Ford Motor (F) April U.S. Light-Vehicle Sales Rose 3.6%, Slightly Light of Expectations
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Ford Motor Company’s U.S. sales increased 3.6 percent in April versus a year ago, with 231,316 vehicles sold. Retail sales also grew 3 percent, driving the company’s best April retail results since 2006.
(*** The Street was looking for a 3.8 percent increase.)
Ford SUV sales totaled 65,474 vehicles last month – the best April in company history. Explorer drove the gains, reporting a 22 percent increase versus a year ago.
Ford F-150 – the only truck to earn an Insurance Institute for Highway Safety Top Safety Pick – helped lift F-Series sales 13 percent with 70,774 trucks sold. This is the second month in a row F-Series surpassed 70,000 sales, marking their best April performance in 11 years.
“We saw strong consumer demand in April, especially for pickups,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “F-Series has moved past the quarter million sales mark year to date – the strongest start for F-Series in a decade, while Ford brand SUVs are having their best year ever.”
Ford brand average transaction pricing for the full lineup is up $1,500 compared to a year ago and $700 higher versus the industry average increase, thanks to a strong mix of high-end series trucks and SUVs.
Total Ford van sales reached 23,221 – the company’s best April van results in 38 years. Transit sales climbed 32 percent last month with 14,381 vans sold.
Overall, Lincoln sales jumped 20 percent with 9,776 vehicles sold. Lincoln MKX saw a 94 percent gain, driving overall Lincoln brand SUV sales to a 53 percent increase last month with 6,985 vehicles sold.
FORD MOTOR COMPANY APRIL 2016 U.S. SALES | ||||||||||||
April | % | Year-To-Date | % | |||||||||
2016 | 2015 | Change | 2016 | 2015 | Change | |||||||
SALES BY BRAND | ||||||||||||
Ford | 221,540 | 214,364 | 3.3 | 842,261 | 787,549 | 6.9 | ||||||
Lincoln | 9,776 | 8,134 | 20.2 | 34,681 | 29,612 | 17.1 | ||||||
Total Vehicles | 231,316 | 222,498 | 4.0 | 876,942 | 817,161 | 7.3 | ||||||
SALES BY TYPE | ||||||||||||
Cars | 63,285 | 71,950 | -12.0 | 255,480 | 261,757 | -2.4 | ||||||
Utilities | 72,459 | 67,300 | 7.7 | 276,992 | 243,947 | 13.5 | ||||||
Trucks | 95,572 | 83,248 | 14.8 | 344,470 | 311,457 | 10.6 | ||||||
Total Vehicles | 231,316 | 222,498 | 4.0 | 876,942 | 817,161 | 7.3 | ||||||
FORD BRAND | ||||||||||||
Fiesta | 4,462 | 5,982 | -25.4 | 15,325 | 18,092 | -15.3 | ||||||
Focus | 15,983 | 18,100 | -11.7 | 66,198 | 71,094 | -6.9 | ||||||
C-MAX | 2,228 | 1,790 | 24.5 | 6,287 | 6,095 | 3.2 | ||||||
Fusion | 20,730 | 24,954 | -16.9 | 95,724 | 96,424 | -0.7 | ||||||
Taurus | 3,539 | 3,375 | 4.9 | 14,720 | 11,612 | 26.8 | ||||||
Police Interceptor Sedan | 826 | 1,041 | -20.7 | 3,101 | 3,373 | -8.1 | ||||||
Mustang | 12,726 | 13,144 | -3.2 | 42,862 | 42,955 | -0.2 | ||||||
Ford Cars | 60,494 | 68,386 | -11.5 | 244,217 | 249,645 | -2.2 | ||||||
Escape | 23,920 | 25,770 | -7.2 | 95,514 | 93,042 | 2.7 | ||||||
Edge | 11,484 | 13,097 | -12.3 | 47,477 | 36,609 | 29.7 | ||||||
Flex | 2,003 | 1,937 | 3.4 | 8,428 | 6,561 | 28.5 | ||||||
Explorer | 20,283 | 16,585 | 22.3 | 76,168 | 69,372 | 9.8 | ||||||
Police Interceptor Utility | 3,263 | 2,259 | 44.4 | 10,793 | 8,179 | 32.0 | ||||||
Expedition | 4,521 | 3,082 | 46.7 | 15,194 | 12,684 | 19.8 | ||||||
Ford Utilities | 65,474 | 62,730 | 4.4 | 253,574 | 226,447 | 12.0 | ||||||
F-Series | 70,774 | 62,827 | 12.6 | 256,895 | 240,139 | 7.0 | ||||||
E-Series | 5,530 | 4,802 | 15.2 | 18,178 | 18,710 | -2.8 | ||||||
Transit | 14,381 | 10,913 | 31.8 | 50,403 | 33,794 | 49.1 | ||||||
Transit Connect | 3,310 | 3,860 | -14.2 | 13,378 | 15,205 | -12.0 | ||||||
Heavy Trucks | 1,577 | 846 | 86.4 | 5,616 | 3,609 | 55.6 | ||||||
Ford Trucks | 95,572 | 83,248 | 14.8 | 344,470 | 311,457 | 10.6 | ||||||
Ford Brand | 221,540 | 214,364 | 3.3 | 842,261 | 787,549 | 6.9 | ||||||
LINCOLN BRAND | ||||||||||||
MKZ | 2,129 | 2,915 | -27.0 | 8,683 | 9,421 | -7.8 | ||||||
MKS | 662 | 649 | 2.0 | 2,580 | 2,691 | -4.1 | ||||||
Lincoln Cars | 2,791 | 3,564 | -21.7 | 11,263 | 12,112 | -7.0 | ||||||
MKC | 2,822 | 1,866 | 51.2 | 7,960 | 7,096 | 12.2 | ||||||
MKX | 2,631 | 1,357 | 93.9 | 9,829 | 5,325 | 84.6 | ||||||
MKT | 472 | 428 | 10.3 | 1,601 | 1,285 | 24.6 | ||||||
Navigator | 1,060 | 919 | 15.3 | 4,028 | 3,794 | 6.2 | ||||||
Lincoln Utilities | 6,985 | 4,570 | 52.8 | 23,418 | 17,500 | 33.8 | ||||||
Lincoln Brand | 9,776 | 8,134 | 20.2 | 34,681 | 29,612 | 17.1 |
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