Anthony Posted December 2, 2014 Share Posted December 2, 2014 (edited) http://corporate.ford.com/news-center/press-releases-detail/ir-20141202-fmc-nov-2014-us-sales Ford Escape posts best November sales ever; sales of 25,528 vehicles are up 22 percent Ford Explorer sales of 14,949 vehicles represent vehicle’s best November results since 2004 Mustang sales of 8,728 vehicles represent strongest November sales since 2006 Lincoln delivers its best November sales results in seven years Ford Motor Company U.S. sales of 187,000 vehicles for November represent a 2 percent decline compared to a year ago DEARBORN, Mich., Dec. 2, 2014 – Ford Motor Company U.S. sales totaled 187,000 vehicles in November, down 2 percent from a year ago. The overall sales decline was anticipated, as Ford manages its inventory levels as vehicle availability starts growing for the all-new Ford Mustang, F-150 and Transit models. “Our all-new Mustang is moving quickly off dealer lots,” said John Felice, Ford vice president, U.S. Marketing, Sales and Service. “Mustang had its best November sales in eight years and is turning in just eight days on dealer lots, on average. Escape saw record sales for November, while Lincoln sales continue gaining momentum, with the brand posting its best sales since 2007.” Escape sales increased 22 percent versus last year with 25,528 vehicles sold, representing the vehicle’s best-ever November performance. Explorer sales of 14,949 vehicles marks a 13 percent increase, making this Explorer’s best November performance since 2004. Mustang surpassed the 8,000-vehicle mark in November, with 8,728 cars sold. Mustang’s largest markets, Texas and California, saw retail sales increases of 46 percent and 76 percent, respectively. Lincoln sales of 8,113 vehicles provided a 21 percent gain and the brand’s best November in seven years. Lincoln MKC sales represent its second month above the 2,000 vehicle mark, with 2,152 vehicles sold as it continues to strengthen the brand overall. The new Navigator was up 88 percent with sales of 1,433 vehicles, representing Navigator’s best November sales since 2007. Edited December 2, 2014 by Intrepidatious Quote Link to comment Share on other sites More sharing options...
mettech Posted December 2, 2014 Share Posted December 2, 2014 Issues and warning signs all over this data.. Fusion? 2 Quote Link to comment Share on other sites More sharing options...
akirby Posted December 2, 2014 Share Posted December 2, 2014 Is MKC fully ramped up? 2K isn't bad but I was expecting a lot more volume. Quote Link to comment Share on other sites More sharing options...
akirby Posted December 2, 2014 Share Posted December 2, 2014 Issues and warning signs all over this data.. Fusion? Last month was big for Fusion so it's probably a temporary inventory shortage. Or the competition increased incentives. Down 2K in one month but up 4.7% for the year is not an issue or a warning sign at all. Quote Link to comment Share on other sites More sharing options...
bdegrand Posted December 2, 2014 Share Posted December 2, 2014 Issues and warning signs all over this data.. Fusion? I think it's in part due to the Chrysler 200 selling quite well. Quote Link to comment Share on other sites More sharing options...
PREMiERdrum Posted December 2, 2014 Share Posted December 2, 2014 GM up 6%, Chrysler up 20%... F-Series is holding stronger than I thought it would during changeover. Fusion worries me. Focus and Fiesta still in transition between models? Supply or capacity issues? Quote Link to comment Share on other sites More sharing options...
PREMiERdrum Posted December 2, 2014 Share Posted December 2, 2014 (edited) I think it's in part due to the Chrysler 200 selling quite well. How about this: Fusion: 20,263 200: 14,278 Malibu: 11,997 Edited December 2, 2014 by PREMiERdrum Quote Link to comment Share on other sites More sharing options...
moosehead Posted December 2, 2014 Share Posted December 2, 2014 Lets hope it boosts incentives for December. Quote Link to comment Share on other sites More sharing options...
Anthony Posted December 2, 2014 Author Share Posted December 2, 2014 How about this: Fusion: 20,263 200: 14,278 Malibu: 11,997 Holy crap, Malibu is in the dumps! Quote Link to comment Share on other sites More sharing options...
bdegrand Posted December 2, 2014 Share Posted December 2, 2014 How about this: Fusion: 20,263 200: 14,278 Malibu: 11,997 My reference with the 200 was that it more than doubled (almost tripled) it's sales compared to this time last year with the previous model. Quote Link to comment Share on other sites More sharing options...
PREMiERdrum Posted December 2, 2014 Share Posted December 2, 2014 My reference with the 200 was that it more than doubled (almost tripled) it's sales compared to this time last year with the previous model. We're on the same page. It will be interesting to see how these three numbers dance going forward. 1 Quote Link to comment Share on other sites More sharing options...
silvrsvt Posted December 2, 2014 Share Posted December 2, 2014 My reference with the 200 was that it more than doubled (almost tripled) it's sales compared to this time last year with the previous model. Because the last model was a giant POS? Also keep in mind the 200 is Chryslers smallest car to 1 Quote Link to comment Share on other sites More sharing options...
atomcat68 Posted December 2, 2014 Share Posted December 2, 2014 My reference with the 200 was that it more than doubled (almost tripled) it's sales compared to this time last year with the previous model. But there's no Dodge Avenger sold in the same dealership to take a chunk of these sales. That's why there are lower equipped models of 200 that didn't exist before. Quote Link to comment Share on other sites More sharing options...
jasonj80 Posted December 2, 2014 Share Posted December 2, 2014 Looks like both the Fusion and Escape can hit 300K units this year.What is capacity at Louisville? 300K Escapes and 11K MKC's, and that's just the U.S. market. With Canada the Escape is at 45K (that's just though Oct - Escape is far the best selling SUV in Canada, Rav4 is 15K units behind) 1,200 MKC (also though Oct) Plus MKC's that are going to start being exported to China. Selling at this rate next year that will be close to 400K units from one plant. Quote Link to comment Share on other sites More sharing options...
