Ford was the 10th-largest company, and the second-largest automaker, on the Fortune 500 for 2013.
Ford continues to move along in the midst of a challenging auto market.Ford expects profitable operations this year in North America.
Europe, in particular, is troubling — the company announced last year that it would close three factories and cut at least 6,200 jobs there. But there is some good news for the iconic American automaker: its Ford Focus was recently named the top-selling car in the world. Despite a 72% drop in earnings from 2011 to 2012, Ford expects profitable operations this year in North America, which is the company’s largest market.
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Ford’s April sales climbed 18 percent with gains across the portfolio – with cars up 21 percent, utilities up 16 percent, and trucks up 16 percent. Retail sales were up 27 percent.
“We are working harder than ever to keep pace with record demand for our all-new, fuel-efficient Fusion and Escape – with sales growth particularly strong on the coasts,” said Ken Czubay, Ford vice president, U.S. Marketing, Sales and Service. “F-Series pickups also continue to build on their momentum as the housing and construction industries rebound.”
Ford Motor Company: The First 100 Years by Robert C. Kreipke (Photo credit: IFHP97)
Fusion
Fusion continues its strong sales run with best-ever April sales results of 26,722 vehicles, a 24 percent increase over record year-ago April levels. The strongest retail sales increases for Fusion continue to come from the western and southeastern U.S. – with the sales in the West doubling in April and the Southeast up 70 percent.
Escape also had its strongest April sales since its launch 13 years ago, reporting a 52 percent increase with 25,826 vehicles sold.
Sales of America’s best-selling pickup, the Ford F-Series increased 24 percent, with 59,030 pickups sold. This represents F-Series best April sales results since 2006. It also is the 21st straight monthly sales increase for F-Series – with sales up 19 percent year to date.
Lincoln
In April, Lincoln sales increased 21 percent. The new Lincoln MKZ established an all-time monthly sales record, with 4,012 vehicles sold for the month – breaking the 4,000 vehicle mark for the first time ever.
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