Ford Motor Co. (NYSE: F) on Tuesday posted a U.S. sales increase of 5% year over year in July to 222,731 Ford and Lincoln vehicles, compared with July 2014 sales of 212,236. Truck sales rose 5.7% for the month after falling 0.7% in June.
Source: courtesy of Ford Motor Company
Total sales compare to estimates of nearly 216,000 units from Edmunds and 214,000 from Kelley Blue Book.
Sales of the Ford F-Series pickups rose by 4.8% in July to 66,288 units and sales are now down 1.3% year to date. The better news for Ford is that the transaction pricing on the F-Series truck rose $3,200 compared with the July 2014 transaction price.
Truck sales comprise about 37% of all Ford division sales and the F-Series pickups accounted for almost 30% of total sales in July.
Ford’s Escape small sport utility vehicle (SUV) saw a sales increase of 10.1% year over year, reversing a decline of 3.9% in June. Sales of the all-new Transit and Transit Connect totaled 12,748 units in July, and the new Transit has sold a total of 65,688 units for the year to date.
Sales of the Lincoln brand rose 21.3% year over year, while sales of Lincoln utility vehicles rose by nearly 39.3%. Car sales totaled 3,186 units in July and utility vehicle sales totaled 6,350 units. Year to date, Lincoln car sales are down 17.4% and utility sales are up 35.2%.
The stock traded up about 1.3% Monday morning, at $15.02 in a 52-week range of $13.26 to $17.87.
ALSO READ: Iconic Car Prices Then and Now
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