bdegrand Posted December 2, 2014 Share Posted December 2, 2014 Because the last model was a giant POS? Also keep in mind the 200 is Chryslers smallest car to I agree, but I noticed the 200 actually costs more on average than the Fusion. It also has been gradually selling more each month now that people are becoming aware of it. A lot has to do with the new design, since it looks close to a Fusion from the side view. It will take a few more months to see how sales settle in,but Fusion will probably always outsell it. Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted December 2, 2014 Share Posted December 2, 2014 (edited) "Warning signs all over this data" Here's some perspective: GM's 3Q data shows an increase of almost $1000 in incentive spend per vehicle. GM's incentives last quarter represented the highest percentage of ATP in more than a year. GM's incentives were 117% of the calculated industry average, which also represents the highest point that they've been at in over a year. GM is also lending to subprime borrowers at a rate almost 25% higher than the industry average. You want warning signs? There are your warning signs. What you are seeing right now is Ford maintaining discipline in the face of unsustainable practices by GM and Chrysler. Pay close attention to slides #11 and #22 in this set: http://media.gm.com/content/dam/Media/gmcom/investor/2014/oct/third-qtr/GM-2014-Q3-Chart-Set.pdf Edited December 2, 2014 by RichardJensen Quote Link to comment Share on other sites More sharing options...
Anthony Posted December 2, 2014 Author Share Posted December 2, 2014 But there's no Dodge Avenger sold in the same dealership to take a chunk of these sales. That's why there are lower equipped models of 200 that didn't exist before. 200 has the same model at the bottom that it did last year.... the LX. They also have the same starting price as last year's LX but with more standard features (like the 9 speed vs the 4 speed that was on the base-base model LX last year). Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted December 2, 2014 Share Posted December 2, 2014 I'd provide data on Chrysler, but it's not available. The only thing that is available is their terrifying net margin. Quote Link to comment Share on other sites More sharing options...
Anthony Posted December 2, 2014 Author Share Posted December 2, 2014 (edited) I'd provide data on Chrysler, but it's not available. The only thing that is available is their terrifying net margin. Here's their 3rd quarter results presentation, tear 'em apart: http://www.chryslergroupllc.com/Investor/presentations/QAWebcasts/ChryslerDocuments/Q3_2014_Presentation.pdf and press release: http://www.chryslergroupllc.com/Investor/PressReleases/financial/ChryslerDocuments/Q3_2014_Press%20Release.pdf Edited December 2, 2014 by Intrepidatious Quote Link to comment Share on other sites More sharing options...
akirby Posted December 2, 2014 Share Posted December 2, 2014 I agree, but I noticed the 200 actually costs more on average than the Fusion. Fusion has the highest ATP of all midsized sedans at last check. Do you have ATP data that says otherwise? Quote Link to comment Share on other sites More sharing options...
PREMiERdrum Posted December 2, 2014 Share Posted December 2, 2014 Here's their 3rd quarter results presentation, tear 'em apart: http://www.chryslergroupllc.com/Investor/presentations/QAWebcasts/ChryslerDocuments/Q3_2014_Presentation.pdf Where'd I leave that damn popcorn emoji? Oh! There it is. Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted December 2, 2014 Share Posted December 2, 2014 (edited) Here's their 3rd quarter results presentation, tear 'em apart: http://www.chryslergroupllc.com/Investor/presentations/QAWebcasts/ChryslerDocuments/Q3_2014_Presentation.pdf and press release: http://www.chryslergroupllc.com/Investor/PressReleases/financial/ChryslerDocuments/Q3_2014_Press%20Release.pdf That chart set is, IMO, worthless, as the results are largely non-GAAP and, since I'm neither being paid for, nor do I stand to profit from a close analysis of those numbers, I'm not going to convert their bright shiny numbers into rather ugly GAAP figures. You should also be aware that Chrysler puts a lot of stress on EBITDA numbers where Ford & GM emphasize EBIT. I, frankly, don't like it when companies pretend income taxes are irrelevant, but I find it particularly odious when a company pretends that depreciation, amortization, and one-time charges are irrelevant. Here's a pertinent example: "Q3 YTD 2014 Adjusted Net Income of $1.7B, excluding a $504M non-cash loss on extinguishment of debt related to the prepayment of the VEBA Trust Note and a $672M charge for the January MOU with the UAW in Q1 2014." Oh yay! $1.7B!!!!! Oh. wait, that's actually $524M. Before taxes. Edited December 2, 2014 by RichardJensen Quote Link to comment Share on other sites More sharing options...
Anthony Posted December 2, 2014 Author Share Posted December 2, 2014 OK....well, thanks. Is MKC fully ramped up? 2K isn't bad but I was expecting a lot more volume. How long has the MKC been on sale? I haven't seen Acura's numbers for November yet, but the RDX was only around 3k units last month. I don't think 2k is anything to scoff at per se. Especially this early in the game. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted December 2, 2014 Share Posted December 2, 2014 Is MKC fully ramped up? 2K isn't bad but I was expecting a lot more volume. OK....well, thanks. How long has the MKC been on sale? I haven't seen Acura's numbers for November yet, but the RDX was only around 3k units last month. I don't think 2k is anything to scoff at per se. Especially this early in the game. I think they started trickling into dealerships around the beginning of July - at least that's when I did the Date Night. Quote Link to comment Share on other sites More sharing options...
coupe3w Posted December 2, 2014 Share Posted December 2, 2014 Mustang = 5309 Camaro = 5068 Quote Link to comment Share on other sites More sharing options...
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