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

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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.

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