While GM is likely to surpass two million Chinese-market vehicle sales in 2010, Ford is struggling to reach half a million. Ford was napping and arrived late, in about 2003—six years behind GM. “China’s growth was not on the radar in the mid-1990s,” remembers a former Ford executiv...
Ford and GM have both produced electric vehicles, but GM has more fully embraced the technology. GM Leads U.S. Market Share GM remains the largest market shareholder in the United States, controlling 17% of the industry’s total sales as of 2020.2 In terms of the worldwide market, neither...
Ford sold 82,844 vehicles to fleet buyers compared with GM's fleet sales of 45,976 vehicles. But on a retail basis, Ford sold 158,282 vehicles and was easily outsold by GM, which sold 191,388. Ford said its truck sales rose 9.4 percent in May, while SUV sales increased 4.3 percent ...
CHICAGO, Aug. 2 (Xinhua) -- The big three American automakers -- General Motors (GM), Ford and Fiat Chrysler Automobiles (FCA) -- all reported sales decrease in July, traders said on Wednesday. GM led monthly declines for the big three as its vehicle sales fell 15.4 percent in July co...
GENERAL Motors Co and Ford Motor Co have reported gains in sales in the world's largest auto market last month as Chinese consumers shunned Japanese brands amid a territorial dispute between the two countries. Deliveries of GM's cars and minivans in China climbed 14 percent to 251,81...
and General Motors Corp.(GM) in the U.S., as a response to declining sales of their fleets. In January 2007, sales were down by 4.6 percent to about 1,091,000 vehicles from the previous year's 1,140,000 units. GM's sales analyst Paul Ballew explained that sales to daily rental ...
supportive of strong vehicle sales,” said Mustafa Mohatarem, GM chief economist. “With the U.S. economy strengthening, we anticipate retail sales will be strong for the foreseeable future.” “It’s too early to completely estimate the damage as the situation continues to develop” said Mark...
GM vs Ford Stock, Which Is Best? GM appears to be a better buy than Ford according to analysts, who collectively assess to have 6.0% upside versus 3.2% downside for Ford. Of the 22 Wall Street analysts rating General Motors, 13 rated the stock as “Buy.” Its price target of $52.38...
Analyst says GM, Ford will report lower sales.The article informs that General Motors Corp. Ford Motor Co. will report lower sales for March, according to one analyst. Christopher Ceraso of Credit Suisse First Boston Corp. foresees General Motors sales falling 3 percent to 5 percent from the ...
Ford's net income of $1.83 billion fell 23% from a year ago, while GM's profit dropped 40% to $2.4 billion. High prices, mainly for the pickup trucks and big SUVs that the automakers sold, eased the sting from lower sales.