Ford Europe achives best car sales volume since 1997

RP news wires, Noria Corporation
Ford achieved its highest October market share and car sales volume since 1997 with total sales of 121,000 new vehicles and a market share of 8.8 percent in its 19 main European markets.

"This is the strongest October we've had in Europe for 12 years, and it shows we must be doing the right thing in the eyes of our customers," said Ingvar Sviggum, Ford of Europe's vice president for marketing, sales and service. "The key is having the right products at the right time for our customers, and this is why we're now the clear No.2 best-selling brand in the European auto industry."   

"What's more, we've also seen a dramatic increase in the quality of our sales. In October, 64 percent our car sales were to retail customers, compared to 48 percent in October 2008. Last month, 80 percent of Fiesta, 75 per cent of Ka and 70 percent of Kuga sales were to retail customers."  

Ford sales in October increased by 13,800 units, or 12.8 percent, compared to October 2008, whereas total industry sales in Ford's main 19 European markets improved by 6.8 percent. Ford's market share rose by 0.5 percentage points in comparison to October last year.

"Ford Ka sales continue to rocket in 2009 – year-to-date they’ve more than doubled. We've sold a total of 90,500 units this year, up by 48,300 compared to the first ten months of last year. Fiesta sales are now more than 500,000 units globally since the car was first launched in Europe last year," said Sviggum.

"Ford was market leader in the U.K., Ireland and Hungary, and import leader in France and Italy. Germany had its best October since 1998, with sales up 33 percent, or 6,000 units, last October – a really terrific performance given the backdrop of the ending of the scrappage scheme in the country."

"But we do need to balance this positive news with concerns for the future. Next year is still something of an unknown quantity, but our current forecast is for an industry between 13.0 and 14.5 million units. That's down roughly two million vehicles versus this year. Given the ongoing weakness in the European market, further actions are needed at both the national and EU level to help bolster consumer confidence and demand," Sviggum added.        

Year-to-date
Ford increased its share by 0.5 percentage points to 9.1 percent, the best October year-to-date share for Ford since 1999 in its main 19 European markets. Share was up in 16 out of the 19 main markets. 

In the first 10 months of 2009, Ford registered 1,218,100 vehicles in its 19 European markets, a reduction of 37,300 units or 3 percent lower than in the same period in 2008. This compares with a total industry decline of 8.1 percent in the same period. Year-to-date across its 51 markets, Ford of Europe sold 1,394,700 vehicles, a decrease of 155,000 units, or 10 percent fewer than in the same period in 2008.  

October Highlights

Market Performance:

Model Performance:

October Year-to-Date Highlights

Market Performance:

Model Performance:

October 2009 sales volume (in registrations)