Good Times, Bad Times: Ford Sales Doing Good Despite a Dip

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F-150

F-Series begins year as a bestseller, Explorer posts gains while overall U.S. sales declined 12.5%.

Ford Motor Company reports that its overall inventory levels remain in good shape during a period of production downtime and lower industry sales.

Amid multiple state stay-at-home orders, Ford’s overall Q1 sales declined 12.5%.

The good news is that with sales of 186,562 pickups, F-Series begins the year as America’s best-selling vehicle, although sales are down 13.1%.

F-150

“The decline is explained by the timing of our fleet sales and weaker retail sales in March due to coronavirus,” said Ford in a press statement.

Ford overall van sales total 54,499 vans– up 5.7%. As America’s best-selling van, Transit sales increase 15.7% on sales of 36,836 vans for the quarter –the best sales start since its launch in 2014.

Ford Ford Explorer ST

The Ford Explorer begins the year as America’s best-selling midsize SUV on sales of 56,310 vehicles.

Q1 retail sales of the all-new Ford Explorer increase 10.5%, while ST Explorer retail sales gain 32%bover year ago.

Overall Ford brand SUV sales are down 12.7% in Q1.

 

Also See: Ford F-Series Extends Best-selling Pickup Streak to 43 Years

 

Ford’s performance lineup of vehicles saw strong gains. Mustang begins the year with sales of 18,069 vehicles, representing a 6.8% gain, while GT350/Shelby GT500 sales doubled.

Lincoln Q1 retail sales increase 6.9%, while Lincoln total sales expand 2.3%

Led by Aviator, Lincoln SUVs expand 12.2% at retail on new product introductions.

Lincoln SUV

Overall Lincoln SUV sales totaled 20,516 vehicles, representing an increase of 6.1%. Lincoln Corsair sales expand as inventory transitions from MKC.

Corsair completed its transition from MKC at the end of Q1. Combined Corsair and MKC retail sales are up 3.8%, compared to MKC volumes a year ago.

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