Ford Motor Co. (F) reported a 12.6 percent year-over-year growth in U.S. total sales and a 19 percent rise in retail sales for August, with gains in cars, utilities and trucks.
The company's U.S. sales for the month totaled 197,249 vehicles, compared with last year's 175,220 vehicles. Also, Ford Fusion posted August sales of 21,690 vehicles, a 21 percent improvement over the prior year's 17,925 vehicles.
For the month of August, Ford passenger car sales went up 7 percent, including 35 percent in retail sales; and Ford trucks' sales grew by 6 percent.
Ken Czubay, Ford vice president, U.S. Marketing, Sales and Service stated, "As fuel prices rose again during August, we saw growing numbers of people gravitate toward our fuel-efficient vehicles - cars, utilities and trucks."
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