Ford Motor Co. (NYSE: F) continues to sit in the pit of lagging sales and mountains of losses, even as some of its vehicles continue racking up awards and industry praise. In the 2007 Strategic Vision report on "most delightful" vehicles, the Detroit automaker won or tied for first in six categories -- the most of any automaker. So, why aren't Ford's sales reflecting all this jubilation? Hard to tell, but you may want to ask Toyota Motor Co. (NYSE: TM) about it.Here are Ford's results from the six categories it won or tied for first in: Ford's Mazda3 (small car); Ford's Volvo V50 Wagon (medium multifunction); Ford 's Expedition EL (large SUV); Ford's Lincoln MKX (tied for near-luxury SUV); Ford's Land Rover Range Rover Sport (luxury SUV); and finally, the Ford F-250/350 (heavy-duty pickup).
So, it really was not all Ford's nameplate, but a bevy of its brands that helped it achieve record success here. Although rival automaker General Motors Corp. (NYSE: GM) garnered a decent awards showing as well, Ford took top honors across the board. But then again, 2008 automobile sales in the U.S. are expected to slow down to lead to a flat year of sales growth, so Ford won't be the only one seeing middling success this year in the U.S. new car market. At least it will have some awards to plaster on those showroom marketing plaques.
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Reader Comments (Page 1 of 1)
1-09-2008 @ 3:49AM
Joseph Luk said...
The problem is that four of those "award winning" cars are truck based. As gas prices rise and Truck and SUV sales drop precipitously, it doesn't pay to be the leader in these categories. Of the other two cars, only the Mazda will sell enough volume to make much of a dent in Ford's poor bottom line. The solution to Ford's problem is right in front of them, across the pond in Europe. Auto enthusiasts sites like Autoblog and Jalopnik constantly bemoan the fact that European Ford models are far better than their US counterparts. Ford has said that it would be too expensive to import their European cars here, which I agree, but Ford certainly could have utilized their design teams from across the pond. The European group is clearly doing something right. Case in point is the Ford Focus. In America, the Focus is based on an outdated platform and powerplant. In addition the most recent version is an absolute eyesore. In Europe, the Focus is a completely different car, with much more of a sport compact flair. According to MSN the focus was the 3rd best selling car in Europe in 2006. If I were Ford, I would seriously consider utilizing European design resources to raise the quality of their high volume US cars. Ford definitely has something good going with SYNC, but it needs competitive high volume cars while they still have exclusivity on the system.
1-09-2008 @ 10:43AM
jpdr1100 said...
This crediting Ford for wins by its other brands is laughable. Ford had nothing to do with the design and build of the Mazda 3, Volvo V50, or the Range Rover. In fact in a few weeks the Land Rover won't have anything to do with Ford since it's being sold.
And of course the domestic-loving media reports this on a one-way basis. When to 2007 J D Power ratings came out, Ford got credit for the Miata's high ranking, but no where was it held to blame for Mazda's (and Land Rover's) overall bottom quality ranking.