Ford posts best February retail sales in 11 years

(March 1, 2016) DEARBORN, Mich.— Ford ’s U.S. sales were up 20 percent in February versus a year ago with 217,192 vehicles sold. Retail sales grew 11 percent — the company’s best February since 2005. Retail sales gains came across the product portfolio. Cars gained 6 percent, trucks increased 5 percent, and SUVs were up 22 percent.

Ford SUV sales last month — the best February in company history — totaled 65,016 vehicles, up 28 percent versus a year ago. Edge jumped 91 percent, Explorer was up 18 percent and Escape gained 14 percent.  F-Series sales were strong, too, with 60,697 vehicles sold — a 10-percent 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 — including new high-end series on Explorer and Edge — 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. “Offering more high-end options for truck and SUV customers and having the capability fleet buyers value as they are reinvesting in their fleets are strengthening our business.”

Transit sales increased 70 percent last month, with 11,496 vans sold – adding to Ford’s total van sales of 18,407 giving Ford its best February van performance since 1979.

Lincoln sales of 8,039 vehicles increased 30 percent, with the all-new Lincoln MKX up 109 percent, helping support the brand’s record February sales.