The Detroit Three automakers’ stocks were getting kicked around Friday morning after reporting monthly sales for March that were short of the totals that analysts expected. As usual, though, pickup trucks did all they could lift industry sales
Ford Motor Co. (NYSE: F) sold 73,884 F-Series pickups in the month of March, an increase of 9% year over year. Compared with February 2016 sales, that’s a jump of 22%.
General Motors Co. (NYSE: GM) said sales of its Silverado pickups rose 6.1% year over year in March to 47,966 units. Sales of GMC Sierra trucks rose nearly 24% to 21,548, for a combined total of 69,514.
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