How the New 2016 Ford Explorer Is Boosting Ford's Profits - Motley Fool
reported its U. S. sales numbers for July this past week, and it beat some expectations with a solid 4. 9% year-over-year sales increase. Ford fans and investors were especially cheered by a 4. 8% increase in sales for the F-Series pickup line. The F-Series had been posting sales declines since February, held back by shortages of the new 2015 F-150. The F-Series is a huge driver of profits for Ford, and news that its dealers are close to getting full stocks of the new F-150 is very good... But there's another story in Ford's sales numbers that deserves closer attention: Its SUV sales are also looking very strong. Ford's SUVs drove big profits, while F-150 sales were down. And for good reason: They're very profitable products, and Ford sells a whole lot of them. That translates into big profits for Ford on each sale. We saw that last quarter when Ford posted a big profit , while F-Series sales were down. Sales of Ford's Explorer were up more than 27% last month. The Edge posted a 17% year-over-year sales increase, and sales of the compact Escape jumped 10%. The 2015 Ford Edge is all-new from the ground up, and much improved. Source: www.fool.com
