logo
  Join        Login             Stock Quote

Ford Motor (F): March U.S. Sales Rise 6%, Best Month Since May 2007

 April 02, 2013 10:12 AM
 


(By Balachander) Automaker Ford Motor Co. (NYSE: F) reported a 6% rise in March U.S. sales, due to higher demand for utilities and trucks.

Total vehicles for the month of March increased to 236,160 units from 223,418 units. Sales from Ford brand grew 6.9%, while Lincoln sales fell 22.5%.

Type-wise, Ford car sales edged 0.2% lower, with utilities and trucks rose 13.6% and 6.0% respectively.

"Ford's newest vehicles – Fusion and Escape – set all-time monthly sales records in March, driving Ford Motor Company's best U.S. sales results since May 2007," the company said.

Fusion sales topped 30,000 for the month, and 80,000 for the three-month period for the first time in Fusion sales history, Ford noted.

Escape sales jumped 28% and Explorer sales surged 33%.

America's best-selling pickup, the Ford F-Series, sold 67,513 pickups in March, a 16% increase over last year.

F is trading 1.63% higher at $13.11 at 10.07 am ET on Tuesday.

iOnTheMarket Premium
Advertisement

Advertisement


Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 

rss feed

Latest Stories

article imageLadenburg Thalmann Financial Services (NYSEMKT:LTS): Heavy, Durable Insider Buying

Ahh, but any worries over price levels didn’t stop multiple insiders at Ladenburg Thalmann Financial read on...

article imageInternational Business Machines Corp. (IBM) Q2 Earnings Preview: Small Beat and Pop

International Business Machines Corp. (NYSE:IBM) will host a conference call Wednesday, Jul. 16, 2014 at read on...

article imageGoogle Inc. (GOOGL) Q2 Earnings Preview: A Few Pennies Either Way Make a Big Difference.

Google Inc. (NASDAQ:GOOGL) will hold its quarterly conference call to discuss second quarter 2014 financial read on...

article image19 Companies That Could Beat Earnings and Pop on Price Next Week

Using iStock’s proprietary iEstimates model, we have identified 19 publicly traded companies that could read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.