Latest Automotive Industry News Discussion of all topics pertaining to future automobiles or all Fuels that move them - Gasoline, Diesel , Bio Diesel , E85 , Battery , Hybrids , Electric , Hydrogen Powered , Solar Panel ..

Report: Ford defends ballooning fleet sales

Thread Tools
 
Search this Thread
 
Old Mar 31, 2012 | 03:10 PM
  #1  
Diesel Bombers's Avatar
Thread Starter
|
Staff Reporter
Joined: May 2007
Posts: 16,929
Likes: 54
Default Report: Ford defends ballooning fleet sales



"Fleet" is sort of a dirty word when describing vehicle sales, and the Detroit Three have traditionally been quite smitten with bulk buyers. Unfortunately fleet sales have been demonized for a reason. They can adversely affect resale values, and since fleet buyers tend to expect warehouse store pricing, they're obviously not great for the bottom line, either. But one automaker seems more than happy to sell to fleets: Ford.

Bloomberg reports that a larger percentage of Ford's overall sales are going to fleets, rising from 22 percent of in 2006 to 27 percent in 2011. Of those vehicles, 41 percent reportedly went to the likes of Hertz and Enterprise. That leaves the rest of the sales at the local, state and federal level, plus a smattering of commercial buyers. In other words, needy customers with cash in hand. And those buyers tend to want high-margin rides like trucks, crossovers and SUVs; vehicles Ford make money on.

Ford fleet director Kevin Koswick tells Bloomberg that the automaker knows what it's doing, adding "I don't see it as an issue as long as you manage your fleet and you're balanced in what you do."Ford defends ballooning fleet sales originally appeared on Autoblog on Sat, 31 Mar 2012 16:03:00 EST. Please see our terms for use of feeds.


More...
 

Last edited by Jazz; Mar 31, 2012 at 03:32 PM.
Reply
Old Mar 31, 2012 | 03:25 PM
  #2  
Eddiebuntain's Avatar
Diesel Enthusiast
Joined: Feb 2012
Posts: 427
Likes: 38
From: G.I. Nebraska
Default

Now if they could stop deleting cruise control. A couple of our service trucks have it, but most were delivered without, a real pia on long service calls or parts runs here in the flatlands.
 

Last edited by Eddiebuntain; Mar 31, 2012 at 03:29 PM. Reason: recorrect autocorrect
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Diesel Bombers
Latest Automotive Industry News
0
Feb 4, 2015 04:10 PM
Diesel Bombers
Latest Automotive Industry News
0
Nov 4, 2014 01:30 PM
Diesel Bombers
Latest Automotive Industry News
0
Oct 14, 2014 10:10 AM
Diesel Bombers
Latest Automotive Industry News
0
Oct 14, 2014 08:40 AM




All times are GMT -5. The time now is 06:19 AM.