Ford Motor (F) Total May Sales Rise 4.1%, Retail Sales Fall 11.2%

Ford Motor Company (NYSE: F) today reported its May 2021 U.S. sales results. Total U.S. sales rose 4.1% to 161,725 vehicles. Retail sales fell 11.2%.

• Ford electrified vehicle sales grew 184 percent in May, achieving a new electrified vehicles sales record with sales of 10,364 vehicles. Growth came from Mustang Mach-E, which totaled 1,945 vehicle sales, while F-150 PowerBoost totaled 2,852 for the month, Escape electrified sales totaled 3,617 – up 125 percent over last year. Explorer Hybrid sales also had a big increase of 132 percent over a year ago on sales of 1,156 SUVs.
• New products continue to drive transaction pricing. Average transaction prices at Ford were up approximately $3,400 over a year ago. Ford’s newest products – Bronco Sport and Mustang Mach-E – expanded their sales relative to April, with sales of the two totaling 16,892 vehicles, while turning quickly on dealer lots.
• Overall F-Series sales through May are up 4.7 percent on sales of 316,359 trucks. With tight inventories, F-Series continues to turn at record rates. Retail orders for F-Series trucks are up threefold over last year. Ford continues to fill orders as more semiconductor chips become available.
• Ford brand retail SUVs post best May sales since 2003, while Ranger sales recorded their best May sales since 2004. Ford brand SUVs were up 51.8 percent over a year ago on new product introductions of Bronco Sport and Mustang Mach-E, along with the continued momentum of Escape, Explorer and Expedition. With total sales of 14,303 for the month, Ranger sales expanded 41.8 percent relative to last year.
• With the all-new Bronco Sport and Escape, Ford greatly enhances its share of the small SUV segment. Ford’s May retail share is up almost 4 full percentage points in the small SUV segment, with sales of both Bronco Sport and Escape expanding their sales within two very different customer groups. Escape sales were up 51.4 percent, while the majority of Bronco Sport customers are coming from outside the Ford brand.
• Lincoln SUVs posted another record sales result in May. Lincoln SUV sales were up across the entire lineup in May with a total of 7,871 SUVs sold – up 24.3 percent

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