Ford Motor Co. (NYSE: F) saw a boost in the number of F-series trucks, as well as Taurus and Mustang cars during the month of June.
Overall, Ford Motor Co. (NYSE: F) saw a 15% increase during the month of June but dropped 13% from May as the broader automotive industry lost some its momentum.
The Detroit-based automotive company was helped by a 58% increase in sales of its F-Series trucks and by the 2011 Mustang. Ford also saw an increase in sales to car buyers and an increase in fleet sales. The F-Series truck was the top seller with 46,502 pickup trucks sold during the months and sales of the Ford Taurus were up 191% to 6,607.
Ford Motor Company (Ford) is a producer of cars and trucks. Ford and its subsidiaries also engage in other businesses, including financing vehicles. It operates under two segments: Automotive and Financial Services. The Automotive segment includes the operations of Ford North America, Ford South America, Ford Europe, Ford Asia Pacific Africa and Volvo. The Financial services include the operations of Ford Motor Credit Company and Other Financial Services.
