Under new management Ford looks to shift focus to electric SUVs

according to A red 2018 Ford F-250 Lariat, a big pickup truck, is shown towing a boat trailer up a mountain road. Sales of several key Ford models have lagged rivals' recently, but the all-important F-Series continues to sell in big numbers. How Ford fared against rivalsHere are the June sales results for the six largest-selling automakers in the U.S. market. F-Series sales rose 1.7% in June from a very good year-ago result, to 79,204 sold for the month. For starters, F-Series sales rose 5.5% in the quarter, and average transaction prices remained strong -- both good signs for profitability.

Collapse in China Sales Threatens Ford CEO's Turnaround

Almost all his strategy could be challenged by a collapse in sales in China, the world's largest car market by far. Ford reported that sales in China dropped a breathtaking 38% in June to 62,057. Peter Fleet, president, Ford Asia Pacific and board chair and CEO, Ford China, said as Ford announced its China results:We always knew it would be a challenging year for us given our position in the product cycle; however, we are intensely focused on our 'In China, For China' strategy. Ford cannot be considered at the forefront of either the electric or autonomous car sectors. These are led by a group of tech companies and electric car operations, and squeezed by similar initiatives by every major manufacturer in the world.

Ford and Fiat Chrysler Post Solid June Sales -- The Motley Fool

as mentioned in This healthy demand translated to strong sales in June for Ford Motor (NYSE:F) and Fiat Chrysler (NYSE:FCAU). Fiat Chrysler also has a strong JuneFiat Chrysler has been one of the best-performing automakers in the U.S. market year to date. Last year, Fiat Chrysler decided to follow many of its peers by sharply reducing its sales to rental car companies. Domestic sales for Fiat Chrysler's other brands -- Alfa Romeo, Chrysler, Dodge, Fiat, and Ram -- declined 6.1% in the first six months of 2018. As a result, Ford stock looks appealing for investors willing to stomach some short-term volatility.

GM Gains 2% Market Share And Takes U.S. Pickup Truck Sales Crown From Ford

One year later, GM grew an astounding 12% whereas Ford grew "only" 5%, so GM has now raced up to 34% market share whereas Ford is stuck at "only" 32% market share. Let's start with the fact that the U.S. pickup truck market is 100% supplied by final assembly lines in North America. Therefore, even if the 25% U.S. pickup truck tariff were to go away, the existing demand profile and supply chain means that the U.S. full-size pickup truck market will likely continue to be supplied from within North America for many years to come. One important thing to understand about the U.S. pickup truck market is that Ford and FCA (NYSE:FCAU) do not participate in the midsize pickup truck market right now. Then, adding fuel to GM's pickup truck sales fire, the midsize trucks were up 33%, causing the GM total to be up 12%.




collected by :Madison Joidin

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