New corporate announcements show that sales are good for Ford; since digging out of a sticky situation in 2008, the company’s share price has skyrocketed, and now, the news from Dearborn, Mich. is that sales are continuing to improve, especially for Ford’s lineup of new fuel-efficient vehicles.
A June 1 press release from Ford’s leadership shows that new Ford Fiesta and Ford Focus models accounted for over 29,000 sales last month, the biggest monthly volume since May of 2008. The Explorer also hit a multi-year sales high with total sale volume multiplied four times over last year’s numbers for the month.
The Ford Fiesta, Focus and Explorer models are a major force in the company’s domestic sales, but sales of other cars like the Fusion and small SUVs like the Ford Escape are selling quite nicely, too, according to the new numbers from Ford’s sales report. Company execs say that customers are choosing more fuel-efficient vehicles, opting for a 4-cylinder engine in a street car and buying Ford F150 trucks with a V6 option rather than going for Ford’s top-power V8 engine. Ford spokespersons are touting the company’s “fuel-efficient powertrains” in the strong sales that are helping the century-old brand to re-establish itself in a modern market where competing with powerful foreign car makers is the name of the game.
If you are looking at one of the new Ford Focus or Ford Fiesta models, or a bigger ride like the Explorer or Escape, the Ford Motor Credit Company can help provide up to date deals for new Ford customers or returning loyalists. Previous industry reports have shown that many new car buyers in 2011 are choosing to deal with “captive finance companies” or car manufacturer subsidiaries, rather than through other third party lenders, i.e. dealerships. The Ford Motor Credit Company is Ford’s answer to “in-house” Ford vehicle financing: through this wholly owned subsidiary, Ford reaches out to North American customers, offering special incentive programs, first time buyer offers and more, to entice drivers into buying domestic. When you’re shopping around for lenders for a Ford vehicle financing agreement, you could do worse than checking out available interest rates directly through this “authorized” lender. Take a look and see if one of FMCC’s Ford vehicle financing programs is the right way to pick up one of these brand new American rides that are selling so well this year.
