Ford Motor (F) U.S. Light-Vehicle Sales Fell 6.1% in May, Wider than Expected
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(Updated - June 1, 2016 9:17 AM EDT)
Ford Motor (NYSE: F) May U.S. auto sales fell 6.1%, Est. down 4.9%.
UPDATE - The following press release was issued on Wednesday:
Ford Motor Company F-Series pickups posted a 9 percent gain in May, while Ford van sales reached their best May sales since 1978. The company’s total U.S. sales of 235,997 vehicles declined 6 percent versus a year ago.
Ford F-Series sales of 67,412 pickups marked a 9 percent increase, boosting a 7 percent year-to-date increase with 324,307 pickups sold.
“Customers are showing how much they value the fuel economy, towing capability and technology we offer in our trucks with F-Series sales producing another strong gain in May,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “With strong demand for pickups, vans and SUVs, Ford brand saw average prices grow almost $1,500 per vehicle in May – about 50 percent higher than the industry.”
Ford Transit sales increased 16 percent with 13,640 vehicles sold, lifting overall Ford van results 7 percent for their best May performance since 1978.
The new Ford Escape posted a 6 percent increase with 30,861 SUVs sold. Through May, Ford Brand SUVs totaled 325,475 vehicles. This marks a 9 percent gain and the best-ever start for Ford Brand SUV sales in company history.
Lincoln sales increased 7 percent, capping six straight months of gains. All-new Lincoln MKX sales grew 88 percent with 2,794 vehicles sold – Lincoln’s best May SUV sales since 2003.
FORD MOTOR COMPANY MAY 2016 U.S. SALES | |||||||||||||||
May | % | Year-To-Date | % | ||||||||||||
2016 | 2015 | Change | 2016 | 2015 | Change | ||||||||||
SALES BY BRAND | |||||||||||||||
Ford | 226,190 | 241,639 | -6.4 | 1,068,451 | 1,029,188 | 3.8 | |||||||||
Lincoln | 9,807 | 9,174 | 6.9 | 44,488 | 38,786 | 14.7 | |||||||||
Total Vehicles | 235,997 | 250,813 | -5.9 | 1,112,939 | 1,067,974 | 4.2 | |||||||||
SALES BY TYPE | |||||||||||||||
Cars | 67,315 | 89,755 | -25.0 | 322,795 | 351,512 | -8.2 | |||||||||
Utilities | 78,006 | 77,806 | 0.3 | 354,998 | 321,753 | 10.3 | |||||||||
Trucks | 90,676 | 83,252 | 8.9 | 435,146 | 394,709 | 10.2 | |||||||||
Total Vehicles | 235,997 | 250,813 | -5.9 | 1,112,939 | 1,067,974 | 4.2 | |||||||||
FORD BRAND | |||||||||||||||
Fiesta | 6,150 | 9,426 | -34.8 | 21,475 | 27,518 | -22.0 | |||||||||
Focus | 17,455 | 23,934 | -27.1 | 83,653 | 95,028 | -12.0 | |||||||||
C-MAX | 1,865 | 2,607 | -28.5 | 8,152 | 8,702 | -6.3 | |||||||||
Fusion | 24,589 | 31,325 | -21.5 | 120,313 | 127,749 | -5.8 | |||||||||
Taurus | 2,461 | 3,931 | -37.4 | 17,181 | 15,543 | 10.5 | |||||||||
Police Interceptor Sedan | 766 | 1,007 | -23.9 | 3,867 | 4,380 | -11.7 | |||||||||
Mustang | 10,327 | 13,616 | -24.2 | 53,189 | 56,571 | -6.0 | |||||||||
Ford Cars | 63,613 | 85,846 | -25.9 | 307,830 | 335,491 | -8.2 | |||||||||
Escape | 30,861 | 29,248 | 5.5 | 126,375 | 122,290 | 3.3 | |||||||||
Edge | 12,384 | 14,399 | -14.0 | 59,861 | 51,008 | 17.4 | |||||||||
Flex | 1,809 | 2,443 | -26.0 | 10,237 | 9,004 | 13.7 | |||||||||
Explorer | 18,813 | 19,755 | -4.8 | 94,981 | 89,127 | 6.6 | |||||||||
Police Interceptor Utility | 2,977 | 2,549 | 16.8 | 13,770 | 10,728 | 28.4 | |||||||||
Expedition | 5,057 | 4,147 | 21.9 | 20,251 | 16,831 | 20.3 | |||||||||
Ford Utilities | 71,901 | 72,541 | -0.9 | 325,475 | 298,988 | 8.9 | |||||||||
F-Series | 67,412 | 61,870 | 9.0 | 324,307 | 302,009 | 7.4 | |||||||||
E-Series | 3,985 | 4,364 | -8.7 | 22,163 | 23,074 | -3.9 | |||||||||
Transit | 13,640 | 11,715 | 16.4 | 64,043 | 45,509 | 40.7 | |||||||||
Transit Connect | 4,390 | 4,576 | -4.1 | 17,768 | 19,781 | -10.2 | |||||||||
Heavy Trucks | 1,249 | 727 | 71.8 | 6,865 | 4,336 | 58.3 | |||||||||
Ford Trucks | 90,676 | 83,252 | 8.9 | 435,146 | 394,709 | 10.2 | |||||||||
Ford Brand | 226,190 | 241,639 | -6.4 | 1,068,451 | 1,029,188 | 3.8 | |||||||||
LINCOLN BRAND | |||||||||||||||
MKZ | 3,250 | 3,296 | -1.4 | 11,933 | 12,717 | -6.2 | |||||||||
MKS | 452 | 613 | -26.3 | 3,032 | 3,304 | -8.2 | |||||||||
Lincoln Cars | 3,702 | 3,909 | -5.3 | 14,965 | 16,021 | -6.6 | |||||||||
MKC | 2,162 | 2,289 | -5.5 | 10,122 | 9,385 | 7.9 | |||||||||
MKX | 2,794 | 1,488 | 87.8 | 12,623 | 6,813 | 85.3 | |||||||||
MKT | 298 | 442 | -32.6 | 1,899 | 1,727 | 10.0 | |||||||||
Navigator | 851 | 1,046 | -18.6 | 4,879 | 4,840 | 0.8 | |||||||||
Lincoln Utilities | 6,105 | 5,265 | 16.0 | 29,523 | 22,765 | 29.7 | |||||||||
Lincoln Brand | 9,807 | 9,174 | 6.9 | 44,488 | 38,786 | 14.7 |
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