Ford June Sales Rocket Higher
Ford (NYSE: F) put on an impressive show in June, at least based on U.S. sales. The numbers will not offset worries about revenue from Europe, but do show Ford’s strength in its home market The car company reported Ford…
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Ford Motor Company’s U.S. sales are up 7 percent so far this year, with 1.14 million vehicles sold. June sales also increased 7 percent from last year, with 207,759 vehicles sold.
Ford sales are increasing across the company’s lineup – with cars up 3 percent, utilities up 9 percent and trucks up 9 percent year to date.
In June, the Ford Escape set an any-month record – with sales up 28 percent – while the Ford Fusion set a record for June. Ford Explorer sales were up 35 percent from last year, and F-Series sales are up 11 percent and topped 50,000 for the first June in five years.
The F-series pick up continued to be Ford’s best seller as it has been most months for years. Ford sold 55.025 F-Series, nearly a quarter of the company’s monthly total, up 10% from the same month last year
Douglas A. McIntyre
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
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A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
