Ford sales in Europe grew 12 percent in March and 11 percent in the first quarter
COLOGNE--April 15, 2014: Ford market share at 8.9 percent in March and 8.0 percent for the first quarter rose by 0.2 and 0.3 percentage points, respectively, compared with the same periods last year
Ford sales to higher quality sales channels – such as retail customers and fleets – was higher than the industry average in March and year-to-date
Ford commercial vehicles sales rose 10 percent in the first quarter; CV share at 10.4 percent, was up 0.2 percentage points and was the highest quarterly figure since 1998
Ford is off to a strong sales start in Europe in 2014, posting year-over-year sales improvements for the tenth straight month in March and the fourth consecutive quarter.
While industry sales volumes grew by 10 percent in March and 8 percent in the first quarter, Ford outpaced the overall market with 12 and 11 percent sales volumes increases, respectively*.
“Our first quarter sales results show that our plan to invest in product and launch more new vehicles – 10 alone in 2014 – is beginning to have a very positive impact with customers,” said Roelant de Waard, vice president, Marketing, Sales and Service, Ford of Europe. “Just as important as absolute sales growth, we are growing our business with retail customers and desirable fleet customers.”
Ford sales volumes to European retail and fleet customers increased by one percentage point to 73 percent of total sales in the first quarter*, two percentage points above industry average. Likewise, Ford sales in less profitable market segments – such as daily rentals and dealer registrations – declined year-over-year to 27 percent in the first quarter, down from 28 per cent a year ago.
Ford sales in the UK – Ford’s biggest European market by sales volume – grew by 13 percent in March and 11 percent in the first quarter, making Ford again the clear market leader. In Germany, Ford sales improved by 19 percent in March and 24 percent in the first quarter, while market share was up 0.8 of a percentage point in March and 1.0 percentage point year-to-date.
Ford’s commercial vehicle sales totalled about 50,000 in the first quarter, up 10 percent. CV market share was 10.4 percent*, up 0.2 percentage points and the highest for Ford since 1998.
More than 326,000 vehicles were sold by Ford in its main 22 European markets in the first quarter of the year. Fiesta and Focus were the No. 1 and No. 2 top-selling Ford vehicles for the first three months of the year. Fiesta sales were up by 7 percent, and Ford recently announced it had increased daily production of the car at its Cologne plant by 200 units to 1,850 units to cope with the increased demand.
The Ford Kuga was the third best-selling Ford vehicle in Europe, with sales of 23,400 (main 22 European markets) up by 56 percent compared to the first three months of last year.