Ford Division Leads in Sales to Hispanic Consumers
3 July 2000
Ford Division Leads in Sales to Hispanic ConsumersDEARBORN, Mich.b - Ford Division, the leader in combined car and truck sales to the U.S. Hispanic market since 1997, is continuing the charge, experiencing explosive first-quarter growth this year. Ford Division released the latest sales figures at the National Council of La Raza Annual Convention, a national organization of Hispanic leaders. For the first quarter of this year, Ford Division sales are up 30.9 percent, to 43,265 vehicles from 33,036, in the U.S. Hispanic market compared with last year. Ford has increased its share of the Hispanic car market in this period too -- holding 12.4 percent, up from 11.9 percent, largely on the strength of Focus' performance. Focus had sales of 5,200 in this quarter. "We have a comprehensive marketing program that encompasses advertising, public affairs, grass-roots activities, community events and our http://www.fordespiritu.com web page" said Jan Klug, Ford Division marketing communications manager. "There is a true corporate commitment to this important group, and Ford works hard with Ford Dealers to reach this market." In 1999, Ford sales shot up 19.7 percent in this market to 151,446 from 126,485 in 1998. Since 1997, Ford Division sales to Hispanic consumers have gone up 35 percent. "This is a group with $378 billion in buying power. It will be the largest U.S. minority group in two years," Klug said. One of the biggest success stories of Ford Division 1999 and 2000 sales to Hispanics is Focus. During the first two months it was available, Focus grabbed 1.9 percent of the Hispanic retail market, with sales of 2,648 vehicles. Focus has stayed hot through the first quarter of this year; its sales were up 13.4 percent over the same period in 1999. "Focus is a cool car," Klug said. "That's what brings Focus to the party. This car bridges the general market and the Hispanic market. It also gives us a strong entry into the youth market along with Mustang." F-Series trucks hold the top spot in Hispanic markets with sales of 44,504 in 1999 and 30,532 through the first quarter. These buyers also give high marks to Mustang, making it the 13th-best-selling vehicle in the segment at 13,183 in 1999. Ford Explorer, Ranger, Escort and Expedition also make the top 15 among best-selling vehicles to Hispanics. Ford Motor Company's commitment to good corporate citizenship extends to Hispanic communities through a variety of programs backed by Ford and its dealers. Among these are the Spirit of Ford Accomplishment and Scholastic Awards given annually to 70 high-school students. More than 8,000 students entered this year for a share of the $200,000 in college scholarships. Ford Division and its dealers also are heavily involved in Race for the Cure, a nationwide breast-cancer awareness and fund-raising campaign; donation of Econoline vans in several key Hispanic markets to help women without transportation get to clinics for free medical checkups; and sponsorship with Ford Motor Credit Company of free seminars to help Hispanics newly arrived in the United States learn about obtaining and properly using credit to establish themselves. Competition for this market has become fierce the past couple of years as other carmakers realize the buying power and the staying power of Hispanic consumers. "So our challenge becomes to be more innovative each and every year in how we approach this market," Klug said. "We will continue to depend on local dealer partners, who have discovered this business opportunity in their areas and really gotten behind it. For example, many dealers are trying to better meet consumer needs by having Spanish-speaking sales and service staff on hand." Ford's wide range of vehicles appeals to the spectrum of needs and wants within the Hispanic market. Focus and Mustang especially appeal to younger people, and Hispanics as a group are younger than the rest of the U.S. population, said Klug. "The partnership between Ford and its dealers is key to reaching any market," Klug said. "That is why reaching out to Hispanic consumers has been such a success for us, and why it will continue to be as this group, its influence and its buying power grow into the 21st century."