Ford Motor (F) June U.S. Light-Vehicle Sales Rose 1.5%, Bolstered by F-150 ... - StreetInsider.com
Strong consumer demand for its newest products pushed Ford Motor Company (NYSE: F ) total U. S. June sales 1. 5 percent higher, to 225,647 vehicles sold. “Strong retail momentum continues building for our newest vehicles – including F-150, Mustang, Edge, and now Explorer,” said Mark LaNeve, Ford vice president, U. S. Marketing, Sales and Service. “The Ford brand’s average transaction prices have increased $2,700 versus a year ago – more than triple the industry average – while our incentives are down, showing how much customers value our investment in new vehicles with the latest... The all-new F-150 is turning twice as fast on dealer lots than the industry average for half-ton pickups, as Ford continues building dealer stocks. Ford brand SUV sales were up 10 percent year over year, producing the best June sales results since 2002 – with 64,885 vehicles sold. Sales of the all-new Edge increased 30 percent in June versus last year, with 12,587 vehicles sold. Ford van sales totaling 21,419 vehicles represent a 31 percent increase relative to last year, for the best June results since 1999. During the first half of the year, van sales totaled 109,783 vehicles – a 26 percent increase and our best first... Source: www.streetinsider.com
