Ford Motor Company: What Investors Need to Know About July's Sales Results - Motley Fool
reported strong results early Monday morning and is setting up the company and its investors for an extremely profitable second half of 2015. Ford's July sales checked in with a 4. 9% year-over-year increase, to more than 222,000 units sold. There were some very interesting figures in Ford's July sales results, so let's dig in. Nice of you to join us. All year the story has been the same: Once F-Series production reaches full capacity, sales will begin to rebound. Finally, that forecast is coming to fruition in Ford's July sales results. Ford's F-Series posted July sales of more than 66,000 units, nearly 5% higher than last year's July sales. Also, retail sales for the truck were up a staggering 13% for the month, which was its best July retail result since 2006. Furthermore, that jump in retail sales comes at a time when each F-Series is being sold for $3,200 higher than a year ago --... As inventory begins to fill up, expect Ford to cash in on the delayed rental and fleet orders, which will send total sales higher throughout the remainder of 2015. Expect the 2015 F-150 to drive very strong profits during Ford's 2015 third and... Source: www.fool.com
