Toyota Recall Helps Ford Sales Surge 25% in January

Posted on February 2nd, 2010 in News and Commentary

Toyota Recall Helps Ford Sales Surge 25% in January

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Ford Motor  reported that sales surged 24.6% last month, as it took advantage of a revived product lineup and consumer concerns about the recall of its closest competitor, Toyota Motor Corp. In January, Ford says it sold 116,406 vehicles, up from 93,506 a year ago, with passenger cars accounting for the bulk of the sales increase…

Lately, Ford has had a knack for doing things right, and Toyota for doing them wrong. Ford said resale value among its Ford, Lincoln, and Mercury brands rose more than $1,300 a vehicle in the last year, closing the gap on Japanese rivals, which also include Honda Motor  and Nissan Motors.

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