×

 

Ford's year-over-year sales declined 16% in May

RP news wires, Noria Corporation

In May, Ford Motor Company's crossover sales were lower than a year ago but remained at high levels as sales for the Ford Escape and Edge, Mercury Mariner and Lincoln MKX were among the highest recorded. During the past two years, sales growth for the company's crossovers has outpaced the industry.

The company's gains in the small and mid-size car market are helping to mitigate sharp declines among traditional SUVs (down 44 percent), and trucks and vans (down 29 percent) as well as lower sales to daily rental companies (down 30 percent).

Ford, Lincoln and Mercury sales totaled 206,000 in May, down 16 percent compared to May 2007.

Total Ford Motor Company sales, including Jaguar, Land Rover and Volvo, were 217,998, also down 16 percent.

North American Production
On June 3, the company confirmed the production plans it previously announced on May 22. The second-quarter production plan is 690,000 units. The third-quarter plan is 525,000 units, in the middle of the range the company announced May 22. The fourth-quarter production plan continues to be in the range of 590,000 to 630,000 units.

FORD MOTOR COMPANY MAY 2008 U.S. SALES
 
May
%
 
Year-To-Date
%
 
2008
2007
Change
 
2008
2007
Change
Ford, Lincoln Mercury
Sales By Brand
Ford
184,042
212,572
-13.4
833,856
920,713
-9.4
Mercury
13,593
18,178
-25.2
60,938
79,532
-23.4
Lincoln
8,365
13,880
-39.7
47,176
60,839
-22.5
Total Ford, Lincoln Mercury
206,000
244,630
-15.8
941,970
1,061,084
-11.2
Sales By Type
Cars
85,542
82,412
3.8
335,336
352,819
-5.0
Crossover Utility Vehicles
39,097
42,174
-7.3
179,151
166,036
7.9
Sport Utility Vehicles
15,437
27,755
-44.4
86,044
122,618
-29.8
Pickup Trucks and Vans
65,924
92,289
-28.6
341,439
419,611
-18.6
Total Ford, Lincoln Mercury
206,000
244,630
-15.8
941,970
1,061,084
-11.2
Jaguar
1,757
1,379
27.4
7,021
7,051
-0.4
Land Rover
3,003
4,269
-29.7
14,292
18,682
-23.5
Volvo
7,238
9,192
-21.3
39,180
44,236
-11.4
Total Ford Motor Company
217,998
259,470
-16.0
1,002,463
1,131,053
-11.4
Memo: Cars and Trucks
Cars
91,634
89,126
2.8
366,871
386,135
-5.0
Trucks
126,364
170,344
-25.8
635,592
744,918
-14.7
Total Ford Motor Company
217,998
259,470
-16.0
1,002,463
1,131,053
-11.4

   

Subscribe to Machinery Lubrication

About the Author