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Ford Motor (F) June U.S. Light-Vehicle Sales Rose 1.5%, Bolstered by F-150 Pricing, SUV Sales

July 1, 2015 9:15 AM EDT

(Updated - July 1, 2015 9:17 AM EDT)

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.

*** The Street was looking for a gain of 2.3 percent.

“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 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. Sales of the all-new Edge increased 30 percent in June versus last year, with 12,587 vehicles sold. Edge continues to turn quickly on dealer lots – at just 15 days – while the new Explorer is turning in just seven days.

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 half van sales performance since 1988. The all-new Transit, with sales of 12,134 vans last month, is driving Ford’s segment growth, with its strongest-ever sales month.

Mustang sales were up 54 percent, with 11,719 cars sold. This represents Mustang’s best June performance since 2007. Mustang sales are particularly strong in America’s largest sports car region, Southern California, where retail sales are up 157 percent in June.

Lincoln retail sales increased 20 percent versus a year ago, providing the premium brand with its best June results since 2007. Lincoln MKC continues to build momentum, along with Navigator, which posted a 39 percent sales increase for June. All-new Lincoln MKX sales started late last month.

FORD MOTOR COMPANY JUNE 2015 U.S. SALES

June

%

Year-To-Date

%

2015

2014

Change

2015

2014

Change

SALES BY BRAND
Ford 217,321 214,793 1.2 1,246,509 1,225,510 1.7
Lincoln 8,326 7,271 14.5 47,112 44,522 5.8
Total Vehicles 225,647 222,064 1.6 1,293,621 1,270,032 1.9
SALES BY TYPE
Cars 77,948 81,198 -4.0 429,460 437,974 -1.9
Utilities 70,143 62,785 11.7 391,896 374,364 4.7
Trucks 77,556 78,081 -0.7 472,265 457,694 3.2
Total Vehicles 225,647 222,064 1.6 1,293,621 1,270,032 1.9
FORD BRAND
Fiesta 7,971 6,450 23.6 35,489 35,081 1.2
Focus 22,051 26,266 -16.0 117,079 120,956 -3.2
C-MAX 2,481 2,940 -15.6 11,183 13,450 -16.9
Fusion 25,409 27,604 -8.0 153,158 165,498 -7.5
Taurus 4,493 5,618 -20.0 20,036 29,672 -32.5
Police Interceptor Sedan 756 1,097 -31.1 5,136 5,422 -5.3
Mustang 11,719 7,631 53.6 68,290 44,231 54.4
Ford Cars 74,880 77,606 -3.5 410,371 414,310 -1.0
Escape 24,126 25,110 -3.9 146,416 152,890 -4.2
Edge 12,587 9,700 29.8 63,595 61,068 4.1
Flex 1,591 2,385 -33.3 10,595 12,989 -18.4
Explorer 20,377 15,645 30.2 109,504 94,988 15.3
Police Interceptor Utility 2,172 1,645 32.0 12,900 9,472 36.2
Expedition 4,032 4,621 -12.7 20,863 22,099 -5.6
Ford Utilities 64,885 59,106 9.8 363,873 353,506 2.9
F-Series 55,171 60,560 -8.9 357,180 365,825 -2.4
E-Series 4,809 11,790 -59.2 27,883 66,905 -58.3
Transit 12,134 490 2376.3 57,643 490 11663.9
Transit Connect 4,476 4,573 -2.1 24,257 19,799 22.5
Heavy Trucks 966 668 44.6 5,302 4,675 13.4
Ford Trucks 77,556 78,081 -0.7 472,265 457,694 3.2
Ford Brand 217,321 214,793 1.2 1,246,509 1,225,510 1.7

June

%

Year-To-Date

%

2015

2014

Change

2015

2014

Change

LINCOLN BRAND
MKZ 2,543 2,990 -14.9 15,260 18,976 -19.6
MKS 525 602 -12.8 3,829 4,688 -18.3
Lincoln Cars 3,068 3,592 -14.6 19,089 23,664 -19.3
MKC 1,947 684 184.6 11,332 1,361 732.6
MKX 1,936 1,765 9.7 8,749 13,097 -33.2
MKT 376 509 -26.1 2,103 2,747 -23.4
Navigator 999 721 38.6 5,839 3,653 59.8
Lincoln Utilities 5,258 3,679 42.9 28,023 20,858 34.4
Lincoln Brand 8,326 7,271 14.5 47,112 44,522 5.8

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