Ford Shares Down 13% This Year

By Douglas A. McIntyre Updated Jan 13, 3:10AM EST · Published Sep 26, 9:00AM EDT

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Ford Motor Co.’s (NYSE: F) shares are down 13% this year and show no sign they will recover. The company runs in second place in sales in the United States, but it does much worse in China and Europe.

Through August, U.S. sales were higher by 1.9% to 1,784,009 year to date. The numbers are part of a larger trend, which is that industry sales in America have peaked. Ford relies so much on domestic sales that a peak does it a great deal of damage.

Sales of Ford’s flagship car brand have been especially badly damaged. They are off 11.3% to 478,777 year to date. Some of the best-selling cars have suffered particularly this year. Focus sales are down 14.3% to 128,889. Sales of the Fusion model are off 8.1% to 189,892.

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The brightest light in Ford’s U.S. operations is the sales of its largest selling vehicle by far. For the first eight months of the year, F-series pickup sales have risen 6.7% to 527,847.

Finally, Ford continues to march forward with electric car and self-driving vehicle initiatives. But so does every other large car company in the world.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.