Boston, MA 10/02/2013 (wallstreetpr) – When it comes to cars, emerging markets are where the booming sales figures are and the big bucks lie. Ford Motor Company (NYSE:F) India reported a rise of 50.95% in total sales in September with 14,217 units being sold in the month. The newly launched EcoSport has become a big hit in the Indian market. In the same month in 2012, the company had sold only 9,418 units. There was a 36.51% rise in domestic sales and Ford Motor Company (NYSE:F) exported 3,577 units in August in comparison to 1,624 units in the same period a year ago. The company is making every effort to reduce the waiting time for the products and also optimizing deliveries.
Across the world, in the United States, where the company has almost always had a very strong run, there was a 62% rise in Fusion sales and a 29% increase in Fiesta sales. To a great extent, this is what helped the company post the best September tally it has had since 2006. In this past month, there was a 6.3% rise in brand sales. The latest report also has it that the company has had 5 straight months of over 60K F-Series sales.
Tuesday’s trading
In Tuesday’s trading, Ford Motor Company (NYSE:F) rose by 1.90%. The shares opened at a price of $16.93, climbed to an intraday high of $17.34 and dipped to a close of $17.19. Approximately 41.81 million shares were traded on Tuesday while an average volume of 36.97 million shares were traded over a 30 day period. The 52-week low of the company’s shares is $9.71 and its 52-week high is $17.77. The company has a market capitalization of $68.94 billion.
About the company
Ford Motor Company (NYSE:F) operates in the international automotive industry. It operates in two segments: Automotive & Financial Services. It manufactures and distributes vehicles across 6 continents. It has automotive brands such as Ford and Lincoln
