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Ford's European Sales Increase 3% In Sept; Fiesta Sales Rise 21% ...

10/13/2006
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(RTTNews) - Friday morning, Dearborn, Michigan-based Automaker Ford Motor Co. ( F | charts | news | PowerRating ) announced September European sales, reporting a 3% rise from the prior-year same month. The company said it sold total 173,700 vehicles in September in its 21 major European markets. The company stated that its Fiesta sales in September grew 21% to 39,400 from September 2005.

Among European markets, the company sold 70,100 units in Britain. The company's market share in Britain was 15.0%, up 0.9 points from the prior year. The company also achieved strong sales in Italy and Spain. In Russia, the company sold 11,200 units in September, up 67% from last year. The company's Russian market share rose to 16.8% from 13.0% in the previous year. During the month, Ford's market share in Hungary increased to 13.4% from 9.5% in the year-ago month.

For the period between January and September, the company's total retail sales increased 2% to 1,314,000 units from the previous year. According to the company, it sold total 391,500 Ford units during the period. Fiesta sales rose 8.5% to 292,000 units from the same period in 2005. Together with the Ford Fusion, sales of Ford's small cars totaled 372,300 units in the period, a 10% growth from last year.

For the year-to-date period, the company sold 243,000 commercial vehicles, 2% higher than the same period of 2005.

"Ford sales regained momentum in September, especially in key markets such as Great Britain, Italy and Spain. We expect that strong pace to continue as availability of the new Ford S-MAX and Galaxy extends across Europe and customers take advantage of our expanding product range," Stephen Odell, Ford of Europe vice president of marketing, sales and service, said.

Ford closed Wednesday's regular trading session at $8.23, down $0.04, on a volume of 17.64 million shares.

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Ford's European Sales Increase 3% In Sept; Fiesta Sales Rise 21% ...
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