Ford reported largest year-over-year U.S. sales decline

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Ford’s light-vehicle sales fell 8.8 percent in August, including a 6.1 percent slide for the F-series pickup. Sales of its cars plunged 25 percent, with the Fusion sedan down 33 percent. Sales declined 9.4 percent for the Ford brand but rose 7 percent for Lincoln, which was bolstered by a 50 percent jump for the MKX crossover.

Ford said fleet deliveries of all vehicles, including its medium and heavy trucks, were down 10 percent in August, while retail sales declined 8 percent. Just 21 percent of Ford’s sales were to fleet buyers last month, down from 32 percent year to date. Ford said deliveries to rental-car companies accounted for 90 percent of the fleet decline.

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