UPDATE: Ford Motor (F) Light-Vehicle Sales Rose 5.1% in November 2016, Topping Expectations

December 1, 2016 9:15 AM EST

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(Updated - December 1, 2016 9:16 AM EST)

Ford Motor Company’s (NYSE: F) overall sales totaled 197,574 vehicles in November – a 5 percent increase versus last year – driven by a 10 percent retail sales gain with 154,114 vehicles sold.

*** NOTE: The Street was looking for a gain of 0.5 percent.

Fleet sales of 43,460 vehicles, including daily rental, commercial and government segments, declined 9 percent. This reflects the company’s plan to front-load fleet sales this year.

F-Series sales increased 11 percent, totaling 72,089 trucks, the truck line’s best November sales since 2001. F-Series retail sales were up 14 percent.

“Strong retail sales increases for both F-150 and our all-new Super Duty pickups drove F-Series above the 70,000 vehicle mark – a November threshold we have not seen in 15 years,” said Mark LaNeve, vice president, U.S. Marketing, Sales and Service. “Plus, strong consumer demand for well-equipped Super Dutys helped boost Ford’s overall average transaction prices in November, which are up $1,000 versus a year ago – well ahead of the industry average of $320.”

Ford brand SUV sales totaled 60,079 vehicles for November – a 20 percent increase. Escape was up 11 percent; Explorer grew 14 percent, Edge climbed 32 percent and Expedition gained 75 percent.

Lincoln sales increased 19 percent, with sales totaling 9,429 vehicles. Retail sales were up 20 percent. Lincoln MKZ was up 9 percent, while Lincoln MKX was up 30 percent. Lincoln’s all-new Continental had its best sales month since launch – with 1,419 cars sold.

FORD MOTOR COMPANY NOVEMBER 2016 U.S. SALES

November

%

Year-To-Date

%

2016

2015

Change

2016

2015

Change

SALES BY BRAND
Ford 188,145 179,876 4.6 2,275,910 2,283,553 -0.3
Lincoln 9,429 7,918 19.1 98,933 90,367 9.5
Total Vehicles 197,574 187,794 5.2 2,374,843 2,373,920 0.0
SALES BY TYPE
Cars 44,088 48,831 -9.7 642,841 739,828 -13.1
SUVs 65,459 55,051 18.9 766,879 731,468 4.8
Trucks 88,027 83,912 4.9 965,123 902,624 6.9
Total Vehicles 197,574 187,794 5.2 2,374,843 2,373,920 0.0
FORD BRAND
Fiesta 2,847 3,422 -16.8 45,035 60,908 -26.1
Focus 9,130 11,186 -18.4 158,547 191,473 -17.2
C-MAX 1,532 1,454 5.4 17,650 20,352 -13.3
Fusion 17,560 19,451 -9.7 246,708 274,594 -10.2
Taurus 1,926 2,485 -22.5 31,191 35,801 -12.9
Police Interceptor Sedan 848 702 20.8 8,806 8,993 -2.1
Mustang 6,196 7,286 -15.0 98,868 113,607 -13.0
Ford Cars 40,039 45,986 -12.9 606,805 705,728 -14.0
Escape 23,012 20,807 10.6 281,281 278,538 1.0
Edge 10,757 8,137 32.2 121,897 113,857 7.1
Flex 1,478 1,364 8.4 19,578 17,835 9.8
Explorer 17,245 15,141 13.9 197,264 205,417 -4.0
Police Interceptor Utility 2,383 1,549 53.8 29,386 22,167 32.6
Expedition 5,204 2,980 74.6 54,576 37,387 46.0
Ford SUVs 60,079 49,978 20.2 703,982 675,201 4.3
F-Series 72,089 65,192 10.6 733,287 695,143 5.5
E-Series 4,705 3,994 17.8 49,492 47,066 5.2
Transit 7,379 9,584 -23.0 130,188 105,030 24.0
Transit Connect 2,721 4,237 -35.8 38,739 46,941 -17.5
Heavy Trucks 1,133 905 25.2 13,417 8,444 58.9
Ford Trucks 88,027 83,912 4.9 965,123 902,624 6.9
Ford Brand 188,145 179,876 4.6 2,275,910 2,283,553 -0.3
LINCOLN BRAND
MKZ 2,541 2,325 9.3 27,884 27,694 0.7
MKS 89 520 -82.9 4,736 6,406 -26.1
Continental 1,419 0 N/A 3,416 0 N/A
Lincoln Cars 4,049 2,845 42.3 36,036 34,100 5.7
MKC 2,065 1,805 14.4 22,767 22,024 3.4
MKX 2,451 1,883 30.2 27,440 19,239 42.6
MKT 187 425 -56.0 3,379 4,290 -21.2
Navigator 677 960 -29.5 9,311 10,714 -13.1
Lincoln SUVs 5,380 5,073 6.1 62,897 56,267 11.8
Lincoln Brand 9,429 7,918 19.1 98,933 90,367 9.5


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