Friday, 9 October 2015
Fords Motors Releases Great Sales Figures
The corporate giant has broken all records by reporting a rise of 23% on year-to-year sales.
Fords Motors has recently reported its sales figures on October 1, which came around to be surprisingly higher than the expectations of the analysts. The yearly report showed that the auto-making giant observed a rise in sales. As compared to the previous year’s sales, an upgrade was seen by 23%, a massive improvement to be taken into consideration by its rivals. As for the sales in the retails department, the rise was still observed and the report showed that it did not show any signs of slowing down any time soon. All the good news apart, Fords cars have still not been performing as they are expected to do so. It was seen that despite the progress made, the share value of the company was not showing any signs of growth, which the analysts are wondering where the hybrid car makers could be headed in near term. Investors in the vehicle company have turned out to be a little confused about what to think about the future of the company, which is why they have been reluctant to make huge investments. On a different note, recent Fords news informed the industry analysts that the sales report for the month of September was not just a huge success, but it was also a major step ahead taken by the giant to fight with its rivals in a much better way than it was doing before. As of the sales made in the last month alone, the numbers came around to be at 221,599, which, according to the analysts, is a number that can shake up the entire American auto industry. Keeping in mind that the sales in September increased by a massive 23 percent as compared to the year before, analysts are talking about how the firm has even broken its own records as in August its sales were raised by just 5.4 percent whereas in July it rose by 4.9 percent only. This also shows that the American auto manufacturer seems to be doing wonders in the industry, while it is also beating records made by other auto giants in the market. The luxury car maker has proved to be better than expectations and for the near term future, the company’s sales are predicted to get better on bigger levels. Analysts are not the only ones to be bullish about the company now, as investors have shown positive sentiments towards the company as well.
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