Financial Times FT.com

Ford sees market share jump

By Bernard Simon in Toronto

Published: July 1 2009 22:03 | Last updated: July 1 2009 22:03

Ford Motor gained significant market share in the US in June, benefiting from new models and the financial woes of its two Detroit-based rivals, General Motors and Chrysler.

Ford’s sales fell by 11 per cent from a year earlier, the smallest drop in 16 months. By contrast, GM was down by 34 per cent, Chrysler by 42 per cent and Toyota by 32 per cent.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this