Welcome to the North American Subaru Impreza Owners Club Thursday January 18, 2018
Home Forums WikiNASIOC Products Store Modifications Upgrade Garage
Go Back   NASIOC > NASIOC General > News & Rumors > Non-Subaru News & Rumors

Welcome to NASIOC - The world's largest online community for Subaru enthusiasts!
Welcome to the NASIOC.com Subaru forum.

You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, free of charge, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, so please join our community today!

If you have any problems with the registration process or your account login, please contact us.
* Registered users of the site do not see these ads. 
Thread Tools Display Modes
Old 07-03-2009, 08:34 AM   #1
Scooby Guru
Member#: 73805
Join Date: Nov 2004
Location: NEPA
forward in Italian

Default Ford sales rise 24% in Canada to top GM

TORONTO (Reuters) -- Ford Motor Co. was the No. 1 selling automaker in Canada in June as it posted a 23.8 percent jump in sales over the same month a year earlier.

Ford of Canada sold 28,274 light vehicles, including its Swedish Volvo brand, marking its first year-over-year increase of 2009.

Ford also took the No. 1 spot in Canada in February, including Volvo sales. Today, the automaker said its Ford, Lincoln and Mercury brands combined to lead Canadian sales for the first time in 50 years.

Through May, Ford had a 14.2 percent second-place Canadian market share, and General Motors had a market-leading 19.2 percent. In June, GM's sales fell 30.9 percent to 22,298.
Ford's car sales dipped 3.2 percent last month to 7,205 units, while truck sales jumped 36.9 percent to 21,069.

Last month's final numbers for the overall industry were not in yet, as automakers report Canadian sales results throughout the day. But a Ford Canada executive said he expected an industry-wide decline of about 14 percent.

David Mondragon, Ford Canada's CEO, told Reuters that while the overall market appears to have bottomed, there will likely be some difficult months ahead before sales really begin to recover in the fourth quarter.

No flag-waving

"We are not waving a flag of victory by any means," he said. "This was a good month and we're going to celebrate the month, but we're going to continue to focus on our plan to grow our share of the market as the year goes on."

General Motors entered Chapter 11 bankruptcy protection June 1 and both it and Chrysler Group, also in bankruptcy protection in the United States, had many plants closed during the month to help cut back on inventory levels.

Mondragon said that while Ford Canada expects industrywide vehicle sales to be down by 14 percent to 18 percent throughout the third quarter, the company is already beginning to ramp up production.

"We've added 16 percent of year-over-year production increase in the third quarter to help us meet higher levels of demand and forecast higher levels of demand as we go into the later part of the third and into the fourth quarter," he said.

* Registered users of the site do not see these ads.
AVANTI R5 is offline   Reply With Quote
Sponsored Links
* Registered users of the site do not see these ads.

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Any places in Canada to get a 2.5L shortblock? WRXShawn Canada Region Forum 5 06-24-2006 04:17 AM
Cheapest place in Canada to get Cobb AP? ST3 Canada Region Forum 5 04-02-2006 10:37 PM
Home Values Up 13% Across U.S., With D.C. Region's Prices Rising 24% Janq Off-Topic 115 12-23-2004 03:45 PM
March 04 Impreza Sales - Big Drop in US and Big Rise in Canada Jon [in CT] News & Rumors 27 04-05-2004 01:49 PM
Good places in Canada to buy Rims/Parts symby Canada Region Forum 6 03-17-2004 09:50 PM

All times are GMT -4. The time now is 04:40 PM.

Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Powered by Searchlight © 2018 Axivo Inc.
Copyright ©1999 - 2017, North American Subaru Impreza Owners Club, Inc.