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Ford sees surge in Europe in October
Ford sees surge in Europe in October
Posted on Thursday, November 12th, 2009 at 5:29 PM EST. (Employee News)
Ford Motor Co. on Wednesday reported its best October sales in 12 years in Europe, but said both Ford and industry sales are likely to decline next year as government incentive programs end, the Detroit Free Press reported.
In October, Ford sold 121,000 new cars and trucks in Europe, a 12.8 percent increase compared with the same month last year, the paper said. Ford said its share of European sales was 8.8 percent in October, its highest monthly mark since October 1997, the Free Press said.
Ford has benefitted this year from government incentive programs and from its newest products, including the Ford Fiesta and Ka subcompacts, the paper said. While Ford’s year-to-date European sales have declined 3 percent to 1.2 million new cars and trucks, industry sales have declined 8.1 percent, the article said.
In Europe, Ford is the No. 2 automaker, behind Volkswagen AG, and the Fiesta is the second highest-volume car, behind the Volkswagen Golf, the paper said. The redesigned Fiesta debuted last October, the story said. (Detroit Free Press)
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Rick
Nitro Year: 2007 (1 of 113,000 sold)
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