Ford Celebrates Global Sales
Ford Motor Co. (NYSE: F) announced that its Focus was the best-selling car in the world last year, at least based on data from research firm Polk. What Ford passed on disclosing is whether the car makes money, which would seem to be an even more important measure. No matter. Ford also said its F-150 pick-up was the third best-selling vehicle worldwide, and Fiesta was the best-selling subcompact.
The Ford public relations department reported:
Sales of the compact Focus totaled 1,020,410 cars worldwide according to the automotive data and trends forecasting leader. Market gains for Focus were driven by consumer demand in China and the United States. China registrations were up 51 percent last year, with the market responsible for just more than one out of four Focus vehicles sold globally according to Polk vehicle registration data.
Despite the good news from China, Ford sales still trail those of General Motors Co. (NYSE: GM) and Volkswagen by a wide margin.