Press Release
Ford Announces October Sales
11/07/96
Ford Sets October Sales Records, Led by Sport Utility Vehicles, Taurus and F-Series DETROIT, Nov. 5 -- Ford Motor Company's U.S. vehicle sales in October rose 2.5 percent, as a number of volume records were established. Ford and Lincoln-Mercury dealers reported record total truck sales of 194,690 units in October, a 7.7 percent increase from a year ago on a daily selling rate basis. This more than offset a 3.9 percent decline in the total car sales rate for the month. (There were 27 selling days this year, one more than in October of 1995). Ford Division's total of 185,707 trucks and Lincoln-Mercury Division's total of 8,983 both were new highs for October. The new Mercury Mountaineer had its best month since being introduced earlier this year with sales of 3,806 units. It combined with the Ford Explorer, which set an October record of 38,134 units, and the all-new Ford Expedition for a total of 55,924 sport utility vehicles (including a small number of carryover 1996 Broncos) -- a 34 percent increase and an all-time Ford Motor Company record for any month. "As the sport utility market continues to grow dramatically, we're very pleased with the incrementality that our expanded SUV line-up clearly is producing for our dealers and the company," noted Bob Rewey, group vice president of marketing and sales for Ford. "Mercury Mountaineer is enabling Lincoln-Mercury dealers to participate in this important market sector for the first time, and the new Expedition not only is attracting owners of competitive products, but also is generating showroom traffic that provides a boost to Explorer sales as well." The immediate success of Expedition, which was officially introduced on October 2, is reminiscent of Explorer's debut in 1990. In both cases, the new Ford entry became the benchmark for its market segment from a product standpoint, and public recognition was virtually instantaneous. Rewey added, "From every indication, Expedition is the right product in the right market at the right time. The only question appears to be 'how high is up?' and we won't know the answer until our dealers have greater availability." Among other October sales highlights: -- The Ford Taurus achieved record sales of 36,644 for the month and widened its leadership margin in the calendar sales race with just two "laps" to go. Combined sales of Taurus and Mercury Sable for the calendar year-to-date now have reached 431,099 or an increase of eight percent, despite a planned reduction in daily rental volume. -- The Ford Windstar minivan also set an October record with sales of 17,692 units. -- With sales of 72,061 units, an 8.5 percent increase, the Ford F-Series had its best October since 1977 and extended its lead as America's best selling vehicle, car or truck. -- Ford Ranger continued to dominate the compact pickup truck segment with sales for the month of 22,443 units. -- Sales of the Ford Crown Victoria soared 37 percent to 8,750 cars, the best October since 1990 and the fourth consecutive monthly increase. -- Lincoln-Mercury Division's total retail sales rose for the sixth month in succession. -- Each of Lincoln-Mercury's realigned luxury cars exhibited a double digit improvement in its retail selling rate year-over-year. Total Lincoln sales and leases to private individuals in October jumped by 18 percent from their 1995 level, more than offsetting a planned reduction in Lincoln deliveries to daily rental accounts. -- Mercury Grand Marquis sales climbed 13 percent over last October to 10,100 units. FORD MOTOR COMPANY OCTOBER SALES Memo: 1996 1995 % Change Selling Days 1996 1995 ------------------------------------------------------------------------ Total Vehicles Oct. 1-31 337,881 317,582 2.5% 27 26 Jan. 1-Oct. 31 3,292,233 3,281,751 -0.5 258 256 Total Cars Oct. 1-31 143,191 143,435 -3.9 Jan. 1-Oct. 31 1,495,455 1,534,171 -3.3 Domestic Cars