Let's get a few Ford messages on here:
Ford Motor Co. (NYSE:F)
Ford experienced its highest percentage of February growth in six years, coming in at 9 percent growth for February in the year-over-year calculations. The company sold 195,822 vehicles.
Trucks were up 4 percent, cars were up 6 percent, and utility vehicles grew by an impressive 21 percent last month. The Escape, Ford’s crossover SUV, and the Fusion, Ford’s midsize sedan offering, both set sales records.
The problem is is you hold this past earnings you'll get crushed. It happens every time. A nice run to earnings and then they will say something on the CC to cause the stock to sink.
Ford's financials should also perform quite nicely this quarter. The two models in February that slumped a bit were the Fiesta and Focus. These are probably the two lowest profit making vehicles in their lineup. The vehicles that generate the highest profits did very well. Even the Explorer was up over 50% for February. Ford needs to double down on its quality efforts. The high tech nature of today's vehicles make that a difficult task but I think they can do a better job than they have been.
Sentiment: Strong Buy
What do you think explains the drop in sales of the Focus and Fiesta?
I thought of three explanations:
1) Buyers of these two vehicles where hurt by the increase in the payroll taxes at the end of 2012.
2) Other models cannibalized or competition from other brands took away sales from these vehicles
3) These vehicles have become stale (especially the Fiesta) and need to be refreshed.
As usual I welcome other explanations. Don't be nasty I just trying to get to the bottom of what's going on.
Nothing is hopeless ...... the political posters landed here because there's enough of them to keep it going. Some of their posts are actually intelligent while others are just unfounded spewing of their own opinion with no room for others ....... Anyway, let's see if we can get some FORD posters back.
Each monthly sales report shows the continued growth of FORD. Europe will turn around quicker than you think as FORD was one of the first to address the issue. I'm bullish you'll see $20+ within 18 months ... IMHO.