Shares of Ford Motor Company (NYSE:F) ended Tuesday session in green amid volatile trading. The shares closed up +0.17 points or 1.36% at $12.67 with 36.10 million shares getting traded. Post opening the session at $12.49, the shares hit an intraday low of $12.43 and an intraday high of $12.67 and the price vacillated in this range throughout the day. The company has a market cap of $50.58 billion and the numbers of outstanding shares have been calculated to be 3.90 billion shares.
On September 1, 2016 Lincoln sales rose 7 percent in the U.S. in August versus a year ago with 9,243 vehicles sold, while Ford Motor Company vans reached best-ever August sales with 20,355 vehicles sold. Overall U.S. company sales totaled 214,482 vehicles, an 8 percent decline.
Retail sales totaled 168,543 vehicles for the month – an 8 percent decrease. Fleet sales of 45,939 vehicles, including daily rental, commercial and government segments, were down 10 percent.
Lincoln’s retail sales grew 10 percent, thanks to a 55 percent retail increase in Lincoln MKX sales and an 8 percent uptick in MKZ retail sales.
“Strong sales of high-end Lincoln vehicles and Ford SUVs also helped us continue outpacing the industry in average transaction pricing, which increased $1,200 versus a year ago,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “Vans continue to be a bright spot for Ford – a consistent growth story for us this year.”
August’s record van sales were up 13 percent versus a year ago, driven largely by Ford Transit gaining 17 percent, with 11,993 vehicles sold.
Total truck sales were down 2 percent, with 88,372 vehicles sold. Ford F-Series sales of 66,946 trucks mark a 6 percent decline – and F-Series’ best retail month of the year.
Shares of Harley-Davidson Inc (NYSE:HOG) ended Tuesday session in red amid volatile trading. The shares closed down -0.67 points or -1.26% at $52.42 with 2.55 million shares getting traded. Post opening the session at $53.33, the shares hit an intraday low of $52.36 and an intraday high of $53.60 and the price vacillated in this range throughout the day. The company has a market cap of $9.41 billion and the numbers of outstanding shares have been calculated to be 178.80 million shares.
On Aug. 30, 2016 The Harley-Davidson, Inc. (HOG) Board of Directors has approved a cash dividend of $0.35 per share for the third quarter of 2016. The dividend is payable Sept. 23, 2016, to the holders of record of the Company`s common stock on Sept. 13, 2016.