Tough year ahead?
The board of directors of Ford Motor Company today declared a first-quarter regular dividend of 15 cents per share on the company’s outstanding Class B and common stock. (Ford Motor US Sales Down in -3% 2019 as War Worries Increase)
The amount is equal to regular dividends paid by the company each quarter since 2016. The first quarter dividend is payable on March 2 to shareholders of record at the close of business on Jan. 30.
Ford Motor reported on Monday that US vehicle sales declined during 2019 to 2.4 million or a drop of -3%. The middling performance in a strong market came as Tesla’s market valuation reached twice that of Ford Motor due to increasing sales.
Ford skipped the usual sales press conference but, in a release, touted that F-Series achieved its 43rd straight year as America’s best-selling pickup, while Ranger finished its best sales quarter since its reintroduction in early 2019. Combined sales of F-Series and Ranger totaled almost 1 million pickups at 986,097 vehicles for the year – an increase of 8.4%. Ranger Q4 sales hit 33,059 pickups for the quarter, totaling 89,571 for the year.
However, that strong performance – now threatened by rising gas prices as the result of expanding hostilities in the Mid-East, was not enough to offset breathtaking declines in car segments (-28% at 486,000) that continue to be dominated by Japanese and Korean automaking conglomerates that are now rapidly expanding into truck and SUV segments. The other domestic makes GM and FCA also saw similar declines of ~3% as the U.S. market looks to be headed for more declines.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Ford Motor Declares $0.15 Dividend for Q1 2020
Tough year ahead?
The board of directors of Ford Motor Company today declared a first-quarter regular dividend of 15 cents per share on the company’s outstanding Class B and common stock. (Ford Motor US Sales Down in -3% 2019 as War Worries Increase)
The amount is equal to regular dividends paid by the company each quarter since 2016. The first quarter dividend is payable on March 2 to shareholders of record at the close of business on Jan. 30.
Ford Motor reported on Monday that US vehicle sales declined during 2019 to 2.4 million or a drop of -3%. The middling performance in a strong market came as Tesla’s market valuation reached twice that of Ford Motor due to increasing sales.
Ford skipped the usual sales press conference but, in a release, touted that F-Series achieved its 43rd straight year as America’s best-selling pickup, while Ranger finished its best sales quarter since its reintroduction in early 2019. Combined sales of F-Series and Ranger totaled almost 1 million pickups at 986,097 vehicles for the year – an increase of 8.4%. Ranger Q4 sales hit 33,059 pickups for the quarter, totaling 89,571 for the year.
However, that strong performance – now threatened by rising gas prices as the result of expanding hostilities in the Mid-East, was not enough to offset breathtaking declines in car segments (-28% at 486,000) that continue to be dominated by Japanese and Korean automaking conglomerates that are now rapidly expanding into truck and SUV segments. The other domestic makes GM and FCA also saw similar declines of ~3% as the U.S. market looks to be headed for more declines.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.