Pricing gainsAt the same time, Ford has significant pricing gains in its favor. Average transaction prices for the F-series, including both the F-150 and Super Duty, rose $3,700 in the first half of the year, to $44,000. Ford last week announced a new “Limited” version of the F-150 that’s expected to cost at least $60,000.Shanks said incentives on the F-150 were the lowest in the segment, despite widely publicized discounts offered on “selected vehicles in selected markets.” Ford achieved those pricing gains even though it built about 25,000 fewer F-150s in the first half of 2015 than it did a year ago, he said.“Right across the board, F-150 is fine, building momentum and clearly is going to help us push toward a stronger second half,” Shanks said. “This thing is really going to continue to perform like a rocket.”Fields has repeatedly described 2015 as a “breakthrough year” for Ford, with heavy investments in new products beginning to pay off. Fields has said the bulk of Ford’s profits this year would come in the second half, which is the opposite of the usual pattern for automakers, due largely to the F-150 changeover.“Ford’s long-term outlook remains positive,” said Karl Brauer, senior analyst with Kelley Blue Book, “but it has to resolve F-150 production issues to leverage the new truck’s -- and overall company’s -- full potential.”
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