General Motors Company (GM): Ford Motor Company (F) Steps on the Gas in Europe

Last month
Ford’s August vehicle sales in Europe rose 2.3% while the total industry fell by 5.7% – meaning that Ford continues to gain market share from competitors. Better yet, that marks the fifth consecutive month of total share increase for Ford. The folks at the Blue Oval aren’t slowing down either, as launches of the Transit connect, Tourneo Connect, and EcoSport happen later this year. Even better than Ford’s total share increases was its retail share.

“This was Ford’s best August and August year-to-date figures since Ford started tracking retail share in 2010, and August also marked the seventh consecutive month of retail share increase for Ford,” said Roelant de Waard, vice president of marketing, sales, and service, Ford of Europe, in a press release.

It’s no surprise that as losses in Europe begin to bottom out and look to turn a profit in 2015 that investors are jumping aboard the Ford train – sending the stock price up 35% year to date and over 70% for the last year. As Ford Motor Company (NYSE:F) gradually reverses its losses in Europe, and the U.S. continues to surge, it should lead to a very solid investment opportunity – especially if Ford can export this success to China.

The article Ford Steps on the Gas in Europe originally appeared on Fool.com and is written by Daniel Miller.

Fool contributor Daniel Miller owns shares of Ford and General Motors. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford.

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