Reuters: U.S.: Ford on track to sell 2.2 million cars in U.S. this year

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Ford on track to sell 2.2 million cars in U.S. this year Dec 30th 2012, 02:11 Tweet Share this Email Print Related News French bear brunt of Europe's deepening auto slump Fri, Dec 14 2012 Ford hybrids fall short of fuel claims: Consumer Reports Thu, Dec 6 2012 Auto sales race to five-year high for November Mon, Dec 3 2012 UPDATE 5-US auto sales race to 5-year high for November Mon, Dec 3 2012 Ford aims for Lincoln rebound with new ads, Super Bowl spot Mon, Dec 3 2012 Related Topics Investing Simplified » U.S. » A logo of a Ford car is pictured during a press presentation prior to the Essen Motor Show in Essen November 30, 2012. Credit: Reuters/Ina Fassbender By Deepa Seetharaman DETROIT | Sat Dec 29, 2012 9:11pm EST DETROIT (Reuters) - Ford Motor Co is on track to sell 2.2 million cars under its main brand this year, up 7 percent from 2011, the automaker said on Saturday, but the company has acknowledged losing market share as it struggled to keep up with consumer demand. It marks the second straight year the No. 2 U.S. automaker has surpassed the 2 million threshold. The projected sales jump for the Ford brand falls short of the overall industry's gains, which many analysts expect to exceed 13 percent in 2012. This year is the third in a row that industry sales have climbed by double digits, as American automakers rebound from a deep recession that pushed Ford's rivals, General Motors Co and Chrysler Group LLC, into bankruptcy in 2009. Earlier this year, Ford said it expected to lose market share in the United States because it could not build enough cars and trucks to satisfy consumer demand. Consumers also are buying fewer pickup trucks than in past years. Last year, Ford sold just under 2.1 million cars and trucks under its main brand in the United States. When adding its upscale Lincoln brand, Ford sold more than 2.1 million cars last year. (Editing by Dan Wilchins, Steve Gorman and Peter Cooney) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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