Automobile Sales Reporting For August, 2015

Again, the auto manufacturers get this data out the first business day following the previous month; less than 24 hours after the last sale is made in August, auto manufacturers have sales data for that month released on September 1. And yet, it will be two months before we get the oil import data for the United States.

Whatever.

Ford reports: strong demand for new products boosts Ford August US sales to best levels in nine (9) years. Summary:

• Ford Motor Company: total U.S. sales up 5 percent - the best August performance in nine years;
• Ford F-Series sells above the 70,000-truck mark for the first time this year; 
• F-Series retail sales up 15 percent; 
• commercial vans up 70 percent best August sales since 1994:
• Ford brand SUVs reach best August sales in 12 years, with all-new Ford Edge up 36 percent and new Ford Explorer up 22 percent;
• Ford Mustang sales up 70 percent the best August performance since 2007; and,
• Lincoln sales increase 6 percent, providing the brand with the best August performance in seven years.

F-series pick-ups and gas guzzling SUVs setting records. Two words: cheap gasoline. Two more words: low interest rates. One more word: incentives.

Can't wait to see the EV data for August.