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Ford down to number 4 in the world

In Motoring News

By system on Sunday, 03 August 2008

The Volkswagen Group has overtaken Ford in terms of global sales for the first six months of 2008.

This elevates the German car maker to the position of the world’s third largest Automaker.

Ford has been shuffled into fourth place having sold approximately 3.09 million vehicles in the first half of 2008, down 11%, while Volkswagen sales rose 7.2% to 3.31 million vehicles sold.

The current top three now stands like this:

1. Toyota

2. General Motors

3. Volkswagen

The results are likely to be repeated at year’s end.

Ford has lost some global market share for a number of reasons. It has sold off Jaguar and Land Rover to Indian company Tata, and has been slower than most car makers to develop fuel efficient vehicles.

The slowing demand for vehicles in North America, Ford’s biggest market, has affected Ford more than it has affected Volkswagen. Volkswagen also has a stronger presence in China than Ford, which is one of the world’s fastest growing car markets.

The Volkswagen Group includes the Bentley, Lamborghini, Bugatti, Audi, Seat, Skoda and Volkswagen brands.

The global car sales figures are supplied by the OICA.