AUTOMOTIVE INSIGHT: Could Ford Catch GM in Revenue?

March 24th, 2008 at 9:01am

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GM LogoToyota surpassed General Motors to become the number one automaker in the world, could Ford be the next to overtake GM?

Last year revenue at General Motors fell 12 percent to $181 billion dollars. Meanwhile, at Ford, revenue jumped by an impressive $14 billion to a total of $174 billion.

That means, from a revenue standpoint, which is all the money a company takes in during the year, Ford is really closing the gap with GM. Of course, part of the reason that GM is down is that it sold off half of GMAC.Ford Oval

Nonetheless, if we get a repeat this year of what happened last year, Ford could overtake GM in 2008 and become the second largest automaker in the world, as measured by revenue.

 

One Comment to “AUTOMOTIVE INSIGHT: Could Ford Catch GM in Revenue?”

  1. Tom Martin Says:

    Interesting, but it doesn’t seem possible. GM is hitting home runs with so many new models.

    In the US, Ford is surviving with the Mustang, Explorer and F150 with a little support from Escape and Focus.

    I understand that Ford is doing well overseas.

    However, once Ford sells Jaguar and Land Rover, revenue may dip.