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Ford Media Center
Ford Motor Company’s June U.S. sales totaled 227,979 vehicles – down 5.1 percent compared to last year. Here to explain is Ford Sales Analyst, Erich Merkle.
Cut #1 “So the sales decline in June was all really attributed to fleet, which is due to just the timing of the orders. While fleet was down 13.9 percent, our retail sales through dealerships to customers were the same as they were a year ago. So, we expect the industry was off just a little bit at retail and we maintained a very steady pace year-over-year basis.” :24 sec.
Despite the 5 percent decline, Ford’s June average transaction price grew significantly, which Merkle attributes to the high-end truck sales, namely coming from Super-Duty.
Cut #2 ”King Ranch, Lariat, Platinum, really high demand for high series super duties, with a lot of our class exclusive features that customers are demanding. So that drove our transaction prices, in addition to that you’ve got the Raptor out there now for F-150, which is also added to that mix.” :21 sec.
Another significant sales increase happened for the Ford Explorer where sales were up about 23 percent in June versus a year ago.
Cut #3 “So this marks Explorer’s best June performance in 12 years with sales up 18 percent in the nation’s largest SUV market: the Northeast. Now what Explorer does, it also caps off a record first-half for Ford brand SUVs. Ford brand SUVs in the first half were up 3 percent with 406,464 SUVs sold. That’s the first time that we’ve sold over the 400 thousand mark Ford brand SUVs at any time in Ford’s history.” :32 sec.
Lincoln retail sales increased about 11 percent for the month of June, which Merkle attributes to new product driving a steady increase in sales at the luxury car market level.
Cut #4 “For the first half Lincoln retail sales were up about 9 percent, that was our best first-half performance in a decade. And what’s really doing it for Lincoln is that we have this nice string going now where we’ve finished 17 consecutive months of increasing retail sales. A lot of that’s being driven by very successful SUVs with MKC, and MKX and then we can’t forget but the all-new Continental is also in that mix right now. So a lot of new product driving Lincoln’s success.” :30 sec.
Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services. The company does that through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough EVs along with embedded software that defines exceptional digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Additionally, Ford is pursuing mobility solutions through Ford Next, and provides financial services through Ford Motor Credit Company. Ford employs about 177,000 people worldwide. More information about the company and its products and services is available at corporate.ford.com.