FYI: There hasn’t been a lot of good news in the auto sector lately, but today’s August results from Ford (F) weren’t as bad as expected. Overall, Ford vehicle sales were down 2.3% during the month compared to expectations for a larger decline of 3.5%. One particular bright spot for Ford was in its sales of F-series trucks which increased 15% over last August’s total. Keep in mind that these are unadjusted numbers that don’t take into account the number of selling days, but regardless, it was the fourth strongest August for F-Series sales going back to 1996 as well as the best August since 2005.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/ford-truck-sales-strong/