Ford September Sales at 11-Year High on Trucks, SUVs

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By Paul Ausick Updated Published
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Ford Escape 2016
Ford Motor Co.
Ford Motor Co. (NYSE: F) on Thursday reported a U.S. sales increase of 23% year over year in September, to 221,599 Ford and Lincoln vehicles, compared with September 2014 sales of 180,175. Truck sales rose 23.2% for the month, on top of an 11.3% increase in August. The company’s Ford sport utility vehicles (SUVs) posted their best September sales in 12 years, and the company said it posted its best September sales performance in 11 years.

Total sales compare to an estimate of 205,000 by analysts at Kelley Blue Book. The industry research firm also reported that Ford’s average transaction price in September was $36,803, up 0.3% month over month and up 3.8% compared with September of last year.

Sales of the Ford F-Series pickups rose by 16.4% in September to 69,651 units, and sales are now up 1.3% year to date. F-Series September sales were the best in nine years.

Truck sales comprise about 41% of all Ford brand sales, and the F-Series pickups accounted for almost 33% of total sales in September.

Ford’s Escape small SUV saw a sales hike of 31.1% year over year, following a 0.4% decrease in August. Sales of the all-new Transit and Transit Connect totaled 14,004 units in September, and the new Transit has sold a total of 86,085 units for the year to date.

Sales of the Lincoln brand rose 19.6% year over year in September, while sales of Lincoln utility vehicles rose by 23%. Car sales totaled 2,993 units in the month, and utility vehicle sales totaled 5,687 units. Year to date, Lincoln car sales are down 14% and utility sales are up 31.1%.

The stock traded down about 0.6% Monday midday, at $13.49 in a 52-week range of $10.44 to $16.74.

ALSO READ: GM September Sales Bounce Higher on Crossover Demand

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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