Ford U.S. Sales Rise 6% In September
(RTTNews.com) - Automaker Ford Motor Co. (F) reported Wednesday that U.S. vehicles sales for the month of September increased 6 percent from last year that outpaced the industry, boosted by double-digit sales growth for cars, particularly small cars. This is Ford's best September sales results since 2006. Sales for trucks also grew, while utility vehicles sales declined.
"The combination of great styling, fuel economy and value delivered another solid monthly result for Ford in September. We're particularly encouraged by the strength of the Fusion and Fiesta, especially in coastal markets," said Ken Czubay, vice president, U.S. Marketing, Sales and Service.
Dearborn, Michigan-based Ford, the second largest U.S. automaker, said it sold 185,146 vehicles in the U.S. in September, up 5.8 percent from 174,976 vehicles sold in the same month last year. For August, Ford had reported a 12.2 percent growth in U.S. vehicles sales.
Meanwhile, General Motors Co. (GM), the largest U.S. Automaker, reported a 11 percent decline in U.S. vehicle sales to 187,195 units from the prior year month. Auburn Hills, Michigan-based Chrysler Group LLC, which is majority owned by Italy-based Fiat SpA (FIATY), reported total U.S. sales of 143,017 units, up 1 percent from 142,041 units sold in September 2012.
Sales of Ford brand vehicles increased 6.3 percent to 178,693 units, while sales of Lincoln brand vehicles declined 5.1 percent to 6,453 units from last year, despite the all-new Lincoln MKZ posting its best-ever September sales, up 12 percent.
Ford passenger car sales rose 13.9 percent year-over-year to 53,928 units in September, and truck sales grew 8.3 percent to 73,263 units from last year. Meanwhile, Ford utility vehicle sales declined 3.2 percent to 51,502 units from a year ago.
Ford brand sales were led by small cars, with sales of fuel-efficient small car Ford Fusion growing 62.4 percent, Fiesta sales increasing 28.5 percent and C-MAX sales soaring 125.2 percent from last year. Police Interceptor Sedan sales also surged 56.9 percent.
Meanwhile, September sales of Ford's small car Focus declined 15.2 percent, and Ford Taurus sales decreased 9.5 percent from last year. Ford Mustang sales also edged down 0.4 percent from last year.
Among the utility vehicles, Ford Explorer sales grew 1.5 percent, Ford Flex sales increased 9.4 percent and Ford Expedition sales edged up 0.7 from last year. Police Interceptor utility vehicle sales more than doubled. Meanwhile, Ford Escape saw a 2.3 percent decline in sales, and Ford Edge sales dropped 20.6 percent from last year.
Sales of Ford's F-Series pick-up truck, America's best-selling truck for 35 years in a row and America's best-selling vehicle, car or truck, for 30 straight years, grew 9.8 percent to 60,456 units in September, topping the 60,000 vehicle mark for the fifth straight month.
"The F-Series also keeps delivering, with our fifth-straight month surpassing the 60,000-vehicle mark and continuing as America's best-selling vehicle," Czubay added.
For the year-to-date nine-month period, Ford's U.S. vehicles sales increased 12.0 percent to 1.89 million units from 1.69 million units in the same period last year.
In Tuesday's regular trading session, F is currently trading at $17.21, up $0.34 or 2.00% on a volume of 11.45 million shares.
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