Ford's October Sales Keep F-Series Momentum Strong
Automakers reported October U.S. deliveries to end customers Nov. 1 that looked healthy to us, despite one selling day fewer this October than in October 2016. However, a seasonally adjusted annualized selling rate could not be issued because of a reporting problem with BMW’s results. Excluding BMW, sales fell 1.0% to 1.33 million; we calculate that sales rose 2.9% adjusted for the differences in selling days. Sales year to date are down 1.6%, and we think the industry will finish 2017 in the lo...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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