Tuesday, February 02, 2010

Ford: January sales rise 25% Compared to 2009

by Bill McBride on 2/02/2010 12:00:00 PM

From MarketWatch: Ford U.S. January sales rise 25% to 116,534 units

Ford FORD KICKS OFF 2010 WITH 24 PERCENT SALES INCREASE.

This is based on an easy comparison; in January 2009 U.S. light vehicle sales fell sharply to 9.6 million (SAAR) following the financial crisis and reports of the then impending bankruptcy of GM and Chrysler.

I'll add reports from the other major auto companies as updates to this post. Toyota will be especially interesting because of the shutdown related to quality issues.

Update: MarketWatch: GM January U.S. sales rise 14% to 146,825 units

Update2: MarketWatch: Chrysler U.S. Jan. sales fall 8.1% to 57,143 units

Update3: MarketWatch: Toyota Jan. U.S. sales down 15.8% to 98,796 units

NOTE: Once all the reports are released, I'll post a graph of the estimated total January sales (SAAR: seasonally adjusted annual rate) - usually around 4 PM ET. Most estimates are for a decline into the mid 10s from the 11.2 million SAAR in December.