According to the Detroit Free Press, Ford sold more vehicles than GM for the first time in over a decade. Numbers don’t lie – Ford sold 43% more vehicles than they did a year ago, with over 142,000 vehicles being sold in February, compared to just 99,000 last year. GM sold a little less than Ford did, but that doesn’t mean that Ford isn’t going to celebrate – the last time they outsold GM was when GM workers were on strike.
Nationwide auto shippers have been watching Ford and GM for quite some time and have noticed how many new Ford vehicles have been shipped. Ford is anticipating even more strong sales, and their stock has risen to $12.68 per share in morning trading, which is a five-year high. Wall Street doesn’t lie, and the New York powerhouse is saying that Ford’s gains are only just beginning. The strength of Ford’s new products are definitely resonating with consumers as well, which means that even more vehicles could be sold as Ford continues it’s trek through this economic battlefield that they have been in for quite some time.