Good Sales Month for Ford

Ford Motor (F) had another decent month for sales:

Sales grew 6.4% in June with 240,109 vehicles sold, topping estimates for a 4.9% gain. Ford sold more than a half million trucks in the first half of the year, a 13% gain, further widening its truck lead vs. rivals.

Its top-selling F-series trucks jumped 29% in June. However, overall car sales declined 12.1% to 68,478 units. The company’s flagship Ford brand was up 6% at 231,300 vehicles, and the luxury Lincoln brand grew 6% to 8,809 units.

The shares are up to $12.85 today after bouncing off $12 on Monday.

Posted by on July 1st, 2016 at 10:54 am


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