Ford Sales Up, Transit Vans Perform Well
Strong consumer demand for its newest products pushed Ford Motor Company total U.S. June sales 2 percent higher, to 225,647 vehicles sold.
Noted 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 technologies.”
F-Series average transaction prices reached an all-time record in June, with average transaction prices moving above $44,000 per truck – $3,600 higher than last year. 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 new Explorer are off to a fast start, with a total of 20,377 sold, an increase of 30 percent versus a year ago.
Ford Transit sales were off 2.1% for the month but remain up 22.5% year-to-date.
Category: General Update