Tags: Ford | Vehicle | Prices | Rose

Ford Says Its Average Vehicle Prices Rose By More Than $1,000

Wednesday, 29 February 2012 11:25 AM

Ford Motor Co. has boosted the average sales price of its vehicles by more than $1,000 from a year earlier, said Erich Merkle, the company’s sales analyst.

Ford’s transaction prices are rising on demand for higher- trim versions of models such as the Explorer sport-utility vehicle and Focus compact, Merkle told reporters in Dearborn, Michigan.

Industrywide U.S. auto sales may run at a seasonally adjusted annualized rate in the mid-14 million range in February, including medium- and heavy-duty pickups, he said.

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Wednesday, 29 February 2012 11:25 AM
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