Followers | 679 |
Posts | 140794 |
Boards Moderated | 36 |
Alias Born | 03/10/2004 |
Monday, January 06, 2020 9:38:03 AM
By: TheStreet | January 6, 2020
• Among vehicle types, trucks lead the way, up 15.9%, while SUVs fall 4.1% and cars slump 41%.
Ford (F) shares were a bit lower Monday after the carmaker reported that fourth-quarter sales slipped 1.3% from a year earlier.
Among vehicle types, trucks led the way, up 15.9%, while SUVs fell 4.1% and cars slumped 41%.
The company sold nearly 602,000 cars in the quarter, against 610,000 in the year-earlier quarter. Split by nameplate, Lincoln sales rose 17.8% while Ford sales eased 2.2%.
The biggest seller among the trucks was the F-Series, up 1.6% to nearly 234,000. Ford said the F-Series was the biggest selling pickup in the U.S. for the 43rd straight year.
The strongest performances within trucks were increases of 17.8% in the Transit model and 17.3% in the Transit Connect model. The Transit is a light commercial vehicle for passenger and business use.
Among major sellers in the car division, Mustang rose 20% to more than 17,000 while Fusion sales fell a third to more than 32,000.
Lincoln was led higher by its SUVs, particularly Navigator by 14.7% and Corsair/MKC by 8.3%.
For all of 2019, Ford vehicle sales slipped 3% to 2.42 million from 2.5 million.
Ford's results come on the heels of Friday's reports from General Motors (GM) and Fiat Chrysler (FCAU).
GM vehicle sales declined 6.3% in the fourth quarter and 2.3% for all of 2019. Fiat Chrysler sales fell 2.3% in the quarter and 1.4% for the year.
Ford shares were off 1% to $9.12 at last check.
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
Recent F News
- U.S. Futures Display Mixed Results Amid Earnings, WTI and Brent Crude Prices Dip in June Futures Trading • IH Market News • 04/24/2024 11:31:20 AM
- Despite Record EV Production Numbers, Shortage of Battery Metals Looms • PR Newswire (US) • 04/22/2024 03:24:00 PM
- Despite Record EV Production Numbers, Shortage of Battery Metals Looms • PR Newswire (US) • 04/22/2024 03:23:00 PM
- Despite Record EV Production Numbers, Shortage of Battery Metals Looms • PR Newswire (Canada) • 04/22/2024 03:23:00 PM
- Apple to Invest $250 Million in Singapore Expansion, Oracle Commits $8 Billion to Japan Infrastructure, and More News • IH Market News • 04/18/2024 11:11:52 AM
- Paramount Global Board Shrinks, Morgan Stanley Faces Regulatory Probe, and More News • IH Market News • 04/12/2024 11:05:29 AM
- Costco Increases Dividend by 14%, Meta Introduces ‘Artemis’ AI Chip, and More News • IH Market News • 04/11/2024 11:24:54 AM
- Volkswagen, BMW, Ford, and Mercedes-Benz: Automotive Industry Updates for Q1 • IH Market News • 04/10/2024 11:56:37 AM
- Apple Terminates 614 Employees, Disney Unveils June Crackdown on Password Sharing, and More Updates • IH Market News • 04/05/2024 11:38:57 AM
- Ford Updates EV, Hybrid Plans, Readies Manufacturing Plants • Business Wire • 04/04/2024 12:30:00 PM
- Ford Motor Company Issues 2024 Proxy Statement, Announces May 9 as Date for Virtual Annual Meeting • Business Wire • 03/29/2024 01:05:00 PM
- GameStop Shares Tumble 20% in Pre-Market Trading Amid Revenue Decline, Direct Digital Plummets 42%, and More News • IH Market News • 03/27/2024 10:54:47 AM
- Cisco and Ford Motor Company Rollout Webex App for Productivity on the Move • PR Newswire (US) • 03/26/2024 03:00:00 PM
- Ford and Allego Partner to Electrify European Dealership Network with Ultra-Fast Charging • Business Wire • 03/26/2024 02:30:00 PM
- CFO Lawler to Affirm Full-Year 2024 Operating Guidance, Review Ford+ Growth Plan at BofA Auto Summit Today • Business Wire • 03/26/2024 11:30:00 AM
- Unilever Initiates Ice Cream Division Spin-Off and Announces Job Cuts; Berkshire Ramps Up Share Buyback Efforts, and More • IH Market News • 03/19/2024 11:33:10 AM
- Lawler to Discuss Customer-Focused Ford+ Growth Plan at Bank of America Securities Auto Summit • Business Wire • 03/12/2024 12:30:00 PM
- Oracle Soars 13% With Exceptional Growth and Boosts Nvidia Shares With Collaboration Announcement, and More • IH Market News • 03/12/2024 11:21:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 09:06:40 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/06/2024 09:01:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:46:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:45:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:45:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:45:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:44:50 PM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM