Ford says that its global sales will increase by 50% by 2015

Article by Christian A., on June 6, 2011

Citing the Asian expansion and the increasing popularity of small cars, Ford Motor Co. predicts that global sales will increase by 50% by 2015 to 8 million each year. In an e-mail, spokesman John Stoll said that Ford anticipates that by 2020, small cars will make up 55% of sales and that one-third of sales will come from Asia.

In an interview with CNBC, Ford CEO Alan Mulally gave confirmation of this goal. Last year, Toyota Motor Corp. was No. 1 in global automobile sales with 8.42 million, which is higher than General Motors Co.’s sales figures by 30,000.

Coming in at third last year was Volkswagen AG with 7.14 million. It said that it seeks to sell 10 million autos by 2018.

A source said last October that in private, executives are working to meet this target by 2015. Last year, Ford sold 5.3 million vehicles. On Wall Street, Mulally rang the bell on the New York Stock Exchange.

In the CNBC interview, Mulally said that the sales plan “reflects all the work done over the last five years” in order to give Ford the foundation it needs to offer products that people seek all over the world.

He says that Ford hasn’t only been transformed as it now has a product line and a production system that enables it to support its expansion. He exclaimed that after Ford has fought to survive, it is now the “time to profitably grow Ford."

Topics: ford, sales

If you liked the article, share on:

Comments

Recommended

There is definitely a second-generation Super Series from McLaren. Even in camouflaged form, it is simply incredible. But while we still don’t have the full data on how truly dynamic...
by - February 25, 2017
A lot of fans are excited with the news that Porsche could be unveiling a performance version of its Panamera 4 E-Hybrid plug-in hybrid during the 2017 Geneva Auto Show. ...
by - February 25, 2017
Tesla is finally setting a more “definite” schedule with regards to the official launch of the Tesla Model 3 electric car. A “limited production” is said to be slated to...
by - February 25, 2017
Are you a big fan of legendary boxer Mike Tyson, the former heavyweight world champion? Or are you a big fan of the iconic Ferrari F50? Either way, you will...
by - February 24, 2017
It seems that AM-RB 001 hypercar is not the only vehicle project that Aston Martin and Red Bull Racing has gone into. This time, don’t expect something as outlandish as...
by - February 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries