Ford's U.S. Sales Rise for the 2nd Straight Month; Double-Digit Gains for New Expedition, Navigator
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* Ford's October U.S. sales totaled 215,985, up 8 percent compared with a year ago. * Car sales totaled 82,949, up 22 percent; truck sales totaled 133,036, up 1 percent. * Ford Fusion (up 143 percent), Mercury Milan (up 67 percent), Lincoln MKZ (up 90 percent), Ford Focus (up 27 percent) and the outgoing Ford Taurus (up 73 percent) pace the car sales increase. * New Ford Expedition (up 41 percent) and Lincoln Navigator (up 44 percent) post double-digit gains in October. * Ford Escape surpasses 1 million sales milestone in October - and cements its position as the best-selling small utility since its introduction in late 2000. * Ford October inventories are 107,000 units lower than a year ago.
DEARBORN, Mich., Nov. 1 -- Ford Motor Company's dealers delivered 215,985 vehicles to U.S. customers in October, up 8 percent compared with a year ago. It is the second monthly sales increase for the company, which posted a 5-percent increase in September.
October car sales were up 22 percent as sales for the company's new mid- size cars (Ford Fusion, Mercury Milan and Lincoln MKZ) were more than double a year ago. The Ford Focus and the outgoing Ford Taurus also posted sharply higher sales.
Truck sales were up 1 percent, led by gains for the new 2007-model Expedition and Navigator, which now are on sale in dealerships.
Expedition sales were 8,553 (up 41 percent), and Navigator sales were 2,066 (up 44 percent).
Ford's F-Series pickup also was up 3 percent, and the Ford Econoline full- size van was up 31 percent.
October sales for the Ford Escape (9,603) lifted the vehicle's lifetime sales to more than 1 million. The Escape has been the best-selling small utility vehicle in the United States since it was introduced in late 2000. Cumulative sales now total 1,001,186.
U.S. Inventories Lower At the end of October, Ford, Lincoln and Mercury inventories were estimated at 622,000 units. This level is 107,000 units lower than a year ago and 30,000 units lower than at the end of September. The company estimates three- quarters of the present inventory is new 2007 models.
"We are very serious about aligning inventories with demand," said Al Giombetti, president, Ford and Lincoln Mercury sales and marketing. "Our dealers did an outstanding job with the 2006 model sell-down program, and we took a painful but necessary action to reduce fourth-quarter production."
FORD MOTOR COMPANY OCTOBER 2006 U.S. SALES October Month % October CYTD % 2006 2005 Change 2006 2005 Change Sales By Brand Ford 183,188 166,266 10.2 2,094,381 2,257,104 -7.2 Mercury 10,277 10,922 -5.9 156,695 172,127 -9.0 Lincoln 8,766 8,477 3.4 98,260 102,177 -3.8 Jaguar 1,366 1,758 -22.3 17,874 26,042 -31.4 Volvo 8,384 8,671 -3.3 98,053 106,431 -7.9 Land Rover 4,004 3,753 6.7 37,531 34,683 8.2 Total Ford Motor Company 215,985 199,847 8.1 2,502,794 2,698,564 -7.3 Memo: Cars and Trucks Cars 82,949 67,958 22.1 962,190 896,987 7.3 Trucks 133,036 131,889 0.9 1,540,604 1,801,577 -14.5 Total Ford Motor Company 215,985 199,847 8.1 2,502,794 2,698,564 -7.3 FORD BRAND OCTOBER 2006 U.S. SALES October Month % October CYTD % 2006 2005 Change 2006 2005 Change Crown Victoria 4,465 4,203 6.2 55,257 57,061 -3.2 Five Hundred 6,010 7,915 -24.1 