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Ford Leads The Pack In September


Ford saw a 23% increase in US auto sales in September 2015 compared to September 2014, which was ahead of other large auto manufacturers.

The Ford Mustang saw the strongest September since 2007 as it looks to reclaim the best selling muscle car title from the Camaro in 2015.

As the US economy stays strong, Ford is in an ideal position to take advantage of the booming US automotive market.

Ford (NYSE:F) announced September 2015 US vehicle sales of 222K, up 23% from the same month in 2014. This 23% increase came in slightly above expectations from analysts who were expecting an increase of 22%. Ford's large year-over-year increase was largely due to a late labor day, but it was the best retail results in September since 2004. More importantly, the increase led the pack as others reported monthly US vehicle sales - Toyota 16% (NYSE:TM), Fiat Chrysler 14% (NYSE:FCAU), and General Motors 12% (NYSE:GM). These positive results for Ford come amidst an auto market that reached an annualized rate of 18.17 million units in September, which is the highest rate since July 2005.

Furthermore, the year-over-year gain in September was 16%. Ford's impressive results from September are part of the strong second half that I have been expecting as a result of the new aluminum-bodied F-150 pickup reaching optimal inventory levels. It has become clear that as the US economy remains strong, Ford is in a great position to take advantage of the economy dependent auto market.

The key to the company's turnaround has been the remodeling of the Ford...