As Escape, Fusion Set Sales Records Ford Sees Strong Hybrid, MFT Pickup
April 18, 2013 3:24 PM
comment(s) - last by
Infotainment and hybrid sales appear to be helping for make the pitch
Q1 2013 was a record setter for Ford Motor Comp. in the so-called "super segment". The company saw sales of 72,983
Ford Explorer SUVs
(28,934 in March) and 80,558 Ford Fusion sedans (30,284). That's the best the Explorer has sold since the launch of the nameplate 13 years ago. And it's the first time Ford has sold 30k+ Fusions in a single month or 80k+ in a quarter.
I. Hybrids, Infotainment See Strong Sales
The automaker tells us hybrid and infotainment technology were key drivers to the record sales. SYNC comes standard on Fusion and was a selected option in 98 percent of Explorers. MyFord Touch,
from reviews agencies, was picked up by a whopping 60 percent of Fusion buyers and 63 percent of Explorer buyers.
Ford Fusion and C-Max hybrids moved 21,080 units in Q1. Ford saw much of this buying push coming from the cities -- Fusion Hybrid rose 518 percent in New York, 478 percent in Los Angeles, and 325 percent in San Francisco.
The 2013 Ford Fusion
The 2013 Ford Explorer
In terms of electrification not all has gone perfectly for Ford. Ford Focus Electric sales have been
very low volume
. But ultimately that's somewhat immaterial for Ford as just by having the vehicle in its fleet -- regardless of units sold -- it raises its average federal-certified fuel economy (which is a flat average across models, not based on unit sales).
II. Courting Younger Buyers
Ford's current marketing is
focused on both the younger adult buyer and the middle-aged/early-retirement segment
. The hybrids and infotainment are critical to Ford snagging those younger buyers. Ford says that 21 percent of hybrids ales are to drivers under 36, versus 29 percent of overall Fusion sales.
The first thing to note from that figure is that's a big chunk for both hybrid and non-hybrid sales, for a CD vehicle -- a more expensive segment. While the hybrid figure indeed shows less young people are picking the hybrid variant than older buyers, it's also impressive not to see a bigger gap, given that the hybrid Fusion SE starts at $27,200 USD versus $23,830 USD for a non-hybrid Fusion SE.
Ford is snagging more young buyers than before.
The base Fusion SE has a fuel economy of 34/22 mpg (highway/city), while the hybrid
gets an even 47/47 mpg (highway/city)
. Assuming a 40-mile daily commute that's a 50-50 mix of city and highway driving for a five day work week, you'd save about 150 gallons of gas a year with the hybrid (on a 10.4k miles basis). That means at $3.50 USD/gallon you'd save $525 USD per year and break even at 6 and 1/2 years (at $3.50 USD/gallon gas) or 5 and 1/2 years (at $4.00 USD/gallon gas).
Ford still has its work cut out for it in winning over infotainment reviewers and figuring a path to driving battery electric vehicle/plug-in sales, but it appears to be doing quite well in overall sales and in courting younger buyers, thanks to its
aggressive technology push
on multiple fronts.
This article is over a month old, voting and posting comments is disabled
RE: Target Bracket
4/18/2013 10:05:47 PM
That's for the creditors to decide. Ford gets paid whether the buyer defaults on their loan or not.
"Game reviewers fought each other to write the most glowing coverage possible for the powerhouse Sony, MS systems. Reviewers flipped coins to see who would review the Nintendo Wii. The losers got stuck with the job." -- Andy Marken
Ford Sees a Manual Comeback, Rebukes Consumer Reports, Targets "Gen Y" Ads
March 22, 2013, 3:23 PM
Ford Now Expects Focus EV Sales Growth to Come Slowly
February 21, 2013, 9:07 AM
CES 2013: Ford Launches "First Open Developer Program in the Auto History"
January 7, 2013, 11:27 PM
Ford Hits Rock Bottom in Consumer Reports Reliability Survey Thanks to MyFord Touch
October 30, 2012, 9:24 AM
2013 Ford Fusion Hybrid EPA Certified at 47 MPG (City/Highway)
September 18, 2012, 8:10 AM
Hot Air? President Obama, G7 Pledge to Eliminate Most Fossil Fuel Use by 2100
June 8, 2015, 5:40 PM
Study Predicts Self-Driving Vehicles Could Rake in Billions
March 6, 2015, 8:34 AM
Dual-Motor Tesla Model S P85D's "Insane Mode" Shocks Passengers
January 28, 2015, 11:18 PM
2016 Cadillac CTS-V Packs 640 hp Punch with 200 mph Reach
January 23, 2015, 3:25 PM
BMW Testing Tech to Allow Users to Auto-Park, Summon Cars Via Smartwatch
December 16, 2014, 9:30 AM
Lamborghini Offers Up $6,000 Leather-Bound Android Smartphone
December 12, 2014, 3:12 PM
Most Popular Articles
Exclusive: If Intel and Micron's "Xpoint" is 3D Phase Change Memory, Boy Did They Patent It
July 29, 2015, 10:52 PM
Windows 10 to Get New Features in October Service Release 2 (SR2)
July 30, 2015, 5:50 PM
Quick Note: Apple Watch to Get Brick and Mortar Boost From Best Buy
July 27, 2015, 3:00 PM
Cortana Help Button is Coming Soon for $23
July 30, 2015, 5:07 PM
As iPad Sales Wane and Watch Flops, iPhone Saves Apple's Profit With Its Heroics
July 22, 2015, 6:13 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2015 DailyTech LLC. -
Terms, Conditions & Privacy Information