Ford Motor Company operates in the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ford with three other
major automobile manufacturers :
Volkswagen AG
of GERMANY
(2020
sales of 222.88 billion Euros [US$260.99 billion]
of which 72%
was Passenger Cars),
Daimler AG
of GERMANY
(2020 sales: 154.31 billion Euros [US$180.69 billion]
of which 62%
was Mercedes -Benz Cars & Vans), and
Toyota Motor Corporation
which is
based in JAPAN
(2021 sales of 27.21 trillion Japanese Yen [US$245.75 billion]
of which 90%
was The Automobile Business).
Note: not all of these companies have the same fiscal year: the most recent data for each company are being used.
Sales Analysis.
During the second
quarter of 2021, sales at Ford totalled
$26.75 billion.
This is
an increase of 38.1%
from the $19.37 billion in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at Ford in the previous 35 quarters.
During the first two
quarters of 2021, sales totalled $62.98 billion, which is
17.3% higher
than through the first two quarters of 2020.
Ford reported sales of $127.14 billion
for the
year ending
December of 2020.
This
represents
a
decrease of 18.4%
versus 2019, when the company's sales were $155.90 billion.
Contributing to the drop in overall sales was the 19.3% decline
in Automotive, from $143.60 billion to $115.89 billion.
There were also decreases in sales in
Ford Credit (down 8.6% to $11.20 billion)
.
However, these declines were partially offset by the increase in sales of
Mobility (up 36.6% to $56.00 million)
.