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Ford outsells GM for the first time since 1998

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Old 03-02-2010, 05:50 PM   #1  
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Default Ford outsells GM for the first time since 1998

http://finance.yahoo.com/news/Feb-US...&asset=&ccode=

Despite some analysts' predictions of single-digit gains, sales rose 13 percent over last February and all major automakers but Toyota Motor Corp. reported higher U.S. sales. Most took customers from the Japanese automaker, which has been struggling with a series of massive safety recalls. Toyota's U.S. market share fell to 12.8 percent, its lowest level since July 2005, according to Ward's AutoInfoBank.

To win back sales, Toyota said it will offer zero-percent financing on most models this month plus two years of free maintenance to returning customers. General Motors Co. and Chrysler LLC matched the financing deals.

Toyota's U.S. sales fell 9 percent last month, besting some analysts' predictions that its sales would fall by double digits. Meanwhile Ford, GM, Nissan, Honda, Hyundai and BMW all reported double-digit growth compared with February 2009, at the depth of the recession. The gains might have been even higher without the blizzards that paralyzed the East Coast.

Ford's sales shot up 43 percent and the automaker outsold GM for the first time since August 1998, when GM was in the midst of a strike. Ford's gains were led by cars, which rose 54 percent, with sales of the midsize Fusion, a Toyota Camry rival, more the doubling. Those results included Volvo, which Ford is preparing to sell.


I also can't wait till Ford finally sells Volvo off. Jacquess the knife Nasser did some stupid stuff as Ford had no business going after some of these companies during that guy's reign.
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Old 03-02-2010, 10:09 PM   #2  
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And which of the big 3 US auto makers DIDN'T get federal bail out money?

FORD.
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Old 03-03-2010, 09:44 AM   #3  
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Glad to hear ford is doing well. They are only going to get better now that they are starting to build some decent cars (new focus, new fiesta, ecoboost taurus). Everything in the recent past has been so blah (except the high end stuff). Focus, fusion, 500. All boring.
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Old 03-03-2010, 09:58 AM   #4  
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Quote:
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And which of the big 3 US auto makers DIDN'T get federal bail out money?

FORD.
Who are the big 3 US auto makers?

You consider Chrysler a US automaker?
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Old 03-03-2010, 04:37 PM   #5  
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Who are the big 3 US auto makers?

You consider Chrysler a US automaker?
Yep. Just owned by a foreign company.
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Old 03-04-2010, 07:37 PM   #6  
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Originally Posted by sjt1985 View Post
Glad to hear ford is doing well. They are only going to get better now that they are starting to build some decent cars (new focus, new fiesta, ecoboost taurus). Everything in the recent past has been so blah (except the high end stuff). Focus, fusion, 500. All boring.
Ford has really gotten serious ever since Alan Mulally took over. I havn't seen the data, but I would bet that the number of conquest sales for Ford have grown sharply ever since they started making cars with a purpose once again. I am looking foward to their use of the Ecoboost setup in their 4 cylinder engines soon, as it should really provide a nice kick. That would especially be true if they can keep turbo lag nearly non existant like in the V6 versions.
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Old 03-23-2010, 08:51 PM   #7  
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I've always liked ford.
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Old 03-24-2010, 10:50 PM   #8  
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Quote:
Originally Posted by sjt1985 View Post
Glad to hear ford is doing well. They are only going to get better now that they are starting to build some decent cars (new focus, new fiesta, ecoboost taurus). Everything in the recent past has been so blah (except the high end stuff). Focus, fusion, 500. All boring.
It's nice to see that Ford has come up with some decent designs for their new cars. Quality seems to be important to them these days.
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