79 Ford Truck For Sale, Ford’s Sales Plunge in September, but Investors Shouldn’t Complain-Over the past few years, Ford Motor (NYSE: F) products have been handled flawlessly due to the cost structure and inadequate product range, which has led to disappointment in sales and earnings. The Ford shares recently reached a new multi-year low after the company announced a two-digit drop in US sales in September.
In fact, Fiat Chrysler (NYSE: FCAU) passed Ford last year in the American car industry. However, September was atypical in the industry. Fiat Chrysler now works very well thanks to Jeep’s strength. In this context, Ford’s quarterly and third-quarter sales results appear to be rather tight.
Autumn in September
Last month, Ford delivered 197,404 vehicles in the United States compared to 222,248 in September 2017. The 11.2% decline was largely due to a 12.6% drop in retail sales, but also a 6.7% year-on-year decline in car transportation.
79 Ford Truck For Sale
As usual, cars were the weakest part of Ford and sales fell by over 25% last month. The decline in sales of Focus and C-MAX (which ceased production in the US market) affected poor sales. However, the Fiesta, Fusion and Taurus models drastically reduced sales. On the other hand, cross-country and off-road vehicle sales remained good in September, down 2.7% on the previous year. Ford’s truck market is 9.9% in the middle of last month.
The story of two hurricanes.
A year ago, Ford announced a strong increase in sales in the Houston area in September, due to Harvey Hurricane’s cumulative demand that caused large-scale floods in the area in August 2017. Others. Ford. In fact, sales in the Houston area fell by 44% last month, which is about one third of the company’s decline in sales in September.
September 2018 Florence Hurricane in Florence. Florence did not cause the same kind of destruction as the hurricane Harvey last year, but it has further reduced sales in the areas affected last year.
The lack of F-150 trucks also slowed Ford’s sales in September. The stock of Ford trucks is currently falling to over 30,000 units a year, well below the historical average. This reflects the continuity of the fire at the supplier’s factory in May.
Exceptional power at Fiat Chrysler
Fiat Chrysler achieved much better results last month, despite numerous winds that are in competition with US competitors. Total deliveries increased by 14.7% annually to 199,819 units, more than Ford.
The Jeep brand is still the star of Fiat Chrysler, whose sales grew by 14.1% last month. Jeep’s share of the company’s portfolio in the US is now 42%. Sales of Ram trucks increased by 10% due to a limited supply limit that limits the production of conventional trucks by other manufacturers. The Dodge brand also rose 40.6% in September, while caravan sales increased compared to the previous quarter.
The fabulous performance of Fiat Chrysler last month was unusual. However, the market share is throughout the year, with shipments coming from the United States. UU. So far, the market has fallen to 6.4%.
Ford is good
Considering some unusual factors that have affected the last month, Ford’s performance looks good. For example, in September 2016, sales fell by only 3.4%. This comparison eliminates the distortion caused by Hurricane Harvey in 2017. Last month, Ford also lowered the incentive cost, which affected sales decline.
During the third quarter, Ford deliveries to the United States fell by only 3.5% compared to the same period last year. This is very favorable when General Motors’ sales fell by 11.1% over the same period.
Because many of Ford’s best-selling models are approaching the end of their lives, we expect some weaknesses in sales. Although Ford launches new highly anticipated models, such as a pickup truck ………
Tags: #1979 ford truck for sale alberta #1979 ford truck for sale bc #1979 ford truck for sale canada #1979 ford truck for sale ebay #1979 ford truck for sale on craigslist #1979 ford truck for sale on craigslist bc #1979 ford truck for sale ontario #79 ford truck for sale #79 ford truck for sale craigslist #79 ford truck for sale in texas