UPDATE: Ford Motor (F) Total U.S. Sales Rose 1.9% in December, Tops Views
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Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 6.2%
EPS Growth %: -30.2%
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(Updated - January 3, 2013 9:34 AM EST)
Ford Motor Company's (NYSE: F) U.S. sales grew across the board in 2012, with cars up 5 percent, utilities up 7 percent, and trucks up 2 percent for the year. Overall, the Ford brand ended 2012 with 2,168,015 vehicles sold – the only brand to top 2 million U.S. sales.
*** Total sales rose 1.9 percent, versus the consensus of 1.2 percent.
Sales of Ford's small cars were up 29 percent in 2012, with 316,006 vehicles sold, and overall car sales were up 5 percent in 2012, with 760,646 sold. Focus sales gained 40 percent during the year, and the all-new C-MAX continues its strong selling rate. In the first four months of sales, 13,309 C-MAX vehicles were sold, making it the fastest sales start of any hybrid vehicle in the industry.
Ford again became America's best-selling brand of utility vehicles in 2012, with 619,470 vehicles sold. Escape broke its 2011 record sales levels with 261,008 vehicles sold, up 3 percent. Explorer gained 17 percent for the year, with 158,344 vehicles sold.
Ford trucks continued to dominate in 2012 – with F-Series America's best-selling pickup for the 36th straight year and 31 consecutive years as America's best-selling vehicle. Overall, 645,316 F-Series were sold, a 10 percent increase versus 2011. Total Ford brand truck sales – including Transit Connect and E-Series – were up 2 percent for the year at 829,477 vehicles sold.
Ford also remained America's largest maker of commercial trucks for 28 years, posting a 7 percent increase in 2012. That marks Ford's best year for commercial truck sales since 2008.
Last month, Ford delivered its best December sales results since 2006, with 214,222 vehicles sold – a 2 percent increase.
Ford Motor Company's (NYSE: F) U.S. sales grew across the board in 2012, with cars up 5 percent, utilities up 7 percent, and trucks up 2 percent for the year. Overall, the Ford brand ended 2012 with 2,168,015 vehicles sold – the only brand to top 2 million U.S. sales.
*** Total sales rose 1.9 percent, versus the consensus of 1.2 percent.
Sales of Ford's small cars were up 29 percent in 2012, with 316,006 vehicles sold, and overall car sales were up 5 percent in 2012, with 760,646 sold. Focus sales gained 40 percent during the year, and the all-new C-MAX continues its strong selling rate. In the first four months of sales, 13,309 C-MAX vehicles were sold, making it the fastest sales start of any hybrid vehicle in the industry.
Ford again became America's best-selling brand of utility vehicles in 2012, with 619,470 vehicles sold. Escape broke its 2011 record sales levels with 261,008 vehicles sold, up 3 percent. Explorer gained 17 percent for the year, with 158,344 vehicles sold.
Ford trucks continued to dominate in 2012 – with F-Series America's best-selling pickup for the 36th straight year and 31 consecutive years as America's best-selling vehicle. Overall, 645,316 F-Series were sold, a 10 percent increase versus 2011. Total Ford brand truck sales – including Transit Connect and E-Series – were up 2 percent for the year at 829,477 vehicles sold.
Ford also remained America's largest maker of commercial trucks for 28 years, posting a 7 percent increase in 2012. That marks Ford's best year for commercial truck sales since 2008.
Last month, Ford delivered its best December sales results since 2006, with 214,222 vehicles sold – a 2 percent increase.
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