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17th of July 2018

Automotive



FORD: SUVs, pickups fuel retail increase

Through the first half of the year, Ford Motor sales are down 1.8 percent. Photo credit: DAVID PHILLIPS

UPDATED: 7/5/18 11:42 am ET - adds details

Ford Motor Co. ended a rocky first half of 2018 on a positive note as strong retail sales helped it post a 1 percent volume increase in June.

The automaker overcame a 2.3 percent decline in fleet business and a 14 percent drop for its cars thanks to strong performances by its utility vehicles and other trucks. Utility sales rose 8.9 percent for a record June while sales of pickups and vans increased 3 percent.

Lincoln snapped an eight-month losing skid, propped up by sales of the redesigned Navigator SUV and MKC crossover. Ford said the Navigator's average transaction price in June was more than $81,000, a 50 percent increase from the same period a year ago.

Through the first half of the year, Ford Motor sales are down 1.8 percent, including a 1.1 percent drop in retail sales.

Brands: Ford up 1%, Lincoln up 2.8%

Notable nameplates: F series up 1.7% to 79,204; Transit up 25% to 13,533; Mustang up 20% to 7,400; Fusion down 14% to 15,678; Escape up 6.4% to 28,901; Lincoln Continental down 44% to 546; Navigator up 68% to 1,650.

U.S. market share: 14.8 % in June vs. 15.4 % in June 2017; 14.8 % year-to-date through June vs. 15.3 % year-to-date through June 2017.

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