Ford Motor (F) U.S. Light Vehicle Sales Fell 2.7% in Sept., Wider than Expected
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(Updated - October 1, 2014 9:32 AM EDT)
Ford Motor (NYSE: F) September U.S. sales down 2.7 percent. Estimated down 2.4 percent.
UPDATE - More from the press release:
Ford Motor Company U.S. sales totaled 180,175 vehicles in September, down 3 percent from a year ago. Retail sales of 137,297 vehicles increased 2 percent.
Ford’s overall sales continue to be tempered by managed F-Series volumes and planned reductions in 2014 daily rental volumes. In September, daily rental sales were down 40 percent. Overall fleet sales of 42,878 vehicles declined 14 percent.
“Fusion is selling strong, with five straight months of record performance and California driving more than 20 percent of our retail growth this year – more than any other state,” said John Felice, Ford vice president, U.S. Marketing, Sales and Service. “Lincoln produced its best sales results in seven years with the recent introduction of our all-new Lincoln MKC.”
Fusion’s September sales totaled 21,693 vehicles – an increase of 9 percent and the car’s best September sales performance since launch in 2005. Retail sales increased 11 percent for the month, with some of the strongest increases coming from Houston and San Francisco – up 38 percent and 32 percent, respectively.
Ford Explorer, America’s best-selling midsize utility, saw 13,770 total sales for the month – a 1 percent increase and the vehicle’s best September performance since 2006. Transit Connect sales increased 30 percent, marking a record September result with 4,132 vehicles sold.
Lincoln MKC sales continue to increase, as Lincoln sales of 7,257 vehicles saw a 12 percent gain, providing the brand with its best September sales since 2010.
| FORD MOTOR COMPANY SEPTEMBER 2014 U.S. SALES | |||||||||||||||
| September | % | Year-To-Date | % | ||||||||||||
| 2014 | 2013 | Change | 2014 | 2013 | Change | ||||||||||
| SALES BY BRAND | |||||||||||||||
| Ford | 172,918 | 178,693 | -3.2 | 1,816,829 | 1,833,574 | -0.9 | |||||||||
| Lincoln | 7,257 | 6,453 | 12.5 | 67,788 | 59,852 | 13.3 | |||||||||
| Total Vehicles | 180,175 | 185,146 | -2.7 | 1,884,617 | 1,893,426 | -0.5 | |||||||||
| SALES BY TYPE | |||||||||||||||
| Cars | 53,609 | 57,584 | -6.9 | 635,429 | 655,446 | -3.1 | |||||||||
| Utilities | 55,140 | 54,299 | 1.5 | 560,851 | 549,033 | 2.2 | |||||||||
| Trucks | 71,426 | 73,263 | -2.5 | 688,337 | 688,947 | -0.1 | |||||||||
| Total Vehicles | 180,175 | 185,146 | -2.7 | 1,884,617 | 1,893,426 | -0.5 | |||||||||
| FORD BRAND | |||||||||||||||
| Fiesta | 4,185 | 5,043 | -17.0 | 52,403 | 57,618 | -9.1 | |||||||||
| Focus | 15,397 | 16,733 | -8.0 | 176,156 | 188,654 | -6.6 | |||||||||
| C-MAX | 1,786 | 2,182 | -18.1 | 21,731 | 28,254 | -23.1 | |||||||||
| Fusion | 21,693 | 19,972 | 8.6 | 240,585 | 226,293 | 6.3 | |||||||||
| Taurus | 3,893 | 4,279 | -9.0 | 43,582 | 54,935 | -20.7 | |||||||||
| Police Interceptor Sedan | 864 | 1,299 | -33.5 | 8,112 | 8,686 | -6.6 | |||||||||
| Mustang | 3,158 | 4,420 | -28.6 | 59,831 | 59,165 | 1.1 | |||||||||
| Ford Cars | 50,976 | 53,928 | -5.5 | 602,400 | 623,605 | -3.4 | |||||||||
| Escape | 21,718 | 22,607 | -3.9 | 230,162 | 228,290 | 0.8 | |||||||||
| Edge | 7,695 | 8,548 | -10.0 | 86,051 | 99,589 | -13.6 | |||||||||
| Flex | 1,710 | 1,661 | 3.0 | 18,536 | 19,827 | -6.5 | |||||||||
| Explorer | 13,770 | 13,655 | 0.8 | 143,303 | 135,847 | 5.5 | |||||||||
| Police Interceptor Utility | 2,025 | 1,310 | 54.6 | 15,349 | 10,087 | 52.2 | |||||||||
| Expedition | 3,598 | 3,721 | -3.3 | 32,691 | 27,382 | 19.4 | |||||||||
| Ford Utilities | 50,516 | 51,502 | -1.9 | 526,092 | 521,022 | 1.0 | |||||||||
| F-Series | 59,863 | 60,456 | -1.0 | 557,037 | 559,506 | -0.4 | |||||||||
| E-Series | 5,549 | 8,925 | -37.8 | 89,144 | 93,243 | -4.4 | |||||||||
| Transit | 1,225 | 0 | NA | 3,310 | 0 | NA | |||||||||
| Transit Connect | 4,132 | 3,188 | 29.6 | 31,944 | 30,444 | 4.9 | |||||||||
| Heavy Trucks | 657 | 694 | -5.3 | 6,902 | 5,754 | 20.0 | |||||||||
| Ford Trucks | 71,426 | 73,263 | -2.5 | 688,337 | 688,947 | -0.1 | |||||||||
| Ford Brand | 172,918 | 178,693 | -3.2 | 1,816,829 | 1,833,574 | -0.9 | |||||||||
| September | % | Year-To-Date | % | ||||||||||||
| 2014 | 2013 | Change | 2014 | 2013 | Change | ||||||||||
| LINCOLN BRAND | |||||||||||||||
| MKZ | 2,176 | 2,874 | -24.3 | 26,769 | 23,775 | 12.6 | |||||||||
| MKS | 457 | 782 | -41.6 | 6,260 | 8,066 | -22.4 | |||||||||
| Lincoln Cars | 2,633 | 3,656 | -28.0 | 33,029 | 31,841 | 3.7 | |||||||||
| MKC | 1,763 | 0 | NA | 6,418 | 0 | NA | |||||||||
| MKX | 1,589 | 1,565 | 1.5 | 18,728 | 17,398 | 7.6 | |||||||||
| MKT | 259 | 414 | -37.4 | 3,725 | 4,658 | -20.0 | |||||||||
| Navigator | 1,013 | 818 | 23.8 | 5,888 | 5,955 | -1.1 | |||||||||
| Lincoln Utilities | 4,624 | 2,797 | 65.3 | 34,759 | 28,011 | 24.1 | |||||||||
| Lincoln Brand | 7,257 | 6,453 | 12.5 | 67,788 | 59,852 | 13.3 | |||||||||
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