With the seasonally adjusted annual rate of sales or SAAR running at better than 17.7 million units, the U.S. auto industry continued to chalk up healthy sales numbers with Ford Motor Co. Nissan and Fiat Chrysler posting double-digit sales increases.
Ford’s U.S. sales were up 20% in February versus a year ago with 217,192 vehicles sold. Retail sales grew 11% – the company’s best February since 2005. F-Series sales were strong, with 60,697 vehicles sold – a 10% increase – marking Ford’s best February for F-Series in a decade.
“We saw a solid industry last month and a strong month for Ford, as customer demand for our newest vehicles, helped Ford increase its average transaction prices at almost double the industry average,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. (more…)