Ford to Set Hybrid Sales Record in Five Months
Ford Motor Co. (F), seeking to challenge Toyota Motor Corp. (7203)’s dominance in gasoline-electric vehicles, said it will pass its full-year record for U.S. hybrid sales this month on demand for its Fusion and C-Max models.
Hybrid deliveries for Ford reached a monthly record 8,481 in April, bringing the total this year to 29,561, said Erich Merkle, U.S. sales analyst for the Dearborn, Michigan-based company. Ford’s annual record for such sales was 35,496 in 2010.
Chief Executive Officer Alan Mulally has rolled out the new C-Max hybrids and electric versions of its redesigned Fusion sedan in the past year to take on Toyota, which has dominated with its Prius hybrids since the early 2000s. The new models build on Ford’s effort to add more fuel-efficient smaller cars that complement its st
May 04, 2013