The Traderszone Network

Published in TZ Latest News 13 June, 2017 by The TZ Newswire Staff

Europeans Love SUVs, Too: Ford’s Europe Sales Are Rising

Ford Motor Company (NYSE: F) said its sales in Europe rose 6% in May, on strong demand for its small and midsize crossover SUV models.

Ford sold about 118,000 vehicles last month in the 20 Western and Central European markets (the “Euro 20”) that it considers its core market in the Old World. That’s up 5.8% from a year ago. But it lagged the overall market’s 7.6% advance, meaning Ford’s market share fell 0.1 percentage point from a year ago, to 7.4%.

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