This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Ford Sales Gain 14%, Led by Focus

DETROIT (TheStreet) -- Ford (F) said sales increased 14% in February as consumers flocked to fuel-efficient vehicles.

The automaker sales gains were led by a compact Focus' 115% gain to 23,350, its strongest February sales performance since 2000.

Sales of the 2012 Ford Focus rose 115% gain to 23,350, the model's strongest February sales performance since 2000.

It wasn't just small cars that sold. Sales of the F-Series pickup truck, the most popular U.S. vehicle, rose 26%, to 47,273. V6 engines accounted for 57% of F-Series retail sales, and fuel-saving EcoBoost technology was in 43% of vehicles.

While the Focus was a big winner, other Ford cars saw declines. Fusion sales were down 6%, to 21,773, possibly in advance of the arrival of the 2013 Fusion. Fiesta sales fell 12%, to 5,518. Taurus sales fell 23%, to 4,329 units. Still overall sales of Ford cars gained 16%, to 62,869.

Overall Ford sales were 179,119. Retail sales rose 19%. Ford brand sales increased by 14% And Lincoln brand sales increased by 16%.

"Sales momentum built as February unfolded, with higher fuel prices driving consumer demand for more fuel-efficient vehicles in the second half of the month," said Ken Czubay, vice president for U.S. marketing, sales and service, in a statement.

Earlier Thursday, Chrysler led off the February sales reports, saying it gained 40% for the month, far ahead of estimates. Ford also bested estimates. Automakers will report February sales throughout the day.

"Chrysler's sales performance continues to be nothing short of phenomenal," says Edmunds.com analyst Michelle Krebs in a statement. "Its sales were up 40% from a year ago, not only outpacing the industry but surpassing projections.

"Chrysler's sales increase was delivered despite a hefty 24% decline in incentives compared with a year ago," Krebs said.

-- Written by Ted Reed in Charlotte, N.C.

>To contact the writer of this article, click here: Ted Reed

>To follow the writer on Twitter, go to http://twitter.com/tedreednc.

>To submit a news tip, email: tips@thestreet.com.

Follow TheStreet on Twitter and become a fan on Facebook.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,026.33 +47.20 0.28%
S&P 500 1,988.92 +2.41 0.12%
NASDAQ 4,528.6410 +2.1590 0.05%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs