Ford September Sales Jump on Strong SUV, Truck Demand |
| Fox Business - Oct 3, 2011 |
In the face of the sluggish U.S. economy, Ford (F: 9.55, -0.12, -1.24%) said Monday it grew its domestic sales by nearly 9% in September amid demand for the No. 2 U.S. auto maker's SUVs and trucks.
The Dearborn, Mich.-based auto maker said its total U.S. sales increased 8.9% last month to 175,199 units. Ford-brand sales leaped 14.4% to 168,181, while its struggling Lincoln unit suffered a 6.6% decline to 7,018 vehicles.
Ford’s growth was highlighted by a 41% jump in Escape sales and a 204% surge in Explorer sales.
The company also sold 15% more trucks, including its best month of F-Series sales of the year at 54,410 units sold.
SUV sales climbed 35%, posting their best month at Ford since 2004. Ford’s hot-selling Escape vehicle has set internal monthly sales records seven out of nine months and is up 32% to 187,850 year-to-date.
Read more: http://www.foxbusiness.com/industries/2011/10/03/suv-truck-sales-drive-8-rise-in-ford-september-sales/#ixzz1ZjySWU6Z
Read Full Article from Fox Business
- Posted: 2011-10-03 12:14:22
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