford announced that it would restart production of the F-150 at their Dearborn plant on Friday. Production at Kansas City and Louisville will come back online on Monday.
      Getting to this point took a lot of work for both Ford and Meridan. According to Automotive News, Ford was the first automaker on site after the fire and was able to retrieve all of the tooling over a 48-hour period. One of dies used was shipped to Meridan's plant in Nottingham, UK. To get it there was a bit of a challenge since it weighs 87,000 pounds. Ford was able to charter an Antonov cargo plane (one of just 21 planes in the world that handle this task) and get it shipped to the UK in just 30 hours.
      Faced with unexpected adversity, the Ford team, including our global supply partners, showed unbelievable resiliency, turning a devastating event into a shining example of teamwork. Thanks to their heroic efforts, we are resuming production of some of our most important vehicles ahead of our original targets," said Hau Thai-Tang, Ford's executive vice president of product development and purchasing in a statement.
      Ford declined to say how much production was lost during the shutdown. James Albertine, an analyst with Consumer Edge Research said the week before that Ford could lose up to 15,000 trucks due per week due to the shutdown.
      The company is planning to make up for some of the lost production by shortening the summer shutdown at the Dearborn and Kansas City plants.
      Source: Automotive News (Subscription Required), Ford


      Ford Restarting F-150, Super Duty Production Ahead Of Schedule After Fire At Magnesium Parts Supplier
      Ford is resuming production of the F-150 pickup at Dearborn Truck Plant on Friday. Ford team has also successfully repaired the supply chain for Super Duty; production targeted to restart by Monday for Super Duty at Kentucky Truck Plant and F-150 at Kansas City Assembly Plant Ford marshaled a global team of experts, that included partners and suppliers, following a May 2 fire at Meridian Magnesium Products in Eaton Rapids, Mich., to quickly refurbish and relocate tooling needed to produce parts for the Ford F-150, Super Duty and five other vehicles – Ford Expedition, Explorer, Flex and Lincoln Navigator and MKT Because of this quick action, Meridian is producing truck parts again at its Eaton Rapids facility. Plus, Ford airlifted tooling to a Meridian facility in the U.K. to produce parts for F-150, which will further speed production ramp-up Ford Expedition, Explorer, Flex and Lincoln Navigator and MKT production continue uninterrupted Company reaffirms 2018 adjusted EPS guidance range of $1.45 to $1.70; expects adverse impact of $0.12 to $0.14 per share in second quarter due to lost production DEARBORN, Mich., May 16, 2018 – Ford Motor Company is restarting production of the popular F-150 at Dearborn Truck Plant Friday after just over one week of downtime. The company has also successfully repaired the supply chain for Super Duty, with production targeted to restart by Monday at the Kentucky Truck Plant as well as the Kansas City Assembly Plant that also makes F-150 pickups.
      This follows the massive May 2 fire at the Meridian Magnesium Products facility in Eaton Rapids, Mich.
      “While the situation remains extremely dynamic, our teams are focused on returning our plants to full production as fast as possible,” said Joe Hinrichs, Ford president, Global Operations. “The ramp-up time to full production is improving every day.”
      Ford teams, together with suppliers including Walbridge and other contractors, worked nearly around the clock to get America’s best-selling vehicle franchise back on line as quickly as possible.
      The teams removed 19 dies from Meridian’s badly damaged facility, and in one case, moved an 87,000-pound die from Eaton Rapids, Mich., to Nottingham, U.K., via an Antonov cargo plane – one of the largest in the world – in just 30 hours door-to-door. A die is a tool used to cut or shape material using a press.
      “Faced with unexpected adversity, the Ford team, including our global supply partners, showed unbelievable resiliency, turning a devastating event into a shining example of teamwork,” said Hau Thai-Tang, Ford’s executive vice president of Product Development and Purchasing. “Thanks to their heroic efforts, we are resuming production of some of our most important vehicles ahead of our original targets.”
      Work started immediately in the aftermath of the May 2 fire. Teams removed and remediated safety concerns – including dangling siding – and restored electricity, gaining approval to access the site while debris still smoldered inside.
      This allowed Ford and Meridian to safely retrieve and relocate tools to more quickly resume part production and work to minimize the financial impact of the stalled plants.
      Ford recovered, repaired and validated most dies that were at the Eaton Rapids facility, and Meridian is now producing parts for the F-150 at two locations – Eaton Rapids and Nottingham, U.K. Production of bolsters for Super Duty is also restarting at the Eaton Rapids plant.
      Under normal circumstances, moving tooling the size of a bolster die would take approximately 10 days just to get the proper import and export approvals. However, Ford and its suppliers managed to cut the total time for the entire move to 30 hours, including trans-Atlantic flight time.
      When the team removed the die from the Eaton Rapids factory, it was shipped to Rickenbacker International Airport in Columbus, Ohio. Rickenbacker had both the capacity to handle such a large piece of equipment and allowed an Antonov An-124 Russian plane, one of the largest planes in the world – typically used to transport trains, dump trucks and even a 25-foot sea yacht – to take off as soon as the equipment was loaded.
      Nearly 4,000 miles away, a team in Nottingham was waiting to receive the die and take it to Meridian’s nearby factory. In between, the Ford team received a U.K. import license for the die – a mere two hours before the plane touched down.
      Parts produced at Nottingham are being shipped via daily flights on a Boeing 747 jet until production in Eaton Rapids returns to pre-fire levels.
      Inventories of Ford’s best-selling F-Series pickups and other vehicles remain strong and customers won’t have a problem finding the model they want.

