As if things weren’t bad enough on the stateside across the Atlantic Ford’s European sales were down 4.7 percent in July. FoMoCo sells its vehicles in 51 European market and in July sales were down a total of 149,800 units as compared to the same month last year.
But Ford is optimistic since European sales for the first 7 months are up 2 percent to 1,196,200 vehicles sold.
“Despite the economic headwinds affecting the industry, we are on track to sell more vehicles than we did last year — and 2007 was already a record year for us,” said Ingvar Sviggum, Ford of Europe’s head of marketing and sales.
Sviggum says that new cars like the Ford Kuga and the upcoming Ford Fiesta will help the automaker. The UK remains Ford’s largest market in July with sales up 4.3 percent to 32,200.
Source: Automotive News (Subscription Required)