Mexican Media Brands
Ford: U.S. Car Market Could Reach 17.5 Million in 2015
Ford Motor Co. predicts light-vehicle sales in the U.S. will surpass 17 million units next year, their highest volume since 2001 and could reach as high as 17.5 million units.
#economics
Share
Ford Motor Co. predicts light-vehicle sales in the U.S. will surpass 17 million units next year, their highest volume since 2001 and could reach as high as 17.5 million units.
Joe Hinrichs, Ford president of the Americas, made the forecast in an interview on CNBC television. Ford tells Bloomberg News it won't comment on the prediction until a scheduled meeting with investors on Monday.
Hinrichs cautions that sales could fall short if the American economy and housing market cool. The U.S. auto market grew 5% to 11.2 million units in January-August, but Ford's own sales were flat at 1.7 million vehicles, according to Autodata Corp.
RELATED CONTENT
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.