Soundbites: June 2011 Sales
Ford’s June sales totaled 194,114, up 14 percent versus a year ago. Cars and utilities posted the largest gains, while trucks also posted increases, rebounding from May. Ford Motor Company Sales analyst, George Pipas says the month of June has put Ford back on track.
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“The sales improvement in the month of June compared with last year is more consistent with the kinds of results, that we were delivering, the kinds of growth we were delivering in the first four months of the year.” :11 sec. |
Pipas says the encouraging sign for our economy comes from the balanced contribution of car, utilities and truck sales. |
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“We have balanced contributions from cars and utilities, that’s where we saw the biggest increases, but it was also nice to see all of the products in the truck category, from F-Series to Transit Connect, Ranger and the Econoline all post increases. So, I think that is an indication that the economy still has some legs and that we’re still seeing some growth in the U.S. economy.” :26 |
The Ford F-Series truck remains the number one selling vehicle in the United States , inspite of gas prices spiking at 4-dollars-plus, a gallon. |
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“F-series posted a seven percent increase, versus a year ago, it’s still the best selling vehicle, car or truck in the United States now that we’ve pasted the mid-way point of the year, and once again for the second month in a row, the new V-6 engines have outsold the V-8’s in the F-150 and that hasn’t happened, we double checked, that hasn’t happened since the mid-80’s so that’s a pretty remarkable accomplishment.” :23 sec. |
Both Ford Fiesta and the Ford Focus combined have accounted for 40-percent of the growth seen in U.S. sales in 2011 against the first six months of a year ago. |
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“Both cars were named Kelly Blue books 2011 top-10 coolest cars under 18-thousand dollars, and it occurred to me a few years ago that no one would have thought that Ford would have two cars on a list of cool cars.” :16 sec. |
When it comes to luxury cars, Lincoln, according to Pipas, is holding its own. |
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“Lincoln sales were up 19 percent, this month and the retail sales in the first 6 months of the year are up slightly, and we’ve seen some modest growth in the Lincoln brand this year and I think that we’re on a path that is going to make Lincoln more relevant in the United States to American Luxury buyers.” |
Ford Motor Company’s sales forecast for 2011 remains steadfast at 13 to 13.5 million units….and Pipas believes the truck sales are a good barometer of The U.S. economy. |
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“As I said earlier, our trucks had a very strong month, one of the best months we’ve had in the last three years, and so that’s a really good indication of business activity and business confidence, because they would be reluctant to make investments if they didn’t believe that the economy was going to continue to expand.” :18 sec. |
Year-to-date, total sales are 1.07 million, up 12 percent, Retail sales were up 14 percent and fleet sales were up 9 percent. |
