Ford sales figures rise for the first time in 19 months
Friday, August 7th, 2009As sales reports come in this August, the auto industry is expected to report not more than 10 million sold units. Ford recently announced that its total sales are up by 2% and year-on-year jumped by as much as 9%. The improvement in the performance is partly attributed to the government’s Cash for Clunkers program.
The numbers of Ford looks solid and a lot of experts want to be as optimistic as possible to see a turnaround for the whole of the auto industry.
The 9% increase in retail sales from August 2008 to this year marks the first recovery of the figures since November 2007. Aside from citing the CARS, Ford also looks to the new and more fuel efficient members of their fleet.
What gives perspective to the jump up in sales figures is the projected 10 million units rolling out of dealerships. The volume prediction is about a 40% drop from the 2008 figures. The overall figure is seen to have risen 2% from the November 2007 sales reports.