Ford Motor (F) June Sales Fell 5.1%

Ford Motor Company (NYSE: F) today reported its June 2017 sales totaled 227,979 vehicles – down 5.1 percent compared to last year.

• June retail results totaled 152,396 vehicles, flat versus last year’s retail results.
• Fleet sales in June of 75,583 vehicles were down 13.9 percent
• First-half company sales of 1,301,102 vehicles represent a 3.8 percent decline versus 2016
• Ford first-half retail sales down 2.1 percent, with 864,156 vehicles sold
• Ford fleet sales through June totaled 436,946 vehicles, a 7.1 percent decline – as expected – due to the timing of fleet deliveries
• Ford’s June average transaction pricing grew $1,800 – another month of significant increase compared to the overall industry gain of $520*
• Ford F-Series sales of 77,895 trucks up 9.8 percent last month; through June, F-Series sales were up 8.8 percent, with 429,860 pickups sold. Strong demand for high-series trucks and Raptor drove F-Series transaction pricing to a $3,100 gain for the month – more than twice the segment average
• Ford Explorer sales increased 22.7 percent, with 21,304 SUVs sold, with one-third of retail sales coming from high series (Limited, Platinum, Sport)
• Lincoln retail sales increased 11.3 percent in June; retail sales up 8.9 percent through first-half 2017

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