      View full article
    • By William Maley
      Last week, Ford halted production of their F-Series pickup after a fire ravaged a supplier's plant in Southwestern Michigan. While Ford and supplier Meridan said everything was ok, analysts said it the shutdown could hurt Ford if it lasted more than a week. Last night, Ford announced that it would restart production of the F-150 at their Dearborn plant on Friday. Production at Kansas City and Louisville will come back online on Monday.
      Getting to this point took a lot of work for both Ford and Meridan. According to Automotive News, Ford was the first automaker on site after the fire and was able to retrieve all of the tooling over a 48-hour period. One of dies used was shipped to Meridan's plant in Nottingham, UK. To get it there was a bit of a challenge since it weighs 87,000 pounds. Ford was able to charter an Antonov cargo plane (one of just 21 planes in the world that handle this task) and get it shipped to the UK in just 30 hours.
      Faced with unexpected adversity, the Ford team, including our global supply partners, showed unbelievable resiliency, turning a devastating event into a shining example of teamwork. Thanks to their heroic efforts, we are resuming production of some of our most important vehicles ahead of our original targets," said Hau Thai-Tang, Ford's executive vice president of product development and purchasing in a statement.
      Ford declined to say how much production was lost during the shutdown. James Albertine, an analyst with Consumer Edge Research said the week before that Ford could lose up to 15,000 trucks due per week due to the shutdown.
      The company is planning to make up for some of the lost production by shortening the summer shutdown at the Dearborn and Kansas City plants.
      Source: Automotive News (Subscription Required), Ford


