Ford’s May Sales Healthy
Truck business helps automaker move 10.7% more units year-over-year.
Sales of Ford’s F-Series trucks alone jumped about 43%.
IMAGE: Ford
Ford’s May sales rose about 11% year-over-year, buoyed by a hefty surge in truck sales.
The Dearborn, Mich.-based brand moved more than 170,000 units in the U.S. during the month. Its truck sales jumped about 32%, while car sales rose 10% and sports-utility vehicle sales fell 10%.
Sales of Ford’s F-Series trucks alone jumped about 43%.
Electric-vehicle sales fell 13%, while hybrids increased about 21%, and internal-combustion-engine models rose 11%.
Ford’s sales are up about 9% year-to-date.
Sales jumped across the auto industry in May. Cox Automotive forecast a 20% increase due to inventories hitting a two-year high as the month started and pent-up consumer demand following suit.
Originally posted on Auto Dealer Today
More Showroom
New-Vehicle Prices Stay Put
Affordability pressures and model availability shaped new-vehicle sales in September, according to an analysis by Kelley Blue Book.
Read More →
EV Buyer Consideration Shifts
What drives American consumers to purchase an electric vehicle is shifting as the question moves away from Should I?' to 'Which features and experience do I want to have?'
Read More →
Year-to-Date Auto Sales Holding Their Own
A forecast through August shows that automakers have shifted strategies to keep deliveries and revenues up despite tariffs and other economic challenges.
Read More →
Slow to Robo
Ten years of polling consumers shows autonomous vehicles’ profiles have risen considerably, but even more people now want at least some level of control if they go that route.
Read More →
Dealers a Little Down
A third-quarter Cox Automotive survey finds them in a mixed mood, bummed by fallen customer traffic but encouraged by better profits, costs and EV interest.
Read More →
European EV Sales Skyrocket
The EV market on the continent held strong in July with almost 25% of new-car sales being fully electric units, a stark contrast to the U.S., where EV sales declined about 42%.
Read More →
Mitsubishi Unveils U.S. Plan
The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.
Read More →
Used Lots Getting the Business
Many consumers are seeking out the units to save money, and the demand – higher in July than normal – is keeping supply limited and prices up.
Read More →
Used Market Stabilizes
The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
Read More →
California Hybrids Reach State Record
The Golden State still leads the country in electric-vehicle registrations, but much like the rest of the U.S. its hybrid market share is up while full electrics stabilize after a dramatic first-quarter dip.
Read More →