Oct. 1-31 140,806 139,609 -2.9 Jan. 1-Oct. 31 1,461,348 1,480,280 -2.0 Imported Cars Oct. 1-31 2,385 3,826 -40.0 Jan. 1-Oct. 31 34,107 53,891 -37.2 Total Trucks Oct. 1-31 194,690 174,147 7.7 Jan. 1-Oct. 31 1,796,778 1,747,580 2.0 Light Trucks Oct. 1-31 191,399 170,234 8.3 Jan. 1-Oct. 31 1,758,000 1,698,984 2.7 Heavy Trucks Oct. 1-31 3,291 3,913 -19.0 Jan. 1-Oct. 31 38,778 48,596 -20.8 ------------------------------------------------------------------------ FORD DIVISION OCTOBER SALES Memo: 1996 1995 %Change Selling Days 1996 1995 ------------------------------------------------------------------------ Crown Victoria Oct. 1-31 8,750 6,152 37.0% 27 26 Jan. 1-Oct. 31 93,999 83,353 11.9 258 256 Thunderbird Oct. 1-31 6,573 8,220 -23.0 Jan. 1-Oct. 31 69,882 92,741 -25.2 Taurus Oct. 1-31 36,644 27,871 26.6 Jan. 1-Oct. 31 332,060 311,409 5.8 Tempo Oct. 1-31 0 0 Jan. 1-Oct. 31 0 1,780 Contour Oct. 1-31 11,272 15,285 -29.0 Jan. 1-Oct. 31 152,330 145,910 3.6 Escort Oct. 1-31 22,571 24,669 -11.9 Jan. 1-Oct. 31 251,254 246,022 1.3 Festiva/Aspire Oct. 1-31 2,385 3,826 -40.0 Jan. 1-Oct. 31 34,107 53,891 -37.2 Mustang Oct. 1-31 8,761 10,957 -23.0 Jan. 1-Oct. 31 108,812 118,252 -8.7 Probe Oct. 1-31 2,710 3,769 -30.8 Jan. 1-Oct. 31 28,750 47,048 -39.4 FD TOTAL CARS Oct. 1-31 99,666 100,749 -4.7 Jan. 1-Oct. 31 1,071,194 1,100,406 -3.4 FD DOMESTIC CARS Oct. 1-31 97,281 96,923 -3.3 Jan. 1-Oct. 31 1,037,087 1,046,515 -1.7 Expedition/Bronco Oct. 1-31 13,984 2,805 380.1 Jan. 1-Oct. 31 49,617 27,993 75.9 Explorer Oct. 1-31 38,134 37,234 -1.4 Jan. 1-Oct. 31 334,291 323,960 2.4 Econoline/Club Wagon Oct. 1-31 13,851 15,831 -15.7 Jan. 1-Oct. 31 148,370 166,406 -11.5 Aerostar Oct. 1-31 4,251 6,558 -37.6 Jan. 1-Oct. 31 64,516 72,967 -12.3 Windstar Oct. 1-31 17,692 11,620 46.6 Jan. 1-Oct. 31 178,572 196,191 -9.7 Ranger Oct. 1-31 22,443 26,395 -18.1 Jan. 1-Oct. 31 244,370 267,274 -9.3 F-Series Oct. 1-31 72,061 63,974 8.5 Jan. 1-Oct. 31 663,463 579,687 13.6 FD LIGHT TRUCKS Oct. 1-31 182,416 164,417 6.8 Jan. 1-Oct. 31 1,683,199 1,634,478 2.2 Heavy Truck Oct. 1-31 3,291 3,913 -19.0 Jan. 1-Oct. 31 38,778 48,596 -20.8 FD TOTAL TRUCKS Oct. 1-31 185,707 168,330 6.2 Jan. 1-Oct. 31 1,721,977 1,683,074 1.5 FD TOTAL VEHICLES Oct. 1-31 285,373 269,079 6.2 Jan. 1-Oct. 31 2,793,171 2,783,480 1.5 ------------------------------------------------------------------------ Note: Percentage changes are based on daily selling rates. LINCOLN-MERCURY DIVISION OCTOBER SALES Memo: 1996 1995 %Change Selling Days 1996 1995 ------------------------------------------------------------------------ Grand Marquis Oct. 1-31 10,100 8,617 12.9% 24 25 Jan. 1-Oct. 31 85,379 76,068 11.4 231 230 Cougar Oct. 1-31 2,997 3,960 -27.1 Jan. 1-Oct. 31 31,391 47,436 -34.3 Sable Oct. 1-31 8,704 9,619 -12.9 Jan. 1-Oct. 31 99,039 85,587 14.8 Topaz Oct. 1-31 0 0 Jan. 1-Oct. 31 0 399 Mystique Oct. 1-31 3,908 4,631 -18.7 Jan. 1-Oct. 31 48,140 53,474 -10.7 Tracer Oct. 1-31 4,377 3,836 9.9 Jan. 1-Oct. 31 42,598 43,949 -3.8 TOTAL MERCURY CARS Oct. 1-31 30,086 30,663 -5.5 Jan. 1-Oct. 31 306,547 306,913 -0.9 Town Car Oct. 1-31 8,679 7,766 7.6 Jan. 1-Oct. 31 78,956 78,290 0.1 Mark VIII Oct. 1-31 1,373 1,194 10.7 Jan. 1-Oct. 31 12,996 14,495 -11.0 Continental Oct. 1-31 3,387 3,063 6.5 Jan. 1-Oct. 31 25,762 34,067 -25.0 TOTAL LINCOLN Oct. 1-31 13,439 12,023 6.5 Jan. 1-Oct. 31 117,714 126,852 -7.9 L-M DOMESTIC CARS Oct. 1-31 43,525 42,686 6.5 Jan. 1-Oct. 31 424,261 433,765 -2.9 L-M TOTAL CARS Oct. 1-31 43,525 42,686 -1.8 Jan. 1-Oct. 31 424,261 433,765 -2.9 Villager Oct. 1-31 5,177 5,817 -1.8 Jan. 1-Oct. 31 56,609 64,506 -12.9 Mountaineer Oct. 1-31 3,806 0 Jan. 1-Oct. 31 18,192 0 L-M LIGHT TRUCKS Oct. 1-31 8,983 5,817 48.7 Jan. 1-Oct. 31 74,801 64,506 15.1 L-M TOTAL VEHICLES Oct. 1-31 52,508 48,503 4.2 Jan. 1-Oct. 31 499,062 498,271 -0.6 --------------------------------------------------------------- Note: Percentage changes are based on daily selling rates.