UPDATE: Ford Motor (F) U.S. Sales Fell 1.3% in May Amid Weakness in Trucks, Utilities Segments
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Ford Motor (NYSE: F) total U.S. sales of 250,813 vehicles for May declined 1 percent from a year ago. Retail sales of 171,535 vehicles decline 2 percent. Fleet sales of 79,278 vehicles are flat.
*** The Street was looking for a drop of 3.1 percent.
Sales of the all-new Ford Edge established a May sales record, with sales up 34 percent and turning in just 13 days on dealer lots. The 2016 Explorer went on sale in May, and retail sales increased 24 percent. Explorer is America’s best-selling mid-size utility with its best May retail sales results since 2004.
“We continue to see strong consumer demand for our newest products, including Edge, F-150, Mustang, Transit Vans and Lincoln MKC,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “Our all-new F-150 is still turning on dealer lots in 26 days against tight supply, and F-150 average transaction prices set a record in May, as customers continued buying a rich mix of high-series pickups.”
F-Series, America’s best-selling truck, had sales of 61,870 pickups on tight supply, as the second F-150 facility – Kansas City Assembly Plant – ramps up to full line speed this quarter. Inventory continues building as the plant comes fully on-line.
Transit vans helped deliver Ford’s best May performance for commercial vans since 1978, with 20,655 total commercial vans sold last month.
Mustang sales increased 39 percent in May, with 13,616 cars sold. Year-to-date, Mustang sales are up 55 percent, with a 116 percent increase in southern California, America’s largest sports car market. The 2.3-liter EcoBoost® V6 engine is now that market’s best-selling Mustang engine.
Lincoln retail sales were up 10 percent, with 8,152 vehicles sold in May. Lincoln MKC sales totaled 2,289 vehicles, while Lincoln Navigator sales increased 50 percent, with 1,046 vehicles sold.
FORD MOTOR COMPANY MAY 2015 U.S. SALES | |||||||||||||||
May | % | Year-To-Date | % | ||||||||||||
2015 | 2014 | Change | 2015 | 2014 | Change | ||||||||||
SALES BY BRAND | |||||||||||||||
Ford | 241,639 | 245,239 | -1.5 | 1,029,188 | 1,010,717 | 1.8 | |||||||||
Lincoln | 9,174 | 8,845 | 3.7 | 38,786 | 37,251 | 4.1 | |||||||||
Total Vehicles | 250,813 | 254,084 | -1.3 | 1,067,974 | 1,047,968 | 1.9 | |||||||||
SALES BY TYPE | |||||||||||||||
Cars | 89,755 | 88,926 | 0.9 | 351,512 | 356,776 | -1.5 | |||||||||
Utilities | 77,806 | 77,409 | 0.5 | 321,753 | 311,579 | 3.3 | |||||||||
Trucks | 83,252 | 87,749 | -5.1 | 394,709 | 379,613 | 4.0 | |||||||||
Total Vehicles | 250,813 | 254,084 | -1.3 | 1,067,974 | 1,047,968 | 1.9 | |||||||||
FORD BRAND | |||||||||||||||
Fiesta | 9,426 | 7,209 | 30.8 | 27,518 | 28,631 | -3.9 | |||||||||
Focus | 23,934 | 23,683 | 1.1 | 95,028 | 94,690 | 0.4 | |||||||||
C-MAX | 2,607 | 2,833 | -8.0 | 8,702 | 10,510 | -17.2 | |||||||||
Fusion | 31,325 | 33,881 | -7.5 | 127,749 | 137,894 | -7.4 | |||||||||
Taurus | 3,931 | 6,020 | -34.7 | 15,543 | 24,054 | -35.4 | |||||||||
Police Interceptor Sedan | 1,007 | 974 | 3.4 | 4,380 | 4,325 | 1.3 | |||||||||
Mustang | 13,616 | 9,761 | 39.5 | 56,571 | 36,600 | 54.6 | |||||||||
Ford Cars | 85,846 | 84,361 | 1.8 | 335,491 | 336,704 | -0.4 | |||||||||
Escape | 29,248 | 31,896 | -8.3 | 122,290 | 127,780 | -4.3 | |||||||||
Edge | 14,399 | 10,756 | 33.9 | 51,008 | 51,368 | -0.7 | |||||||||
Flex | 2,443 | 2,829 | -13.6 | 9,004 | 10,604 | -15.1 | |||||||||
Explorer | 19,755 | 20,346 | -2.9 | 89,127 | 79,343 | 12.3 | |||||||||
Police Interceptor Utility | 2,549 | 2,277 | 11.9 | 10,728 | 7,827 | 37.1 | |||||||||
Expedition | 4,147 | 5,025 | -17.5 | 16,831 | 17,478 | -3.7 | |||||||||
Ford Utilities | 72,541 | 73,129 | -0.8 | 298,988 | 294,400 | 1.6 | |||||||||
F-Series | 61,870 | 68,520 | -9.7 | 302,009 | 305,265 | -1.1 | |||||||||
E-Series | 4,364 | 14,269 | -69.4 | 23,074 | 55,115 | -58.1 | |||||||||
Transit | 11,715 | 0 | NA | 45,509 | 0 | NA | |||||||||
Transit Connect | 4,576 | 4,222 | 8.4 | 19,781 | 15,226 | 29.9 | |||||||||
Heavy Trucks | 727 | 738 | -1.5 | 4,336 | 4,007 | 8.2 | |||||||||
Ford Trucks | 83,252 | 87,749 | -5.1 | 394,709 | 379,613 | 4.0 | |||||||||
Ford Brand | 241,639 | 245,239 | -1.5 | 1,029,188 | 1,010,717 | 1.8 | |||||||||
May | % | Year-To-Date | % | ||||||||||||
2015 | 2014 | Change | 2015 | 2014 | Change | ||||||||||
LINCOLN BRAND | |||||||||||||||
MKZ | 3,296 | 3,714 | -11.3 | 12,717 | 15,986 | -20.4 | |||||||||
MKS | 613 | 851 | -28.0 | 3,304 | 4,086 | -19.1 | |||||||||
Lincoln Cars | 3,909 | 4,565 | -14.4 | 16,021 | 20,072 | -20.2 | |||||||||
MKC | 2,289 | 677 | NA | 9,385 | 677 | NA | |||||||||
MKX | 1,488 | 2,403 | -38.1 | 6,813 | 11,332 | -39.9 | |||||||||
MKT | 442 | 503 | -12.1 | 1,727 | 2,238 | -22.8 | |||||||||
Navigator | 1,046 | 697 | 50.1 | 4,840 | 2,932 | 65.1 | |||||||||
Lincoln Utilities | 5,265 | 4,280 | 23.0 | 22,765 | 17,179 | 32.5 | |||||||||
Lincoln Brand | 9,174 | 8,845 | 3.7 | 38,786 | 37,251 | 4.1 | |||||||||
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