Ford Sales Double Analyst Estimates in November
December 1, 2009
Headline Alert
Economic Update: Ford Sales Totals (adjusted) for November
Ford reports total November sales were flat in November vs. 2008.
However, StreetAccount reports Ford’ November adjusted sales were +8.6% vs First Call +4.1%
Since there were 2 fewer selling days this year versus 2008, the sales totals need to be adjusted. Thus, StreetAccount notes that on an adjusted basis, sales were actually 8.6% higher.
Ford reported improved market share again in November, which is said to have been higher for the first ten months of the year and 13 of the past 14 months.
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