Ford released its fourth quarter and annual earnings today and the amounts are the highest in more than a decade: full-year pre-tax profit of $8 billion, and net income of $5.7 billion. Ford generated $1 billion of positive automotive operating-related cash flow in the fourth quarter, which is its eleventh consecutive quarter of positive performance. “The Ford team delivered strong results once again, underscoring that our One Ford plan is working,” said Alan Mulally, Ford president and CEO.
Ford’s North America earnings increased $1 billion in pre-tax profit compared to its previous fourth quarter earnings. Looking at the entire year, the North America market set records for both pre-tax profit and operating margin, with increased volume and revenue as well. Ford estimates 2013 to be more profitable than 2012 with a ten percent operating margin. Continuing to match production with demand, Ford is able to produce a product line-up driven by a lean cost structure and industry-leading refresh rates.
Of course, it all boils down to the product, and Ford’s overall lineup in the U.S. is the strongest it has ever been. Here are the five best-selling Ford vehicles, instrumental to Ford’s earnings streak that will continue in 2013.
The Ford F-Series, including the workaday F-150, available in ten different models was the leading vehicle sold in 2012, with 645,316 units sold. Prices range from $23,670 for the XL to $36,275 for the Lariat to $$52,895 for the Limited. There is a model to fit almost any price range. EPA estimated mpg ranges from 17/23 city/highway on the V-6 engine models to 15/21 mpg city/highway on the V-8 engine models. As a full-size pickup, the F-150 can tow up to 11,300 lbs, and haul a maximum cargo payload of 3,120 lbs. When looking at the tough exterior and capabilities of the F-Series, it’s easy to forget about the comfortable interior and technology in the interior. Now available with SYNC with MyFord and MyFord Touch, this truck is there to help with more than just hauling and holding cargo; its technological innovation helps to be more productive and convenient.
The Ford Escape, the entry model SUV with a base price of $22,470, came in second in terms of units sold in 2012, with 261,008 units. The Escape is very eco-friendly with both the EcoBoost engine that gets 33 highway mpg, head restraint foam made from soybeans, and carpet derived from post-industrial and post-consumer fibers from recycled plastic bottles. This is truly an SUV for individuals that want an environmentally conscious vehicle. Coming in four different versions–S, SE, SEL, Titanium–there’s an option for everyone. With the highest selling model of the Escape priced at $30,370, Ford makes it easy to buy an SUV with the luxury and power one can expect from more expensive vehicles in its class.
Between hatchback, sedan, and pure electric, there’s no question why the Ford Focus is number three on this list with 245,922 units sold. No doubt the rise of demand for electric cars helped the Focus Electric propel the number of units sold in 2012. The Focus boasts SYNC with MyFord Touch for those who like to stay connected to the technical world. With an intuitive touch screen, you can control navigation, your phone, and entertainment. For added safety, there are also steering wheel-mounted controls for the driver so there is less distraction while driving. The base model price for the Focus S sedan is set at $16,200; prices increase all the way to $39,200 for the Focus Electric. The Focus is making headlines with the 2013 Focus ST bringing Ford into the hatchback arena and it is sure to be a hit.
Ford has continued its trend of “green” cars with the Fusion Hybrid. With a new design and competitive pricing, 241,263 units of the Fusion were sold in 2012, making it number four on our list. There is a model to fit almost any lifestyle, ranging from the affordable base model Fusion S to the Hybrid SE to the Energi Titanium. EPA estimated 22/33 mpg city/highway on the non-hybrid models make this a solid eco-friendly choice, especially when combined with available EcoBoost engine. Great available features like warnings about vehicles in your blind spots and assisted parallel parking can be included on the model of your choice. Hybrid models have an EPA estimated 47/47 mpg city/highway, making it worth spending the extra dollars to save at the pump. Complete with a new suspension system and electric power-assisted steering, you can expect a smooth ride and a comfortable driving experience.
Rounding out our list of Ford’s Top 5 Selling Cars is the Ford Explorer. With intuitive available Terrain Management System that allows you to maximize vehicle performance, it’s no wonder Ford sold 158,344 units in 2012. The Explorer offers seven-passenger seating, with a third row that folds down flat for added cargo space, giving you up to 80.7 cubic feet of space. The option of an EcoBoost engine makes it possible for the Explorer to deliver best-in-class EPA estimated 28 mpg highway. Also coming with available SYNC with MyFord Touch, simple voice commands make it easy to make phone calls, select music, control the temperature inside the cabin, and use the voice-activated navigation. Lane-departure warnings and lane-keep assists, this SUV comes packed with innovative safety features, including inflatable rear safety belts, giving those with younger children some peace of mind.