RangerM Posted January 11, 2009 Share Posted January 11, 2009 Jan US sales 'more robust' than expected-Ford DETROIT, Jan 11 (Reuters) - U.S. auto industry sales have been stronger than expected in the early part of January across all vehicle segments and automakers, Ford Motor Co sales chief Jim Farley said on Sunday. "All I can tell you is that demand is a little more robust than we expected," Farley told Reuters on the sidelines of the North American International Auto Show. "I would say a little, not dramatically." U.S. auto sales fell 18 percent to about 13.2 million vehicles in 2008 from the prior year, battered by the downturn in the economy and most automakers expect sales to decline from there in 2009. Ford expects U.S. sales in the 12 million to 12.5 million unit range. Farley said the seasonally adjusted annual rate of sales, a key measure for the industry and economists, had been slightly above Ford's expectations for the low 10 million unit range through early January. Some of that could be due to incentives that were carried over from December, though incentives largely are not set now to be carried through the entire month. Ford, along with most automakers, expects U.S. light vehicle sales to be much lower in the first half of the year than in the second half of the year. Quote Link to comment Share on other sites More sharing options...
Pioneer Posted January 11, 2009 Share Posted January 11, 2009 I wonder if extending Employee Pricing until the 12th had anything to do with it. Quote Link to comment Share on other sites More sharing options...
whereswaldo Posted January 11, 2009 Share Posted January 11, 2009 I wonder if extending Employee Pricing until the 12th had anything to do with it. Does Ford count a sale at the point a dealer orders or receives a vehicle or when a customer orders one or takes one off the lot ?? Only reason is all these 2009 F-150's that are being built. My local dealers are loading up their lots but I'm not seeing that many on the roads yet. Would these be considered sold even if there are no customers for them yet ?? Quote Link to comment Share on other sites More sharing options...
TomServo92 Posted January 11, 2009 Share Posted January 11, 2009 Does Ford count a sale at the point a dealer orders or receives a vehicle or when a customer orders one or takes one off the lot ?? Only reason is all these 2009 F-150's that are being built. My local dealers are loading up their lots but I'm not seeing that many on the roads yet. Would these be considered sold even if there are no customers for them yet ?? I'm sure that sold means "customer takes delivery". Quote Link to comment Share on other sites More sharing options...
Marginal Economist Posted January 12, 2009 Share Posted January 12, 2009 Ford gets paid when the dealer takes delivery. The unit is not reported as a sale until the dealership reports it sold to a customer. Quote Link to comment Share on other sites More sharing options...
forddaughter Posted January 12, 2009 Share Posted January 12, 2009 Artinos here in Huron, Ohio said they sold 8 vehicles a few days before Christmas. So things may be going a little better. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted January 12, 2009 Share Posted January 12, 2009 In December, only about 8,600 2009 F150 were sold, the rest were all 2008 models. That has to be good news with regards clearing old inventory. Perhaps the new 2009 F150 will have more impact this month and February. Quote Link to comment Share on other sites More sharing options...
Deanh Posted January 12, 2009 Share Posted January 12, 2009 I wonder if extending Employee Pricing until the 12th had anything to do with it. I for one am apprehensive of post employee pricing...2 vehicles today due to the program...whats next? Quote Link to comment Share on other sites More sharing options...
Deanh Posted January 12, 2009 Share Posted January 12, 2009 Does Ford count a sale at the point a dealer orders or receives a vehicle or when a customer orders one or takes one off the lot ?? Only reason is all these 2009 F-150's that are being built. My local dealers are loading up their lots but I'm not seeing that many on the roads yet. Would these be considered sold even if there are no customers for them yet ?? sale date..... Quote Link to comment Share on other sites More sharing options...
rmc523 Posted January 12, 2009 Share Posted January 12, 2009 Does Ford count a sale at the point a dealer orders or receives a vehicle or when a customer orders one or takes one off the lot ?? Only reason is all these 2009 F-150's that are being built. My local dealers are loading up their lots but I'm not seeing that many on the roads yet. Would these be considered sold even if there are no customers for them yet ?? Hmmm, my dealer has like 2 or 3, and they're all low XL and XLT (at best) versions now. There was a few Lariats, but I think they're gone. Still have yet to see a Platinum anywhere (auto shows, dealer, etc). Quote Link to comment Share on other sites More sharing options...
mackinaw Posted January 12, 2009 Share Posted January 12, 2009 Farley said, in today's Automotive News, that January's sale increase has "been across the board, across the industry." Ford's Ken Czubay estimated that the industry is on track to sell 20,000 to 30,000 more vehicles this month than in December. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.