The expectations were low - with Wall Street wizards peering into their crystal balls, sighing at the hazy numbers they found. Ford, they predicted, would fail to impress in the marketplace, earning middling sales and weak consumer interest.
With the release of the 2017 F-150, however, these speculations proved little more than smoke.
According to CNBC, Ford has far exceeded every Wall Street analysis - earning a staggering $39.9 billion in revenue for the year (compared to the expected $37.1 billion). This number was achieved by both a lowered tax rate and the strong sales of the F-150, which rose 7% from 2016. This marks the best second-quarter results for the Big Blue Oval since 2001.
We’re not surprised. Ford has reinvented the pick-up market with its 2017 F-150. This platform - bolstered by a 3.5L EcoBoost V6 - promises best-in-class performance, yielding up to 12,000 pounds of trailering and 3,000 pounds of payloads. It delivers 375 HP and 470 lb.-ft of torque, while its ultra-efficient 10-speed automatic transmission helps it achieve 22 MPGs on the highway. It connects consumers to the heavy-duty performance they crave.... and this is why it’s launched the F-Series to the top of the Wall Street charts.
Want to learn more about the value of the 2017 F-150? Visit our dealership today!