Ford’s Impressive 2011

Shares of Ford ($F) are doing well today on the news that the company reported very good sales for 2011. Here are some highlights from today’s press release:

U.S. sales of the Ford brand totaled 2,062,915 vehicles in 2011, sealing its first three-point market share gain over three consecutive years since 1970

Ford brand small car sales were up 25 percent in 2011, with 244,291 vehicles sold, while utilities increased 31 percent with 579,626 sales. Ford sold 584,917 F-Series pickups in 2011, making it the best-selling truck for 35 consecutive years and the best-selling vehicle for 30 years

Ford posts best December retail sales month since 2005; total company sales in December were up 10 percent

The company said it expects the U.S. economy to expand by 2% to 3% this year. The stock got as high as $11.53 today which is a two-month high.

Posted by on January 4th, 2012 at 1:30 pm


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