74,092 92,155 -19.6 Taurus 20,750 11,992 73.0 168,746 173,659 -2.8 Fusion 9,908 4,078 143.0 120,994 4,078 2867.0 Focus 11,412 8,969 27.2 152,242 164,041 -7.2 Mustang 11,786 11,234 4.9 145,055 139,719 3.8 Thunderbird 0 400 -100.0 469 9,017 -94.8 GT 102 165 -38.2 1,600 937 70.8 Total Ford Cars 64,433 48,956 31.6 718,455 640,667 12.1 Freestyle 3,297 6,707 -50.8 52,572 66,355 -20.8 Escape 9,603 9,974 -3.7 132,666 142,208 -6.7 Explorer 11,976 12,122 -1.2 155,246 209,000 -25.7 Expedition 8,553 6,047 41.4 68,759 97,825 -29.7 Excursion 0 1,165 -100.0 965 14,748 -93.5 Freestar 2,815 5,155 -45.4 47,644 69,215 -31.2 Econoline/ Club Wagon 18,662 14,210 31.3 152,053 150,011 1.4 Ranger 6,471 6,354 1.8 78,650 106,261 -26.0 F-Series 55,947 54,404 2.8 672,732 749,094 -10.2 Low Cab Forward 252 146 72.6 3,057 437 599.5 Heavy Trucks 1,179 1,026 14.9 11,582 11,283 2.7 Total Ford Trucks 118,755 117,310 1.2 1,375,926 1,616,437 -14.9 Total Ford Brand 183,188 166,266 10.2 2,094,381 2,257,104 -7.2 LINCOLN AND MERCURY BRAND OCTOBER 2006 U.S. SALES October Month % October CYTD % 2006 2005 Change 2006 2005 Change Grand Marquis 2,495 2,957 -15.6 48,654 59,460 -18.2 Montego 1,508 2,016 -25.2 19,659 23,246 -15.4 Sable 0 1,050 -100.0 0 22,899 -100.0 Milan 2,229 1,336 66.8 30,563 1,336 2187.6 Total Mercury Cars 6,232 7,359 -15.3 98,876 106,941 -7.5 Town Car 3,037 2,908 4.4 32,246 39,916 -19.2 LS 429 821 -47.7 8,797 17,518 -49.8 MKZ 2,288 1,204 90.0 26,291 1,204 2083.6 Total Lincoln Cars 5,754 4,933 16.6 67,334 58,638 14.8 Total Mercury and Lincoln Cars 11,986 12,292 -2.5 166,210 165,579 0.4 Mariner 2,146 1,395 53.8 28,600 29,386 -2.7 Mountaineer 1,574 1,740 -9.5 25,113 28,351 -11.4 Monterey 325 428 -24.1 4,106 7,449 -44.9 Total Mercury Trucks 4,045 3,563 13.5 57,819 65,186 -11.3 Navigator 2,066 1,431 44.4 18,547 21,714 -14.6 Aviator 0 800 -100.0 1,711 14,585 -88.3 Mark LT 946 1,313 -28.0 10,668 7,240 47.3 Total Lincoln Trucks 3,012 3,544 -15.0 30,926 43,539 -29.0 Total Mercury and Lincoln Trucks 7,057 7,107 -0.7 88,745 108,725 -18.4 Total Mercury and Lincoln Vehicles 19,043 19,399 -1.8 254,955 274,304 -7.1 Total Lincoln Brand 8,766 8,477 3.4 98,260 102,177 -3.8 Total Mercury Brand 10,277 10,922 -5.9 156,695 172,127 -9.0 JAGUAR BRAND OCTOBER 2006 U.S. SALES October Month % October CYTD % 2006 2005 Change 2006 2005 Change XJ 315 615 -48.8 4,096 7,048 -41.9 S-TYPE 314 541 -42.0 5,335 7,452 -28.4 X-TYPE 308 495 -37.8 4,660 9,499 -50.9 XK 429 107 300.9 3,783 2,043 85.2 Total Jaguar 1,366 1,758 -22.3 17,874 26,042 -31.4 VOLVO BRAND OCTOBER 2006 U.S. SALES October Month % October CYTD % 2006 2005 Change 2006 2005 Change S40 2,131 1,872 13.8 20,758 21,330 -2.7 V50 363 436 -16.7 3,528 4,926 -28.4 V40 0 0 NA 0 8 -100.0 S60 1,723 1,482 16.3 22,109 21,549 2.6 V70 377 447 -15.7 4,990 6,439 -22.5 XC70 895 1,132 -20.9 11,343 12,373 -8.3 C70 501 10 4,910.0 3,053 1,429 113.6 S80 69 705 -90.2 5,213 9,018 -42.2 XC90 2,325 2,587 -10.1 27,059 29,359 -7.8 Total Volvo 8,384 8,671 -3.3 98,053 106,431 -7.9 LAND ROVER BRAND OCTOBER 2006 U.S. SALES October Month % October CYTD % 2006 2005 Change 2006 2005 Change Range Rover 800 968 -17.4 9,221 10,338 -10.8 Range Rover Sport 1,823 1,439 26.7 14,463 6,095 137.3 LR3 1,381 1,082 27.6 13,806 15,354 -10.1 Discovery 0 2 -100.0 1 809 -99.9 Freelander 0 262 -100.0 40 2,087 -98.1 Total Land Rover 4,004 3,753 6.7 37,531 34,683 8.2