S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

Ford (F) May Soon Be No.4 Car Company In US

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

FordNice guys finish last. Ford (F) is a fine example. After being the No.2 car company in the US fro decades, it will probably moving into the No. 4 spot behind Honda (HMC) sometime in the next few months.

In July, Ford sold just under 160,000 units in the US, well behind Toyota (TM) at 197,000 plus. Honda moved almost 139,000 cars and light trucks. Ford’s sales for the month were down 14%, Honda’s were off just under 1%.

Chrysler is also about to drop a spot, from No.5 to No.6. Its market share last month was 8.6%. Nissan’s share was 8.4%.

Ranking numbers aside, the data indicate that the market share of the Japanese manufacturers is rising so fast that, even if Detroit can make a large scale switch to small cars, the gains may be permanent.

This year may be the last year in the history of the US car industry when GM’s market share is over 20%, Ford’s is over 14% and Chrysler’s is over 9%. None of the companies may be able to cut enough costs to be profitable at those levels.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

A 70-Year-Old With $1.4 Million Faces a $62,000 RMD That Pushes Him Into a Higher Tax Bracket
Drew Wood |

A 70-Year-Old With $1.4 Million Faces a $62,000 RMD That Pushes Him Into a Higher Tax Bracket
A Couple's $1.2 Million Portfolio Faces a 3.9% Withdrawal Rate That Feels Safe but Is Not
Drew Wood |

A Couple's $1.2 Million Portfolio Faces a 3.9% Withdrawal Rate That Feels Safe but Is Not

Continue Reading

Douglas A. McIntyre |

Ford Sales Expected to Surge in October

October will be another banner month for car sales. Kelley Blue Book expects the overall industry to post a gain…
Douglas A. McIntyre |

Ford Sales Expected to Suffer in April

No large car manufacturer is expected to post results as poor as Ford's. The numbers tell why Ford is expected…
247alex |

The Cars Most Americans Are Shopping For

courtesy of Ford Motor CompanyWhen Americans want to buy a car, nearly one in six will consider buying a Ford.…
Douglas A. McIntyre |

Car Sales In China, The Industry’s Salvation, Rise 63% In March

Car sales in China during March rose 63% to 1.26 million according to the China Association of Automobile Manufacturers. US…
Douglas A. McIntyre |

Quality Ratings Have Little To Do With Car Sales

J.D. Power released its initial quality auto survey for this year which is based on questions put to 78,000 motorists.…
Douglas A. McIntyre |

The World’s Largest Automakers

Courtesy Toyota Motor Corp.After being third behind GM and Volkswagen in 2011, Toyota regained the top spot in 2012 as…
Douglas A. McIntyre |

Chrysler Sales Increase Expected to Top Industry in May

Fiat Chrysler's U.S. sales have outdone the industry for most of the past three years, primarily because of the success…
Douglas A. McIntyre |

The Auto Industry Begins To Sink, Again

The automobile industry is once again in a period of lowering demand for its vehicles and this may put  two years of  advances in jeopardy.  Last…
Douglas A. McIntyre |

Low Exposure in China Makes Chrysler a Winner

With the Chinese economy in trouble and cars sales there faltering, Chrysler is fortunate that it has not made much…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618