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post #1 of 2 (permalink) Old 07-09-03, 07:52 AM Thread Starter
Mr. Embargo
 
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USA: Ford extends incentives to September 2

Ford Division announced today that it will continue its current national sales incentives programs essentially unchanged through Sept. 2. Offers include customer cash rebates up to $4,000, zero percent financing for up to 60 months on many models and bonus cash programs on Taurus, Ranger, Windstar and Excursion. Ford also extended a special $750 Military Appreciation discount.


"Ford's sales performance has been strong so far this year, and these programs will help keep our momentum going as the economy gathers steam, thanks to low interest rates, tax cuts and the stock market rebound," said Steve Lyons, Ford Division president. "We think the second half of 2003 will be stronger than the first."


Through June, six Ford nameplates - Focus, Taurus, Mustang, Crown Victoria, Escape and Expedition - have seen sales and market share increases compared with last year.

Expedition sales are up 17 percent in a segment that is down 2 percent
Escape sales are up 14 percent in a segment that is up 6 percent
Focus sales are up 4 percent in a segment that is down 4 percent
Mustang sales are up 9 percent in a segment that is down 22 percent
Taurus sales are up 4 percent in a segment that is down 6 percent
Crown Victoria sales are up 4 percent in a segment that is down 3 percent

Highlights of the 2003 model incentive program include:


Zero Percent Financing*

60 months: Taurus, Ranger, Explorer, Explorer Sport, Expedition, Excursion (gasoline engine), Windstar, Crown Victoria, Escort ZX2, F-150, Econoline
48 months: Focus
36 months: Explorer Sport Trac, Mustang, Excursion (6.0-liter diesel engine), F-Super Duty (excluding 6.0-liter diesel models), Escape, F-150 SuperCrew

* In lieu of customer cash; higher rates may apply for different contract lengths; not all customers will qualify for the lowest rates


Customer Cash**

$1,000: F-Super Duty (diesel)
$1,500: Escape
$2,000: Focus, Explorer Sport Trac, Escort ZX2, Excursion (6.0-liter diesel engine), F-Super Duty (7.3-liter diesel)
$2,500: Mustang, Taurus, F-150 SuperCrew, F-Super Duty (gasoline engine), Escort ZX2
$3,000: Ranger, Explorer, Expedition, Excursion, Windstar, Crown Victoria, Econoline, F-150
$4,000: Excursion (gasoline-engine models), Explorer Sport

** In lieu of zero percent or reduced interest rate financing

*Retired.
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post #2 of 2 (permalink) Old 07-09-03, 07:53 AM Thread Starter
Mr. Embargo
 
Join Date: May 2001
Location: Embargoland
Posts: 3,745
Re: USA: Ford extends incentives to September 2

Ford announced on Tuesday that it would continue its current national sales incentives programmes in the United States essentially unchanged until September 2.

Offers include customer cash rebates of up to $US4,000, 0% financing for up to 60 months on many models and bonus cash programs on Taurus, Ranger, Windstar and Excursion. Ford has also extended a special $750 ‘Military Appreciation’ discount.

"Ford's sales performance has been strong so far this year, and these programmes will help keep our momentum going as the economy gathers steam, thanks to low interest rates, tax cuts and the stock market rebound," said Ford Division president Steve Lyons. "We think the second half of 2003 will be stronger than the first."

Ford claims that, for 2003 to the end of June six models – Focus, Taurus, Mustang, Crown Victoria, Escape and Expedition – have seen increased sales and market share compared with last year.

Expedition sales are up 17% in a segment that is down 2%; Escape sales are up 14% in a segment up 6%; Focus sales are up 4% in a segment down 4%; Mustang sales are up 9% in a segment down 22%; Taurus sales are up 4% in a segment that is down 6% and Crown Victoria sales are up 4% in a segment down 3%.

Source: Just-auto.com

*Retired.
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