An SUV Selldown Helps Ford to a Sales Gain in Europe
Ford Motor Company (NYSE: F) said that its sales in Europe's key markets rose 2.2% in the fourth quarter of 2019 as dealers pushed to clear out stocks of the Kuga SUV ahead of the launch of an all-new model.
For the full year, Ford's sales in the region were down 1.4%.
Ford reports several sets of sales results for its European operation. For shareholders in the automaker, the most important number is what it calls the "Euro 20," which includes sales in the 20 countries in Western and Central Europe that Ford thinks of as its principal markets in the region. But it's also worth looking at results for the "Euro 50," Ford's term for all of Europe, including Eastern Europe, Russia, and the former Soviet republics.
Source Fool.com
