Followers | 174 |
Posts | 131237 |
Boards Moderated | 7 |
Alias Born | 07/02/2005 |
![](https://investorshub.advfn.com/uicon/58262.png?cb=1703869066)
Friday, February 07, 2014 9:44:51 AM
Ford sold 46,536 F-150 pick-ups in January, which was flat from January 2013. Sales of American cars and light trucks dove more than 3% last month, a sign that the rapid rise in automotive sales may have started to falter.
The next two best-selling vehicles in the United States are also pickups, but their numbers are so far behind the F-150's that it is nearly a mathematical impossibility for them to catch Ford. General Motors Co.'s (GM) Chevy Silverado sold 28,926 units, a drop of more than 18%. The Dodge Ram pickup sold 25,071, up 22% year over year.
ALSO READ: The 10 Cities Where No One Wants to Drive
Ford has taken a gamble with the F-150. Much of the 2015 version truck is made with aluminum alloy. Ford claims that will shave as much as 700 pounds off the vehicle. If gas mileage is a concern among buyers, the lighter weight will make a difference. If not, the aluminum is apparently as strong as steel, according to Ford. Married with a new engine, the F-150 becomes even more fuel efficient. Proponents of the truck's capability say that its capacity to do "truck-like" things like towing and hauling has not been compromised at all.
Ultimately, changes to the F-150 may not make much difference. Ford owners are among the most loyal of all car owners, according to Consumer Reports data. Some 56% of Ford owners are likely to buy another one, just behind Toyota Motor Corp. (TM). While the loyalty rate does not apply evenly to all Ford models, the place the F-150 holds at the top of the U.S. car sales pyramid could not stay as it is, and has been, if owners regularly deserted it in favor of competitors.
January U.S. car sales are on the books. And, with 11 months to go, a prediction about the 2014 leader is easy to make. The F-150 has too much history in its favor, and a huge lead at the start of a new year -- again.
Recent F News
- Honeywell Acquires CAES Systems for $1.9 Billion, Sarepta Therapeutics Surges 34%, Gilead Continues Gains • IH Market News • 06/21/2024 12:00:38 PM
- Adobe Soars 15% Pre-Market; Visa and Mastercard Encounter Hurdles in $30 Billion Agreement, and More • IH Market News • 06/14/2024 11:21:47 AM
- Tesla Surges 5% in Pre-Market; Virgin Galactic Drops 9% Following Reverse Stock Split, and More News • IH Market News • 06/13/2024 11:24:25 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 09:50:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 09:49:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:20:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:58:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:57:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:57:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:57:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:57:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:56:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:56:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:56:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:56:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:55:57 PM
- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/05/2024 08:03:48 PM
- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/05/2024 08:02:35 PM
- Apollo Buys 49% of Intel’s Irish Plant for $11bn, BlackRock and Citadel to Create Texas Exchange, and More News • IH Market News • 06/05/2024 11:41:36 AM
- Colorado Ford Dealers Secure Naming Rights to New Outdoor Amphitheater in Colorado Springs, Colorado • GlobeNewswire Inc. • 06/05/2024 10:30:00 AM
- Colorado Ford Dealers Secure Naming Rights to New Outdoor Amphitheater in Colorado Springs, Colorado • PR Newswire (US) • 06/04/2024 10:03:00 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/31/2024 08:18:24 PM
- DJT Stock Falls 6% Post-Trump Conviction; UBS Restructures Senior Management for CEO Succession and More News • IH Market News • 05/31/2024 11:54:10 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 09:25:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/24/2024 08:40:13 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM