F-Series Helps Ford Have a Good September While Industry SAAR Is Best Since July 2005
U.S. automakers reported September auto sales that had their first year-over-year increase for 2017. The exact bump from hurricane recovery in Texas and Florida is hard to say, and we expect a good October as both states should only be in recovery mode barring another storm. September auto sales benefited from one extra selling day than September 2016 and increased by 6.3% year over year to about 1.51 million. The seasonally adjusted annualized selling rate came in at 18.58 million, the best of ...Ford Motor designs, manufactures, markets, and services a line of Ford cars, trucks, sport utility vehicles, electrified vehicles, and Lincoln vehicles, as well as provides financial services through its subsidiary, Ford Motor Credit Company LLC. The company is engaged in electrification; mobility solutions, including self-driving services; and connected vehicle services. The company has three operating segments: Automotive, which includes the sale of Ford and Lincoln vehicles, service parts, and accessories; Mobility, which includes its autonomous vehicles and its investment in mobility through Ford Smart Mobility LLC; and Ford Credit, which includes vehicle-related financing and leasing activities.
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