Less than three years since its launch, the F-150 EcoBoost
Ford Motor Co.
) has achieved the sale milestone of 400,000 units. The strong
sales helped drive the total sales of the F-Series trucks over
60,000 for the sixth consecutive month in Oct 2013.
Consequently, the sale of F-Series has surpassed the sales of
its closest competitor in Western U.S. by 67%. The F-150 EcoBoost
truck contributes 45% of the F-150 series sales in the region,
with demand for trucks coming mainly from the housing and
According to Ford's estimation, the fuel efficient technology
of F-150 EcoBoost is helping its owners save around 45 million
gallons of gas annually. The fuel saved surpassed the savings
made by other similar trucks by about 1,000 pounds.
It also exceeds the estimated savings made by all Toyota and
Tesla plug-in electrified vehicles sold till October in the U.S.
This estimation was made by Ford on the basis of the assumption
that they use no gasoline, drive 15,000 miles annually and
replace an equal number of 2010 F-150 V8 4x4 trucks.
These fuel saving estimations were made on the basis of the
EPA-estimated combined ratings for 2011-13 F-150 EcoBoost models
and for the same mix of 5.4-liter V8-equipped 2010 F-150
The sales milestone closely follows record production achieved
by Ford. The company recently produced the 2,000,000
EcoBoost engine. The engine line, which was launched in 2009, has
average factory output of over 100,000 per month against 65,000
engines in 2012.
Ford currently carries a Zacks Rank #1 (Strong Buy). Other
major automobile stocks worth considering are
Fox Factory Holding Corp.
General Motors Company
). While Daimler is a Zacks Rank #1 stock, Fox Factory and
General Motors carry a Zacks Rank #2 (Buy).
DAIMLER AG (DDAIF): Get Free Report
FORD MOTOR CO (F): Free Stock Analysis Report
FOX FACTORY HLD (FOXF): Free Stock Analysis
GENERAL MOTORS (GM): Free Stock Analysis
To read this article on Zacks.com click here.