      Ford Restarting F-150, Super Duty Production Ahead Of Schedule After Fire At Magnesium Parts Supplier
      Ford is resuming production of the F-150 pickup at Dearborn Truck Plant on Friday. Ford team has also successfully repaired the supply chain for Super Duty; production targeted to restart by Monday for Super Duty at Kentucky Truck Plant and F-150 at Kansas City Assembly Plant Ford marshaled a global team of experts, that included partners and suppliers, following a May 2 fire at Meridian Magnesium Products in Eaton Rapids, Mich., to quickly refurbish and relocate tooling needed to produce parts for the Ford F-150, Super Duty and five other vehicles – Ford Expedition, Explorer, Flex and Lincoln Navigator and MKT Because of this quick action, Meridian is producing truck parts again at its Eaton Rapids facility. Plus, Ford airlifted tooling to a Meridian facility in the U.K. to produce parts for F-150, which will further speed production ramp-up Ford Expedition, Explorer, Flex and Lincoln Navigator and MKT production continue uninterrupted Company reaffirms 2018 adjusted EPS guidance range of $1.45 to $1.70; expects adverse impact of $0.12 to $0.14 per share in second quarter due to lost production DEARBORN, Mich., May 16, 2018 – Ford Motor Company is restarting production of the popular F-150 at Dearborn Truck Plant Friday after just over one week of downtime. The company has also successfully repaired the supply chain for Super Duty, with production targeted to restart by Monday at the Kentucky Truck Plant as well as the Kansas City Assembly Plant that also makes F-150 pickups.
      This follows the massive May 2 fire at the Meridian Magnesium Products facility in Eaton Rapids, Mich.
      “While the situation remains extremely dynamic, our teams are focused on returning our plants to full production as fast as possible,” said Joe Hinrichs, Ford president, Global Operations. “The ramp-up time to full production is improving every day.”
      Ford teams, together with suppliers including Walbridge and other contractors, worked nearly around the clock to get America’s best-selling vehicle franchise back on line as quickly as possible.
      The teams removed 19 dies from Meridian’s badly damaged facility, and in one case, moved an 87,000-pound die from Eaton Rapids, Mich., to Nottingham, U.K., via an Antonov cargo plane – one of the largest in the world – in just 30 hours door-to-door. A die is a tool used to cut or shape material using a press.
      “Faced with unexpected adversity, the Ford team, including our global supply partners, showed unbelievable resiliency, turning a devastating event into a shining example of teamwork,” said Hau Thai-Tang, Ford’s executive vice president of Product Development and Purchasing. “Thanks to their heroic efforts, we are resuming production of some of our most important vehicles ahead of our original targets.”
      Work started immediately in the aftermath of the May 2 fire. Teams removed and remediated safety concerns – including dangling siding – and restored electricity, gaining approval to access the site while debris still smoldered inside.
      This allowed Ford and Meridian to safely retrieve and relocate tools to more quickly resume part production and work to minimize the financial impact of the stalled plants.
      Ford recovered, repaired and validated most dies that were at the Eaton Rapids facility, and Meridian is now producing parts for the F-150 at two locations – Eaton Rapids and Nottingham, U.K. Production of bolsters for Super Duty is also restarting at the Eaton Rapids plant.
      Under normal circumstances, moving tooling the size of a bolster die would take approximately 10 days just to get the proper import and export approvals. However, Ford and its suppliers managed to cut the total time for the entire move to 30 hours, including trans-Atlantic flight time.
      When the team removed the die from the Eaton Rapids factory, it was shipped to Rickenbacker International Airport in Columbus, Ohio. Rickenbacker had both the capacity to handle such a large piece of equipment and allowed an Antonov An-124 Russian plane, one of the largest planes in the world – typically used to transport trains, dump trucks and even a 25-foot sea yacht – to take off as soon as the equipment was loaded.
      Nearly 4,000 miles away, a team in Nottingham was waiting to receive the die and take it to Meridian’s nearby factory. In between, the Ford team received a U.K. import license for the die – a mere two hours before the plane touched down.
      Parts produced at Nottingham are being shipped via daily flights on a Boeing 747 jet until production in Eaton Rapids returns to pre-fire levels.
      Inventories of Ford’s best-selling F-Series pickups and other vehicles remain strong and customers won’t have a problem finding the model they want.
    • By William Maley
      Yesterday, Ford held its annual shareholder meeting and executives were once again defending the decision to cut most of their car lineup and focusing on trucks and utility vehicles. Automotive News reports that shareholders questioned CEO Jim Hackett and Executive Chairman Bill Ford about the move and the two said the changes are necessary due to the changing tastes of customers. Ford expects 90 percent of its North American mix to be made up of trucks and utility models by 2020. 
      "This doesn't mean we intend to lose those customers. We want to give them what they're telling us they really want. We're simply reinventing the American car," said Hackett.
      "We don't want anyone to think we're leaving anything. We're just moving to a modern version. This is an exciting new generation of vehicles coming from Ford."
      Bill Ford blamed the media coverage for the negative reaction to this move. The company officially made the announcement during their first-quarter earnings reports, but rumors of this move had been floating around for over a year.
      "I wish the coverage had been a little different. If you got beyond the headline, you'll see we're adding to our product lineup and by 2020 we'll have the freshest showroom in the industry. The headlines look like Ford's retreating. In fact, nothing could be further from the truth."
      We have to think a fair amount of this 'negative' media coverage comes from Ford comes from the lack of information concerning the future of Ford's entry-level lineup and Lincoln. Ford's entry-level crossover is the EcoSport which begins at $19,995 and only returns EPA figures of 27 City/29 Highway/28 Combined (23/25/29 for the AWD model), which will push some buyers away. We don't know if Ford is planning an update to the EcoSport to boost fuel economy figures or has another model in the cards to sit underneath the EcoSport.
      Lincoln's future is murkier. The only comment made about the brand was by Hackett, saying the Continental (only introduced two years ago) would continue "through its life cycle". This is leading a fair number of people to think the Continental's days are numbered.
      For now, Ford is focusing on their $25.5 billion cost-cutting goal by 2022 and getting those trucks and SUVs out the door. The hope is this will help Ford's stock price, which has been a major point of contention with shareholders for many years.
      "I share your frustration. The whole management team does. Look, we want to get the stock price moving. The business can get fitter, and it will get fitter," said Bill Ford.
      Source: Automotive News (Subscription Required)

