Garry Yeoman Ford Lincoln Mercury
Corporate News:
Ford Lincoln Mercury closed the month of March strong delivering a +43% increase in sales versus prior year,and a +30% increase over February 2010. Ford brand sales were up +46%, Lincoln was up +19% and Mercurywas up +26%. Cars had the best year over year performance up +53%, while utilities were up +46%, and trucks were up +33%.
Preliminary industry estimates show the total retail SAAR to be 9.4 million in March, the healthiest retailindustry since September 2008 (excluding the Cash for Clunkers months). With the strong sales performancethis month, March marks the 17th time in the last 18 months that Ford Motor Company gained retail marketshare. Total FLM U.S. market share is estimated to be in the 16.1% range, which would be up 1.8 percentage points from a year ago.