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CNBC's Auto Expert Breaks Down Ford's April Sales Figure, Highlights Strong Truck Sales

CNBC's Auto Expert Breaks Down Ford's April Sales Figure, Highlights Strong Truck Sales

Shares of Ford Motor Company (NYSE: F) were trading lower by more than 2 percent on Tuesday after the company reported its April U.S. auto sales data.

Ford said its total U.S. auto sales rose 4 percent year-over-year to 231,316 units.

CNBC's auto expert Phil LeBeau pointed out that Ford's recorded 4 percent gain in sales is "slightly" below's estimates for a 4.5 percent gain.

Related Link: Phil LeBeau Breaks Down General Motors' Weaker-Than-Expected April Sales

LeBeau noted that for more than a year, trucks and utility sales are becoming an increasingly important component of the overall sales mix, particularly at Ford. He pointed out that Ford recorded a 12.6 percent gain in F-series truck sales as the company is "finally getting the full year rotation in terms of sales and production of the F-series" at various production facilities.

On the other hand, LeBeau said "people are just moving away from cars" and this isn't unique to Ford. Nevertheless, the automaker did report a 11.5 percent decline in car sales in April.


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