      View full article
    • By William Maley
      Yesterday, Ford held its annual shareholder meeting and executives were once again defending the decision to cut most of their car lineup and focusing on trucks and utility vehicles. Automotive News reports that shareholders questioned CEO Jim Hackett and Executive Chairman Bill Ford about the move and the two said the changes are necessary due to the changing tastes of customers. Ford expects 90 percent of its North American mix to be made up of trucks and utility models by 2020. 
      "This doesn't mean we intend to lose those customers. We want to give them what they're telling us they really want. We're simply reinventing the American car," said Hackett.
      "We don't want anyone to think we're leaving anything. We're just moving to a modern version. This is an exciting new generation of vehicles coming from Ford."
      Bill Ford blamed the media coverage for the negative reaction to this move. The company officially made the announcement during their first-quarter earnings reports, but rumors of this move had been floating around for over a year.
      "I wish the coverage had been a little different. If you got beyond the headline, you'll see we're adding to our product lineup and by 2020 we'll have the freshest showroom in the industry. The headlines look like Ford's retreating. In fact, nothing could be further from the truth."
      We have to think a fair amount of this 'negative' media coverage comes from Ford comes from the lack of information concerning the future of Ford's entry-level lineup and Lincoln. Ford's entry-level crossover is the EcoSport which begins at $19,995 and only returns EPA figures of 27 City/29 Highway/28 Combined (23/25/29 for the AWD model), which will push some buyers away. We don't know if Ford is planning an update to the EcoSport to boost fuel economy figures or has another model in the cards to sit underneath the EcoSport.
      Lincoln's future is murkier. The only comment made about the brand was by Hackett, saying the Continental (only introduced two years ago) would continue "through its life cycle". This is leading a fair number of people to think the Continental's days are numbered.
      For now, Ford is focusing on their $25.5 billion cost-cutting goal by 2022 and getting those trucks and SUVs out the door. The hope is this will help Ford's stock price, which has been a major point of contention with shareholders for many years.
      "I share your frustration. The whole management team does. Look, we want to get the stock price moving. The business can get fitter, and it will get fitter," said Bill Ford.
      Source: Automotive News (Subscription Required)
    • By William Maley
      A fire at a supplier's plant last week is causing some headaches for Ford. The company has halted production of the F-150 at Kansas City Assembly Plant, and F-Series Super Duty at Kentucky Truck and Ohio Assembly due to a parts shortage. F-150 production at Ford's Dearborn plant is expected to be idled either today or tomorrow.
      The supplier, Meridian Lightweight Technologies makes instrument panel components for the F-Series trucks. Last Wednesday, the company's factory in Eaton Rapids, Michigan caught fire. The cause is still being investigated, but the Lansing State Journal reports the fire started in an area known as the "tunnel," a place where workers put magnesium scraps on a conveyor belt to be melted down. The fire caused a number of explosions to take place in the factory. Two people were injured and 150 workers were evacuated.
      The situation at the moment is ok according to Ford and analysts if the shutdown only lasts a week. There is an 84-day supply of trucks and Ford is working with Meridan to figure out the “next steps.” But as AutoPacific analyst Dave Sullivan points out, this could cause some serious problems for Ford if it lasts more than a week.
      "They should be able to weather a short-term shutdown. But if this goes longer than a week, it could really hurt second-quarter performance," Sullivan tells the Free Press.
      Ford isn't the only automaker that is being affected by this.
      General Motors has halted production of the Chevrolet Express and GMC Savana at their Wentizville assembly plant in Missouri. FCA told Automotive News that the fire has affected the output of the Chrysler Pacifica, built at their Windsor, Ontario plant. They are "adjusting production schedules as needed to minimize plant downtime (and) will make up any lost production." Mercedes-Benz in a statement said, "we have cancelled production shifts in certain areas and adjusted production hours for our team members this week," at their Vance, Alabama plant - home to C-Class, GLE-Class, GLE-Coupe, and GLS-Class production. BMW told Automotive News that production of the X5 at their South Carolina plant will be affected somewhat, but their current supply of parts should keep them running for the time being. Source: Automotive News (Subscription Required), Detroit Free Press, Lansing State Journal

      View full article
  • My Clubs

  • Recently Browsing

    No registered users viewing this page.

  • Reader Rides

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.