US:Ford: Gasoline prices hurting big SUV sales - Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars
Ford Forum Ford Forum

» Auto Insurance
» Featured Product
ยป Wheel & Tire Center

Go Back   Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Fordforums Community > Latest Ford News and Racing News > Ford Worldwide News
Register Home Forum Active Topics Photo Gallery Auto Loans Garage Mark Forums Read Auto Escrow

FordForums.com is the premier Ford Forum on the internet. Registered Users do not see the above ads.
Reply
 
LinkBack Thread Tools Display Modes
Old 09-08-2004, 15:19   #1 (permalink)
Registered User
 
Stacy94PGT's Avatar
 
Join Date: Feb 2001
Location: The Hills of North Georgia,USA
Posts: 7,859
US:Ford: Gasoline prices hurting big SUV sales

Ford: Gasoline prices hurting big SUV sales

Reuters / September 08, 2004

DETROIT -- High U.S. gasoline prices are hurting the sales of one of Ford Motor Co.'s highly profitable sport utility vehicles, the automaker said on Wednesday.

Sales of the Ford Expedition, a full-sized SUV that gets about 16 miles per gallon, fell 23 percent in August and are down nearly 13 percent year-to-date despite heavy consumer incentives. Ford offers $4,000 cash back on the SUV, which received a major make-over two years ago.

"Expedition, of course, is down," said Ford Division President Steve Lyons. "By and large I think that is a by-product of fuel prices."

While Lyons only referred to the Expedition, sales of other big SUVS have also been disappointing this year.

Sales of the gas-thirsty Ford Excursion -- a lightning rod for criticism from environmental groups -- fell 44 percent last month and are down 20 percent year-to-date.

Sales of General Motors' bulky, gas-guzzling Hummer H2, which gets about 13 miles to the gallon, fell 11 percent in August, meanwhile, and are down 21 percent year-to-date.

The aging Chevrolet Suburban SUV, also from GM, saw its sales fall nearly 33 percent in August.

"Overall there has been a little pressure on the industry," Lyons said, referring to the high gasoline prices.

Detroit's Big Three automakers all make a major share of their automotive profits from sales of truck-based sport utilities and pickup trucks. And all have sought to play down the impact of higher fuel prices so far this year.
__________________
Stacy94PGT
My first car was a 67 Mustang Coupe, 2nd one was a 67 Cougar XR-7, 3rd one was a 66 Mustang Coupe. Why did I get rid of these cars for ? I know why, because I'm stupid, stupid, stupid.

My next Ford.....
Stacy94PGT is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 09-08-2004, 15:30   #2 (permalink)
Registered User
 
dodge's Avatar
 
Join Date: Jun 2004
Location: brisvages where else
Age: 42
Posts: 995
Re: US:Ford: Gasoline prices hurting big SUV sales

and i had to go and buy a 428 big block LOL anyone got fuel coupons ???
__________________
dodge is offline   Reply With Quote
Sponsored Links
Advertisement
 
Reply

  Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Fordforums Community > Latest Ford News and Racing News > Ford Worldwide News



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
US:Ford Motor Company Reports August 2004 U.S. Sales Stacy94PGT Ford Worldwide News 0 09-01-2004 16:16
US:Ford analyst is expecting drop-off in August sales Stacy94PGT Ford Worldwide News 0 08-20-2004 08:54
US:Ford & Mazda Sales Stacy94PGT Ford Worldwide News 1 08-03-2004 16:57
USA:Ford Motor Company Reports June U.S. Sales Stacy94PGT Ford Worldwide News 5 07-03-2004 08:38
Lincoln Aviator sales sputter; dealers say the new SUV is priced too high Stacy94PGT Ford Worldwide News 7 04-30-2003 07:19

Powered by vBadvanced CMPS v3.2.2

All times are GMT -7. The time now is 07:26.



Powered by vBulletin® Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0
Garage Plus vBulletin Plugins by Drive Thru Online, Inc.