Ford F-150 Sales At Highest Level Since 2006

Includes: F, ITB, PKB
by: Bespoke Investment Group

Sales of pickup trucks are often a sign of strength or weakness in the small business and construction sectors, as these types of businesses are the most common users of these vehicles. With that in mind, today's numbers from Ford (NYSE:F) continue to show strength in these sectors. During the month of September, Ford sold 60,456 F-Series pickup trucks. This represents an increase of 9.8% from last year and is the highest level for the month of September since 2006.

Click to enlargeYear to date (YTD), Ford's sales of F-Series pickup trucks are now up to 559,506. This is also the highest year to date total since 2006, and it represents an increase of 20.7% from last year's level. That's the second largest year/year increase (largest was 30.1% in 2010) through September since at least 1997.

Click to enlarge