Ford sold 299,632 (-4.2%) vehicles in Q3 2020

Must Read

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of First Bank of Nigeria Sort Codes in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...
- Advertisement -

Ford sold 299,632 (-4.2 per cent) vehicles in Q3 2020 in its traditional European 20  markets, achieving 7.6 per cent market share.

Ford achieves record share in SUV sales and grows its European commercial vehicle share leadership in Q3 2020. Ford remains Europe’s No. 1 commercial vehicle brand for Q3 and grew market share year-over-year in its European 20 traditional markets to 15.1 per cent.

Sold 94,565 (+3.8 per cent) commercial vehicles in Q3, a quarterly record since 1993. Increased CV demand was accelerated by the increase in home deliveries. Ford sold 64.651 Transit, Transit Custom and Tourneo Custom vehicles, also a record since 1993, and a 10.3 per cent increase compared with Q3 2019.

Ford sold 299,632 (-4.2%) vehicles in Q3 2020

Ford sold 205,067 (-7.5 per cent) passenger cars in the third quarter of 2020. Ford SUV sales climb by one-third to 92,685 units compared with the same period a year ago. New Ford Puma sales account for nearly half of all Ford SUV sales, with 42,362 sold.

- Advertisement -

Signs of recovery in many European 20 markets in Q3, especially those with market stimulus packages. Electrified variants of passenger cars gain traction in Q3. Puma production shows strongest mHEV take rate with 74 per cent mix.

Many markets across Europe have bounced back stronger than expected though still below Q3 last year, with commercial vehicles particularly benefitting from growing societal trends like home deliveries and online shopping. The new Puma is exceeding our sales expectations, with a remarkable 74% of customers choosing the super-efficient and powerful EcoBoost Hybrid engine.

Roelant de Waard, Vice President, Marketing, Sales and Service, Ford of Europe

The all-new Ford Puma ST introduces acclaimed Ford Performance driving dynamics to the compact SUV segment for the very first time in Europe Home delivery trend is pushing the CV segment to new records and Ford to increased market share.

Read Also:  Red Star Upgrades ISO Certification

The new Active and Trail series for the Ford Transit range add toughness and flexibility Roelant de Waard, Vice President, Marketing, Sales and Service, Ford of Europe.

Read Also:  Ford, Mahindra End Discussions for Auto Joint Venture

Ford Explorer PHEV launched across Europe offers electrified efficiency, 7-seat luxury and offroad capability. With more than 1,000 units sold, it crowns Ford’s SUV line-up with charisma and an unprecedented road presence.

- Advertisement -
Ford sold 299,632 (-4.2%) vehicles in Q3 2020 - Brand SpurFord sold 299,632 (-4.2%) vehicles in Q3 2020 - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ford sold 299,632 (-4.2%) vehicles in Q3 2020 - Brand SpurFord sold 299,632 (-4.2%) vehicles in Q3 2020 - Brand Spur

Latest News

GTBank Shareholders Endorse N3.00 Total Dividend for 2020, Applaud Agbaje’s Leadership

Shareholders of Guaranty Trust Bank (GTBank) Plc, at the weekend unanimously endorsed the payment of a total dividend of...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Ford sold 299,632 (-4.2%) vehicles in Q3 2020 - Brand SpurFord sold 299,632 (-4.2%) vehicles in Q3 2020 - Brand Spur