Thursday, March 1, 2012

The Truth About Ford Focus Sales

We're still waiting to get the final February sales numbers on all automakers, but one emerging story is that the Ford Focus has finally outsold its domestic rival, the Chevrolet Cruze.

Throughout 2011 and January 2012, the Cruze led the Focus, with the Chevy beating the Ford last year by a substantial margin (231, 860 units for the Cruze versus 175,709 for the Focus). Last month the Cruze did 15,049 units versus 14,440 for the Focus. This month, independent analyst Timothy Cain is reporting that the Focus finally bested the Cruze. Chevrolet moved 20,427 Cruzes versus 23,350 for the Blue Oval's small car.

Ford is touting a 115 percent year-over-year gain for the Focus, having sold 10,879 Foci in February 2011, but their fleet percentage back then, according to TrueCar, was just 1.6 percent.. One year later, it's closer to 20 percent. February wasn't even over when Ford started sending out press releases claiming that Focus sales are on pace to double this month compared to February of 2011. With reports of Ford Focus fleet sales hovering around 45 percent, we thought that it would be worthwhile to look at the fleet/retail breakdown for the Focus and Cruze in 2011, as a means of providing a bit of context .

 

Fleet sales, as we all know, cut into margins and hurt resale value. The Cruze and Focus weren't that far off in the fleet race, but the big gap was in retail sales.

While Ford was complaining about not having enough Focus models to sell last year, the timing of Ford's decision to dump Foci into their fleets (Ford wouldn't give us a breakdown of daily rental sales either, stating that their total mix is around 12 percent) is also curious. Was this an attempt to move cars that were prone to quality issues (the MyFord Touch and dual-clutch gearboxes in particular) away from consumer hands? Even when Ford reached a "sales high" of 22,303 units in May of 2011, they were still sending 41.4 percent of Foci to the fleets. Check out the month-by-month charts below for a better breakdown.

When Focus inventory was at its lowest points, its fleet sales were relatively high. This trend starts to reverse itself as inventory becomes higher.

Looking at the bigger picture, inventory overall bouncing back and the Japanese automakers finally shrugging off their production woes, numbers for the Civic and Corolla should be even higher – the Civic was far and away the leader last year, and Honda barely moved any of them to fleets – by contrast, in June of 2011, Ford sent 50 percent of its Focus volume went to fleets. We'll know more as the day progresses, but the compact segment as a whole is looking very strong for this month.

Thanks to TrueCar and Timothy Cain for the sales numbers

 

 



from The Truth About Cars http://www.thetruthaboutcars.com




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