Ford’s Aluminum F-150 Is Turning Out to Be a Great Bet | Harold Zeigler Newsletter Lowell MI
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Date posted: November 2, 2015

Ford’s Aluminum F-150 Is Turning Out to Be a Great Bet

Analysts: The new F-150 had a great October

The analyst team at Kelley Blue Book expects Ford to post a 16.6% year-over-year sales increase when it reports its results for October on Tuesday. That’s well ahead of the 11.9% increase it expects for the overall market, and they think the F-150 has a lot to do with it.

“The new F-150 is pushing the overall F-Series volume to new levels of growth this year,” the group said in a statement. (“F-Series” includes the new F-150 and Ford’s Super Duty pickups. Ford doesn’t break out F-150 sales, but on average, about 70% of total F-Series sales are F-150s. That percentage may be a little bit higher right now.)

CEO Mark Fields was enthusiastic about the truck’s recent success during a conference call on Tuesday. “The bottom line is that we are seeing very strong demand [for the F-150],” he said. “We’re continuing to see a rich mix, we see fast turn rates — much faster than the segment average.

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Source: fool.com


   
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