Ford achieves record share in SUV sales

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AK&M 20 October 2020 21:10

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, as it was informed by the company in press release Oct. 19.

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. The company 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 and∙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 same period a year ago.

Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification; mobility solutions, including self-driving.