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Automotive Intelligence - the web for automotive professionals and car enthusiasts |
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February 06, 2008 This Week:
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“We’re very pleased with this result,” said Jim Farley, Ford’s group vice president, Marketing and Communications. “Our dealers really delivered this month, despite a challenging economic and competitive environment. “It’s not going to get any easier – at least for awhile,” said Farley. “Recent monetary actions and the proposed stimulus package may help the economy later this year, but we’re not pinning our hopes on that. Our plan is based on restructuring our business to be profitable at lower demand and changed mix while also accelerating the development of new products people want to buy.” The next wave of new Ford products will arrive this summer – the distinctively designed Ford Flex crossover and the elegant Lincoln MKS sedan. A new Ford F-150 pickup truck will debut later in the fall. Ford, Lincoln and Mercury sales totaled 148,355, down 4 percent compared with a year ago. Total Ford Motor Company sales, including Jaguar, Land Rover, and Volvo, were 159,914, down 4 percent. Photos: Ford (Feb. 1, 2008)
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