* Michigan - Pickup trucks powered Ford Motor Co. to record North American results in the third quarter
-- The company expects the trend to continue for a while. Ford earned $2.7 billion in North America, up 89 percent from a year ago, largely on higher sales of its new F-150 pickup truck. Ford introduced the aluminum-sided truck last fall but didn't reach full production at its two U.S. factories until June... The results were the strongest indication yet that Ford's risky decision to remake its best-selling vehicle as a lighter aluminum model is paying off. Sales of F-Series pickups — the F-150 and its larger siblings — reached a nine-year high for the July-September period. In the U.S. alone, Ford sold 207,271 F-Series trucks. That's 85 trucks per hour... Customers also paid more for them. Chief Financial Officer Bob Shanks said Ford was making an average of $2,000 more per F-Series truck compared to a year ago. Shanks said the aluminum-sided F-150, which is 700 pounds lighter than the older steel version, is a money-maker even though aluminum is more expensive than steel...
(Photo: Off-Roading Above 10,000 Feet In The 2015 Ford F-150 FX4) -- Dearborn, MICH, USA - The Associated Press, by DEE-ANN DURBIN - Oct 27, 2015Labels: truckmakers news USA
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