Ford Q3 Jumps 27 Percent from Q2

By Staff Writer October 05, 2020

Ford’s pickup sales hit their best third quarter in 15 years, according to its Q3 sales report.

Ford also reported 551,796 total U.S. sales, nearly 5 percent less than Q3 2019. However, Q3 sales were 27 percent higher than Q2. Ford’s retail share of the industry grew slightly at 0.2 percent. Ranger sales gained 8.2 percent in Q3 year-over-year, while the Explorer sold more than 160,000 units through September. Sales of Mustang totaled 13,851 cars in Q3. Mustang Q3 retail share of the sports car segment is estimated at 33 percent of the segment.

“Despite the challenging pandemic environment, our retail unit sales were down only 2 percent and we had our best third quarter of pickup truck sales since 2005,” said Mark LaNeve, Ford vice president, U.S. marketing, sales and service. “F-Series finished the quarter on a high note with September sales up 17.2 percent with over 76,000 F-Series pickups sold. This is a testament to our winning product portfolio and the performance of our great dealers.”

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Last modified on Monday, 05 October 2020 10:49