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Ford Increases Market Share Yet Again

Sales figures for the month of June have been released and, unsurprisingly, the Ford Motor Company has yet again increased their market share. Between the Ford, Lincoln, and Mercury brands, the company sold a total of 148,153 vehicles in June, representing a drop of 11% versus the sales numbers from June 2008. This decrease is currently the lowest reported drop of all major automakers. You know the economy is in rough shape when having the smallest sales drop makes you the best, but that's just the way it is.
Ford FlexFord Flex
The Ford Flex had a good month in June, the best ever since it was released a year ago, and the Ford Fusion kept going strong with a 26% increase over sales form June 2008. And hybrid vehicle sales were up by 91% over June 2008. The Mustang seems to have established itself nicely in the current economic scene, as sales for this past June were just a hair below sales from last year. And, sales for F-150 and Ranger pickup trucks increased as well. In all, Ford increased its market share by 3 points in June, meaning that the second quarter and half-year numbers released at the beginning of this month reflect an even higher share than predicted.