Ford US sales increase by 46% for September 2010

November 3, 2010

Ford Motor Company, headquartered in Dearborn, Mich., announced US September sales up 46% on the previous year. 

Ford, Lincoln and Mercury unit sales in September totalled 160,873, up 46% versus a year ago. Ford’s market share also increased in September, marking the 23rd time in the last 24 months that Ford’s share of the retail market increased.

Year-to-date sales totalled 1.44 million units, an increase of 21% which is more than double the overall industry rate. Ford is on track to gain market share for the second year in a row, a result not achieved since 1993. 

“The key to our success in the U.S. market is the relentless cadence of new vehicle, powertrain and technology introductions,” said Ken Czubay, Ford vice president, U.S. Marketing, Sales and Service. “Every high-quality, fuel-efficient new vehicle provides Ford and its dealers with an opportunity to reach new customers and build a stronger foundation for future growth.”

Third quarter income $1.7 billion

Ford also reported a third quarter net income of US$1.7 billion, up $690 million on the third quarter 2009 figure. The company reported a pre-tax operating profit of $2.1 billion, an improvement of $1.1 billion from a year ago.

“Our performance through the first nine months has clearly exceeded our initial expectations and is enabling us to make additional significant balance sheet improvements in the fourth quarter,” said Lewis Booth, Ford executive vice president and chief financial officer. “We are now in a period where we are focusing on growing the business profitably around the world following the hard work that has been done by the entire Ford team to fix the fundamentals of the business.”

 

Read our Automive Focus feature in the IPMD Global Market Review

 

 

News | Articles | Market reviews | Search directory | Subscribe to e-newsletter

Powder Metallurgy Review magazine cover

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Hot Isostatic Pressing for the production of large, near-net shape components
  • Safeguarding PM part usage in a new automotive industry
  • How to make metal powders., Part 3
  • Company profile: Jiangxi Yuean Advanced Materials

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Share via
Copy link