Ford’s Comeback Continues

Ford’s (NYSE:F) European sales and market share have risen in spite of Europe’s financial crisis. Its traditional 19 European market sales totaled 95,800, up 4.7% from last year. Market share rose 0.5 points to 8.1%. Ford credited its gains on strong products mainly the new Ford C-MAX and the new Ford Focus.

Roelant de Waard, Ford (NYSE:F) of Europe’s vice president for marketing, sales and service said, “It’s clear that the total auto industry sales are continuing to suffer as the European economic crisis weighs heavily on consumer confidence.” However, “the Ford (NYSE:F) brand is continuing to make solid progress in strengthening its position in our key traditional markets of Germany and the U.K., and we also are maintaining our momentum in growth markets such as Russia and Turkey.”

In Ford’s (NYSE:F) largest European market, the U.K., sales rose 8% to 23,500 units and market share rose 0.6 points to 14.8%. Ford’s (NYSE:F) second-largest European market, Germany, saw October sales rise 6.8% while market share rose 0.5 points to 8%.

Here’s how car makers are trading now:

  • Ford Motor Co. (NYSE:F): The shares recently traded at $10.93, down $0.09, or 0.82%. Its market capitalization is $41.54 billion. They have traded in a 52-week range of $9.05 to $18.97. Volume today was 24,851,475 shares versus a 3-month average volume of 65,158,000 shares. The company’s trailing P/E is 6.56, while trailing earnings are $1.67 per share. About the company: Ford Motor Company designs, manufactures, and services cars and trucks. The Company also provides vehicle-related financing, leasing, and insurance through its subsidiary. Get the most recent company news and stock data here >>
  • General Motors Corporation (NYSE:GM): The shares recently traded at $23.21, up $0.22, or 0.96%. Its market capitalization is $36.31 billion. They have traded in a 52-week range of $19.05 to $39.48. Volume today was 8,421,951 shares versus a 3-month average volume of 13,859,700 shares. The company’s trailing P/E is 5.07, while trailing earnings are $4.57 per share. About the company: General Motors Co. manufactures and markets new cars and trucks. The Company offers features for special needs drivers, OnStar vehicle protection, service, parts, accessories, maintenance, XM satellite radio, features for commercial owners, and more. General Motors offers its vehicles and services worldwide. Get the most recent company news and stock data here >>
  • Toyota Motor Corp. (NYSE:TM): The shares recently traded at $63.97, down $0.34, or 0.53%. Its market capitalization is $100.29 billion. They have traded in a 52-week range of $63.53 to $93.90. Volume today was 226,725 shares versus a 3-month average volume of 559,295 shares. The company’s trailing P/E is 38.58, while trailing earnings are $1.66 per share. About the company: TOYOTA MOTOR CORPORATION manufactures, sells, leases, and repairs passenger cars, trucks, buses, and their related parts worldwide. The Company also operates financing services through their subsidiaries. Toyota Motor builds homes, produces pleasure boats, and develops intelligent transportation systems including radar cruise control and electronic toll collection systems. Get the most recent company news and stock data here >>
  • Honda Motor Co., Ltd. (NYSE:HMC): The shares recently traded at $29.53, down $0.04, or 0.14%. Its market capitalization is $26.61 billion. They have traded in a 52-week range of $28.04 to $44.56. Volume today was 109,440 shares versus a 3-month average volume of 775,166 shares. The company’s trailing P/E is 9.43, while trailing earnings are $3.13 per share. The company pays a dividend of $0.71 per share for a dividend yield of 2.40%. About the company: HONDA MOTOR CO., LTD. develops, manufactures, and distributes motorcycles, automobiles, and power products such as generators and farm machinery. The Company also operates a financial credit business. Honda Motor has manufacturing facilities in the US, Canada, the UK, France, Italy, Spain, Brazil, Mexico, India, and Thailand. Get the most recent company news and stock data here >>

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