Ford Motor Co (NYSE:F) Sales Surge 6.7% In November


Ford Motor Co (NYSE:F) reported that the U.S. sales came at 210,771 vehicles for November, which shows a 6.7% increase over 2016. Retail performance jumped 1.3% compared to a year earlier, with sales of 156,064 vehicles. F-Series witnessed its best November performance since 2001 with 72,769 pickups offered, a 0.9% increase. Consumer demand for high series trucks continues to be strong.

The details

Ford Transit sales came at 10,852 vehicles for November, which shows a 47.1% gain. Overall Ford van sales, counting E-Series and Transit Connect announced their best November performance since 1984. Ford brand SUVs surged 13.4% on 68,139 vehicles offered, while retail developed 11.6% for the month.

They are witnessing remarkable interest in the all new Expedition which posted its first sales in November. Explorer sales came at 21,520 vehicles, exhibiting a 24.8% jump for the month and 24.2% at retail, the SUV’s best November in thirteen years. Edge sales were up 22.5%, posting a new November record. Edge retail sales jumped 25.5%, while total Escape sales surged 9.1%.

Focus sales were up 44.9%, for the fifth successive month of gains, with as many as 13,226 cars sold. Lincoln MKX sales jumped 6.9% in November, interest is robust for the all-latest Navigator which posted its first sales for the month.

Strong consumer demand for Motor Trend’s latest Truck of the Year led F-Series sales surpassed the 70,000 mark in the previous month, a November count recorded merely three other times in history. Moreover, Ford brand SUVs sustained their remarkable performance with sales up 13% for their best November since 2000.

U.S. Sales, Service and Marketing Ford F-Series recorded its best November sales performance in 16 years, with sustained robust demand for both new 2018 F-150 and high series Super Duty; this led average transaction pricing to $47,100 a truck, a jump of $3,800.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.