Vehicles

New SUV, Van Models Boost Ford Sales

Posted on July 5, 2018
The redesigned 2018 Ford Expedition and Lincoln Navigator models have been well received in the limousine industry by operators and clients (photo: Ford/Lincoln)
The redesigned 2018 Ford Expedition and Lincoln Navigator models have been well received in the limousine industry by operators and clients (photo: Ford/Lincoln)

Ford Motor Company said this week its U.S. sales rose 1.2% in June, on good sales of its newest SUVs and continued strong demand for its huge-selling F-Series pickups.

Some highlights:

  • Sales of Ford-brand SUVs as a group rose 8.1% in June. Key drivers: Good gains for the compact Escape (up 6.4%) and big Expedition (up 10.1%), and the new EcoSport's best monthly result yet, with 6,756 sold.
  • Sales of the Transit commercial van rose 25% from a year ago. While Ford's overall fleet sales were down, its sales to commercial fleets rose 6% last month.
  • Lincoln sales rose 2.8%, on good gains for its compact MKC and large Navigator SUVs. The Navigator is all-new and reviews have been strongly positive; sales were up 68.4% in June, and its average transaction price rose a whopping $27,000.
  • Ford's sedans are still struggling. Sales of Ford-brand cars as a group fell 13.2% from (fairly poor) year-ago results; Lincoln's cars were down 26.6%. Only the tiny Fiesta managed a year-over-year sales gain.

The Motley Fool article here

Related Topics: Ford, Ford Expedition, Lincoln, Lincoln Navigator, OEMs, SUVs, vehicle sales

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